Company: SCE-PL
Filing Date: 2025-01-07
Form Type: 424B5
Source: 0001193125-25-002794
Chunk: 3

Company: SOUTHERN CALIFORNIA EDISON Co
Filing Date: 2025-01-07
Form: 424B5
Chunk 3
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 regulatory approval of operations and maintenance expenses, and proposed capital investment projects; |

| • |     | our ability to implement our operational and strategic plans, including our Wildfire Mitigation Plan and capital 
 investment program;                                                                                              |

| • |     | risks of regulatory or legislative restrictions that would limit our ability to implement operational measures to                                                                                                            
 mitigate wildfire risk, including our Public Safety Power Shutoff Program (“PSPS”) and fast curve settings, when conditions warrant or would otherwise limit our operational practices relative to wildfire risk mitigation; |

| • |     | our ability to obtain safety certifications from the Office of Energy Infrastructure Safety; |

| • |     | risk that California Assembly Bill 1054 (“AB 1054”) does not effectively mitigate the significant                                                                                                                                                         
 exposure faced by California investor-owned utilities related to liability for damages arising from catastrophic wildfires where utility facilities are alleged to be a substantial cause, including the longevity of the Wildfire Insurance Fund and the 
 California Public Utilities Commission’s (“CPUC”) interpretation of and actions under AB 1054, including its interpretation of the prudency standard clarified by AB 1054;                                                                                |

| • |     | risks associated with the operation of electrical facilities, including worker and public safety issues, the risk                                                            
 of utility assets causing or contributing to wildfires, failure, availability, efficiency, and output of equipment and facilities, and availability and cost of spare parts; |

| • |     | physical security of our critical assets and personnel and the cybersecurity of our critical information 
 technology systems for grid control, and business, employee and customer data;                           |

| • |     | our ability to effectively attract, manage, develop and retain a skilled workforce, including contract workers; |

| • |     | decisions and other actions by the CPUC, the Federal Energy Regulatory Commission, the Nuclear Regulatory                                                                                                                                     
 Commission and other governmental authorities, including decisions and actions related to nationwide or statewide crisis, determinations of authorized rates of return on return on equity, the recoverability of wildfire-related and debris 
 flow-related costs, issuance of our wildfire safety certification, wildfire mitigation efforts, approval and implementation of electrification programs, and delays in executive, regulatory and legislative actions;                         |

| • |     | potential for penalties or disallowances for non-compliance with                                                                                                  
 applicable laws and regulations, including fines, penalties and disallowances related to wildfires where our equipment is alleged to be associated with ignition; |

S-2

| • |     | extreme weather-related incidents (including events caused