Company: SCE-PL
Filing Date: 2025-11-24
Form Type: 424B1
Source: 0001193125-25-293755
Chunk: 72

Company: SOUTHERN CALIFORNIA EDISON Co
Filing Date: 2025-11-24
Form: 424B1
Chunk 72
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 certain stranded costs associated with the restructuring of
the electric utility industry in California. In addition, SCE currently serves as servicer in respect of each series of the Prior Recovery Bonds, with respect to which the servicing obligations imposed on SCE are identical to those imposed with
respect to the bonds.

Where to Find Information About SCE

SCE files periodic reports with the SEC as required by the Exchange Act. SCE makes available at www.edisoninvestor.com: Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, Proxy Statements and amendments to those reports
filed or furnished pursuant to Section 13(a) or 15(d) of the Securities Exchange Act, as soon as reasonably practicable after SCE electronically files such material with, or furnishes it to, the SEC. Such reports are also available on the
SEC’s website at http://www.sec.gov. No information contained on that website (other than the materials specifically incorporated by reference herein) constitutes part of this prospectus related to the bonds.

SCE RECOVERY FUNDING LLC, THE ISSUING ENTITY

We are a special purpose limited liability company formed under the Delaware Limited Liability Company Act pursuant to a limited liability
company agreement executed by our sole member, SCE, and the filing of a certificate of formation with the Secretary of the State of Delaware. We were formed on September 10, 2020.

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 bonds, secured by recovery property and other collateral pledged to secure such recovery bonds.

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On February 24, 2021, we issued the Series 2021-ABonds, which was our first issuance of recovery bonds. On February 15, 2022, we issued the Series 2022-ABonds, which was our second issuance of recovery bonds. On April 27, 2023, we issued the Series 2023-ABonds, which was our third issuance of recovery bonds. Each series of the Prior Recovery Bonds were issued pursuant to a separate financing order, and are each secured by separate recovery property and by a separate indenture and separate bond collateral, including a separate capital contribution, than the bonds. The Series 2021-ABondholders, the Series 2022-ABondholders and the Series 2023-ABondholders have no recourse to the recovery property securing the bonds and have no claim against