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EMD-79-52 1 (1979-06-13)

handle is hein.gao/gaobaazjr0001 and id is 1 raw text is: REPORT BY THE Comptroller General ()F THE NITED STATES Nuclear Power Costs And Subsidies On October 23, 1978. Senator John Melcher asked GAO to identify, to the extent possible, the full cost of nuclear power. Such a cost mainly includes not only industry's costs, but also those borne by the Fedeial Government u piumoti u, regulate the nuclear power in dustry. GAO found that the average commercial cost of eiectricity generated by nuclear power plants in the United States d!uring 1978 was reported to be about 1.5 cents per kilowatt. hour, about th, same as it was in 1977. Major Federal nuclear-related costs and sub sidies for research and development, uranium enrichment, uranium exploration, and regula tion tctaled athout $1.7 billion during fiscal year 1978, an increase of about S274 million from fiscal year 1977. These costs. based on assumptions descr tbed in the report, were equal to 0.62 cents per kilowatt hour during fiscal year 1978, and 0.57 cents during fiscal year 1977. Other Federal contributions to the nuclear industry described in the report were Pot quanti fiaifi 0 .- X T Ui EMD 79-52 JUNE 13, 1979 (() us

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