Company: SCE-PL
Filing Date: 2025-11-17
Form Type: 424B3
Source: 0001193125-25-283973
Chunk: 187

Company: SOUTHERN CALIFORNIA EDISON Co
Filing Date: 2025-11-17
Form: 424B3
Chunk 187
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 entity and the trustee, providing for the issuance of bonds, as
the same may be amended and supplemented from time to time.

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Independent manager means each person appointed as an “independent
manager” of the issuing entity pursuant to the limited liability company agreement.

Independent manager fee means the fee
payable to the independent manager(s) pursuant to the limited liability company agreement.

Internal Revenue Codemeans the
Internal Revenue Code of 1986, as amended.

Issuing entity means SCE Recovery Funding LLC.

kW means kilowatt.

kWh means kilowatt-hour.

Limited liability company agreement means the Amended and Restated Limited Liability Company Agreement of SCE Recovery Funding LLC,
dated as of January 14, 2021.

LPC means any late payment charge that is or is permitted to be charged to customers by SCE.

Marginal Cost and Revenue Allocation Settlement Agreement means the settlement agreement of the same name adopted by the
California commission in D. 22-08-001.

Moody’s means Moody’s Investors Service, Inc. or any successor in interest.

Municipal DLhas the meaning specified under “Risk Factors—Risks Associated with Potential Judicial, Legislative or Regulatory Decisions—A municipal entity or tribal utility might assert the right to acquire portions of SCE’s electric facilities and/or serve the load of customers within their jurisdictional areas and avoid or reduce the affected customers’ payment of the fixed recovery charges” in this prospectus.

MWh means megawatt-hour.

NEM has meaning specified under “Risk Factors—Risks Associated with Potential Judicial, Legislative or Regulatory Decisions—It may be difficult to estimate and accurately collect fixed recovery charges from customers who self-generate and who disconnect from SCE’s grid” in this prospectus.

Nonbypassable means that the right to collect these fixed recovery charges from all existing and future electricity customers within
SCE service territory as it existed as of the date of the financing order (August 29, 2025), subject only to exceptions specified in the Wildfire Financing Law and the financing order.

Non-routine true-upadjustment has the meaning
specified under “SCE’s Financing Order— Fixed Recovery Charges—The Financing Order Requires the Servicer to Periodically “True-Up”the Fixed Recovery Charge” in
this prospectus.

Non-U.S.Holder has the meaning specified under “Material U.S. Federal Income Tax Consequences—General—U.S. Holder and Non-U.S.Holder Defined” in this prospectus.