Commission considering liability cap and recovery fund for future Hawaii wildfires

Hawaii's regulatory commission is mulling over a liability cap for electric utilities to mitigate the financial impact of future catastrophic wildfires, with a decision potentially coming as soon as next year. This move comes amid growing concerns over utility-related ignitions and the escalating costs associated with wildfire recovery. Establishing a cap and recovery fund could provide a financial safeguard for utilities while addressing community concerns, potentially influencing similar measures nationwide as wildfire threats grow.