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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 19, 2005
SOUTHERN CALIFORNIA EDISON COMPANY
(Exact name of registrant as specified in its charter)
CALIFORNIA 001-2313 95-1240335
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
2244 Walnut Grove Avenue
(P.O. Box 800)
Rosemead, California 91770
(Address of principal executive offices, including zip code)
626-302-1212
(Registrant's telephone number, including area code)
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing
obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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This current report includes forward-looking statements. These forward looking statements are based on
current expectations and projections about future events based on knowledge of facts as of the date of this
current report and assumptions about future events. These forward-looking statements are subject to various
risks and uncertainties that may be outside the control of Southern California Edison Company. Southern
California Edison Company has no obligation to publicly update or revise any forward-looking statements, whether
as a result of new information, future events, or otherwise.
Section 1 - Registrant's Business and Operations
Item 1.01 Entry into a Material Definitive Agreement
As reported in Southern California Edison Company's ("SCE") Current Report on Form 8-K filed December
22, 2004, the Edison International and SCE Compensation and Executive Personnel Committees (the "CEPs") approved
target annual incentives and goals for 2005 for executive officers of Edison International and its affiliates,
including its subsidiary SCE, under the Edison International Executive Incentive Compensation Plan (the "Plan")
on December 16, 2004. Under the Plan, annual incentive compensation is determined on the basis of company,
organizational and individual performance relative to corporate goals. At its meeting on May 19, 2005, the SCE
CEP revised the Plan goals in place for 2005 based on updates to general corporate goals approved by the Board of
Directors. A copy of the revised goals for 2005 is attached hereto as Exhibit 99.1. Such information is
incorporated herein by reference.
On May 19, 2005, the Board of Directors of Edison International adjusted director compensation as
described in the Edison International Director Compensation Schedule, as adopted May 19, 2005, and adopted terms
and conditions governing the Edison International 2005 Director Nonqualified Stock Options. The Board of
Directors of SCE took action to increase director compensation in accordance with the actions of the Board of
Directors of Edison International. The compensation schedule and the terms and conditions are attached hereto as
Exhibits 99.2 and 99.3, respectively. Such information is incorporated herein by reference.
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Section 5 - Corporate Governance and Management
Item 5.02 Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers
On May 19, 2005, the Board of Directors of SCE elected Thomas M. Noonan as Senior Vice President and
Chief Financial Officer of SCE, and Linda G. Sullivan as Vice President and Controller of SCE. Both elections
will become effective and Mr. Noonan will cease to be Vice President and Controller of SCE at the open of
business on June 1, 2005. Mr. Noonan has been serving as Chief Financial Officer of SCE on an interim basis
since March 17, 2005, and as Vice President and Controller of SCE and Edison International, the parent holding
company of SCE, since March 1999. Mr. Noonan is 53 years of age. Mrs. Sullivan is 41 years of age and has
served as Assistant Controller of Edison International since May 2002, and Assistant Controller of SCE since
March 2005. Since 1991, Mrs. Sullivan has worked for Edison International in a variety of progressive management
positions including responsibilities in accounting, finance, business planning and budgeting, external financial
reporting, and regulatory and Sarbanes-Oxley compliance. She served as a manager in the Controllers department
of Edison International from September 1999 until she began serving as Assistant Controller. Mrs. Sullivan also
acted as Controller of Edison Select, an Edison International indirect subsidiary engaged in the business of
offering retail products and services, from September 1999 through August 2001. Edison Select was sold in August
2001.
Section 9 - Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits.
(c) Exhibits
See the Exhibit Index below.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this
report to be signed on its behalf by the undersigned hereunto duly authorized.
SOUTHERN CALIFORNIA EDISON COMPANY
(Registrant)
/s/ Thomas M. Noonan
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Thomas M. Noonan
Vice President, Chief Financial Officer and Controller
DATE: MAY 25, 2005
EXHIBIT INDEX
Exhibit No. Description
99.1 2005 performance goals for the Edison International Executive Incentive
Compensation Plan, as adopted May 19, 2005.
99.2 Edison International Director Compensation Schedule, as adopted May 19, 2005.
99.3 Edison International Director Nonqualified Stock Options 2005 Terms and Conditions.
