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Burbank also transfers up to 2% of electric sales to the General Fund for street lighting purposes, though electrical fees are specifically exempt from Prop.
Rational gasoline taxing would provide dollars to improve alternative transportation while boosting hybrid and electric sales more than subsidies do.
Non-hydro renewables provide between 23 and 36percentt of total retail electric sales in 2030 under current policy and between 29 and 40percentt under the Curbelo proposal.
Her father was until 1997 the chief executive of MasterCard International in Purchase, N.Y., and is now the chairman and chief executive of the New Power Company, a gas and electric sales business in Purchase.
Mr. Kessel said LIPA would absorb $170.4 million of the higher costs by decelerating debt repayment, principally for the defunct Shoreham nuclear power plant, and by tapping into higher-than-expected revenues from electric sales.
Solar electric sales grew 62% to a cumulative 3.8 gigawatts (again, measured by peak output).
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Tepco's all-electric sales pitch played into the Japanese love of electricity.
The firm's long-range forecasts for electric-vehicle adoption implied a limited role for plug-in hybrids as all-electric sales jump in coming years.
Electric vehicle sales represented 0.04% of total new car sales in 2011.
"Los Angeles has long been one of the world's top markets for electric car sales," said Brendan Jones, director of Nissan electric vehicle sales and infrastructure.
Electric vehicle sales represent less than 3% of all new car sales in most markets.
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