Alaska Hydroelectric Energy Development and Conversion Act

Alaska Hydroelectric Energy Development and Conversion Act - Directs the Secretary of the Interior, acting through the Alaska Power Administration, to develop a comprehensive plan for the development of hydroelectric power in Alaska. Requires that such plan be submitted to the Congress no later than January 1, 1985.

Establishes criteria for the disposition of hydroelectric power developed in Alaska by the Secretary. Requires the Secretary to sell such power at the lowest possible rates consistent with sound business principles.

Directs the Secretary to develop a comprehensive plan for the construction of direct current lines from Alaskan sources to the transmission system of the Bonneville Power Administration. Requires that such transmission lines and related facilities be designed so as to insure the minimum impact on the environment.