# EDGAR Filing Document

**Accession Number:** 0001826571
**File Stem:** 0001193125-25-326805
**Filing Date:** 2025-12
**Character Count:** 26814
**Document Hash:** d1012a089c914f0e4bda81330f64f7ec
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-326805.hdr.sgml**: 20251219

**ACCESSION NUMBER**: 0001193125-25-326805

**CONFORMED SUBMISSION TYPE**: 10-D

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20251130

**FILED AS OF DATE**: 20251219

**DATE AS OF CHANGE**: 20251219

**ABS ASSET CLASS**: Other

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SCE Recovery Funding LLC
- **CENTRAL INDEX KEY:** 0001826571
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **ORGANIZATION NAME:** Office of Structured Finance
- **EIN:** 853002154
- **STATE OF INCORPORATION:** CA

**FILING VALUES:**
- **FORM TYPE:** 10-D
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 333-249674-01
- **FILM NUMBER:** 251587504

**BUSINESS ADDRESS:**
- **STREET 1:** 2244 WALNUT GROVE AVE
- **CITY:** ROSEMEAD
- **STATE:** CA
- **ZIP:** 91770
- **BUSINESS PHONE:** 6263022662

**MAIL ADDRESS:**
- **STREET 1:** 2244 WALNUT GROVE AVE
- **CITY:** ROSEMEAD
- **STATE:** CA
- **ZIP:** 91770

**UNITED STATES** 

**SECURITIES AND EXCHANGE COMMISSION** 

**Washington, D.C. 20549** 

**FORM 10-D** 

**ASSET-BACKED ISSUER DISTRIBUTION REPORT** 

**PURSUANT TO SECTION 13 OR 15(d)** 

**OF THE SECURITIES EXCHANGE ACT OF 1934** 

**For the semi-annual distribution period from:** 

**6/01/2025 to 11/30/2025 for the 2023-A Bonds** 

---

| | | |
|:---|:---|:---|
| **Commission<br>File Number** | **Registrant; State of Incorporation;**<br> **Address; and Telephone Number** | **IRS Employer<br>Identification No.** |
| **333-249674-01** | **SCE Recovery Funding LLC**<br>**Delaware**<br> **2244 Walnut Grove Ave, Rosemead, CA 91770**<br> **(P.O. Box 5407)**<br> **(626) 302-7255** | **85-3002154** |
| **1-2313** | **SOUTHERN CALIFORNIA EDISON COMPANY (Depositor and Sponsor)**<br>**California 2244 Walnut Grove Ave, Rosemead, CA 91770 (P.O. Box 800) (626) 302-1212** | **95-1240335** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Registered/reporting pursuant to<br>(check one)** | **Registered/reporting pursuant to<br>(check one)** | **Registered/reporting pursuant to<br>(check one)** | **Name of<br>exchange<br>(if Section 12(b))** |
| **Title of class** | **Section 12(b)** | **Section 12(g)** | **Section 15(d)** | **Name of<br>exchange<br>(if Section 12(b))** |
|  Senior Secured Recovery Bonds, Series 2023-A | ☐ | ☐ | ☒ |  |

---

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐

------

**PART 1 - DISTRIBUTION INFORMATION** 

**Item 1. Distribution and Pool Performance Information.** 

The response to Item 1 is set forth in part herein and in part in Exhibit 99.1. The record date for distributions described in Exhibit 99.1 is December 12, 2025.

Introductory and explanatory information regarding the material terms, parties, and distributions described in Exhibit 99.1 is included in the Prospectus dated April 19, 2023, of SCE Recovery Funding LLC (Issuing Entity) relating to the Senior Secured Bonds, Series 2023-A (the "Bonds") filed with the Securities and Exchange Commission pursuant to Rule 424(b)(1) of the Securities Act of 1933 on April 21, 2023.

As indicated in Exhibit 99.1, all required interest and scheduled principal payments on the Bonds have been made with respect to the December 15, 2025 distribution date.

**The following Items have been omitted pursuant to General Instruction C of Form 10-D:** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Item 1 A. Asset-Level Information.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Item 1 B. Asset Representations Reviewer and Investor Communication.

**PART II - OTHER INFORMATION** 

**Item 2. Legal Proceedings.** 

None.

**Item 3. Sale of Securities and Use of Proceeds.** 

None.

**The following Items have been omitted pursuant to General Instruction C of Form 10-D:** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Item 4. Defaults Upon Senior Securities.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Item 5. Submission of Matters to a Vote of Security Holders.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Item 6. Significant Obligors of Pool Assets.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Item 7. Change in Sponsor Interest in the Securities.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Item 8. Significant Enhancement Provider Information.

**Item 9. Other Information.** 

None.

**Item 10. Exhibits** 

(a) The Following is a list of documents filed as part of this Report on Form 10-D.

------

Exhibits filed here within are designated by an asterisk (\*). All exhibits not so designated are incorporated by reference to a prior filing, as indicated.

---

| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| 3.1 | [Certificate of Formation of SCE Recovery Funding LLC (incorporated by reference to Exhibit 3.1 included as an exhibit to the Issuing Entity's Form SF-1, filed on January 19, 2021)](http://www.sec.gov/Archives/edgar/data/92103/000119312520277021/d86177dex31.htm) |
| 3.2 | [Amended and Restated Limited Liability Company Agreement of SCE Recovery Funding LLC (incorporated by reference to Exhibit 3.2 included as an exhibit to the Issuing Entity's Form SF-1, filed on March 15, 2023)](http://www.sec.gov/Archives/edgar/data/92103/000119312523070384/d481353dex32.htm) |
| 3.3 | [First Amendment to Amended and Restated Limited Liability Company Agreement of SCE Recovery Funding LLC (incorporated by reference to Exhibit 3.3 included as an exhibit to Issuing Entity's Form SF-1/A filed on February 4, 2021).](http://www.sec.gov/Archives/edgar/data/92103/000119312521028991/d86177dex33.htm) |
| 4.1 | [Indenture between SCE Recovery Funding LLC and the Trustee (including forms of the senior secured recovery bonds), dated April 27, 2023 (incorporated by reference to Exhibit 4.1 included as an exhibit to the Issuing Entity's Form 8-K filed April 28, 2023)](http://www.sec.gov/Archives/edgar/data/92103/000119312523126033/d388784dex41.htm) |
| 10.1 | [Recovery Property Servicing Agreement between SCE Recovery Funding LLC and Southern California Edison Company, as Servicer, dated April 27, 2023 (incorporated by reference to Exhibit 10.1 included as an exhibit to the Issuing Entity's Form 8-K filed April 28, 2023)](http://www.sec.gov/Archives/edgar/data/92103/000119312523126033/d388784dex101.htm) |
| 10.2 | [Recovery Property Purchase and Sale Agreement between SCE Recovery Funding LLC and Southern California Edison Company, as Seller, dated as of April 27, 2023 (incorporated by reference to Exhibit 10.2 included as an exhibit to the Issuing Entity's Form 8-K filed April 28, 2023)](http://www.sec.gov/Archives/edgar/data/92103/000119312523126033/d388784dex102.htm) |
| 10.3 | [Administration Agreement between SCE Recovery Funding LLC and Southern California Edison Company, as Administrator, dated April 27, 2023 (incorporated by reference to Exhibit 10.3 included as an exhibit to the Issuing Entity's Form 8-K filed April 28, 2023)](http://www.sec.gov/Archives/edgar/data/92103/000119312523126033/d388784dex103.htm) |
| 10.4 | [Intercreditor Agreement between SCE Recovery Funding LLC, Southern California Edison Company, The Bank of New York Mellon Trust Company, N.A. and the Indenture Trustee, dated as of April 27, 2023 (incorporated by reference to Exhibit 10.4 included as an exhibit to the Issuing Entity's Form 8-K filed April 28, 2023)](http://www.sec.gov/Archives/edgar/data/92103/000119312523126033/d388784dex104.htm) |
| 99.1 | [Semi-Annual Servicer's Certificate related to the 2023-A Bonds, dated as of December 4, 2025\*](d78594dex991.htm) |

---

(b) The exhibits required to be filed by the Registrant pursuant to Item 601 of Regulation S-K (17 CFR 229 601) as listed above.

------

**SIGNATURES** 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

---

| | |
|:---|:---|
| Date: **December 19, 2025** | **SCE Recovery Funding LLC (Issuing Entity)** |
|  | By: SCE Recovery Funding LLC, as Servicer |
|  | /s/ Brendan Bond |
|  | Brendan Bond |
|  | Vice President & Treasurer |

---

## Exhibit 99.1

**Exhibit 99.1** 

---

| | |
|:---|:---|
| ![LOGO](g78594dsp09.jpg) | **SEMI-ANNUAL SERVICER'S CERTIFICATE**<br> **Series 2023-A Senior Secured Recovery Bond**<br> **Dated as of 12/04/2025** |

---

Pursuant to Section 4.01(c)(ii) of the Recovery Property Servicing Agreement, dated as of April 27, 2023, (the "Servicing Agreement"), between SOUTHERN CALIFORNIA EDISON COMPANY, a California corporation, as Servicer and SCE RECOVERY FUNDING LLC, as Issuer, the Servicer does hereby certify, for the Payment Date December 15, 2025 (the "Current Payment Date"), as follows:

Capitalized terms used herein have their respective meanings as set forth in the Indenture. References herein to certain sections and subsections are references to the respective sections of the Servicing Agreement or the Indenture, as the context indicates.

---

| | |
|:---|:---|
|  Current Payment Date | 12/15/2025 |
|  Prior Payment Date | 6/16/2025 |
|  Current Collection Period Start Date | 6/1/2025 |
|  Current Collection Period End Date | 11/30/2025 |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| ***1. Collections Allocable and Aggregate Amounts Available for the Current Payment Date:*** | ***1. Collections Allocable and Aggregate Amounts Available for the Current Payment Date:*** | ***1. Collections Allocable and Aggregate Amounts Available for the Current Payment Date:*** | ***1. Collections Allocable and Aggregate Amounts Available for the Current Payment Date:*** | ***1. Collections Allocable and Aggregate Amounts Available for the Current Payment Date:*** | ***1. Collections Allocable and Aggregate Amounts Available for the Current Payment Date:*** | **** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *<u>Fixed Recovery Charge Remittances</u>* |  | **Month** | **Year** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Fixed Recovery Charges Remitted for June Collection Period | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Fixed Recovery Charges Remitted for June Collection Period | 6 | 2025 |  | $4253167.80 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Fixed Recovery Charges Remitted for July Collection Period | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Fixed Recovery Charges Remitted for July Collection Period | 7 | 2025 |  | $4850235.28 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Fixed Recovery Charges Remitted for August Collection Period | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Fixed Recovery Charges Remitted for August Collection Period | 8 | 2025 |  | $5006899.82 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Fixed Recovery Charges Remitted for September Collection Period | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Fixed Recovery Charges Remitted for September Collection Period | 9 | 2025 |  | $5305259.15 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. Fixed Recovery Charges Remitted for October Collection Period | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. Fixed Recovery Charges Remitted for October Collection Period | 10 | 2025 |  | $6029978.39 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Fixed Recovery Charges Remitted for November Collection Period | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Fixed Recovery Charges Remitted for November Collection Period | 11 | 2025 |  | $4112495.32 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Total Fixed Recovery Charge Remittances | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Total Fixed Recovery Charge Remittances |  |  |  | $29558035.76 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Investment Earnings on General Subaccount | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Investment Earnings on General Subaccount |  |  |  | $329119.21 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. General Subaccount Balance (sum i through ii above) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. General Subaccount Balance (sum i through ii above) |  |  |  | $29887154.97 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Capital Subaccount Balance as of Prior Payment Date | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Capital Subaccount Balance as of Prior Payment Date |  |  |  | $3877095.00 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Investment Earnings on Capital Subaccount | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Investment Earnings on Capital Subaccount |  |  |  | $— |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. Capital Subaccount Balance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. Capital Subaccount Balance |  |  |  | $3877095.00 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vii. Excess Funds Subaccount Balance as of Prior Payment Date | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vii. Excess Funds Subaccount Balance as of Prior Payment Date |  |  |  | $1440630.25 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;viii. Investment Earnings on Excess Funds Subaccount | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;viii. Investment Earnings on Excess Funds Subaccount |  |  |  | $37234.99 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ix. Excess Funds Subaccount Balance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ix. Excess Funds Subaccount Balance |  |  |  | $1477865.24 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;x. Collection Account Balance (sum iii, vi and ix above) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;x. Collection Account Balance (sum iii, vi and ix above) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;x. Collection Account Balance (sum iii, vi and ix above) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;x. Collection Account Balance (sum iii, vi and ix above) |  | $35242115.21 |  |
| ***2. Outstanding Amounts as of Prior Payment Date:*** | ***2. Outstanding Amounts as of Prior Payment Date:*** | ***2. Outstanding Amounts as of Prior Payment Date:*** | ***2. Outstanding Amounts as of Prior Payment Date:*** | **** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Tranche A-1 Outstanding Principal Amount |  |  |  |  | $383013578.00 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Tranche A-2 Outstanding Principal Amount |  |  |  |  | $350419000.00 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Aggregate Outstanding Principal Amount of All Tranches of Recovery Bonds: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Aggregate Outstanding Principal Amount of All Tranches of Recovery Bonds: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Aggregate Outstanding Principal Amount of All Tranches of Recovery Bonds: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Aggregate Outstanding Principal Amount of All Tranches of Recovery Bonds: |  | $733432578.00 |  |
| ***3. Required Funding/Payments as of Current Payment Date (sum 3.iv, 3.viii, 3.ix, 4.i through 4.v):*** | ***3. Required Funding/Payments as of Current Payment Date (sum 3.iv, 3.viii, 3.ix, 4.i through 4.v):*** | ***3. Required Funding/Payments as of Current Payment Date (sum 3.iv, 3.viii, 3.ix, 4.i through 4.v):*** | ***3. Required Funding/Payments as of Current Payment Date (sum 3.iv, 3.viii, 3.ix, 4.i through 4.v):*** | **** | $***27548532.15*** | **** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Principal Payment by Tranche** |  |  |  |  | **Principal Due** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Tranche A-1 |  |  |  |  | $9280805.00 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Tranche A-2 |  |  |  |  | $— |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. For All Tranches of Recovery Bonds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. For All Tranches of Recovery Bonds |  |  |  | $9280805.00 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Interest Payment by Tranche** |  | **Interest Rate** | **Days in Interest<br>Period** |  | **Interest Due** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Tranche A-1 |  | 4.697% | 180 |  | $8995073.88 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. Tranche A-2 |  | 5.112% | 180 |  | $8956709.64 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;viii. For All Tranches of Recovery Bonds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;viii. For All Tranches of Recovery Bonds |  |  |  | $17951783.52 |  |
|  | **Required Level** |  |  |  | **Funding Required** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ix. Capital Subaccount | $3877095.00 | 0.50% |  |  | $— |  |
| ***4. Allocation of Remittances as of Current Payment Date Pursuant to 8.02(e) of Indenture*** | ***4. Allocation of Remittances as of Current Payment Date Pursuant to 8.02(e) of Indenture*** | ***4. Allocation of Remittances as of Current Payment Date Pursuant to 8.02(e) of Indenture*** | ***4. Allocation of Remittances as of Current Payment Date Pursuant to 8.02(e) of Indenture*** | **** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Indenture Trustee Fees and Expenses; Indemnity Amounts (subject to $200,000 cap per annum) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Indenture Trustee Fees and Expenses; Indemnity Amounts (subject to $200,000 cap per annum) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Indenture Trustee Fees and Expenses; Indemnity Amounts (subject to $200,000 cap per annum) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Indenture Trustee Fees and Expenses; Indemnity Amounts (subject to $200,000 cap per annum) |  | $— |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Servicing Fee |  |  |  |  | $193854.75 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Administration Fee and Costs & Expenses from Unaffiliated Parties | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Administration Fee and Costs & Expenses from Unaffiliated Parties | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Administration Fee and Costs & Expenses from Unaffiliated Parties | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Administration Fee and Costs & Expenses from Unaffiliated Parties |  | $25000.00 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Other Ongoing Costs |  |  |  |  | $840.00 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Return on SCE Capital Contribution |  |  |  |  | $96248.88 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. Semi-Annual Interest (including any past-due interest from prior periods) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. Semi-Annual Interest (including any past-due interest from prior periods) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. Semi-Annual Interest (including any past-due interest from prior periods) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. Semi-Annual Interest (including any past-due interest from prior periods) |  | $17951783.52 |  |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Interest by Tranche<sup>1</sup>**  | **Per $1000 of Original Principal Amount** |  | **Aggregate** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Tranche A-1 Interest Payment | $21.16 |  | $8995073.88 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Tranche A-2 Interest Payment | $25.56 |  | $8956709.64 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <sup>1</sup> On 30/360 day basis for initial payment date; otherwise use one-half of annual rate. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <sup>1</sup> On 30/360 day basis for initial payment date; otherwise use one-half of annual rate. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vii. Principal Due and Payable as a Result of an Event of Default or on Final Maturity Date | $945.85 |  | $733432578.00 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Principal by Tranche** | **Per $1000 of Original Principal Amount** |  | **Aggregate** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Tranche A-1 Principal Payment | $21.84 |  | $9280805.00 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Tranche A-2 Principal Payment | $— |  | $— |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;viii. Semi-Annual Principal | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;viii. Semi-Annual Principal |  | $9280805.00 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ix. Deposit to Excess Funds Subaccount (1.x minus [sum (3., 1.vi and 1.ix)]) |  |  | $2338622.82 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;x. Released to Issuer Upon Retirement of All Notes (sum [1.ix and 4.ix] minus 5.i) |  |  | $3816488.06 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;xi. Aggregate Remittances as of Current Payment Date (1.i) |  |  | $29558035.76 |  |
| ***5. Subaccount Withdrawals as of Current Payment (if applicable, pursuant to Section 8.02(e) of Indenture:*** | ***5. Subaccount Withdrawals as of Current Payment (if applicable, pursuant to Section 8.02(e) of Indenture:*** | ***5. Subaccount Withdrawals as of Current Payment (if applicable, pursuant to Section 8.02(e) of Indenture:*** | ***5. Subaccount Withdrawals as of Current Payment (if applicable, pursuant to Section 8.02(e) of Indenture:*** | **** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Excess Funds Subaccount (If required, 3. minus 1.iii) |  |  | $— |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Capital Subaccount (If required, 3. minus [sum (3., 1.iii. and 1.ix)]) |  |  | $— |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Total Withdrawals | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Total Withdrawals |  | $— |  |
| ***6. Outstanding Amount and Collection Account Balance as of Current Payment Date (after giving effect to payments to be made on such Payment Date):*** | ***6. Outstanding Amount and Collection Account Balance as of Current Payment Date (after giving effect to payments to be made on such Payment Date):*** | ***6. Outstanding Amount and Collection Account Balance as of Current Payment Date (after giving effect to payments to be made on such Payment Date):*** | ***6. Outstanding Amount and Collection Account Balance as of Current Payment Date (after giving effect to payments to be made on such Payment Date):*** | **** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Tranche A-1 |  |  | $373732773.00 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Tranche A-2 |  |  | $350419000.00 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Tranche A-3 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Aggregate Outstanding Principal Amount of All Tranches of Recovery Bonds: |  |  | $724151773.00 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Excess Funds Subaccount Balance including Investment Earnings (sum 1.ix and 4.ix minus 5.i) |  |  | $3816488.06 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. Capital Subaccount Balance (3.ix minus 5.ii) |  |  | $3877095.00 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vii. Aggregate Collection Account Balance (sum 6.v and 6.vi) |  |  | $7693583.06 |  |
| ***7. Shortfalls in Interest and Principal Payments as of Current Payment Date*** | ***7. Shortfalls in Interest and Principal Payments as of Current Payment Date*** | ***7. Shortfalls in Interest and Principal Payments as of Current Payment Date*** | ***7. Shortfalls in Interest and Principal Payments as of Current Payment Date*** | **** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ***Interest Payment Shortfalls by Tranche (if any)*** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Tranche A-1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Tranche A-1 |  | $— |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Tranche A-2 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Tranche A-2 |  | $— |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Tranche A-3 |  |  | $— |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ***Principal Payment Shortfalls by Tranche (if any)*** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Tranche A-1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Tranche A-1 |  | $— |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Tranche A-2 |  |  | $— |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. Tranche A-3 |  |  | $— |  |
| ***8. Shortfalls in Required Subaccount Levels as of Current Payment Date*** | ***8. Shortfalls in Required Subaccount Levels as of Current Payment Date*** | **** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Capital Subaccount |  |  | $— |  |

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**IN WITNESS WHEREOF,** the undersigned has duly executed and delivered this Semi-Annual Servicer's Certificate as of the date first above written.

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| | |
|:---|:---|
| **<u>SERVICER</u>:** | **<u>SERVICER</u>:** |
| **SOUTHERN CALIFORNIA EDISON COMPANY,** <br> a California corporation | **SOUTHERN CALIFORNIA EDISON COMPANY,** <br> a California corporation |
| By: | /s/ Sergio Deana |
|  | Name: Sergio Deana |
|  | Title: Treasury Director |

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