Secretary of State No.
ELECTRICAL PRODUCTION. INITIATIVE STATUTORY AMENDMENT. Requires State Energy Resources Conservation and Development Commission to designate location, construct and operate pilot model, for feasibility study, of ocean current electricity converter. Requires electrical utilities in state to add surcharge of $.001 to rate for electricity sold to consumers, to be transmitted to Commission and continuously appropriated for purposes of Act. Commission shall report to Legislature regarding converter's feasibility. State shall operate converters except 40% interest may be sold to non-profit organizations. Expresses intent to reduce consumer bills for electrical services in proportion to reduction in dependence upon fossil fuels for electricity production. Fiscal impact: State revenues increased by approximately $12.5 million annually. State capital outlay and administrative costs increased over $100,000,000 to plan, design, construct and operate pilot model. State and local governmental costs increased by unknown amount.
Leanne Lowther, 6051 Dauphin Avenue, Los Angeles, Ca 90034 (213) 934-2632; William Lowther, 6051 Dauphin Avenue, Los Angeles, Ca 90034 (213) 934-2632
Failed to Qualify
Electrical Production California Initiative 226 (1979).