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Federal Electricity Activities: The Federal Government's Net Cost and Potential for Future Losses, Volume 1

AIMD-97-110 Published: Sep 19, 1997. Publicly Released: Sep 19, 1997.
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Highlights

Pursuant to a congressional request, GAO reviewed federal electricity activities, focusing on the: (1) federal government's net recurring cost from the electricity-related activities at the Department of Agriculture's Rural Utilities Service (RUS), the Department of Energy's power marketing administrations (PMA), and the Tennessee Valley Authority (TVA) for fiscal year (FY) 1996 and, where possible, the cumulative net cost for FY 1992 through 1996; and (2) likelihood of future losses beyond the net recurring costs to the federal government from these entities.

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CompetitionCost analysisElectric utilitiesEnergy marketingFederal corporationsFinancial analysisIntergovernmental fiscal relationsLoan repaymentsLossesUtility rates