Edison International (EIX): Modelo de Negócios Canvas [Jan-2025 Atualizado]

No cenário dinâmico da transformação de energia, a Edison International (EIX) surge como um jogador fundamental, navegando estrategicamente no complexo terreno de serviços de utilidade e inovação energética renovável. Ao elaborar meticulosamente um modelo de negócios que equilibra a distribuição tradicional de eletricidade com iniciativas de sustentabilidade de ponta, o EIX demonstra um compromisso extraordinário em reformular o futuro da geração de energia. Sua abordagem abrangente entrelaça as proezas tecnológicas, a responsabilidade ambiental e as soluções centradas no cliente, posicionando a empresa na vanguarda de um ecossistema de energia em rápida evolução que promete confiabilidade, eficiência e administração ambiental progressiva.

Edison International (EIX) - Modelo de Negócios: Principais Parcerias

Southern California Edison (subsidiária da utilidade primária)

O sul da Califórnia Edison opera como a subsidiária principal de utilidade com os seguintes detalhes da parceria:

Métrica de Parceria	2024 dados
Cobertura do território de serviço	15 municípios no sul da Califórnia
Base de clientes	14 milhões de clientes
Distribuição anual de energia	80.000 gigawatt-hora

Fabricantes de equipamentos de energia renovável

A Edison International colabora com vários fabricantes de equipamentos de energia renovável:

• Primeira Solar - Contrato de Fornecimento de Painel Solar de 500 MW
• Vestas Wind Systems - Parceria de turbina eólica de 200 MW
• Sunpower Corporation - Contrato de equipamentos solares de 250 MW

Desenvolvedores de projetos solares e eólicos

As parcerias atuais de desenvolvimento de projetos incluem:

Desenvolvedor	Capacidade do projeto	Investimento
Energia Nextera	Projeto solar de 300 MW	US $ 425 milhões
Energia recorrente	Projeto de vento de 250 MW	US $ 375 milhões

Provedores de tecnologia de infraestrutura de grade

Principais parcerias de infraestrutura de tecnologia:

• Siemens - Integração de tecnologia de grade inteligente
• Grupo ABB - soluções de modernização da grade
• Schneider Electric - parcerias de transformação digital

Parceiros de solução de armazenamento de energia

Métricas de colaboração de armazenamento de energia:

Parceiro	Capacidade de armazenamento	Investimento
Tesla	Armazenamento de bateria de 100 MW	US $ 180 milhões
Solução de energia LG	Sistema de bateria de 75 MW	US $ 135 milhões

Edison International (EIX) - Modelo de Negócios: Atividades -chave

Geração e distribuição de eletricidade

O sul da Califórnia Edison (SCE) gera e distribui eletricidade em 15 municípios no sul da Califórnia, servindo 15 milhões de pessoas. Capacidade total de geração de eletricidade: 17.894 MW a partir de 2023.

Fonte de geração	Capacidade (MW)	Percentagem
Gás natural	7,456	41.7%
Nuclear	2,254	12.6%
Energia renovável	6,184	34.6%
Hidrelétrico	1,230	6.9%

Desenvolvimento de projetos de energia renovável

Investimento em projetos de energia renovável: US $ 3,4 bilhões em 2023. Expansão planejada de capacidade de energia renovável: 5.000 MW até 2030.

• Investimentos de projeto solar: US $ 1,2 bilhão
• Desenvolvimento de energia eólica: US $ 890 milhões
• Projetos de armazenamento de bateria: US $ 670 milhões

Modernização da grade e atualizações de infraestrutura

Investimento total de infraestrutura: US $ 2,8 bilhões em 2023. A implementação da tecnologia de grade inteligente cobre 85% do território de serviço.

Componente de infraestrutura	Investimento ($ m)
Atualizações da linha de transmissão	1,100
Modernização da subestação	650
Instalação do medidor inteligente	450
Aprimoramentos de segurança cibernética	300

Gerenciamento do programa de eficiência energética

Orçamento anual do Programa de Eficiência Energética: US $ 420 milhões. Economia de energia do cliente: 1,2 milhão de MWh em 2023.

• Descontos residenciais de eficiência energética: US $ 180 milhões
• Programas do setor comercial: US $ 160 milhões
• Iniciativas de eficiência industrial: US $ 80 milhões

Iniciativas de conformidade regulatória e sustentabilidade ambiental

Despesas de conformidade ambiental: US $ 520 milhões em 2023. Metas de redução de carbono: redução de 80% até 2030.

Iniciativa de Sustentabilidade	Investimento ($ m)
Redução de gases de efeito estufa	250
Certificação de energia renovável	120
Monitoramento ambiental	90
Conformidade regulatória	60

Edison International (EIX) - Modelo de Negócios: Recursos Principais

Extensa infraestrutura de transmissão elétrica

O sul da Califórnia Edison (SCE), uma subsidiária da Edison International, opera aproximadamente 15.000 milhas de circuito de linhas de transmissão e 114.000 milhas de circuito de linhas de distribuição em 15 municípios da Califórnia.

Ativo de infraestrutura	Quantidade
Linhas de transmissão	15.000 milhas de circuito
Linhas de distribuição	114.000 milhas de circuito
Condados da área de serviço	15 municípios

Engenharia qualificada e força de trabalho técnica

A Edison International emprega aproximadamente 13.300 trabalhadores a partir de 2023, com uma parcela significativa dedicada a funções de engenharia e técnicas.

• Total de funcionários: 13.300
• Porcentagem da força de trabalho de engenharia: aproximadamente 40%
• Posse média dos funcionários: 12,5 anos

Tecnologias avançadas de gerenciamento de energia

Investimento em plataformas de tecnologia e infraestrutura digital para modernização da rede.

Categoria de investimento em tecnologia	Investimento anual (2023)
Modernização da grade	US $ 1,7 bilhão
Integração de energia renovável	US $ 650 milhões

Recursos significativos de investimento de capital

A Edison International demonstra recursos financeiros robustos para investimentos em infraestrutura e tecnologia.

Métrica financeira	2023 valor
Total de ativos	US $ 71,4 bilhões
Despesas de capital anuais	US $ 5,2 bilhões
Equidade do acionista	US $ 17,6 bilhões

Portfólio de geração de energia diversificada

A Edison International mantém uma mistura abrangente de geração de energia em várias tecnologias.

Fonte de geração	Porcentagem de geração total
Gás natural	45%
Solar	22%
Vento	15%
Hidrelétrico	8%
Nuclear	6%
Outros renováveis	4%

Edison International (EIX) - Modelo de Negócios: Proposições de Valor

Entrega de energia elétrica confiável

O sul da Califórnia Edison (SCE), uma subsidiária da Edison International, atende aproximadamente 15 milhões de pessoas em 15 municípios. A concessionária oferece 80 milhões de megawatts-horas de eletricidade anualmente com uma taxa de confiabilidade de serviço de 99,97%.

Métrica de serviço	Dados de desempenho
Total de clientes	5,2 milhões de conexões de serviço elétrico
Território de serviço	50.000 milhas quadradas
Infraestrutura da grade	US $ 33,1 bilhões no investimento total de infraestrutura

Compromisso com a transição de energia limpa

Edison International se comprometeu a alcançar Emissões de carbono zero até 2050.

• Portfólio de energia renovável: 33% da geração total
• Investimentos eólicos e solares: US $ 2,7 bilhões em 2023
• Capacidade de armazenamento da bateria: 770 MW até 2025

Soluções de energia sustentável e ambientalmente responsável

A empresa investiu US $ 1,5 bilhão em modernização da rede e infraestrutura de energia limpa em 2023.

Métrica de sustentabilidade	Status atual
Alvo de redução de carbono	80% de redução até 2030
Estações de carregamento de veículos elétricos	1.200 estações instaladas

Confiabilidade e resiliência avançadas da grade

Edison International implantou Tecnologias de grade inteligente em seu território de serviço.

• Instalações de medidores inteligentes: 5,3 milhões de unidades
• Sistemas de gerenciamento de grade automatizados
• Tempo de resposta de interrupção: média de 60 minutos

Serviços de energia abrangentes para clientes residenciais e comerciais

As ofertas de serviços incluem programas de eficiência energética, resposta à demanda e soluções de energia renovável.

Programa de Atendimento ao Cliente	Investimento anual
Programas de eficiência energética	US $ 450 milhões
Incentivos solares residenciais	US $ 120 milhões
Gerenciamento de energia comercial	US $ 280 milhões

Edison International (EIX) - Modelo de Negócios: Relacionamentos do Cliente

Contratos de serviço de utilidade de longo prazo

A Edison International atende a aproximadamente 15 milhões de pessoas no sul da Califórnia através de sua subsidiária de utilidade Southern California Edison (SCE). A empresa mantém mais de 5 milhões de contas de clientes em um território de serviço de 50.000 quilômetros quadrados.

Tipo de contrato	Duração	Cobertura do cliente
Acordos de serviço residencial	Em andamento/perpétuo	4,9 milhões de clientes residenciais
Contratos de Serviço Comercial	1-5 anos	180.000 contas comerciais
Acordos de Serviço Industrial	3-10 anos	25.000 clientes industriais

Plataformas de engajamento de clientes digitais

A SCE investiu US $ 42,3 milhões em tecnologias de engajamento digital de clientes em 2023.

• Aplicativo móvel com 1,2 milhão de usuários mensais ativos
• Plataforma de gerenciamento de contas on -line com 85% de taxa de adoção de clientes
• Sistema de rastreamento de consumo de energia em tempo real

Consultas personalizadas de eficiência energética

A Edison International dedicou US $ 18,7 milhões a programas de consulta de eficiência energética em 2023.

Tipo de consulta	Participantes anuais	Custo médio por consulta
Auditoria de energia residencial	76,500	$225
Avaliação de energia comercial	12,300	$1,450

Programas de divulgação e educação comunitária

A SCE alocou US $ 7,2 milhões para iniciativas de envolvimento da comunidade em 2023.

• 37 workshops de educação comunitária
• 82 programas de conscientização sobre energia escolar
• Alcance de educação energética renovável: 145.000 estudantes

Sistemas de suporte ao cliente responsivos

Investimento de infraestrutura de suporte ao cliente: US $ 22,5 milhões em 2023.

Canal de suporte	Volume de contato anual	Tempo médio de resposta
Suporte telefônico	2,3 milhões de ligações	7,2 minutos
Chat online	890.000 interações	3,5 minutos
Suporte por e -mail	420.000 e -mails	24 horas

Edison International (EIX) - Modelo de Negócios: Canais

Portal de atendimento ao cliente online

A Edison International opera um portal abrangente de atendimento ao cliente on -line com as seguintes métricas principais:

Métrica portal	Dados atuais
Visitantes anuais do site	3,2 milhões
Transações de pagamento de conta on -line	1,8 milhão por ano
Taxa de conclusão da solicitação de atendimento ao cliente	92%

Aplicativo móvel

O aplicativo móvel da Edison International fornece vários serviços ao cliente:

• Rastreamento de uso de energia em tempo real
• Funcionalidade de pagamento da conta
• Sistema de relatórios de interrupção

Estatística de aplicativo móvel	Dados atuais
Downloads de aplicativos totais	687,000
Usuários ativos mensais	412,000
App Store Classificação	4.3/5

Centros de atendimento ao cliente físico

Edison International mantém locais de serviços físicos no sul da Califórnia:

Métrica do centro de serviço	Dados atuais
Locais físicos totais	23
Interações anuais do cliente	456,000
Tempo médio de espera	17 minutos

Comunicações de cobrança direta

Os canais de comunicação de cobrança da Edison International incluem:

• Declarações mensais de cobrança em papel
• Notificações de cobrança por e -mail
• Declarações de cobrança eletrônica

Métrica de comunicação de cobrança	Dados atuais
Total de contas mensais enviadas	5,4 milhões
Taxa de adoção de cobrança eletrônica	68%
Porcentagem de faturamento em papel	32%

Eventos de engajamento da comunidade

A Edison International conduz vários programas de extensão comunitária:

Métrica de engajamento da comunidade	Dados atuais
Eventos anuais da comunidade	87
TOTAL COMUNITÁRIO COMPLETAS	42,000
Programas de educação comunitária	24

Edison International (EIX) - Modelo de Negócios: Segmentos de Clientes

Consumidores de eletricidade residencial

O sul da Califórnia Edison (SCE) atende a aproximadamente 15 milhões de pessoas em 15 municípios da Califórnia, cobrindo 50.000 milhas quadradas.

Categoria de cliente	Número de clientes	Consumo anual de eletricidade
Clientes residenciais	5,1 milhões	86,4 bilhões de kWh

Empresas comerciais e industriais

A Edison International fornece eletricidade a diversos setores comerciais e industriais.

Segmento de negócios	Contagem de clientes	Consumo de eletricidade
Negócios comerciais	250,000	45,2 bilhões de kWh
Clientes industriais	35,000	22,7 bilhões de kWh

Entidades municipais e governamentais

• Servir 191 cidades e municípios
• Fornecer eletricidade a 15 instalações do governo do condado
• Apoie mais de 500 edifícios do governo

Clientes agrícolas

Setor agrícola	Contagem de clientes	Uso anual de eletricidade
Clientes agrícolas	12,500	8,3 bilhões de kWh

Desenvolvedores de projetos de energia renovável

A Edison International apóia o desenvolvimento de energia renovável por meio de vários programas.

Suporte energético renovável	Número de projetos	Capacidade renovável
Conexões do projeto solar	35,000	4.2 GW
Parcerias de energia eólica	85	1.6 GW

Edison International (EIX) - Modelo de Negócios: Estrutura de Custo

Despesas de manutenção de infraestrutura

Para o ano fiscal de 2023, a Edison International relatou despesas de manutenção de infraestrutura de US $ 2,1 bilhões. A quebra dos custos de infraestrutura inclui:

Componente de infraestrutura	Custo anual
Manutenção da grade	US $ 789 milhões
Linha de transmissão Manutenção	US $ 456 milhões
Manutenção da subestação	US $ 345 milhões
Reparos de rede de distribuição	US $ 510 milhões

Custos de geração e transmissão de energia

As despesas de geração e transmissão de energia para 2023 totalizaram US $ 3,4 bilhões, com a seguinte alocação de custos:

• Geração de combustível fóssil: US $ 1,2 bilhão
• Geração de energia renovável: US $ 890 milhões
• Infraestrutura de transmissão: US $ 1,31 bilhão

Investimentos de conformidade regulatória

Os custos de conformidade regulatória da Edison International em 2023 totalizaram US $ 475 milhões, incluindo:

Área de conformidade	Valor do investimento
Regulamentos ambientais	US $ 210 milhões
Conformidade de segurança	US $ 145 milhões
Relatórios e auditoria	US $ 120 milhões

Despesas de pesquisa e desenvolvimento

Os gastos com P&D para Edison International em 2023 foram de US $ 312 milhões, focados em:

• Tecnologias de energia limpa: US $ 145 milhões
• Modernização da grade: US $ 98 milhões
• Soluções de armazenamento de energia: US $ 69 milhões

Compensação e treinamento de funcionários

As despesas totais relacionadas aos funcionários em 2023 atingiram US $ 1,8 bilhão:

Categoria de compensação	Custo
Salários da base	US $ 1,2 bilhão
Benefícios	US $ 380 milhões
Treinamento e desenvolvimento	US $ 220 milhões

Edison International (EIX) - Modelo de Negócios: Receita Fluxos

Vendas de eletricidade para clientes residenciais

O sul da Califórnia Edison (SCE) atendeu 15 milhões de clientes em 2023. A receita residencial de eletricidade para 2022 foi de US $ 11,2 bilhões.

Segmento de clientes	Receita anual	Taxa média
Clientes residenciais	US $ 11,2 bilhões	US $ 0,22 por kWh

Contratos de energia comercial e industrial

As vendas comerciais e industriais de eletricidade geraram US $ 7,5 bilhões em receita para 2022.

• Grandes contratos comerciais: US $ 4,3 bilhões
• Acordos de energia industrial: US $ 3,2 bilhões

Investimentos de projeto de energia renovável

A Edison International investiu US $ 1,2 bilhão em projetos de energia renovável em 2022.

Tipo de energia renovável	Investimento	Receita anual projetada
Projetos solares	US $ 650 milhões	US $ 180 milhões
Energia eólica	US $ 350 milhões	US $ 95 milhões
Armazenamento de bateria	US $ 200 milhões	US $ 45 milhões

Serviços de grade e taxas de infraestrutura

Os serviços de infraestrutura e transmissão de grade geraram US $ 2,3 bilhões em 2022.

• Taxas da linha de transmissão: US $ 1,4 bilhão
• Serviços de manutenção de grade: US $ 900 milhões

Receitas do Programa de Eficiência Energética

Os programas de eficiência energética e resposta à demanda geraram US $ 350 milhões em 2022.

Tipo de programa	Receita
Eficiência energética residencial	US $ 180 milhões
Resposta da demanda comercial	US $ 170 milhões

Edison International (EIX) - Canvas Business Model: Value Propositions

You're looking at the core promises Edison International makes to its customers and the market as of late 2025. These are the tangible benefits driving their regulated utility and non-regulated advisory businesses.

Reliable and resilient electric power delivery to Southern California is foundational. Southern California Edison (SCE), a subsidiary, has a capital plan focused on system reliability and wildfire mitigation. The company plans to invest about $28 billion to $29 billion in electric infrastructure from 2025 through 2028 to support load growth and ensure a resilient system.

Affordability remains a key proposition for SCE customers. As of October 1, 2025, the system average rate for SCE is 29.3 cents/kWh, which positions it as the lowest among California Investor-Owned Utilities (IOUs).

Edison International is actively pioneering a clean energy future. The company has a public commitment to deliver 100% carbon-free energy to SCE customers by the year 2045. This commitment covers the power SCE delivers to customers and Edison International's enterprise-wide operations, including the supply chain.

Public safety is directly addressed through significant investment in grid hardening and wildfire risk reduction. Specific mitigation efforts include deploying over 700+ miles of covered conductor and targeted undergrounding. Furthermore, SCE is recovering approximately $536 million through rates for costs incurred between 2022 and 2023 specifically associated with reducing catastrophic wildfire risk.

For large commercial customers, Edison International offers specialized support through its subsidiary, Trio. Trio provides energy and decarbonization advisory services, helping large organizations navigate the clean energy transition.

Here's a quick look at the scale of Trio's advisory work:

• Trio serves clients spanning the manufacturing, automotive, pharmaceutical, technology, logistics, and real estate sectors.
• Trio has advised on over 12-plus gigawatts of renewable energy procurement deals.
• Trio now serves clients in more than 30 countries.

The value propositions related to infrastructure investment and rate structure can be summarized as follows:

Value Proposition Component	Metric/Data Point	Period/Date	Source Context
Lowest System Average Rate (SCE)	29.3 cents/kWh	Effective October 1, 2025	System Average Rate (includes California Climate Credit)
Clean Energy Target	100% carbon-free energy	By 2045	For SCE customers (retail sales basis)
Infrastructure Investment (Wildfire/Reliability)	$28 billion to $29 billion	2025 to 2028 (Four-year plan)	Electric infrastructure spending focus
Wildfire Risk Reduction Cost Recovery	$536 million	Costs incurred between 2022 and 2023	Amount being recovered through rates
Trio Advisory Scale (Renewables)	12-plus gigawatts	Cumulative advised deals	Renewable energy procurement

The company's commitment to decarbonization is also supported by its enterprise-wide goal to achieve net-zero GHG emissions across Scopes 1, 2, and 3 by 2045.

Edison International (EIX) - Canvas Business Model: Customer Relationships

Edison International (EIX) maintains customer relationships under a highly regulated structure, where service standards are dictated by the California Public Utilities Commission (CPUC). The relationship is directly impacted by regulatory outcomes, such as the CPUC's Proposed Decision on Southern California Edison's (SCE) 2025 General Rate Case (GRC) issued on July 28, 2025. This decision approved total revenues of $41.78 billion for the 2025 through 2028 period, which was $4.39 billion lower than the $46.17 billion SCE had requested for that timeframe.

The mandated service relationship is quantified by the authorized revenue requirement, which directly influences customer rates. The adopted 2025 revenue requirement was set at $9.756 billion. This figure represents an increase of $1.174 billion, or 13.68%, over the 2024 authorized revenue requirement of $8.582 billion. For a typical residential customer using 500 kWh/month, this translated to an estimated bill increase of 9.1 percent in 2025.

Metric	SCE Request (2025-2028 Total)	CPUC Approved (2025-2028 Total)	2025 Revenue Requirement
Total Authorized Revenue ($ in billions)	$46.17	$41.78	N/A
2025 Revenue Requirement ($ in billions)	$10.483	$9.756	$9.756
Increase over 2024 Authorized Revenue Requirement	N/A	N/A	$1.174 billion (or 13.68%)

Edison International (EIX) engages proactively with communities following major events, exemplified by the launch of the Wildfire Recovery Compensation Program for the Eaton Fire, which began on January 7, 2025. This program is designed to operate through 2026. The company mobilized approximately 3,500 personnel by January 10, 2025, to support rebuild efforts after the January 2025 wildfires. Compensation terms include specific financial incentives for claimants:

• $200,000 Direct Claim Premium for resident homeowners who lost their homes.
• 10% added to the net damages portion of an offer to help address legal costs if the claimant is represented by counsel at the time of submission.
• Fast Pay option aims for a settlement offer within 90 days of a substantially complete submission.

Digital self-service platforms and customer service centers are points of direct interaction, though specific 2025 digital usage statistics aren't immediately available. However, innovation in grid management is directly tied to customer benefits. SCE's Advanced Waveform Anomaly Recognition (AWARE) system won the 2025 Edison Award for using AI to proactively identify electric system issues, which helps reduce the number and length of outages, leading to more affordable, available, and reliable electricity for customers. To be fair, SCE had already shown service improvements in the prior year, reducing call wait times and delayed bills in 2024, exceeding corporate customer satisfaction targets across all segments.

Direct regulatory advocacy is crucial for managing customer rate affordability, as seen in the GRC process. Edison International (EIX) and its subsidiary Southern California Edison (SCE) actively advocate for funding that balances safety investments with ratepayer impact. For instance, in the 2025 GRC, SCE advocated for $46.17 billion in revenue, but the CPUC approved $41.78 billion, reflecting a prioritization of affordability over the full requested capital investment. Furthermore, the company noted encouragement from continuing discussions with legislative leaders to enhance California's industry-leading AB 1054 regulatory framework, which is key to cost recovery certainty.

• Edison International reaffirmed its 2025 Core EPS guidance range of $5.94-$6.34.
• The company expressed continued confidence in delivering 5-7% Core EPS growth from 2025 to 2028, projecting a range of $6.74-$7.14 for the later years.

Edison International (EIX) - Canvas Business Model: Channels

You're looking at how Edison International (EIX) physically connects with and communicates to its massive customer base. For a regulated utility like Edison International, the channels are less about flashy marketing and more about iron, wires, and regulatory compliance. It's a physical delivery system first and foremost.

The backbone of the channel strategy is the physical transmission and distribution network across 50,000 square miles. This is the literal conduit for delivering electricity to its customers. As of late 2025, the primary subsidiary, Southern California Edison, is serving approximately 15 million people across Southern, Central, and Coastal California. This physical reach dictates nearly every other channel interaction.

To manage this vast infrastructure and customer base, Edison International relies heavily on digital touchpoints. The customer digital portals for billing and energy management are critical for self-service, reducing call center load, and providing transparency. While specific portal adoption rates aren't public, the company is clearly invested in digital access, as evidenced by ongoing IT system security focus. Furthermore, the utility is actively managing customer load composition; SCE anticipates Direct Access and Community Choice Aggregation (CCA) load will account for approximately 16% and 21% of its total service load by the end of 2025, respectively, which impacts how they manage and communicate grid capacity.

When things go wrong, the direct field service crews for maintenance and emergency response become the most visible channel. Following the January 2025 wildfires, for example, SCE mobilized approximately 3,500 personnel, including mutual aid crews, to support rebuild efforts. This rapid deployment channel is supported by tangible asset replacement metrics; by February 21, 2025, crews had replaced or installed more than 1,875 poles, 700 transformers, and 160 miles of distribution circuits in affected areas. For proactive risk mitigation, SCE is undergrounding infrastructure in high fire risk areas, with approximately 130 circuit miles already initiated in burn scar areas.

The regulatory filings and public hearings are arguably the most critical channel for Edison International's financial health, even if it's not customer-facing in the traditional sense. This channel dictates revenue, capital expenditure recovery, and wildfire liability management. The CPUC's decision on SCE's 2025 General Rate Case (GRC) approved 91% of SCE's proposed capital investments. This regulatory success directly impacts the financial results reported, such as the Q3 2025 core earnings of $2.34 per share on operating revenues of $5.75 billion. The company is constantly communicating its financial position through these channels, with a long-term debt level reported at $34.48 billion as of September 30, 2025. You need to watch these filings closely.

Here's a quick look at some of the key operational and financial metrics that flow through these channels:

Metric Category	Data Point	Value/Amount
Physical Network Scope	Square Miles Served (As per outline)	50,000 square miles
Customer Base	People Served (via SCE)	15 million people
Financial Performance (Q3 2025)	Operating Revenue	$5.75 billion
Financial Performance (Q3 2025)	Core Earnings Per Share (EPS)	$2.34
Financial Health (Sept 30, 2025)	Long-Term Debt	$34.48 billion
Financial Health (9M 2025)	Net Cash Flow from Operating Activities	$4.23 billion
Capital Deployment (Sept 30, 2025)	Total Capital Expenditures	$4.62 billion
Shareholder Return	Annualized Dividend	$3.31
Emergency Response Scale (Jan 2025)	Personnel Mobilized	Approximately 3,500

The flow of information and service delivery is highly structured. You can see the direct link between regulatory outcomes and the financial results that are then communicated via investor relations channels.

• Customer digital portals facilitate access to usage data for partners via methods like online authorizations or paper CISR-DRP forms.
• The company posts all CPUC and FERC filings immediately after filing to its website for SEC Regulation FD compliance.
• Edison International maintains comprehensive statistical data on the electric power industry, accessible through resources like the EEI Financial Review.
• The CEO and CFO post prepared remarks, presentations, and Form 10-Q documents to the investor relations website, www.edisoninvestor.com.

Finance: draft 13-week cash view by Friday.

Edison International (EIX) - Canvas Business Model: Customer Segments

You're looking at the core of Edison International (EIX) business, which is fundamentally split between regulated utility service and non-regulated energy advisory. The primary customer base is served by Southern California Edison (SCE), which is one of the nation's largest electric utilities.

The residential customer base is massive, reaching approximately 15 million people across Southern, Central and Coastal California. This segment is the bedrock of the regulated business, driving the bulk of the utility's revenue requirement approved by the California Public Utilities Commission (CPUC). For context, SCE's capital investment plan for the safe, reliable clean energy grid in 2024 was around $6 billion.

The utility also serves a diverse set of non-residential customers within its regulated territory. You can see the breakdown of customer accounts based on the latest available figures from the end of 2024, which gives you a solid baseline for late 2025 expectations:

Customer Segment (SCE Regulated)	Customer Accounts (in thousands, as of Dec 31, 2024)	Service Area Reach
Residential	4,618	Serving approximately 15 million people
Commercial	611	Southern, Central and Coastal California
Industrial	5	Southern, Central and Coastal California
Public authorities	69	Includes Public Street & Highway Lighting
Total Customer Accounts	5,321	Total for SCE service area

The non-regulated side of Edison International (NYSE: EIX) is served by Trio, which focuses on a very different, high-value customer group. Trio is a global energy advisory firm, not the regulated utility, so it doesn't deal with the same customer counts as SCE.

Trio's customer segments are defined by their scale and complexity, focusing on strategic energy needs rather than just electricity delivery. These clients are typically looking for deep integration of sustainability goals with their operations.

• Large commercial organizations in North America and Europe.
• Industrial organizations requiring integrated sustainability and energy solutions.
• Institutional organizations navigating the clean energy transition.

While a precise 2025 client count isn't public, Trio's impact is measurable in the projects they advise on; for instance, in 2023, they advised on over 1,300+ MW of renewable energy power purchase agreements. This shows the caliber of the organizations they work with, which are large energy consumers looking for strategic shifts.

The overall financial performance reflects the dual nature of these segments. For the nine months ending September 30, 2025, Edison International recorded cash flow from operating activities of $4.23 billion. The utility segment's performance is tied to regulatory outcomes; for example, the 2025 General Rate Case (GRC) final decision positively impacted SCE's third-quarter 2025 core earnings per share. The company narrowed its full-year 2025 core EPS guidance to a range of $5.95 to $6.20 per share.

Edison International (EIX) - Canvas Business Model: Cost Structure

You're looking at the core expenses that drive Edison International's operations, which are heavily weighted toward infrastructure and managing significant external risks. Honestly, for a utility this size, the capital intensity is always front and center.

High Capital Expenditures for Grid Modernization and Safety

Edison International's commitment to hardening the grid and meeting safety mandates requires massive, ongoing investment. As of September 30, 2025, total capital expenditures reached \$4.62 billion year-to-date. This figure is up from $\text{4.21 billion}$ in the same period last year. Southern California Edison, the main operating subsidiary, has a four-year capital plan running through 2028 that is budgeted between $\text{28 billion}$ and $\text{29 billion}$.

The cost structure is dominated by these long-term asset investments, which include:

• Grid upgrades to maintain system integrity and reliability.
• Investments to meet electrification needs, like supporting electric vehicle adoption.
• Wildfire mitigation efforts, such as installing covered conductor.

Operations and Maintenance (O&M) Expenses

Operations and Maintenance (O&M) expenses cover the day-to-day running and upkeep of the vast system, including critical vegetation management programs designed to reduce wildfire risk. For the nine months ended September 30, 2025, O&M expenses totaled \$3,738 million. This was a decrease from the $\text{3,995 million}$ recorded for the first nine months of 2024. In the third quarter alone, O&M costs decreased by 15.6% year-over-year.

Interest Expense on Long-Term Debt

Carrying the necessary infrastructure requires substantial borrowing. As of September 30, 2025, Edison International's long-term debt stood at \$34.48 billion, up from the $\text{33.53 billion}$ level at the end of 2024. This debt load translates directly into significant interest costs. For the first nine months of 2025, the reported interest expense was \$1,293 million.

Here's a quick look at how some of the major operating costs stacked up for the first nine months of 2025 versus 2024:

Cost Category (in millions)	Nine Months Ended Sept 30, 2025	Nine Months Ended Sept 30, 2024
Purchased Power and Fuel	\$3,905	\$4,140
Operation and Maintenance (O&M)	\$3,738	\$3,995
Interest Expense	(\$1,293)	(\$1,401)

Purchased Power and Fuel Costs

These costs are variable, tied to natural gas prices and the need to purchase power on the wholesale market to meet customer demand. For the nine months ending September 30, 2025, these costs were \$3,905 million. This represented a decrease of 10.4% compared to the $\text{4,140 million}$ spent in the same period of 2024, driven by conditions in the third quarter.

Wildfire-Related Liability and Insurance Costs

This is a major, non-routine cost component that heavily influences near-term financial stability. For the first nine months of 2025, Edison International recorded net charges related to wildfire claims (net of recoveries) of (\$1,010 million), meaning they had a net recovery/benefit compared to the $\text{616 million}$ in net charges for the same period in 2024. Separately, the Wildfire Insurance Fund expense remained relatively stable at \$108 million for the nine months ended September 30, 2025. You should note that Q1 2025 alone included \$908 million in non-core wildfire-related costs. The company relies on self-insurance up to $\text{1 billion}$ and access to California's $\text{21 billion}$ Wildfire Fund (AB 1054).

Finance: draft 13-week cash view by Friday.

Edison International (EIX) - Canvas Business Model: Revenue Streams

Edison International's revenue streams are predominantly anchored in the regulated operations of Southern California Edison (SCE), supplemented by non-regulated competitive businesses.

The regulated revenue base is established through the General Rate Case (GRC) process with the California Public Utilities Commission (CPUC). As of late 2025, the proposed decision for the 2025 GRC approved a 2025 base revenue requirement of $9.756 billion for Southern California Edison, representing a 14% increase over the prior level. This mechanism allows Edison International to earn a return on its assets, rather than relying solely on volumetric electricity sales, which is supported by Revenue Decoupling.

The recovery of capital investments is directly tied to this rate base growth. The CPUC's decision on the 2025 GRC approved 91% of SCE's proposed capital investments. The long-term outlook for the rate base supports continued investment, with a projected 6-8% 2023-2028 rate base CAGR. Further authorized revenue increases from the proposed GRC decision include $453 million, or 4.6% in 2026; $411 million, or 4% in 2027; and $374 million, or 3.5% in 2028.

Shareholder returns are primarily driven by core earnings per share (EPS). As of the third quarter of 2025, Edison International narrowed its full-year 2025 core EPS guidance to $5.95-$6.20 per share. This is supported by management's continued confidence in delivering 5-7% core EPS growth from 2025 to 2028.

You should note the structure of the regulated revenue stream, which is designed for stability:

• Revenue Decoupling breaks the link between retail electricity sales volume and revenue recovery.
• Balancing Accounts allow for the collection and refund of differences related to sales volume variances, such as weather.
• Forecast Ratemaking reduces regulatory lag through a four-year GRC cycle with forward-looking test years.

The non-regulated portion of Edison International's revenue comes from its portfolio of competitive businesses, specifically Trio (formerly Edison Energy). Trio generates revenue by providing integrated sustainability and energy advisory services to large commercial, industrial, and institutional organizations across North America and Europe.

Here's a quick look at the key financial metrics guiding the regulated revenue framework:

Metric	Value/Range	Source/Context
2025 Authorized Base Revenue Requirement (Proposed)	$9.756 billion	CPUC 2025 GRC Proposed Decision
2025 Core EPS Guidance (Narrowed)	$5.95 to $6.20 per share	As of October 28, 2025
Authorized Return on Equity (ROE) (2025)	10.33%	Authorized ROE
Rate Base CAGR Projection (2023-2028)	6-8%	Investment in electric-led clean energy future
Capital Investment Approval (2025 GRC)	91% of proposed capital investments	CPUC Decision on 2025 GRC

The ability of SCE to recover costs, including wildfire-related expenses, through regulated rates remains a critical factor influencing revenue realization.

Finance: draft 13-week cash view by Friday.