Financial Management: Briefing on Federal Electricity Activities
AIMD-98-33R
Published: Nov 10, 1997. Publicly Released: Nov 10, 1997.
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Highlights
Pursuant to a congressional request, GAO reviewed: (1) any ongoing expenses incurred by the federal government to support the electricity-related activities of the power marketing administrations (PMAs), Rural Utilities Service (RUS), and Tennessee Valley Authority (TVA); and (2) potential future losses from these activities given the move toward deregulation and increased competition in the electricity industry.
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CompetitionElectric utilitiesFederal corporationsLoan defaultsLossesRegulationBreach of contractFederal electricityCivil auditsInformation management