Energy costs (1 - 10 of 195 items)
Electricity: Status of Residential Deployment of Solar and Other Technologies and Potential Benefits and Challenges
GAO-17-142: Published: Feb 13, 2017. Publicly Released: Mar 15, 2017.
Federal and state policymakers have used a range of policies to encourage the deployment of solar systems and other technologies that allow residential customers to generate, store, and manage their electricity consumption. For example, federal tax incentives—such as the investment tax credit—have reduced customers' up-front costs of installing solar systems. In addition, a Department of Energ...
DOD Renewable Energy Projects: Improved Guidance Needed for Analyzing and Documenting Costs and Benefits
GAO-16-487: Published: Sep 8, 2016. Publicly Released: Sep 8, 2016.
The Department of Defense (DOD) has emphasized working with private developers using a variety of alternative financing mechanisms—that is, agreements with private developers to pay back the costs of the projects over time—to develop renewable energy projects greater than 1 megawatt. According to DOD officials, DOD works with private developers because doing so gives DOD several advantages. Fo...
Defense Infrastructure: Energy Conservation Investment Program Needs Improved Reporting, Measurement, and Guidance
GAO-16-162: Published: Jan 29, 2016. Publicly Released: Jan 29, 2016.
The Department of Defense (DOD) collects information on how Energy Conservation Investment Program (ECIP) projects are expected to perform when operational, including anticipated returns on investment and energy or water savings. While DOD annually notifies congressional committees of proposed ECIP projects and includes some of this performance information with the notification, it does not do so...
Bulk Fuel Pricing: DOD Needs to Take Additional Actions to Establish a More Reliable Methodology
GAO-16-78R: Published: Nov 19, 2015. Publicly Released: Nov 19, 2015.
The Department of Defense (DOD) adjusted its methodology for developing the standard fuel price for fiscal year 2016 in order to develop a more precise estimate, but the new methodology does not reflect actual market conditions or fully account for risks to the reliability of its fuel cost estimate. In July 2014, GAO found that DOD had not updated its approach to establish the standard price for f...
Department of Energy: Transactions Involving USEC Inc. Since 1998
GAO-15-730: Published: Sep 10, 2015. Publicly Released: Oct 13, 2015.
The Department of Energy (DOE) has engaged with USEC Inc. (USEC) in 23 transactions since USEC was privatized in 1998 through July 1, 2015. The 23 transactions fall into the following six categories:Establishment of USEC. DOE engaged with USEC in 3 transactions to help establish the company as a private company. For example, from 1998 to 2003, DOE transferred enriched uranium, as required by the U...
Capitol Power Plant: Architect of the Capitol Should Update Its Long-term Energy Plan before Committing to Major Energy Projects
GAO-15-436: Published: Sep 3, 2015. Publicly Released: Sep 3, 2015.
The Architect of the Capitol (AOC) implemented many measures since 2008 to manage the energy-related costs of the Capitol Complex (the complex) and has opportunities to further manage these costs. AOC updated some of the Capitol Power Plant's (CPP's) production and distribution systems to reduce energy use and increase efficiency. AOC also implemented measures to reduce energy consumption in the c...
Energy Savings Performance Contracts: Additional Actions Needed to Improve Federal Oversight
GAO-15-432: Published: Jun 17, 2015. Publicly Released: Jun 17, 2015.
The seven selected agencies in GAO's review awarded approximately $12.1 billion in energy savings performance contracts (ESPC) in fiscal years 1995 through 2014 and plan to continue using them to help meet federal energy directives and initiatives. Under ESPCs, private contractors finance the up-front costs of energy improvements. Agencies then repay contractors from the savings, such as those res...
Spent Nuclear Fuel Management: Outreach Needed to Help Gain Public Acceptance for Federal Activities That Address Liability
GAO-15-141: Published: Oct 9, 2014. Publicly Released: Nov 12, 2014.
Spent nuclear fuel—the used fuel removed from nuclear power reactors—is expected to accumulate at an average rate of about 2,200 metric tons per year in the United States. This spent nuclear fuel is mostly stored wet, submerged in pools of water. However, since pools have been reaching their capacities, owners and generators of spent nuclear fuel (typically utilities and reactor operators) hav...
Fusion Energy: Observations on DOE's Cost and Schedule Estimates for U.S. Contributions to an International Experimental Reactor
GAO-14-750T: Published: Jul 11, 2014. Publicly Released: Jul 11, 2014.
Since the International Thermonuclear Experimental Reactor (ITER) Agreement was signed in 2006, the Department of Energy's (DOE) estimated cost for the U.S. portion of ITER has grown by almost $3 billion, and its estimated completion date has slipped by 20 years. DOE has identified several reasons for the changes, such as increases in hardware cost estimates as designs and requirements have been m...
Bulk Fuel Pricing: DOD Needs to Reevaluate Its Approach to Better Manage the Effect of Market Fluctuations
GAO-14-595: Published: Jul 8, 2014. Publicly Released: Jul 8, 2014.
During fiscal years 2009 through 2013, the Department of Defense's (DOD) actual costs for bulk fuel differed considerably from its budget estimates, largely because of fluctuations in fuel price in the open market. During this period, DOD underestimated its costs for 3 years and overestimated them for 2 years as shown below. GAO identified two factors that contributed to the differences between es...