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Policies Governing the Bonneville Power Administration's Repayment of Federal Investments Need Revision
EMD-81-94: Published: Jun 16, 1981. Publicly Released: Jun 16, 1981.
The Bonneville Power Administration increased its wholesale electric power rate by about 90 percent in 1979 and has proposed another rate increase of about 50 percent effective July 1, 1981. It expects to follow these increases with annual rate hikes over the next several years. Because of widespread concern over the power rates, GAO conducted a survey of Bonneville's policies for repaying federal...