City Manager Scott Ochoa defended annual multimillion-dollar transfers from the utility's electric fund to the city's General Fund on Thursday.
The city plans to transfer $21 million from the electric fund in its upcoming fiscal budget, and an advisory committee has been formed to look at possibly increasing the electric rate by Sept. 1.
Ochoa said the declining economy had a major impact on the city's General Fund — which pays for most public services, such as libraries, police and firefighters — so city officials tapped more electric funds to compensate.
City Manager Scott Ochoa went before the Glendale Power & Water Commission on Thursday to defend annual multimillion-dollar transfers from the utility's electric fund to the city's General Fund, which some residents have complained leads to artificially high rates.
A clause toward the end of the 126-page document states that it will be nullified if the city loses the ability to transfer money from the electric fund to the city's general fund, which pays for most public services, including police officer salaries.
Another example is NAVYA from France that produced a fully autonomous electric vehicle, funded with 34 million EUR and registered for an IPO on Euronext.
Off-Grid Electric has been funded by sources including Tesla and Paul Allen's venture fund, Vulcan.
When the Movpak is available through more traditional retail channels early next year, its creators say the price will go up to $1,999, about the same as previous electric skateboards originally funded through Kickstarter.
Millions of dollars are being channeled into thousands of public and private electric charging stations, funded with monies from the U.S. Department of Energy, automobile manufacturers, states, cities, utilities and other public and private entities.
But Mark Duvall, project manager for electric transportation at EPRI, a nonprofit research organization funded by electric utilities, argues that PHEVs will not measurably increase electric utilities' water needs.
klima:aktiv has proven to be an important tool for e-mobility: Around 10,000 electric vehicles (primarily e-bikes/e-scooters and light-weight community e-vehicles) and over 1000 additional electric charging points were funded within the programme.
