Company: SCE-PL
Filing Date: 2025-10-28
Form Type: SF-1/A
Source: 0001193125-25-253849
Chunk: 124

Company: SOUTHERN CALIFORNIA EDISON Co
Filing Date: 2025-10-28
Form: SF-1/A
Chunk 124
---
 amount of interest payable. If, on any payment date, remaining collections of the fixed recovery charges, together with available amounts in the subaccounts, are not sufficient to pay principal due and payable on all outstanding bonds on that payment date, amounts available will be allocated pro rata based on the principal amount then due and payable. If, on any payment date, remaining collections of the fixed recovery charges, together with available amounts in the subaccounts, are not sufficient to pay principal scheduled to be paid on all outstanding bonds, amounts available will be allocated pro rata based on the principal amounts then scheduled to be paid on the payment date. Issuance of Additional Recovery Bonds We have been organized as a special purpose subsidiary of SCE for the limited purpose of holding recovery property and issuing recovery bonds, including the Prior Recovery Bonds, the bonds and any additional recovery bonds, secured by recovery property and other collateral pledged to secure such recovery bonds. As a result, we may acquire additional recovery property and issue one or more series of additional recovery bonds that are supported by such additional and separate recovery property or other collateral to finance the recovery costs approved by an additional financing order. - 94 -

We may issue additional recovery bonds and acquire additional recovery bonds after the acquisition and issuance described in this prospectus, subject to satisfaction of the following conditions, among others:

| • |     | SCE requests and receives an additional financing order from the California commission; |

| • |     | SCE must serve as initial servicer and administrator for such series of the additional recovery bonds and that                                                                 
 the servicer and administrator cannot be replaced without the requisite approval of the holders of all series of recovery bonds (including the Series 2021-A Bonds, the Series 
 2022-A Bonds, the Series 2023-A Bonds and the bonds) then-outstanding;                                                                                                         |

| • |     | satisfaction of the rating agency condition; |

| • |     | each series of additional recovery bonds has recourse only to the additional recovery property and funds on                                                                                                                                            
 deposit in the trust accounts held by the trustee with respect to such additional recovery bonds, is nonrecourse to our other assets and does not constitute a claim against us if revenue from the fixed recovery charges and funds on deposit in the 
 trust accounts with respect to such series are insufficient to pay such other series in full;                                                                                                                                                          |

| • |     | the trustee and the rating agencies then rating any series of our outstanding recovery bonds are provided an                                                                                                                                          
 opinion of a nationally recognized law firm experienced in such matters to