Company: SCE-PL
Filing Date: 2025-09-08
Form Type: SF-1
Source: 0001193125-25-198426
Chunk: 71

Company: SOUTHERN CALIFORNIA EDISON Co
Filing Date: 2025-09-08
Form: SF-1
Chunk 71
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-owned utilities, such as SCE, from collecting deposits from residential customers for the establishment and reestablishment of service. Therefore, SCE has and will not secure any new residential customer accounts, or those reconnected after June 11, 2020 after a service disconnection for non-payment. Non-residentialcustomers may establish credit by depositing cash equal to twice the highest monthly electric charge or furnishing a satisfactory guarantor, or other credit support such as a surety bond, a certificate of deposit or an irrevocable letter of credit. SCE may change its credit and collections policies from time to time. Disconnection Order In 2020, a California commission decision became effective, which, among other things, limits the ability of investor-owned utilities to undertake residential disconnections ( Disconnection Order). The Disconnection Order sets up an annual cap (currently 4.0% (based on a rolling 12-monthtimeline)) on the numbers of residential disconnections, revised extreme weather policies, permanently eliminated deposit requirements and fees, required additional time for customers to enroll in programs and services prior to disconnection, the implementation of an Arrearage Management Program and offering 24-monthpayment plans for residential consumers. Since 2020, SCE has had increases in active accounts receivables and arrearage levels. At the end of COVID protections, SCE restarted disconnections in November 2022 causing active accounts receivables to decline. In June 2025, SCE reached its 4% annual cap and while the downward trend in active accounts receivables is forecast to continue for the remainder of 2025, additional California commission regulation in the Disconnection Order Phase 2 decision may cause such levels to increase in 2026 and going forward. Increases in active account receivables and arrearages levels may also lead to increased uncollectible accounts that would then be recovered in customer rates. SCE is continuously monitoring these trends and advocating regulations that may alleviate these impacts. Loss Experience The following table sets forth information relating to SCE’s annual net write-offs as a percentage of billed revenue for its retail customers for the five years ending December 31, 2020 through 2024:

| Net Write-Offs as a                                  
 Percentage of Billed Revenues (dollars in thousands) |     |   |       2020 |   |     |   |       2021 |   |     |   |       2022 |   |     |   |       2023 |   |     |   |