Southern California Edison Company-2024-18Schedule 4 SOUTHERN CALIFORNIA EDISON COMPANY
FRANCHISE STATEMENT
For the Calendar Year Ended December 31, 2023
City of Grand Terrace
Franchise Ordinance No. 13
Computation of franchise payment: Two percent (2%) of gross annual receipts arising from use, operation,
or possession of franchise, but not less than one percent (1%) of gross annual receipts derived from sale of
electricity within limits of City, plus Direct Access Municipal Surcharge.
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Item
a. Gross annual receipts derived from sale of electricity within limits of City. $ 13,456,469.94
b. One percent (1%) of gross annual receipts derived from sale of electricity
within limits of City. $ 134,564.70
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Item
1. Gross annual receipts derived from sale of electricity in all service areas. $ 15,992,385,198
2. Original cost of electric plant, exclusive of electric plant held for future
use, intangible plant, new construction work not yet in operation and
rental properties. $ 61,519,458,711
3. Original cost of transmission and distribution systems, consisting of towers,
poles, underground conduits, conductors, line transformers, services and
appurtenances. $ 36,228,712,188
4. Gross annual receipts allocable to transmission and distribution systems:
Item 1 x Item 3 $ 9,417,890,415
Item 2
5. Total miles of transmission and distribution systems. 82,402.84
6. Miles of transmission and distribution systems under franchise in City. 38.37
7. Gross annual receipts arising from use, operation, or possession of
franchise:
Item 4 x Item 6 $ 4,385,339.82
Item 5
8. Two percent (2%) of item 7. $ 87,706.80
Direct Access Municipal Surcharge $ 1,777.81
FRANCHISE PAYMENT $ 136,342.51
VERIFICATION
Southern California Edison (SCE) is sending this verified statement without the
accompanying notary seal. SCE believes that this statement satisfies its obligations I hereby certify that the foregoing
under the Franchise and Franchise Act of 1937. The Franchise Act of 1937 (Public Franchise Statement is based on the
Utilities Code Section 6201 et seq) does not require that SCE’s verification be Company's accounting records for the
be notarized. SCE has accompanied its verified statements in the past with a notary year ended December 31, 2023, and
seal as a courtesy to you. To the extent you require a notarized seal, please contact accurately reflects the use of such
Rebecca Lansing at rebecca.lansing@sce.com. Please provide an email address records in the preparation thereof to
or mailing address to which it should be sent. the best of my knowledge and belief.
_________________________________
Sotha Kim
General Accounting Manager,
Non-Energy Billing & Franchise Fees