Hybrid electrical-optical telemetry systems and methods are disclosed. The methods and systems facilitate faster data transmission rates between the surface and downhole tools and sensors. The methods and systems may also include a downhole electrical bus for inter-tool and intra-tool communication to facilitate limited changes to existing downhole equipment. Some embodiments of the hybrid electrical-optical telemetry system include a light source at the surface and a downhole modulator. Some embodiments also include redundant, selectable optical systems. The methods and systems may operate via a single optical input/output cable.