Accession Number : ADA332297

Title :   Should the Federal Government Sell Electricity?

Corporate Author : CONGRESSIONAL BUDGET OFFICE (U S CONGRESS) WASHINGTON DC

PDF Url : ADA332297

Report Date : NOV 1997

Pagination or Media Count : 86

Abstract : The nation originally invested in electrical power programs as a way of fostering regional development and promoting competition in power markets. Many of the projects serve multiple purposes, such as flood control and irrigation. But as concerns have risen about the efficiency of the government power operations and the federal budget, some people question the wisdom of continuing government ownership of power assets. This study, prepared by the Congressional Budget Office (CBO) in response to a request from the House Committee on the Budget, reviews the arguments for changing the management of federal power programs and describes three options for change: management reform, transfer to local governments, and privatization. The study presents estimates of the potential market value of federal power assets and the budgetary impact of selling them.

Descriptors :   *FINANCIAL MANAGEMENT, *ELECTRIC POWER PLANTS, UNITED STATES GOVERNMENT, COST ANALYSIS, ELECTRIC POWER PRODUCTION, HOUSE OF REPRESENTATIVES, PANEL(COMMITTEE), FLOOD CONTROL, FEDERAL BUDGETS, IRRIGATION SYSTEMS, LOCAL GOVERNMENT.

Subject Categories : Economics and Cost Analysis
      Government and Political Science
      Electric Power Production and Distribution

Distribution Statement : APPROVED FOR PUBLIC RELEASE