Company: SCE-PL
Filing Date: 2025-09-08
Form Type: SF-1
Source: 0001193125-25-198426
Chunk: 125

Company: SOUTHERN CALIFORNIA EDISON Co
Filing Date: 2025-09-08
Form: SF-1
Chunk 125
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 by us or another issuing entity, will have its own recovery property or other type of property, respectively, reflecting the right in and to a separate fixed recovery charge, fixed recovery charges relating to the bonds, fixed
recovery charges relating to the Prior Recovery Bonds, and fixed recovery charges relating to any additional recovery bonds or similar charges relating to additional other bonds will be collected through single periodic bills to each customer. The
fixed recovery charges might be combined into a single line item on those periodic bills. In the event a customer does not pay in full all amounts owed under any bill including fixed recovery charges, the servicer is required to allocate any
resulting shortfalls in fixed recovery charges ratably based on the amounts of fixed recovery charges owing in respect of the bonds, the Prior Recovery Bonds and any amount owing in respect of any additional recovery bonds and additional other
bonds. Please read “The Servicing Agreement—Remittances to Collection Account” in this prospectus.

Intercreditor Agreement

In connection with the issuance of the bonds, SCE (on behalf of itself and in its capacities as servicer of each series of the Prior Recovery
Bonds and as servicer of any additional recovery bonds and any additional other bonds) covenants to enter into an amended and restated intercreditor agreement (the intercreditor agreement) with us, the trustee for the bonds, the trustee for each
series of the Prior Recovery Bonds and the trustee for each series of additional other bonds, pursuant to which, the parties acknowledge that the servicer for the bonds, the servicer for each series of the Prior Recovery Bonds and the servicer for
each series of any additional recovery bonds and additional other bonds will allocate fixed recovery charge collections relating to each series of recovery bonds in accordance with the respective servicing agreement.

Please read “The Servicing Agreement—Remittances to Collection Account” in this prospectus.

THE SALE AGREEMENT

The following summary describes particular material terms and provisions of the sale agreement pursuant to which we will purchase recovery
property from the seller. We have filed the form of the sale agreement as an exhibit to the registration statement of which this prospectus forms a part.

Sale and Assignment of the Recovery Property

On the issuance date, pursuant to a sale agreement, the seller will sell and assign recovery property to us, without recourse, except as
provided in such sale agreement. The recovery property acquired on that date represents the irrevocable right to receive, through a fixed recovery charge, amounts sufficient to recover