9. Assignment of Proceeding

Timothy Alan Simon is the assigned Commissioner and Maribeth A. Bushey is the assigned ALJ in this proceeding.

Findings of Fact

1. DRA protested this application and performed an audit of Edison's accounting in support of the application.

2. The parties filed and served a Settlement Agreement which is Attachment A to today's decision.

3. The Settlement Agreement reflects a downward adjustment of 22% from Edison's requested amount.

4. The Settlement Agreement is reasonable in light of the record, consistent with the law, and in the public interest.

Conclusions of Law

1. The Settlement Agreement fully resolves and settles all disputed issues between Edison and DRA in this proceeding.

2. The Settlement Agreement is reasonable in light of the whole record, consistent with law, and in the public interest.

3. The Settlement Agreement should be approved.

4. No hearings are necessary.

5. The following documents should be made part of the evidentiary record in this proceeding, without the need for cross-examination of sponsoring witnesses, solely for the purpose of evaluating the reasonableness of the settlement:

(a) Amended Catastrophic Event Memorandum Account Testimony- 2007. Wind and Firestorms, dated June 2, 2010;

(b) Errata to Amended Catastrophic Event Memorandum Account Testimony-2007 Wind and Firestorms, dated June 16, 2010; and

(c) Errata and Update to Reflect Most Recent Recorded Information to Amended Catastrophic Event Memorandum Account Testimony- 2007 Wind and Firestorms, dated December 17, 2010.

6. This decision should be effective today so that the Settlement Agreement may be implemented expeditiously.

7. Application 10-04-026 should be closed.

ORDER

IT IS ORDERED that:

1. The March 15, 2011, motion by Southern California Edison Company and the Division of Ratepayer Advocates for approval of Settlement Agreement is granted.

2. The Settlement Agreement is Attachment A to today's decision and is approved.

3. Southern California Edison Company is authorized to include in distribution rates $8.073 million from the 2007 Wind and Firestorm Catastrophic Events Memorandum Account.

4. The following documents are made part of the evidentiary record in this proceeding, without the need for cross-examination of sponsoring witnesses, solely for the purpose of evaluating the reasonableness of the settlement:

(a) Amended Catastrophic Event Memorandum Account Testimony- 2007 Wind and Firestorms, dated June 2, 2010;

(b) Errata to Amended Catastrophic Event Memorandum Account Testimony-2007 Wind and Firestorms, dated June 16, 2010; and

(c) Errata and Update to Reflect Most Recent Recorded Information to Amended Catastrophic Event Memorandum Account Testimony- 2007 Wind and Firestorms, dated December 17, 2010.

5. No evidentiary hearings are necessary.

6. Application 10-04-026 is closed.

This order is effective today.

Dated July 28, 2011, at San Francisco, California.

MICHAEL R. PEEVEY

President

TIMOTHY ALAN SIMON

MICHEL PETER FLORIO

CATHERINE J.K. SANDOVAL

MARK J. FERRON

Commissioners

D1107038/A1004026 ATTACHMENT A Bushey