Company: SCE-PL
Filing Date: 2025-11-17
Form Type: 424B3
Source: 0001193125-25-283973
Chunk: 47

Company: SOUTHERN CALIFORNIA EDISON Co
Filing Date: 2025-11-17
Form: 424B3
Chunk 47
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 adjusting                                                                                          
 fixed recovery charge levels to meet the scheduled payments on the bonds and in this context took into account its experience with the California commission; and |

| • |     | with the assistance of its advisors, prepared financial models in order to set the initial fixed recovery charges                                                                                     
 to be provided for under the recovery property at levels sufficient to pay principal of and interest on the bonds when due and other required amounts and charges owing in connection with the bonds. |

In connection with the preparation of such models, SCE:

| • |     | reviewed (i) the historical electric consumption and customer growth within its service territory and 
 (ii) forecasts of expected energy sales and customer growth; and                                      |

| • |     | analyzed the sensitivity of the weighted average lives of the bonds in relation to variances in actual energy                                                                                             
 consumption levels and related charge collections from forecasted levels and in relation to the true-up adjustment in order to assess the probability that the weighted average lives of the bonds may be 
 extended as a result of such variances, and in the context of the operation of the true-up adjustment for adjustment of fixed recovery charges to address undercollections or overcollections in light of 
 scheduled payments on the bonds to prevent an event of default.                                                                                                                                           |

As a result of this review, SCE has concluded that:

| • |     | the recovery property, the financing order and the agreements to be entered into in connection with the issuance 
 of the bonds meet in all material respects the applicable statutory and regulatory requirements;                 |

| • |     | the disclosure in this prospectus regarding the Wildfire Financing Law, the financing order and the agreements to                                             
 be entered into in connection with the issuance of the bonds is as of its date, accurate in all material respects and fails to omit any material information; |

| • |     | the servicer has adequate processes and procedures in place to perform its obligations under the servicing 
 agreement;                                                                                                 |

| • |     | fixed recovery charge revenues, as adjusted from time to time as provided in the Wildfire Financing Law and the            
 financing order, are expected to be sufficient to pay on a timely basis scheduled principal and interest on the bonds; and |

| • |     | the design and scope of SCE’s review of the recovery property as described above is effective to provide                          
 reasonable assurance that the disclosure regarding the recovery property in this prospectus is accurate in all material respects. |

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THE RECOVERY PROPERTY AND THE WILDFIRE FINANCING LAW

The