8-KThe WireRoutine
Company Update
Filed Dec 26, 2023 · 2y ago · Accession 0000827052-23-000106
Plain English
Material event — a significant development the company must disclose promptly.
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Filing text
View original ↗UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 22, 2023
Commission
File Number
Exact Name of Registrant
as specified in its charter
State or Other Jurisdiction of
Incorporation or Organization
IRS Employer
Identification Number
1-9936
EDISON INTERNATIONAL
California
95-4137452
1-2313
SOUTHERN CALIFORNIA EDISON COMPANY
California
95-1240335
2244 Walnut Grove Avenue
2244 Walnut Grove Avenue
(P.O. Box 976)
(P.O. Box 800)
Rosemead ,
California
91770
Rosemead ,
California
91770
(Address of principal executive offices)
(Address of principal executive offices)
(626) 302-2222
(626) 302-1212
(Registrant's telephone number, including area code)
(Registrant's telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ☐ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ☐ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ☐ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ☐ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Edison International :
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Stock, no par value
EIX
NYSE
LLC
Southern California Edison Company : None
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
Edison International
☐
Emerging growth company
Southern California Edison Company
☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Edison International
☐
Southern California Edison Company
☐
Item 8.01 Other Events
On December 22, 2023, the Energy Division of the California Public Utilities Commission approved Southern California Edison’s advice letter to adjust its authorized cost of capital for 2024. SCE’s capital structure and rate of return for 2023 and 2024 are set forth in the table below
Capital Structure
2023 CPUC Authorized Cost of Capital
2024 CPUC Authorized Cost of Capital
Long-Term Debt
43.00%
4.39%
4.48%
Preferred Equity
5.00%
6.50%
7.02%
Common Equity
52.00%
10.05%
10.75%
Rate of Return
7.44%
7.87%
Consistent with its past practice, Edison International will provide 2024 EPS guidance on its fourth quarter 2023 earnings call.
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: December 22, 2023
SOUTHERN CALIFORNIA EDISON COMPANY
(Registrant)
/s/ Kara G. Ryan
Kara G. Ryan
Vice President, Chief Accounting Officer and Controller
Date: December 22, 2023
Filing details
- Ticker
- SCE-PL
- CIK
- 92103
- Form type
- 8-K
- Filing date
- Dec 26, 2023
- Report date
- Dec 22, 2023
- Document
- eix-20231222x8k.htm
- Size
- 260 KB