v3.26.1
Revenue
3 Months Ended
Mar. 31, 2026
Revenue from Contract with Customer [Abstract]  
Revenue Revenue
The following table is a summary of SCE's revenue:
Three months ended
March 31,
(in millions)20262025
Revenue from contracts with customers1
 Commercial$1,350 $1,548 
 Residential2,150 1,579 
 Other550 642 
Total revenue from contracts with customer
4,050 3,769 
Alternative revenue program and other2
46 33 
Total operating revenue$4,096 $3,802 
1SCE recorded CPUC revenue based on annual revenue requirement set by a methodology established in the GRC proceeds and FERC revenue authorized through a formula rate. For further information, see Note 1.
2Includes differences between revenues from contracts with customers and authorized levels for certain CPUC and FERC revenues.
At March 31, 2026 and December 31, 2025, SCE's receivables related to contracts from customers were $2.5 billion and $2.7 billion, respectively, which include accrued unbilled revenue of $1.0 billion and $1.2 billion, respectively.
Deferred Revenue
As of March 31, 2026, SCE has deferred revenue of $338 million related to the sale of the use of transfer capability of West of Devers transmission line, of which $13 million and $325 million are included in "Other current liabilities" and "Other deferred credits and other long-term liabilities," respectively, on SCE's condensed consolidated balance sheets. The deferred revenue is amortized straight-line over the period of 30 years starting in 2021.