Date Issued
Report Number
2021-17315
Report Type
Audit
Description
The Office of the Inspector General conducted an evaluation to determine if the Tennessee Valley Authority (TVA) was accurately calculating and reporting its capacity to meet energy demand. We made recommendations for TVA management to: (1) improve or create new processes to define how capacity should be calculated, used, and reported, internally and externally, (2) correct reporting errors identified and implement controls to prevent future recurrence, and (3) continue to evaluate the risk posed by TVA's current system position and take actions as necessary to address. TVA management agreed to implement our recommendations.(Summary Only)
Joint Report
Yes
Participating OIG
Tennessee Valley Authority OIG
Agency Wide
Yes (agency-wide)
Questioned Costs
$0
Funds for Better Use
$0