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Nuclear Waste: DOE Should Base Disposal Fee Assessment on Realistic Inflation Rate

RCED-88-129 Published: Jul 22, 1988. Publicly Released: Jul 22, 1988.
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Highlights

GAO reviewed the Department of Energy's (DOE) annual assessment of the nuclear waste disposal program fee, focusing on DOE treatment of inflation in assessing fee adequacy.

Recommendations

Recommendations for Executive Action

Agency Affected Recommendation Status
Department of Energy The Secretary of Energy should use a realistic base-case inflation rate estimate in determining the waste disposal fee needed to produce sufficient revenues to recover total program costs.
Closed – Implemented
DOE implemented the recommendation in its November 1990 fee assessment. See Nuclear Waste Fund Fee Adequacy: An Assessment, November 1990, DOE/RW-0291P.

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Full Report
(20 pages)

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Topics

Auditing and Financial Management
Cost analysisElectric utilitiesFeesGovernment collectionsInflationNuclear waste disposalNuclear waste managementInterest ratesNuclear wasteWaste disposal