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Financial Management: Briefing on Federal Electricity Activities--TVA

AIMD-98-36R Published: Nov 19, 1997. Publicly Released: Nov 19, 1997.
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Highlights

Pursuant to a congressional request, GAO reviewed the: (1) ongoing expenses incurred by the federal government to support the electricity related activities of four Power Marketing Administrations (PMAs), the Department of Agriculture's Rural Utilities Service (RUS), and the 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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Electric utilitiesEnergy costsEnergy industryEnergy marketingFederal corporationsFinancial analysisLoan repaymentsLossesBreach of contractDepreciation