Company: SCE-PL
Filing Date: 2025-11-24
Form Type: 424B1
Source: 0001193125-25-293755
Chunk: 123

Company: SOUTHERN CALIFORNIA EDISON Co
Filing Date: 2025-11-24
Form: 424B1
Chunk 123
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 a true sale of the recovery property with respect to such 
 series, subject to the customary exceptions, qualifications and assumptions contained therein;                                                                                                                                                        |

| • |     | transaction documentation for the other series provides that the trustee with respect to such series of                                                
 additional recovery bonds on behalf of holders of the additional recovery bonds will not file or join in filing of any bankruptcy petition against us; |

| • |     | if holders of such additional recovery bonds are deemed to have any interest in any of the collateral dedicated                                                                                                                                    
 to the bonds, holders of such additional recovery bonds must agree that their interest in the collateral dedicated to the bonds is subordinate to claims or rights of holders of the bonds in accordance with the related intercreditor agreement; |

| • |     | each series of additional recovery bonds issued under any separate indenture will have a separate collection 
 account;                                                                                                     |

| • |     | no series of additional recovery bonds will be issued under the indenture governing the bonds offered hereby; and |

| • |     | each series will bear its own trustee fees, servicer fees and administration fees. |

The issuance of any additional recovery bonds, whether issued by us or any affiliated entity, is subject to satisfaction of the rating agency condition. In addition, SCE has covenanted under the sale agreement that the - 95 -

execution of an intercreditor agreement is a condition precedent to the sale of property by SCE consisting of nonbypassable charges payable by customers comparable to the recovery property sold
by SCE pursuant to the sale agreement. Please read “Security for the Bonds—Intercreditor Agreement” and “The Sale Agreement—Covenants of the Seller” in this prospectus.

Each series of recovery bonds that may be issued, whether issued by us or any affiliated entity, will be backed by separate recovery property
we or an affiliated entity acquire for the separate purpose of repaying that series of additional recovery bonds. Each series of additional recovery bonds that may be issued will have the benefit of a true-up
mechanism.

Any series of additional recovery bonds may include terms and provisions that would be unique to that particular series of
recovery bonds.

Allocations as Between Series of Recovery Bonds

The bonds are not and will not be subordinated in right of payment to the Prior Recovery Bonds and any series of additional recovery bonds.
Each series of Prior Recovery Bonds are, the bonds and any series of additional recovery bonds will be, secured by its own separate recovery property, each of which will include the right to impose,