Company: SCE-PL
Filing Date: 2025-11-24
Form Type: 424B1
Source: 0001193125-25-293755
Chunk: 139

Company: SOUTHERN CALIFORNIA EDISON Co
Filing Date: 2025-11-24
Form: 424B1
Chunk 139
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 fixed recovery charges approved in the

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financing order. For more information on the true-upadjustment process, please read “ SCE’s Financing Order—Fixed Recovery Charges—The Financing Order Requires the Servicer to Periodically “True-Up”the Fixed Recovery Charge” in this prospectus. Each true-upadjustment will allocate the revenue requirement among the FRC consumer classes in accordance with the methodology used to determine the fixed recovery charges approved in the financing order. Prior to each true-upadjustment submission, the servicer will update the data and assumptions used to calculate the fixed recovery charges, including projected electricity consumption during the next two payment periods based upon the most recent approved forecasts. Please read “ SCE’s Financing Order—Fixed Recovery Charges—The Financing Order Establishes the Methodology used to Calculate the Fixed Recovery Charges” in this prospectus. Remittances to Collection Account The servicer will remit fixed recovery charge collections to the trustee for further credit to the general subaccount within two servicer business day of receipt. Please read “ Security for the Bonds—Description of Indenture Accounts—Collection Account” in this prospectus. Until the fixed recovery charge collections are remitted to the collection account, the servicer will not segregate them from its general funds. Please read “ Risk Factors—Risks Associated with Potential Bankruptcy Proceedings of the Seller or the Servicer” in this prospectus. The servicing agreement and the financing order require that, in the event a customer does not pay in full all amounts owed under any bill, including fixed recovery charges, any resulting shortfalls in fixed recovery charges will be allocated ratably between the trustee and trustees for each series of additional recovery bonds. The servicer has agreed and acknowledged that it holds all fixed recovery charge collections received by it and any other proceeds for the recovery bond collateral received by it for the benefit of the trustee and the bondholders and that all such amounts will be remitted by the servicer without any surcharge, fee, offset, charge or other deduction. The servicer has further agreed not to make any claim to reduce its obligation to remit all fixed recovery charge payments collected by it in accordance with this servicing agreement. Servicing Compensation The servicer will be entitled to receive an annual servicing fee in an amount equal to:

| • |     | $821,358 per annum for so long as the servicer remains SCE or an affiliate, plus out of pocket expenses; or |

| • |     | if SCE or any of its affiliates is not