secwatch.observer — SEC 8-K summary
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Issuer:     EDISON INTERNATIONAL (EIX)
CIK:        0000827052
Form:       8-K
Filed at:   2023-12-26T23:59:59+00:00
Accession:  0000827052-23-000106
Event type: regulatory
Sentiment:  positive
Materiality: 0.70
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

CPUC approves SCE's 2024 cost of capital; ROE increases to 10.75% from 10.05%
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- CPUC approved SCE's advice letter adjusting authorized cost of capital for 2024, effective December 22, 2023.
- Common equity ROE authorized at 10.75% (2023: 10.05%); overall rate of return set at 7.87% (2023: 7.44%).
- Capital structure unchanged: 43% long-term debt, 5% preferred equity, 52% common equity.
- Edison International will provide 2024 EPS guidance on its Q4 2023 earnings call.
- SCE's allowed ROE increase expected to support higher earnings from California regulated operations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/827052/000082705223000106/0000827052-23-000106-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/92103/000082705223000106/eix-20231222x8k.htm
  HTML page:      https://secwatch.observer/filing/0000827052-23-000106

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