CERTIFICATION OF PRINCIPAL FINANCIAL OFFICER
Certification Pursuant to 18 U.S.C. Section 1350 (Adopted Pursuant to Section
302 of the Sarbanes-Oxley Act of 2002)
I, Michael R. Cunningham, certify that:
1. I have reviewed this annual report on Form 10-K of Chugach Electric
Association, Inc.;
2. Based on my knowledge, this annual report does not contain
any untrue statement of a material fact or omit
to state a material fact necessary to make the statements made, in light
of the circumstances under which such statements were made, not
misleading with respect to the period covered by this annual report;
3. Based on my knowledge, the financial statements, and other financial
information included in this annual report, fairly present in all
material respects the financial condition, results of operations and cash
flows of the registrant as of, and for, the periods presented in this
annual report;
4. The registrant's other certifying officers and I are responsible for
establishing and maintaining disclosure controls and procedures (as
defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for Chugach, and
we have:
a) designed such disclosure controls and procedures, or caused such
disclosure controls and procedures to be designed under our
supervision, to ensure that material information relating to
Chugach is made known to us, particularly during the period in
which this annual report is being prepared;
b) evaluated the effectiveness of our disclosure controls and
procedures and presented in this report our conclusions about
the effectiveness of our disclosure controls and procedures, as
of the end of the period covered by this report based on such
evaluation; and
c) disclosed in this report any change in our internal control over
financial reporting that occurred during the fourth fiscal
quarter that has materially affected, or is reasonably likely to
materially affect, our internal control over financial
reporting; and
5. The other certifying officers and I have disclosed, based on our most
recent evaluation, to our auditors and the audit committee of our Board
of Directors:
a) all significant deficiencies in the design or operation of
internal controls which could adversely affect the our ability
to record, process, summarize and report financial data and have
identified for our auditors any material weaknesses in internal
controls; and
b) any fraud, whether or not material, that involves management or
other employees who have a significant role in our internal
controls.
Date: March 29, 2004 /s/ Michael R. Cunningham
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Michael R. Cunningham
Chief Financial Officer
Principal Financial Officer