Question 17 of 25 in In The News 2019
Started Mar 15, 2019 05:00PM UTC   •   Closing Oct 15, 2019 06:59AM UTC

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

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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Name Probability
Yes 20%

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