Edison International and Southern California Edison issued an October business update presentation for use in meetings with institutional investors and analysts and at investor conferences. The material provided, however, contains only the presentation’s opening page of cautionary statements, not the business update itself.
- The opening page lists risks that could affect future results, including SCE’s ability to recover costs through regulated rates—particularly wildfire-related costs—and the affordability of customer bills.
- Other cited risks include wildfire prevention and restoration, cybersecurity and physical security, safe and reliable operation of electrical facilities, and the cost and availability of equipment and spare parts.
- The presentation also flags challenges in upgrading the grid and carrying out SCE’s capital program, such as permitting, construction, contractor performance, public opposition, supply-chain constraints, inflation and higher interest rates.
- The statements describe factors that could cause future results to differ from expectations; they do not report that any of these risks has newly materialized.
No updated financial outlook, capital-spending or rate-base figures, dividend change, or specific operating announcement appears in the material provided.