United States Government Publishing Office publisher pbl distributor dst United States Government Accountability Office Resources, Community, and Economic Development Division author aut Government Organization text government publication eng GAOREPORTS Legislative Agency Publications gao legislative 2010-08-12 U.S. Government Printing Office 1997-09-30 monographic deposited born digital 33 p. GA 1.13:RCED-97-244 https://www.govinfo.gov/app/details/GAOREPORTS-RCED-97-244 P0b002ee18037b6a1 f:rc97244 DGPO 2010-08-12 2011-03-23 GAOREPORTS-RCED-97-244 machine generated eng fdlp REPORT GAOREPORTS-RCED-97-244 RCED-97-244 Energy consumption Federal procurement Energy costs Electric energy Competition Energy industry Price regulation Projections Utility rates Letter Report RCED The federal government--the largest consumer of electricity in the United States--could benefit by purchasing electricity in a competitive market. GAO estimated potential savings by referring to several published forecasts of the extent to which competition may reduce electricity prices. GAO found that the government could save anywhere from $1 billion to more than $8 billion over the 18-year period from 1998 to 2015 if it purchased electricity competitively. However, falling electricity prices would likely cause the government to buy more electricity than it would have bought at higher prices. After adjusting for that likelihood, GAO estimated that federal spending on electricity would decrease by $0.6 billion to $6.5 billion during the same period. https://www.govinfo.gov/content/pkg/GAOREPORTS-RCED-97-244/html/GAOREPORTS-RCED-97-244.htm https://www.govinfo.gov/content/pkg/GAOREPORTS-RCED-97-244/pdf/GAOREPORTS-RCED-97-244.pdf GAO/RCED-97-244 https://www.govinfo.gov/app/details/GAOREPORTS-RCED-97-244 Letter Report GAO/RCED-97-244; Federal Electricity: Retail Competition Could Create Government Savings; Energy consumption Federal procurement Energy costs Electric energy Competition Energy industry Price regulation Projections Utility rates