Aiden Kelly

Aiden Kelly inquired about the breakdown of Edison International's near-term annual 1%-3% sales growth, specifically detailing the contributions from electrification, residential growth, and commercial and industrial (C&I) customers.

Answer

Steven Powell (President and CEO, Southern California Edison) explained that electrification, primarily driven by strong zero-emission vehicle purchases, accounts for about one-third of the load growth. He added that residential new home starts and development are another key contributor, alongside broad commercial and industrial growth spanning defense, manufacturing, logistics, and moderate data center requests, highlighting a balanced and diverse load profile.

Aiden Kelly asked for more details on the near-term annual 1-3% sales growth, specifically the breakdown between electrification, residential growth, and commercial and industrial (C&I) customers.

Answer

Steven Powell (President and CEO, Southern California Edison) explained that electrification, primarily from strong zero-emission vehicle purchases, drives about a third of the load growth. Residential new home starts and diverse commercial/industrial growth (defense, manufacturing, logistics, moderate data centers) contribute to a balanced load profile over the next five years. Pedro Pizarro (President and CEO, Edison International) added that this diverse profile provides durability.