Slide 1: Second Quarter 2007 Financial Teleconference
Exhibit 99.2 [GRAPHICS Second Financial August EDISON 9, Quarter INTERNATIONAL® Teleconference 2007 APPEARS 2007 HERE]
Slide 2: Forward-Looking Statements
[GRAPHICS Forward-Looking Statements not differ International’s represent EDISON purely materially our INTERNATIONAL® historical, contained APPEARS expectations 2006 from Statements Form are in current this forward-looking HERE] 10-K only presentation expectations. as and ofsubsequent the date about
Slide 3: Use of Non-GAAP Financial Measures
[GRAPHICS Use Edison and the EDISON slide Exchange for outlook, of Non-GAAP International’s analysis where INTERNATIONAL® as APPEARS Commission. the itofallows performance. information Financial earnings them HERE] Edison Measures toare appears Edison more prepared International’s accurately or Inte
Slide 4: Second Quarter Results Highlights
Second Results Core SCE Submitted Tendered DPV2 EMG Strong Placed Additional 1 2 3 SeeUpdate earnings1 earnings2 slide Update transmission into operating Quarter for2009 regulatory wind 5Southern 12 service for for General $0.73 guidance Highlights reconciliation projects performance reconciliation
Slide 5: Second Quarter Earnings Summary
1 EDISON Second GAAP $93 $177 Basic $0.29 $0.54 Net Core1 ($ $239 $180 $0.73 EPS 2Q $0.55 See [GRAPHICS millions) 07 06 Income EPS slide Quarter 5 for reconciliation INTERNATIONAL® APPEARS Earnings Summary of core earnings to reported earnings. Core earnings is defined as GAAP earnings less income f
Slide 6: Reconciliation of Core Earnings to Reported Earnings
Core Earnings [GRAPHICS Second Reconciliation Quarter APPEARS ofFinancial Core Earnings HERE] Resultsto Reported Earnings SCE 2Q 07 2Q 06 Var. EMG $ 0.44 $ 0.47 $(0.03) EIX Holding Co. 0.30 0.10 0.20 Core EPS (0.01) (0.02) 0.01 Non-Core Items $ 0.73 $ 0.55 $ 0.18 SCE EMG $ — $ 0.25 $(0.25) Total Non
Slide 7: Year-to-Date Earnings Summary
[GRAPHICS Year-to-Date GAAP $426 $435 Basic $1.29 $1.32 Net Core1 ($ $538 $364 $1.63 YTD $1.10 1 millions) Income 07 06 EPS See slide EPS Earnings APPEARS 7 for reconciliation Summary HERE] of core earnings to reported earnings. Core earnings is defined as GAAP earnings less income from discontinued
Slide 8: Year-to-Date Reconciliation of Core Earnings
Core EarningsFinancial Year-to-Date Reconciliation of Core Earnings Results to Reported Earnings SCE YTD 07 YTD 06 Var. EMG $ 0.90 $ 0.84 $ 0.06 EIX Holding Co. 0.78 0.32 0.46 Core EPS (0.05) (0.06) 0.01 Non-Core Items $ 1.63 $ 1.10 $ 0.53 SCE EMG $ 0.10 $ 0.25 $(0.15) Total Non-Core (0.44) (0.03) (
Slide 9: Midwest Generation Operating Performance
Operating Midwest •YTD Availability Generation Capacity 2007 Generation Statistics and vs.up and YTD Load about Forced 2006 Factors – 16% Operating Outage increased Rates Performance on in line higher with off-peak plan sales Total Generation (GWh) YTD 2007 YTD 2006 Equivalent Availability 14,756 12
Slide 10: Homer City Operating Performance
Operating Homer •YTD Generation 2006 2007 2007 Availability operating City Statistics vs. –upOperating YTD about performance and 2006 20% Forced Performance inOutage line with Rates plan impacted by the Unit 3 transformer failure Total Generation (GWh) YTD 2007 YTD 2006 Equivalent Availability 6,453
Slide 11: EMG Hedge Program Status
[GRAPHICS EMG Status Hedge at JuneProgram APPEARS 30, 2007Status HERE] Remainder of Midwest Generation 2007 2008 2009 Energy Only Contracts Megawatt hours (in GWh) Average Price ($/MWh) 8,250 10,838 2,048 Load Requirement Services Contracts $ 48.07 $ 61.38 $60.00 Estimated GWh1 Average price ($/MWh)
Slide 12: EMG Capacity Sales Status
StatusCapacity EMG at July 27, Sales 2007 Megawatts except price per MW-day July 1, May 31,2007 2008- June 31, May 1, 2008 2009- INSTALLED CAPACITY Generation Midwest Homer City Generation Midwest Homer City Less: Net capacity held due to load requirements services contracts1, and retained for outag
Slide 13: Earnings Guidance Reconciliation
[GRAPHICS Earnings Reconciliation Guidance APPEARS of Core Earnings HERE] Guidance to Total Earnings Guidance Guidance 2007 Guidance 2007 Effective Updated Core EPS 05/09/07 08/09/07 Southern California Edison Edison Mission Group $ -$ 1.97 2.07 $ -$ 1.97 2.07 EIX Holding Company 1.21 - 1.51 1.40- 1
Slide 14: Appendix
[GRAPHICS EDISON AppendixINTERNATIONAL® APPEARS HERE]
Slide 15: EMG Comparative Operating Statistics
EMG Comparative [GRAPHICS APPEARS Operating HERE]Statistics Midwest Generation Q2 07 Q2 06 Var. % YTD 07 YTD 06 Var. % Generation (in GWh) Energy Only contracts Load Requirement Services Contracts 4,445 5,493 11,143 12,738 Total 1,681 — 3,613 — Performance 6,126 5,493 633 12% 14,756 12,738 2,018 16%
Slide 16: EMG Wind Projects Portfolio
EDISON ~3,100 Oklahoma Texas MW Development Turbines EMG Nebraska Wyoming Utah Nevada Iowa Wisconsin Illinois New Maine Maryland West In-Service Minnesota Construction Pipeline 1 15 Data York Mexico Virginia Wind as MW300 630 90 315 200 100 390 130 54 80 345 169 60 (not INTERNATIONAL® of75 161 90 47
Slide 17: EMG Available Liquidity
Sources [GRAPHICS EMG Available Liquidity (inLiquidity millions) APPEARS Profile HERE] EME Revolver 12/31/06 6/30/07 MWG Revolver $ 473 $ 522 Cash & Short term investments1 495 467 2,181 1,321 $1.1 billion 1 of credit Excludes facilities $73 million betweenand MWG$192and million EMEof cash collatera