Company: SCE-PL
Filing Date: 2025-09-08
Form Type: SF-1
Source: 0001193125-25-198426
Chunk: 21

Company: SOUTHERN CALIFORNIA EDISON Co
Filing Date: 2025-09-08
Form: SF-1
Chunk 21
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collections and write-offs. The fixed recovery charges are calculated by the servicer according to the methodology approved in the financing order, which includes the allocation of cost responsibility among FRC consumer classes based upon the allocation methodology. If the servicer inaccurately forecasts either electricity consumption or underestimates customer delinquency or write-offs when setting or adjusting the fixed recovery charge, there could be a shortfall or material delay in fixed recovery charge collections, which might result in missed or delayed payments of principal and interest and lengthened weighted average life of the bonds. Please read “ SCE’s Financing Order—Fixed Recovery Charges—The Financing Order Establishes the Methodology used to Calculate the Fixed Recovery Charges” and “ The Servicing Agreement—The True-UpAdjustment Letters” in this prospectus. Inaccurate forecasting of electricity consumption by the servicer might result from, among other things:

| • |     | unanticipated weather or economic conditions, resulting in less electricity consumption than forecast; |

| • |     | general economic conditions, causing customers to migrate from SCE’s service territory or reduce their 
 electricity consumption;                                                                               |

| • |     | the occurrence of a natural disaster, such as wildfires or earthquakes or an act of war or terrorism, or other            
 catastrophic event, including pandemics, unexpectedly disrupting electrical service and reducing electricity consumption; |

| • |     | unanticipated changes in the market structure of the electric industry; |

| • |     | large customers unexpectedly ceasing business or departing SCE’s service territory; |

| • |     | dramatic and unexpected changes in energy prices resulting in decreased electricity consumption; |

| • |     | customers consuming less electricity than anticipated because of increased energy prices, unanticipated increases 
 in conservation efforts or unanticipated increases in electric consumption efficiency;                            |

| • |     | implementation of new billing systems and other customer-facing technology; |

| • |     | differences or changes in forecasting methodology; or |

| • |     | rolling blackouts instituted by CAISO by the lack of installed capacity and high demand or instituted for public 
 safety.                                                                                                          |

Inaccurate forecasting of delinquencies or write-offs by the servicer could result from, among other things:

| • |     | unexpected deterioration of the economy, the occurrence of a natural disaster, an act of war or terrorism or                                                                         
 other catastrophic events, including pandemics, causing greater write-offs than expected or forcing SCE or a successor utility to grant additional payment relief to more customers; |

| • |     |