Edison International 2025 Business Update

Edison International (EIX) and its subsidiary Southern California Edison Company (SCE) provided a business update on October 28, 2025. The update highlighted SCE's ongoing efforts in wildfire mitigation, grid modernization, and advancing California's clean energy goals. SCE has completed 91% of its planned distribution line hardening in high fire risk areas, with significant investments in covered conductor and undergrounding. The company also emphasized its role in transportation electrification, with over $850 million in approved funding for EV charging programs. SCE's capital expenditure plan for 2025-2028 is estimated at $28-$29 billion, focusing on reliability, resilience, and readiness to meet customer needs. The update also discussed the financial impact of recent regulatory decisions, including the approval of a settlement for the Woolsey wildfire, which would authorize 35% cost recovery. SCE's system average rate is expected to grow at an inflation-level CAGR of 2-3% from 2025-2028.