Company: SCE-PL
Filing Date: 2025-03-13
Form Type: 424B5
Source: 0001193125-25-053812
Chunk: 12

Company: SOUTHERN CALIFORNIA EDISON Co
Filing Date: 2025-03-13
Form: 424B5
Chunk 12
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 issued to secure pollution control bonds). As of December 31, 2024, we had the capacity to issue approximately $17.8 billion of additional first mortgage bonds on the basis
of first mortgage bonds previously acquired, redeemed, or otherwise retired and the net amount of additional property acquired by us and not previously used for the issuance of first mortgage bonds or other purposes under the first mortgage bond
indenture. The first mortgage bond indenture’s net earnings coverage test provides that additional first mortgage bonds may not be issued unless our net earnings (as defined in the first mortgage bond indenture) for a period of twelve months
ending no more than 60 days prior to the delivery of the bonds shall have been at least two and one-half (2.5x) times our total annual first mortgage bond interest charge. Under the net earnings test, the
amount of additional first mortgage bonds we currently could issue is approximately $21.3 billion (based on net earnings as of December 31, 2024, and not taking into account the issuance of the bonds). See “Description of the First
Mortgage Bonds—Issue of Additional Bonds” in the base prospectus.

Optional Redemption

Prior to February 15, 2030 for the Series 2025C Bonds and March 15, 2055 for the Series 2025D Bonds (each a “Par Call
Date”), we may redeem the Series 2025C Bonds and/or the Series 2025D Bonds at our option, in whole or in part, at any time and from time to time, at a “make-whole” redemption price (expressed as a percentage of principal amount and
rounded to three decimal places) equal to the greater of:

(1) (a) the sum of the present values of the remaining scheduled
payments of principal and interest thereon discounted to the redemption date (assuming the bonds matured on the Par Call Date defined below) on a semi-annual basis (assuming a 360-day year consisting of twelve
30-day months) at the Treasury Rate plus 20 basis points in the case of the Series 2025C Bonds and plus 25 basis points in the case of the Series 2025D Bonds less (b) interest accrued to the date of
redemption, and

(2) 100% of the principal amount of the bonds to be redeemed,

plus, in either case, accrued and unpaid interest thereon to but excluding the redemption date.

On or after the applicable