Edison International · NYSE:EIX
Edison International — Investor Presentation (April 2026)
48 slides from Edison International's investor presentation, Apr 29, 2026
Slide 1: April 28, 2026 Business Update
APRIL 28, 2026 BUSINESS UPDATE Exhibit 99.1
Slide 2: Forward-looking statements
1Edison International | April 2026 Business Update Statements contained in this presentation about future performance, including, without limitation, operating results, capital expenditures, rate base growth, dividend policy, financial outlook, and other statements that are not purely historical, ar
Slide 3: Electrifying the Future: Customers and Clean Energy
2Edison International | April 2026 Business Update Wildfire Mitigation Financial Information AppendixIntroduction Electrifying the Future: Customers and Clean Energy Edison International leads the transformation of the electric power industry One of the nation’s largest electric-only utilities, with
Slide 4: Investment thesis: wires-focused utility
3Edison International | April 2026 Business Update Wildfire Mitigation Financial Information AppendixIntroduction Electrifying the Future: Customers and Clean Energy Thesis: Wires-focused utility investing in reliability, resiliency, and climate adaptation to enable clean energy transition Construct
Slide 5: California regulatory mechanisms provide revenue certainty
4Edison International | April 2026 Business Update Wildfire Mitigation Financial Information AppendixIntroduction Electrifying the Future: Customers and Clean Energy California’s regulatory mechanisms provide revenue certainty Revenue Decoupling means earnings aren’t affected by changes in electrici
Slide 6: SCE Wildfire Mitigation: Approach, Progress, and Results
SCE WILDFIRE MITIGATION: APPROACH, PROGRESS, AND RESULTS
Slide 7: Wildfire mitigation resources and links
6Edison International | April 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy SB 254 (2025) & Natural Catastrophe Resiliency Study AB 1054 (2019) & SB 599 (2022) SCE Safety Certification Wildfire Insurance Fund A
Slide 8: SCE's 2026–2028 Wildfire Mitigation Plan
7Edison International | April 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy SCE’s 2026–2028 Wildfire Mitigation Plan is a layered defense strategy to safeguard our communities Distribution hardening Additional
Slide 9: SCE is seeing proof points from wildfire mitigation
8Edison International | April 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy SCE is seeing proof points and results from its substantial wildfire mitigation efforts 1. Since 2018 and as of March 31, 2026 2. Refe
Slide 10: California comprehensive wildfire risk reduction profile
9Edison International | April 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy California has a comprehensive wildfire risk reduction profile, benefiting customers and investors Suppression CAL FIRE Budget: Double
Slide 11: SB 254 demonstrates support for IOU financial stability
10Edison International | April 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy SB 254 is a key action that demonstrates support for IOU financial stability and its importance for customer affordability… 1. Refere
Slide 12: AB 1054 regulatory construct for wildfire liability
11Edison International | April 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy Focuses on targeted, risk-based mitigation and long-term investments to reduce losses in the highest-risk communities Examines option
Slide 13: Wildfire Fund mechanics
12Edison International | April 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy AB 10541 provides a strong regulatory construct for determining wildfire liability and cost recovery Established safety certification
Slide 14: Fund reimbursement example above $1 billion insurance
13Edison International | April 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy Wildfire Fund provides liquidity for claims payments and ceiling on liability to reimburse fund AB 1054 Wildfire Fund (Initial Accoun
Slide 15: California increased wildfire suppression and prevention investment
14Edison International | April 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy SCE does not reimburse Fund for eligible claims above annual aggregate insurance of $1 billionIf authorized 100% recovery1 SCE’s Insu
Slide 16: 93% of planned distribution hardening completed
15Edison International | April 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy $2.0 $2.5 $2.9 $2.5 $2.6 $3.7 $4.1 $4.2 $4.2 $5.0 '17-18 '18-19 '19-20 '20-21 '21-22 '22-23 '23-24 '24-25 '25-26 '26-27* California h
Slide 17: Eaton Fire: funding sources for claims resolution
16Edison International | April 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy SCE has completed 93% of planned distribution line hardening in high fire risk area (HFRA) Completed Hardening (14,670+ miles) Underg
Slide 18: Electrifying the Future: Customers and Clean Energy
17Edison International | April 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy 1 2 3 Eaton Fire: Currently unable to estimate potential losses; SCE has clear sources for funding claims resolution1 1. Refers to cl
Slide 19: Electrification nearly doubles load by 2045
ELECTRIFYING THE FUTURE: CUSTOMERS AND CLEAN ENERGY
Slide 20: SCE load growth driven by economywide trends
19Edison International | April 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy Electrification nearly doubles load by 2045, requiring significant grid expansion and underpinning EIX’s net-zero strategy Reaching C
Slide 21: Load growth from EV adoption
20Edison International | April 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy SCE’s load growth driven by economywide trends with broad customer and climate benefits SCE’s diverse and durable drivers of demand…
Slide 22: One of strongest electrification profiles in the industry
21Edison International | April 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy SCE’s future load growth captures value from EV adoption, helping affordability by providing downward pressure on rates 1. Includes b
Slide 23: SCE residential energy share of wallet
22Edison International | April 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy Edison International has one of the strongest electrification profiles in the industry 1. Source: EPRI analysis of Experian data; In
Slide 24: Household savings from electrification
23Edison International | April 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy SCE residential total energy share of wallet falls in lowest-cost U.S. quartile, with potential to decline through electrification 20
Slide 25: SCE lowest system average rate among California IOUs
24Edison International | April 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy 2023 2045 By 2045, electricity demand is projected to nearly double from 2025, primarily due to electrification Households will benef
Slide 26: SCE rate trend versus inflation
25Edison International | April 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy 39.3 32.6 28.3 SDG&E PG&E SCE SCE has lowest system average rate among California IOUs and remains laser focused on affordability for
Slide 27: Composition of bundled system revenue requirement
26Edison International | April 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy 10 15 20 25 30 35 2000 '05 '10 '15 '20 '25 2030 2019–2024: SCE’s rate trend outpaced inflation, largely driven by external events1 (p
Slide 28: SCE vs. LADWP average residential bill
27Edison International | April 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy Composition of Bundled System Revenue Requirement1 6% Transmission Investment in operations and maintenance for high-voltage transmis
Slide 29: Financial Information
28Edison International | April 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy SCE delivers on California’s energy goals while managing affordability—despite higher policy-driven cost burdens +38% vs. SCE +37% vs
Slide 30: 2026–2030 Capital Expenditures Plan
FINANCIAL INFORMATION EDISON INTERNATIONAL
Slide 31: Capital plan breakdown by category
30Edison International | April 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy 2026–2030 Capital Expenditures Plan1 Five-year capex plan of ~$38–$41 billion to strengthen reliability, resilience, and readiness to
Slide 32: Projected ~7% rate base growth
31Edison International | April 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy 22% 22% 14% 12% 11% 10% 6% 3% Load Growth & Electrification Infrastructure Replacement Inspections & Maintenance Wildfire Management
Slide 33: 2026 and 2027 Core EPS guidance ranges
32Edison International | April 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy 40.1 43.2 46.4 49.8 53.8 58.4 7.5 7.6 8.0 8.3 8.8 9.5 $47.6 $50.8 $54.4 $58.1 $62.6 $67.9 2025 2026 2027 2028 2029 2030 Projected ~7%
Slide 34: Drivers of 2026 Core EPS
33Edison International | April 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy Note: See Earnings Per Share Non-GAAP Reconciliations and Use of Non-GAAP Financial Measures in Appendix. All tax-effected informatio
Slide 35: 2028 Core EPS guidance range
34Edison International | April 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy 5.84 0.28 0.18 (0.11) (0.07) (0.07) 6.05 Original 2025 Midpoint Rate Base Growth, Net of Lower CPUC ROE Woolsey Interest Benefit 2025
Slide 36: SCE recovering $11+ billion of historical costs by end of 2027
35Edison International | April 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy 1. Compound annual growth rate (CAGR) based on starting point of $5.84 Note: See Earnings Per Share Non-GAAP Reconciliations and Use
Slide 37: Regulatory proceedings status and next steps
36Edison International | April 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy By end of 2027, SCE will have recovered $11+ billion of historical costs, enhancing its balance sheet and credit metrics 1. Includes
Slide 38: Committed to investment grade credit ratings
37Edison International | April 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy SCE enters 2026 with substantially greater clarity into outlook following significant regulatory year in 2025 Application 2025 2026 2
Slide 39: Track record of delivering on Core EPS guidance
38Edison International | April 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy EIX and SCE are committed to investment grade credit ratings 1. Excludes amortization of securitized bonds related to SCE’s AB 1054 E
Slide 40: 22 consecutive years of dividend growth
39Edison International | April 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy EIX has a solid track record of delivering on Core EPS guidance over the last two decades 2025 2024 2023 2022 2021 Exceeded In-line I
Slide 41: 5–7% Core EPS growth with no equity needs
40Edison International | April 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy EIX has 22 consecutive years of dividend growth $0.80 $3.51 2004 2026 7% CAGR Dividends per Share1 1. 2026 dividend annualized based
Slide 42: Rate base and EPS growth aligned with safety and affordability
41Edison International | April 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy EIX projects 5–7% Core EPS growth for 2025 to 2030, with no equity needs in financing plan 1. Financing plan is subject to change. In
Slide 43: Appendix
42Edison International | April 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy Rate base and EPS growth aligned with grid safety, reliability, and customer affordability 1. Compound annual growth rate (CAGR) base
Slide 44: 2026–2028 Modeling Considerations
APPENDIX EDISON INTERNATIONAL’
Slide 45: Trio: energy management and sustainability solutions
44Edison International | April 2026 Business Update AppendixIntroduction Financial InformationWildfire Mitigation Electrifying the Future: Customers and Clean Energy 2026–2028 Modeling Considerations Variable 2026 2027 2028 SCE Rate Base ($ billions) $50.8 $54.3–54.4 $57.7–58.1 Rate Base Mix (CPUC/F
Slide 46: Earnings Per Share Non-GAAP Reconciliations
45Edison International | April 2026 Business Update AppendixIntroduction Financial InformationWildfire Mitigation Electrifying the Future: Customers and Clean Energy Partners with large commercial, industrial, and institutional organizations to navigate the energy transition by providing integrated
Slide 47: Use of Non-GAAP Financial Measures and IR contact
46Edison International | April 2026 Business Update AppendixIntroduction Financial InformationWildfire Mitigation Electrifying the Future: Customers and Clean Energy Low High Basic EIX EPS $5.86 $6.16 Total Non-Core Items1 (0.04) (0.04) Core EIX EPS $5.90 $6.20 1. Non-core items are presented as the
Slide 48: 47Edison International | April 2026 Business Update AppendixIntroduction Financial InformationWildfire Mitigation Ele…
47Edison International | April 2026 Business Update AppendixIntroduction Financial InformationWildfire Mitigation Electrifying the Future: Customers and Clean Energy Use of Non-GAAP Financial Measures EIX Investor Relations Contact Sam Ramraj, Vice President Derek Matsushima, Principal Manager (626)
Edison International — Investor Presentation (April 2026) on 6ix