Company: SCE-PL
Filing Date: 2025-11-17
Form Type: 424B3
Source: 0001193125-25-283973
Chunk: 24

Company: SOUTHERN CALIFORNIA EDISON Co
Filing Date: 2025-11-17
Form: 424B3
Chunk 24
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. For example, to recover part of an outstanding bill, the servicer may agree to extend a customer’s payment schedule, including the fixed recovery charges. Also,
subject to any required California commission approval, the servicer may change billing, collection and posting practices, which might adversely impact the timing and amount of customer payments and might reduce fixed recovery charge collections,
thereby limiting our ability to make scheduled payments on the bonds. Separately, the California commission might require changes to these practices. Any changes in billing, collection and posting practices or regulations might make it more
difficult for the servicer to collect the fixed recovery charges and adversely affect the value of your investment in the bonds.

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SCE’s systems and assets are targets for physical and cyber-attacks that could result in their failure or reduced functionality and limit SCE’s ability to service the recovery property

Regulators such
as North American Electric Reliability Council and U.S. Government agencies, including the Departments of Defense, Homeland Security and Energy, have increasingly stressed that threat sources continue to seek to identify and exploit vulnerabilities
in the U.S. national electric grid and other critical energy infrastructures, and that such attacks and disruptions, both physical and cyber, are highly sophisticated and dynamic. Several U.S. Government agencies have highlighted the increasing
risks related to physical and cybersecurity attacks, including ransomware attacks, related to the electric sector, including its supply chains, and that the risks may escalate during periods of heightened geopolitical tensions.

SCE requires the uninterrupted use of sophisticated information and operational technology systems and infrastructure to monitor and operate
the electric grid. In the regular course of SCE’s business, it also handles a range of sensitive infrastructure, security, employee, customer, and business systems information. If SCE’s information technology and operational technology
systems’ security were to be compromised by physical or electronic means or a critical system or technology failure were to occur without timely recovery, including failure of new technology to be implemented as designed, SCE could be unable
to fulfill critical business functions, including the servicing of recovery property, and/or sensitive information could be misappropriated or compromised.

SCE interacts with a wide array of third parties and depends on vendors to provide it with services. Malicious actors may attack vendors to
disrupt the services they provide to SCE, or to use those vendors as a conduit to attack SCE. Additionally, the products and services provided by SCE’s vendors may contain vulnerabilities or otherwise. A compromise of equipment and/or
exfiltration of SCE data, whether