Will legislation permitting electric utilities to recover 2018 wildfire liability debt costs by charging customers become law in California before 14 October 2019?

Started Mar 15, 2019 05:00PM UTC
Closed Oct 15, 2019 06:59AM UTC

In September 2018, California Governor Jerry Brown signed legislation permitting electric utilities like Pacific Gas & Electric to pay for wildfire liabilities with bonds and higher rates charged to customers (U.S News, California Legislative Information). The law applies to fires that started in 2017 or in 2019 and beyond, but not fires started in 2018 (NY Times). Whether California will extend that option to liabilities for 2018 wildfires is the subject of much political speculation (LA Times, SF Chronicle, The Wall Street Journal).

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The question closed "No" with a closing date of 15 October 2019.

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Possible Answer Correct? Final Crowd Forecast
Yes 15.00%
No 85.00%

Crowd Forecast Profile

Participation Level
Number of Forecasters 305
Average for questions older than 6 months: 208
Number of Forecasts 539
Average for questions older than 6 months: 589
Accuracy
Participants in this question vs. all forecasters average

Most Accurate

Relative Brier Score

1.
-0.23
2.
-0.229
3.
-0.21
4.
-0.207
5.
-0.198

Recent Consensus, Probability Over Time

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