- On **September 19, 2025**, Southern California Edison (SCE) filed a motion for approval of a **Woolsey Settlement Agreement** with the California Public Utilities Commission (CPUC) to recover costs related to the 2018 Woolsey Fire.  **[92103_0000827052-25-000086_eix-20250919x8k.htm:3]** 
- If approved, SCE will be authorized to recover **35%**, or approximately **$2.0 billion**, of approximately **$5.6 billion** in losses, and **85%**, or approximately **$71 million**, of approximately **$84 million** in restoration costs.  **[92103_0000827052-25-000086_eix-20250919x8k.htm:3]** **[92103_0000827052-25-000086_eix-20250919xex99d1.htm:4]** 
- The settlement is expected to improve **credit metrics** (~90bps FFO-to-Debt benefit) and provide an **annualized interest expense benefit of ~18\u00a2/share**.  **[92103_0000827052-25-000086_eix-20250919xex99d1.htm:4]**  A **one-time Core EPS benefit of ~44\u00a2** is anticipated upon the CPUC's final decision.  **[827052_0000827052-25-000086_eix-20250919xex99d1.htm:5]** 
- SCE plans to finance the authorized amounts through the issuance of **securitized bonds**, with proceeds anticipated by the **end of 2026** if approved.  **[92103_0000827052-25-000086_eix-20250919x8k.htm:3]** **[827052_0000827052-25-000086_eix-20250919xex99d1.htm:5]**

SOUTHERN CALIFORNIA EDISON (SCE-PG)