EIX · 8-K · 20261030PR000075

Capital Expenditure Plan

EDISON INTERNATIONAL · 2026-10-30 · Importance 64 · Surprise 42 · No source text

Edison forecasts approximately $38–$41 billion of capital expenditures from 2026 through 2030 to strengthen reliability, resilience, and readiness for customer needs. The plan includes 2025 General Rate Case approval, CAISO-awarded FERC transmission projects, advanced metering infrastructure spending, and a planned 2029 GRC request. The forecast includes non-GRC spending subject to future regulatory requests and annual FERC Formula Rate updates; the company notes that future requests, permitting delays, and operational considerations could affect annual spending. Edison also cites continued long-term capital investment opportunities beyond 2030.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
cashnegativecommitted—Edison International’s 2026–2030 consolidated financing plan includes $38–$41 billion of capital-plan uses and $7–$9 billion of dividends.
cashnegativeprobable—Edison International’s capital plan includes approximately $2 billion of CAISO-awarded FERC transmission projects beyond 2030.
assetspositiveprobable—Edison International’s capital plan includes approximately $2 billion of CAISO-awarded FERC transmission projects beyond 2030.
cashnegativeprobable—Approximately 50% of the advanced metering infrastructure program’s projected $3.1 billion spend is forecast for 2031–2033.
assetspositiveprobable—Approximately 50% of the advanced metering infrastructure program’s projected $3.1 billion spend is forecast for 2031–2033.
cashnegativecommitted—Edison International forecasts capital expenditures of $7.3 billion in 2026, $7.6 billion in 2027, $7.6 billion in 2028, $9.0 billion in…
assetspositivecommitted—Edison International forecasts capital expenditures of $7.3 billion in 2026, $7.6 billion in 2027, $7.6 billion in 2028, $9.0 billion in…