Obligation SouthCal Edison 5.95% ( US842400FH15 ) en USD

SouthCal Edison

100 % ▲

Etas-Unis

US842400FH15 ( en USD )

5.95% par an ( paiement semestriel )

01/02/2038

Prospectus brochure de l'obligation Southern California Edison US842400FH15 en USD 5.95%, échéance 01/02/2038

1 000 USD

600 000 000 USD

842400FH1

A- ( Qualité moyenne supérieure )

A3 ( Qualité moyenne supérieure )

01/02/2026 ( Dans 51 jours )

Southern California Edison est une grande entreprise d'électricité desservant une vaste zone du sud de la Californie, fournissant de l'électricité à des millions de clients résidentiels, commerciaux et industriels.

L'Obligation émise par SouthCal Edison ( Etas-Unis ) , en USD, avec le code ISIN US842400FH15, paye un coupon de 5.95% par an.
Le paiement des coupons est semestriel et la maturité de l'Obligation est le 01/02/2038

L'Obligation émise par SouthCal Edison ( Etas-Unis ) , en USD, avec le code ISIN US842400FH15, a été notée A3 ( Qualité moyenne supérieure ) par l'agence de notation Moody's.

L'Obligation émise par SouthCal Edison ( Etas-Unis ) , en USD, avec le code ISIN US842400FH15, a été notée A- ( Qualité moyenne supérieure ) par l'agence de notation Standard & Poor's ( S&P ).

Final Prospectus Supplement
424B5 1 d424b5.htm FINAL PROSPECTUS SUPPLEMENT
Table of Contents
Filed Pursuant to Rule 424(b)(5)
Registration No. 333-136394

CALCULATION OF REGISTRATION FEE

Maximum
Amount of
Aggregate
Registration
Title of Each Class of Securities Offered
Offering Price
Fee(1)
5.95% First and Refunding Mortgage Bonds, Series 2008A, Due 2038
$597,240,000 $23,471.53
(1) Calculated in accordance with Rule 457(r) of the Securities Act of 1933. Pursuant to Rule 457(p) under the
Securities Act of 1933, a filing fee of $66,305.33 has already been paid with respect to unsold securities
registered pursuant to a Registration Statement on Form S-3 (No. 333-121192) filed by Southern California
Edison Company on December 13, 2004, and is being carried forward. The filing fee of $23,471.53 due for
this offering is offset against the registration fee previously paid and $42,833.80 remains available for future
registration fees. No additional registration fee has been paid with respect to this offering.
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PROSPECTUS SUPPLEMENT
(To Prospectus dated August 8, 2006)

Southern California Edison Company
$600,000,000 5.95% First and Refunding Mortgage Bonds,
Series 2008A, Due 2038

The bonds will bear interest at the rate of 5.95% per year. Interest on the bonds is payable semiannually on
February 1 and August 1 of each year, beginning on August 1, 2008. The bonds will mature on February 1, 2038.
We may at our option redeem some or all of the bonds at any time. The redemption price is discussed under the
caption "Certain Terms of the Bonds--Optional Redemption."
The bonds will be senior secured obligations of our company and will rank equally with all of our other senior
secured indebtedness.

Investing in the bonds involves risks. See " Risk Factors" beginning on page S-6.
Neither the Securities and Exchange Commission nor any state securities commission has approved or
disapproved of these securities or determined if this prospectus supplement or the related prospectus is truthful or
complete. Any representation to the contrary is a criminal offense.

Per Bond
Total
Public offering price

99.540%
$597,240,000
Underwriting discount

0.875%
$ 5,250,000
Proceeds to us before expenses

98.665%
$591,990,000

Interest on the bonds will accrue from January 22, 2008.

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Final Prospectus Supplement
The bonds are expected to be delivered in global form through the book-entry delivery system of The Depository
Trust Company on or about January 22, 2008.

Joint Book-Running Managers
BNY Capital Markets, Inc.
Citi
JPMorgan
Lehman Brothers

Wedbush Morgan Securities Inc.

Wells Fargo Securities

Blaylock Robert Van, LLC

Cabrera Capital Markets, LLC
January 14, 2008
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Final Prospectus Supplement
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You should rely only on the information contained in or incorporated by reference in this prospectus
supplement and the accompanying prospectus. We have not authorized anyone to provide you with
different information. We are not making an offer of these securities in any state where the offer is not
permitted. You should assume that the information contained in this prospectus supplement, the
accompanying prospectus, and the documents incorporated by reference, is accurate only as of their
respective dates.

TABLE OF CONTENTS

Prospectus Supplement

Page
About This Prospectus Supplement

S-1
Forward-Looking Statements

S-1
Summary

S-3
Risk Factors

S-6
Use of Proceeds

S-8
Ratio of Earnings to Fixed Charges and Preferred Equity Dividends

S-8
Certain Terms of the Bonds

S-9
Underwriting
S-13
Legal Matters
S-15

Prospectus

About This Prospectus

1
Forward-Looking Statements

1
Southern California Edison Company

1
Use of Proceeds

2
Ratio of Earnings to Fixed Charges and Preferred Equity Dividends

2
Description of the Securities

2
Description of the First Mortgage Bonds

3
Description of the Debt Securities

7
Description of the Preferred Stock and Preference Stock
19
Experts
21
Validity of the Securities
22
Where You Can Find More Information
22
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ABOUT THIS PROSPECTUS SUPPLEMENT
This document is in two parts. The first part is this prospectus supplement, which describes the specific terms of
the bonds we are offering and certain other matters about us and our financial condition. The second part, the
base prospectus, provides general information about the first mortgage bonds and other securities that we may
offer from time to time, some of which may not apply to the bonds we are offering hereby. Generally, when we
refer to the prospectus, we are referring to both parts of this document combined. If the description of the bonds
varies between this prospectus supplement and the accompanying base prospectus, you should rely on the
information in this prospectus supplement.
References in this prospectus to "Southern California Edison," "we," "us," and "our" mean Southern California
Edison Company, a California corporation. In this prospectus, we refer to our First and Refunding Mortgage
Bonds, Series 2008A, which are offered hereby, as the "bonds." We refer to all of our outstanding First and
Refunding Mortgage Bonds as our "first mortgage bonds."

FORWARD-LOOKING STATEMENTS
This prospectus and the documents they incorporate by reference contain "forward-looking statements" within
the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect our
current expectations and projections about future events based on our knowledge of present facts and
circumstances and assumptions about future events and include any statement that does not directly relate to a
historical or current fact. In this prospectus and elsewhere, the words "expects," "believes," "anticipates,"
"estimates," "projects," "intends," "plans," "probable," "may," "will," "could," "would," "should," and
variations of such words and similar expressions, or discussions of strategy or of plans, are intended to identify
forward-looking statements. Such statements necessarily involve risks and uncertainties that could cause actual
results to differ materially from those anticipated. Some of the risks, uncertainties and other important factors that
could cause results to differ, or that otherwise could impact us, include, but are not limited to:

· our ability to recover costs in a timely manner from our customers through regulated rates;

· decisions and other actions by the California Public Utilities Commission, the Federal Energy Regulatory

Commission and other regulatory authorities and delays in regulatory actions;

· market risks affecting our energy procurement activities;

· access to capital markets and the cost of capital;

· changes in interest rates and rates of inflation;

· governmental, statutory, regulatory or administrative changes or initiatives affecting the electricity

industry, including the market structure rules applicable to each market;

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· environmental regulations that could require additional expenditures or otherwise affect the cost and

manner of doing business;

· risks associated with operating nuclear and other power generating facilities, including operating risks,

nuclear fuel storage, equipment failure, availability, heat rate, output, and availability and cost of spare
parts and repairs;

· the availability of labor, equipment and materials;

· the ability to obtain sufficient insurance, including insurance relating to our nuclear facilities;

· effects of legal proceedings, changes in or interpretations of tax laws, rates or policies, and changes in

accounting standards;

· the cost and availability of coal, natural gas, fuel oil, nuclear fuel, and associated transportation;

S-1
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· the ability to provide sufficient collateral in support of hedging activities and purchased power and fuel;

· the risk of counterparty default in hedging transactions or power-purchase and fuel contracts;

· general political, economic and business conditions;

· weather conditions, natural disasters and other unforeseen events;

· changes in the fair value of investments and other assets; and

· the risks inherent in the development of generation projects as well as transmission and distribution

infrastructure replacement and expansion including those related to siting, financing, construction,
permitting, and governmental approvals.
Additional information about risks and uncertainties, including more detail about the factors described above, is
included in our Annual Report on Form 10-K for the year ended December 31, 2006 and our Quarterly Reports
on Form 10-Q filed subsequent to that date. Forward-looking statements speak only as of the date they are made
and we are not obligated to publicly update or revise forward-looking statements.

S-2
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SUMMARY
The following summary is qualified in its entirety by and should be read together with the more detailed
information and audited financial statements, including the related notes, contained or incorporated by reference
in this prospectus supplement and the accompanying base prospectus.

Southern California Edison Company
Southern California Edison is an investor-owned electric utility company, providing retail electric service to
more than 4.6 million business and residential customers over a 50,000 square mile service area in coastal,
central, and southern California, excluding the City of Los Angeles and certain other cities. We own and operate
transmission and distribution facilities and hydroelectric, coal, natural gas, and nuclear power plants for the
purpose of serving our customers' electricity needs. In addition to power provided from our own generating
resources, we procure power through long-term contracts from a variety of sources including other utilities,
merchant generators, and other non-utility generators, including qualifying facilities. Our customers also receive
power purchased on their behalf through contracts signed by the California Department of Water Resources.
Based in Rosemead, California, Southern California Edison was incorporated in California in 1909, and had
assets of more than $27 billion as of September 30, 2007.
Southern California Edison is a subsidiary of Edison International, a holding company with subsidiaries involved
in both electric utility and non-electric utility businesses. The mailing address and telephone number of our
principal executive offices are P.O. Box 800, Rosemead, CA 91770 and (626) 302-1212.

S-3
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The Offering
Issuer
Southern California Edison Company, a California corporation.
Bonds Offered
$600,000,000 5.95% First and Refunding Mortgage Bonds, Series
2008A, Due 2038
Use of Proceeds
We intend to use the net proceeds from the sale of the bonds to repay
short-term indebtedness and for general corporate purposes. See "Use of
Proceeds."
Maturity
February 1, 2038
Interest on the Bonds
5.95% per annum.

Interest will accrue commencing on January 22, 2008, and will be payable
semiannually on February 1 and August 1 of each year, beginning August 1,
2008.
Further Issues
We may, without the consent of the holders of the bonds, issue
additional first mortgage bonds in the future. The bonds offered by this
prospectus supplement and any additional first mortgage bonds would
rank equally and ratably under the first mortgage bond indenture. No
additional first mortgage bonds may be issued if any event of default
has occurred with respect to the bonds. Additional first mortgage bonds
may not be issued unless net earnings for twelve months shall have been
at least two and one-half times our total annual first mortgage bond
interest charge and other conditions are met. As of September 30, 2007,
we could issue approximately $9.33 billion of additional first mortgage
bonds. See "Certain Terms of the Bonds--Further Issues" below in this
prospectus supplement and "Description of the First Mortgage Bonds--
Issue of Additional Bonds" in the base prospectus.
Optional Redemption
We may at our option redeem the bonds at any time, in whole or in part,
at a "make whole" redemption price as described under "Certain Terms
of the Bonds--Optional Redemption."
Security
The bonds will be secured equally and ratably by a lien on substantially
all of our property and franchises with all other first mortgage bonds
outstanding now or in the future under our first mortgage bond
indenture. The liens will constitute first priority liens, subject to
permitted exceptions.
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Ranking
The bonds will be our senior secured obligations ranking pari passu in
right of payment with all of our other senior secured indebtedness, and
prior to all other senior indebtedness to the extent of the value of the
collateral available to the holders of the bonds, which collateral is
shared by such holders on a ratable basis with the holders of our other
first mortgage bonds outstanding from time to time. As of
September 30, 2007, we had $4.45 billion of our first mortgage bonds
outstanding (including $927 million of first mortgage bonds issued to
secure pollution control bonds).

S-4
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Document Outline

sec.gov
- #1">Final Prospectus Supplement