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Tennessee Valley Authority: Financial Problems Raise Questions About Long-Term Viability

AIMD/RCED-95-134 Published: Aug 17, 1995. Publicly Released: Aug 17, 1995.
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Highlights

Pursuant to a congressional request, GAO reviewed the Tennessee Valley Authority's (TVA) financial condition, focusing on the implications for TVA and the federal government in light of the increasingly competitive electric utility market.

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CompetitionElectric power generationElectric utilitiesEnergy costsEnergy lawFederal corporationsFinancial managementInternal controlsUtility ratesInterest rates