Will legislation permitting electric utilities to recover 2018 wildfire liability debt costs by charging customers become law in California before 14 October 2019?
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 |
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Yes | 15.00% | |
No | 85.00% |
Crowd Forecast Profile
Participation Level | |
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Number of Forecasters | 305 |
Average for questions older than 6 months: 206 | |
Number of Forecasts | 539 |
Average for questions older than 6 months: 586 |
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Participants in this question vs. all forecasters | average |