The company said Southern California Edison Company (SCE) on October 8, 2024 filed an application with the California Public Utilities Commission to seek rate recovery of $5.4 billion in prudently incurred losses related to the Woolsey Fire.

8-KOther EventsFiled Oct 8, 2024Period of report Oct 8, 2024Summary published (UTC) Oct 25, 2026

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The company said Southern California Edison Company (SCE) on October 8, 2024 filed an application with the California Public Utilities Commission to seek rate recovery of $5.4 billion in prudently incurred losses related to the Woolsey Fire.
The company said the requested amount of $5.4 billion consists of approximately $4.4 billion in uninsured claims paid as of August 31, 2024 and $1.0 billion in associated costs, including legal and financing costs and estimated ongoing financing costs.
The company said SCE is also seeking recovery of approximately $84 million in restoration costs in the same proceeding.
The company said SCE asked in its filing that the California Public Utilities Commission issue a proposed decision on the application in February 2026.

Summary

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Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

SCE Seeks Rate Recovery of $5.4 billion Woolsey Fire Losses

The company said Southern California Edison Company (SCE) on October 8, 2024 filed an application with the California Public Utilities Commission to seek rate recovery of $5.4 billion in prudently incurred losses related to the Woolsey Fire.

Source · Based on the filing body and exhibits

Components of Requested Recovery: $4.4 billion in Uninsured Claims and $1.0 billion in Related Costs

The company said the requested amount of $5.4 billion consists of approximately $4.4 billion in uninsured claims paid as of August 31, 2024 and $1.0 billion in associated costs, including legal and financing costs and estimated ongoing financing costs.

Source · Based on the filing body and exhibits

Separately Seeks Recovery of About $84 million in Restoration Costs

The company said SCE is also seeking recovery of approximately $84 million in restoration costs in the same proceeding.

Source · Based on the filing body and exhibits

Requests CPUC Proposed Decision in February 2026

The company said SCE asked in its filing that the California Public Utilities Commission issue a proposed decision on the application in February 2026.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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