EIX · 10-Q · 2026Q3 · Full report
Capital Expenditure Outlook
EDISON INTERNATIONAL · 2026-10-29 · Importance 61 · Surprise 32 · From source text
Total capital expenditures, including accruals, were $5.0 billion for the nine months ended September 30, 2026, compared with $4.7 billion in the same 2025 period. SCE’s forecast for 2026–2030 is $37.5 billion to $40.6 billion of total capital expenditures and a weighted-average annual rate base of $50.8 billion to $67.9 billion. The CAISO’s May 2026 transmission plan reassessed and modified or removed some previously approved projects, offset by newly approved projects. SCE’s anticipated capital expenditures for CAISO-approved transmission projects remain approximately $3 billion, with approximately $1 billion included in the 2026–2030 forecast.
Key facts
- SCE forecasts total capital expenditures of $37.5 billion to $40.6 billion for 2026–2030 and weighted average annual rate base of $50.8 billion to $67.9 billion for 2026–2030. source
- SCE's anticipated capital expenditures for CAISO-approved transmission projects remain approximately $3 billion, of which approximately $1 billion is included in the 2026–2030 total capital expenditure forecast. source
- The CAISO approved its 2025–2026 Transmission Plan in May 2026, identifying new transmission projects expected to be constructed by SCE and finalizing reassessment of certain SCE projects from the 2022–2023 Transmission Plan. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | committed | -34.3% | SCE forecasts total capital expenditures of $37.5 billion to $40.6 billion for 2026–2030 and weighted average annual rate base of $50.8… |
| cash | negative | committed | -1.8% | SCE's anticipated capital expenditures for CAISO-approved transmission projects remain approximately $3 billion, of which approximately $1… |