Tennessee Valley Authority--Options for Oversight

GAO was requested to review oversight opportunities relative to the power program of the Tennessee Valley Authority (TVA). Specifically, GAO was requested to determine: (1) to what extent the TVA Act gives Congress oversight responsibility for the TVA power program; (2) what actions are needed to gain additional oversight of TVA activities, such as bringing the TVA ratemaking process under the jurisdiction of the Federal Energy Regulatory Commission; and (3) other options available to increase or improve oversight at TVA.