Catastrophic Events

Catastrophic events are those of significant magnitude that were unforeseen at the time of a regular General Rate Case and impact utility customer service. This area includes the Catastrophic Events Memorandum Account (CEMA) which allows utilities to recover the incremental costs incurred to repair, restore or replace facilities damaged during a disaster declared by the appropriate federal or state authorities.  The proposed  WEBA - the Wildfire Expense Balancing Account- may also be employed after a castatrophic wildfire event, if third-party claims against the utility exceed applicable insurance coverage.

 

Catastrophic Events Memorandum Account (CEMA)

The Catastrophic Events Memorandum Account (CEMA) was approved in 1991.  The purpose of this account is to allow utilities to recover the incremental costs incurred to repair, restore or replace facilities damaged during a disaster declared by the appropriate federal or state authorities.

Wildfire Expense Balancing Account (WEBA)

The Wildfire Expense Balancing Account (WEBA) is a proposed mechanism to allow recovery of wildfire-related costs in excess of insurance coverage or previously authorized revenue requirements.