Edison International Subsidiary Files 8-K
Ticker: SCE-PM · Form: 8-K · Filed: Oct 8, 2024 · CIK: 92103
| Field | Detail |
|---|---|
| Company | Southern California Edison Co (SCE-PM) |
| Form Type | 8-K |
| Filed Date | Oct 8, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $5.4 billion, $4.4 billion, $1.0 billion, $84 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: other-events, regulatory-filing
Related Tickers: EIX
TL;DR
SCE filed an 8-K, something happened, details TBD.
AI Summary
Southern California Edison Company, a subsidiary of Edison International, filed an 8-K on October 8, 2024, to report other events. The filing does not contain specific details about the nature of these events, dollar amounts, or definitive dates beyond the filing date itself.
Why It Matters
This filing indicates a material event has occurred for Southern California Edison, requiring disclosure to investors, though the specifics are not yet detailed.
Risk Assessment
Risk Level: medium — The filing is an 8-K for 'Other Events,' which can range from minor administrative changes to significant operational or financial developments, creating uncertainty.
Key Players & Entities
- SOUTHERN CALIFORNIA EDISON Co (company) — Filer
- EDISON INTERNATIONAL (company) — Parent Company
FAQ
What specific 'Other Events' are being reported by Southern California Edison Company?
The provided filing excerpt does not specify the nature of the 'Other Events' beyond the general category.
When did the events requiring this 8-K filing occur?
The filing is dated October 8, 2024, and the 'Date as of Change' is also October 8, 2024, suggesting the events are recent or the reporting is timely.
What is the SEC file number for this filing?
The SEC file number for Southern California Edison Co. is 001-02313, and for Edison International, it is 001-09936.
What is the primary business of Southern California Edison Company?
Southern California Edison Company operates in Electric Services, with SIC code 4911.
Where is Southern California Edison Company headquartered?
Southern California Edison Company is headquartered in Rosemead, California.
Filing Stats: 548 words · 2 min read · ~2 pages · Grade level 13.7 · Accepted 2024-10-08 16:33:09
Key Financial Figures
- $5.4 billion — ies Commission to seek rate recovery of $5.4 billion of prudently incurred losses related to
- $4.4 billion — olsey Fire, consisting of approximately $4.4 billion of uninsured claims paid as of August 3
- $1.0 billion — d claims paid as of August 31, 2024 and $1.0 billion of associated costs, comprised of legal
- $84 million — also seeking recovery of approximately $84 million in restoration costs in the proceeding.
Filing Documents
- eix-20241008x8k.htm (8-K) — 65KB
- eix-20241008x8k003.jpg (GRAPHIC) — 5KB
- eix-20241008x8k004.jpg (GRAPHIC) — 6KB
- 0000827052-24-000065.txt ( ) — 254KB
- eix-20241008.xsd (EX-101.SCH) — 4KB
- eix-20241008_def.xml (EX-101.DEF) — 13KB
- eix-20241008_lab.xml (EX-101.LAB) — 19KB
- eix-20241008_pre.xml (EX-101.PRE) — 13KB
- eix-20241008x8k_htm.xml (XML) — 10KB
01 Other Events
Item 8.01 Other Events On October 8, 2024, Southern California Edison Company ("SCE") filed an application with the California Public Utilities Commission to seek rate recovery of $5.4 billion of prudently incurred losses related to the Woolsey Fire, consisting of approximately $4.4 billion of uninsured claims paid as of August 31, 2024 and $1.0 billion of associated costs, comprised of legal and financing costs incurred as of August 31, 2024 and estimated ongoing financing costs. SCE is also seeking recovery of approximately $84 million in restoration costs in the proceeding. In its filing, SCE requested that the CPUC issue a proposed decision on its application in February 2026. Defined terms have the meanings ascribed to them in Edison International's and SCE's combined Annual Report on Form 10-K.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrants have duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. EDISON INTERNATIONAL (Registrant) /s/ Kara G. Ryan Kara G. Ryan Vice President, Chief Accounting Officer and Controller Date: October 8, 2024 SOUTHERN CALIFORNIA EDISON COMPANY (Registrant) /s/ Kara G. Ryan Kara G. Ryan Vice President, Chief Accounting Officer and Controller Date: October 8, 2024