Company: SCE-PL
Filing Date: 2025-11-17
Form Type: 424B3
Source: 0001193125-25-283973
Chunk: 127

Company: SOUTHERN CALIFORNIA EDISON Co
Filing Date: 2025-11-17
Form: 424B3
Chunk 127
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 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

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recovery costs relating to the bonds and costs of recovering, financing, or refinancing those recovery costs, including operating expenses, as authorized by the financing order. We will apply the net proceeds that we receive from the sale of the bonds to the purchase of the recovery property acquired on that date. In accordance with the Wildfire Financing Law, the transfer by SCE to us of recovery property will be deemed perfected as against third persons when the CPUC has issued the financing order authorizing the fixed recovery charges included in the recovery property and SCE executes and delivers to us a written assignment of that recovery property. Conditions to the Sale of Recovery Property Our obligation to purchase and the seller’s obligation to sell recovery property on the issuance date is subject to the satisfaction of each of the following conditions:

| • |     | on or prior to the issuance date, the seller must duly execute and deliver the sale agreement to the us; |

| • |     | on or prior to the issuance date, the seller must have received the financing order from the California 
 commission authorizing the creation of the recovery property;                                           |

| • |     | on or prior to the issuance date, the seller must have submitted the issuance advice letter with the California 
 commission and such letter must be effective;                                                                   |

| • |     | as of the issuance date, the seller may not be insolvent and may not be made insolvent by the sale of recovery 
 property to us, and the seller may not be aware of any pending insolvency with respect to itself;              |

| • |     | as of the issuance date, the representations and warranties of the seller in the sale agreement must be true and                                                                                                                                        
 correct with the same force and effect as if made on the issuance date (except to the extent they relate to an earlier date), the seller may not have breached any of its covenants or agreements in the sale agreement, and the servicer may not be in 
 default under the servicing agreement;                                                                                                                                                                                                                  |

| • |     | as of the issuance date, we must have sufficient funds available to pay the purchase price for recovery property                                                                               
 to be conveyed and all conditions to the issuance of the bonds intended to provide the funds to purchase that recovery property set forth in the indenture must have been satisfied or waived; |

| • |     | on or