Report on Sale of Hydroelectric Power by the Department of the Interior Under Section 5 of the Flood Control Act of 1944 at Rates Not Approved by the Federal Power Commission

The General Accounting Office has made a review of the administration by the Department of the Interior and the Federal Power Commission (FPC) of that portion of section 5 of the Flood Control Act of 1944 (16 U.S.C. 825a) which provides that the rates at which the Department of the Interior markets hydroelectric power and energy generated at projects constructed and operated by the Department of the Army become effective upon confirmation and approval by the FPC. Our review was made at the offices of the Department of the Interior in Washington, D.C., and at the Southwestern Power Administration in Tulsa, Oklahoma. We reviewed the applicable legislation, related policies and procedures of the agencies involved, selected contracts, and related background data, concerning the marketing of hydroelectric power by the Department of the Interior. This review was made pursuant to the Budget and Accounting Act, 1921 (31 U.S.C. 53), and the Accounting and Auditing Act of 1950 (31 U.S.C. 67).