Company: SCE-PL
Filing Date: 2025-03-13
Form Type: 424B5
Source: 0001193125-25-053812
Chunk: 8

Company: SOUTHERN CALIFORNIA EDISON Co
Filing Date: 2025-03-13
Form: 424B5
Chunk 8
---
 of the property that is subject to the lien of the first mortgage bond indenture for the benefit of the bonds may be released at any
time with the consent of holders of 80% in amount of all first mortgage bonds issued and outstanding under the first mortgage bond indenture (excluding any bonds owned or controlled by us). A class vote or consent of the holders of the bonds would
not be required.

You may have only limited ability to control remedies with respect to the collateral.

Upon the occurrence of an event of default under the first mortgage bond indenture, the trustees have the right to exercise remedies against
the collateral securing the bonds. The trustees shall take any action if requested to do so by the holders of a majority in interest of the first mortgage bonds then outstanding under the first mortgage bond indenture and if indemnified to the
trustees’ reasonable satisfaction. Thus, you may not be able to exercise any control over the trustees’ exercise of remedies unless you can obtain the consent of holders of a majority of the total amount of first mortgage bonds
outstanding.

The collateral might not be valuable enough to satisfy all the obligations secured by the collateral.

Our obligations under the bonds are secured by the pledge of substantially all of our property and franchises. This pledge is also for the
benefit of all holders of other series of our first mortgage bonds. The value of the pledged assets in the event of a liquidation will depend upon market and economic conditions, the availability of buyers, and similar factors. No independent
appraisals of any of the pledged property have been prepared by us or on our behalf in connection with this offering. Although our first mortgage bond indenture only allows us to issue first mortgage bonds with an aggregate principal amount at any
time outstanding in an amount no greater than 66 2/3% of the aggregate value of our bondable assets, because no appraisals have been performed in connection with this offering, we cannot assure you that the proceeds of any sale of the pledged assets
following an acceleration of maturity of the bonds would be sufficient to satisfy amounts due on the bonds and the other debt secured by the pledged assets.

S-7

To the extent the proceeds of any sale of the pledged assets were not sufficient to repay
all amounts due on your bonds, you would have only an unsecured claim against our remaining assets with respect to our obligation to pay interest on and repay the principal amount of the bonds. For additional information regarding repayment
risk, see “Risk Factors—Risks Relating