Thanks to renewable energy, L.A. electricity rates skyrocket
The city of Los Angeles plans to raise its citizen's utility bills in the hopes of driving up the usage of renewable energy.
Determined to fulfill his pledge to require Los Angeles to derive 20% of its electricity from renewable sources by end of the year, Mayor Antonio Villaraigosa is moving ahead with plans to impose a stiff carbon surcharge on monthly utility bills. The mayor's goal is to push the city's Dept. of Water and Power (DWP) away from coal and toward wind and solar energy. Under the plan unveiled March 15, households that get their power from DWP could see their electricity bills increase by 8.8 to 28.4%, depending on where they live and how much energy they use. The plan will be phased in over the next year.
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Annual Salary Survey
In a year when manufacturing continued to lead the economic rebound, it makes sense that plant manager bonuses rebounded. Plant Engineering’s annual Salary Survey shows both wages and bonuses rose in 2012 after a retreat the year before.
Average salary across all job titles for plant floor management rose 3.5% to $95,446, and bonus compensation jumped to $15,162, a 4.2% increase from the 2010 level and double the 2011 total, which showed a sharp drop in bonus.