B-265734: Feb 13, 1996

An official at the Securities and Exchange Commission (SEC) requested an advance decision concerning a rebate that SEC received from a utility company. GAO held that SEC should: (1) credit 50 percent of the rebate to its accounts that fund energy and water conservation activities; and (2) deposit the remaining 50 percent of the rebate into the Treasury's General Fund by the end of fiscal year 1996...

B-265734: Feb 13, 1996

PEPCO will visit the customer's site and determine if their equipment qualifies for more energy efficient equipment. PEPCO will estimate the amount of rebate that the customer would receive based on a fixed dollar amount per item installed. It will make a one-time lump sum payment to the customer in one of three ways: check. Analysis We agree with the SEC that it is authorized to accept the financ...