Edison International · NYSE:EIX
Edison International — 42nd EEI Financial Conference 2007
17 slides from Edison International's conference presentation, Nov 5, 2007
Slide 1: Leading the Way in Electricity
Exhibit 99.2 Leading 42nd John EDISON Bryson, EEIthe INTERNATIONAL® Financial Way Chairman, in Conference Electricity Chief Executive SM NovemberOfficer 6, 2007and President
Slide 2: Forward-Looking Statements
Leading Forward-Looking Statements not differ International’s represent 42nd EDISON purely EEI materially the our INTERNATIONAL® Financial historical, contained Way expectations 2006 from inStatements Conference Electricity Form are in current this forward-looking 10-K only presentation expectations
Slide 3: Use of Non-GAAP Financial Measures
Leading Use Edison and accurately EPS share. securities principal operating A referenced 42nd EDISON reconciliation Exchange EPS of by EEI Non-GAAP International’s principal the by operating INTERNATIONAL® subsidiary (vested Financial compare inprincipal Way the Commission. of presentation. operatin
Slide 4: Edison International Portfolio
Edison Leading Our Business International the Way Portfolio in Electricity SM Operating Cash Flow1 Revenue1 $12.6 Generation Capacity (MW) $ 3.6 Market Capitalization 14,799 Southern California Edison $ 18.5 Operating Cash Flow Revenue $ 10.3 Generation Capacity (MW) $ 2.6 Population Served (MM) 5,2
Slide 5: Our Strong Value Proposition
Leading Our Strong Competitive Visible Valuable Increasing Attractive Earnings 42nd EDISON Value EEI utility earnings the business growth INTERNATIONAL® Financial and Proposition capacity Way generation platform sustainable and and inposition values Conference Electricity cash financial with busines
Slide 6: Growth Strategies
Leading Growth Southern Driven Transmission Distribution Generation Energy Edison Optimize Investments Renewables Gas-fired Advanced 42nd EDISONEEI principally Mission efficiency Strategies the California INTERNATIONAL® business generation Financial fossil –Way led emphasize: diversify –meeting –sys
Slide 7: Financial Objectives and Funding Focus
Leading Financial Funding Operating Cash Focus Credit Southern A Edison BB Targeting Dividend Parent SCE 1 rating rating and EDISON 42nd on on Objectives1 financing EEIMission Senior metrics hand, the Growth Edison California organic Strategies Policy increases annual metrics cash Way operating unse
Slide 8: Reconciliation of Core Earnings Guidance to Total Earnings Guidance
Reconciliation Leading Earningsthe Guidance Way of in Core Electricity EarningsSM Guidance to Total Earnings Guidance Core EPS1 reaffirmed Guidance 2007 as Southern California Edison 11/02/07 of Edison Mission Group $ 1.972.07 -$ EIX parent company and other 1.40 1.65- EIX core earnings per share (0
Slide 9: Evolving California Infrastructure Investment Drivers
Leading Investment System Evolving California Regional Implications Transmission Transmission, Edison Tehachapi Conversion SCE 1 42nd EDISON LA,is –EEI Riverside, Infrastructure leading SmartConnectTM growth reliability the air and INTERNATIONAL® Financial renewable and Driver of Way quality for and
Slide 10: SCE: What's Changed in the Regulatory Environment
Leading SCE What’s Up-front Trigger Advance State Benefits Upon Better Provides Regulatory California’s 42nd EDISON–support EEI proof matching Constructive Changed mechanism the to approval recovery post INTERNATIONAL® Financial Ratepayers decisions of regulatory Way for test-year least-cost of Sinc
Slide 11: SCE Rate Base Forecast
Leading SCE Forecast $ $21 2006 2009 Approved Future 12+ $10.9 Rate 1 and Corporation 42nd EDISON Billions Includes regulatory $18 % base Growth 2007 2010 EEI $11.7 Regulatory Compound $15 the SCE INTERNATIONAL® Financial growth impact 2008 2011 $12.7 Way Commission $12 Driver Rate approvals. $9 in
Slide 12: SCE Proposed Five-Year Capital Spending Plan
Forecast Leading SCE Proposed $ $5 2007 $2.4 Billions $4$2.8 Growth 2008 $3the by $2 Five-Year $3.9 2009 Classification Way $1 Driver $4.2 $0 2010 in $4.0 Electricity Capital – Investment 2011 Spending SM Plan Edison SmartConnectTM $ % Generation 1.3 8 Transmission 2.8 16 Distribution 4.3 25 Total1
Slide 13: EMG Operating and Growth Platforms
Operating Leading EMG Washington Natural California Nebraska Wyoming Utah Oklahoma Nevada Texas Iowa Minnesota Illinois Pennsylvania Wisconsin Maine New Maryland West Coal Wind York Mexico 5,613 1,884 40 Virginia 90 161 (UC) 145 75 (Pipeline) – Business Gas MW the MW MW Platform1 MW 141 95 150 Way 7
Slide 14: EMG Wind Development Process
Leading Local Process EMG Initial Land PPA Permitting Turbine Confirm Construction 161 Financing Operation 42nd EDISON MW origination EEI rights –or meteorological Wind Steps procurement the Independent meteorological Wind INTERNATIONAL® Financial Way and Development Farm and in start-up Conference
Slide 15: EMG Natural Gas and Other Growth Opportunities
Leading EMG Natural Thermal Walnut Potential Will Some Assets IGCC Carson Joint petroleum enhanced Confirming Other 42nd EDISONbe Venture EEI –opportunities regions with complement Hydrogen Creek selective Thermal Gas-Fired the development acquisitions INTERNATIONAL® oil Financial coke Carbon projec
Slide 16: Our Attractive Shareholder Value Proposition
Leading Our Attractive Southern Demonstrated Among Favorable Strong Commitment Incentive Edison 42nd EDISON Shareholder EEIgrowth Mission people the the California INTERNATIONAL® compensation Financial business market best Way toneed committed pipeline Group long-term domestic Value in conditions po
Slide 17: Leading the Way in Electricity
Leading 42nd EDISON EEIthe INTERNATIONAL® Financial Way in Conference Electricity SM ElectricitySM16
Edison International — 42nd EEI Financial Conference 2007 on 6ix