<DOCUMENT>
<TYPE>11-K
<SEQUENCE>1
<DESCRIPTION>STOCK SAVINGS PLUS PLAN
<TEXT>

<PAGE>
<PAGE>

                                 SECURITIES AND EXCHANGE COMMISSION
                                       Washington, D.C. 20549




                                              FORM 11-K
                                            ANNUAL REPORT




[X] Annual report pursuant to Section 15(d) of the Securities Exchange Act
of 1934


For the fiscal year ended              December 31, 1994          
                           ------------------------------------------

                                  Commission File Number 1-9936





                                       STOCK SAVINGS PLUS PLAN

                                          FOR EMPLOYEES OF

                                 SOUTHERN CALIFORNIA EDISON COMPANY
                                      (Full Title of the Plan)




                                               SCEcorp
                                          (Name of Issuer)





    2244 WALNUT GROVE AVENUE (P.O. Box 800), ROSEMEAD, CALIFORNIA 91770
                    (Address of principal executive office)
PAGE
<PAGE>
                              REPORT OF INDEPENDENT PUBLIC ACCOUNTANTS


To the Participants in the Stock Savings Plus Plan of Southern California 
Edison Company and the Board of Directors of SCEcorp:

        We have audited the accompanying statements of financial condition
of the Stock Savings Plus Plan of Southern California Edison Company (the
Plan) as of December 31, 1994, and 1993, and the related statements of
income and changes in plan equity and the allocation of income and changes
in plan equity for each of the three years in the period ended December
31, 1994.  These financial statements are the responsibility of Southern
California Edison Company's management.  Our responsibility is to express
an opinion on these financial statements based on our audits.

        We conducted our audits in accordance with generally accepted
auditing standards.  Those standards require that we plan and perform the
audit to obtain reasonable assurance about whether the financial
statements are free of material misstatement.  An audit includes
examining, on a test basis, evidence supporting the amounts and
disclosures in the financial statements.  An audit also includes assessing
the accounting principles used and significant estimates made by
management, as well as evaluating the overall financial statement
presentation.  We believe that our audits provide a reasonable basis for
our opinion.

        In our opinion, the financial statements referred to above present
fairly, in all material respects, the financial condition of the Plan as
of December 31, 1994, and 1993, and the income and changes in plan equity
for each of the three years in the period ended December 31, 1994, in
conformity with generally accepted accounting principles.



                                                     ARTHUR ANDERSEN LLP
                                                     ARTHUR ANDERSEN LLP

Los Angeles, California
March 29, 1995
page 2
<PAGE>
                                       STOCK SAVINGS PLUS PLAN
                                                 OF
                                 SOUTHERN CALIFORNIA EDISON COMPANY

                                  STATEMENT OF FINANCIAL CONDITION
                                          DECEMBER 31, 1994

<TABLE>
<CAPTION>
                                              Guaranteed                                
                                       SCEcorp  Income    Common    Money 
                                        Stock   Fund--     Stock   Market   Balanced  Bond   Global
                             Total      Fund    3 Yrs.     Fund     Fund      Fund    Fund    Fund    Loans
                             -----     -------  -------   ------   -------  -------   -----  ------   -----
                                                        (Dollars In thousands)

Assets
   Interest 
     <S>                 <C>         <C>       <C>        <C>      <C>      <C>      <C>      <C>    <C> 
     receivable. . . . . $      403  $     30  $    --    $   --   $   373  $    --  $   --   $   -- $    --
   Loan receivable . . .     65,799        --       --        --        --       --      --       --  65,799
   Receivable from 
     broker. . . . . . .      2,953        --       --       126        --    1,507      59    1,261      --
   Investments, at market 
     value:
   SCEcorp common stock -- 
     54,709,915 shares 
     (cost -- $869,304).    800,133   800,133       --        --        --       --      --       --      --
   Guaranteed income
     contracts, at cost
     plus reinvested
     income. . . . . . .     14,437        --   14,437        --        --       --      --       --      --
   Collective funds:
     Common stock 
     investments (cost -- 
     $106,146) . . . . .    111,399        --       --   111,399        --       --      --       --      --
     Short-term income 
        investments, 
        at cost. . . . .     88,741     7,576       --       374    80,186      192      49      364      --
     Balanced fund (cost --
        $63,655) . . . .     66,427        --       --        --        --   66,427      --       --      --
     Bond fund (cost --
        $17,058) . . . .     17,606        --       --        --        --       --  17,606       --      --
     Global fund (cost --
        $90,905) . . . .     94,443        --       --        --        --       --      --   94,443      --
        Total 
        investments. . .  1,193,186   807,709   14,437   111,773    80,186   66,619  17,655   94,807      --
                         ----------  --------  -------  --------   -------  ------- -------  ------- -------
     Total assets        $1,262,341  $807,739  $14,437  $111,899   $80,559  $68,126 $17,714  $96,068 $65,799
                         ==========  ========  =======  ========   =======  ======= =======  ======= =======

Liabilities and Plan Equity
   Payable to brokers 
     and other . . . . . $    2,390  $  2,120  $    --  $     --   $    --  $    94 $    20  $   156 $    --
   Plan equity . . . . .  1,259,951   805,619   14,437   111,899    80,559   68,032  17,694   95,912  65,799
                         ----------  --------  -------  --------   -------  ------- -------  ------- -------
                         $1,262,341  $807,739  $14,437  $111,899   $80,559  $68,126 $17,714  $96,068 $65,799
                         ==========  ========  =======  ========   =======  ======= =======  ======= =======
</TABLE>


The accompanying notes are an integral part of these financial statements.
page 3
<PAGE>
                                       STOCK SAVINGS PLUS PLAN
                                                 OF
                                 SOUTHERN CALIFORNIA EDISON COMPANY

                                  STATEMENT OF FINANCIAL CONDITION
                                          DECEMBER 31, 1993


<TABLE>
<CAPTION>
                                              Guaranteed                                
                                       SCEcorp  Income    Common    Money 
                                        Stock   Fund--     Stock   Market   Balanced  Bond   Global
                             Total      Fund    3 Yrs.     Fund     Fund      Fund    Fund    Fund    Loans
                             -----     -------  -------   ------  -------   -------   ----   ------   -----
                                                 (Dollars In thousands)

Assets
   Interest 
     <S>                 <C>          <C>      <C>        <C>      <C>      <C>     <C>      <C>     <C>  
     receivable. . . . . $      119   $     8  $    --    $   --   $  111   $   --  $   --   $   --  $    --
   Loan receivable . . .     56,487        --       --        --       --       --      --       --   56,487
   Receivable from 
     broker. . . . . . .      3,318     3,318       --        --       --       --      --       --       --
   Investments, at market 
     value:
   SCEcorp common stock -- 
     43,338,557 shares 
     (cost -- $743,645).    866,771   866,771       --        --       --       --      --       --       --
   Guaranteed income
     contracts, at cost
     plus reinvested
     income. . . . . . .     24,204        --   24,204        --       --       --      --       --       --
   Collective funds:
     Common stock 
     investments (cost -- 
     $68,793). . . . . .     92,282        --       --    92,282       --       --      --       --       --
     Short-term income 
        investments, 
        at cost. . . . .     70,980    13,159   15,933       263   41,348      118      38      121       --
     Balanced fund (cost --
        $55,789) . . . .     58,767        --       --        --       --   58,767      --       --       --
     Bond fund (cost --
        $18,789) . . . .     19,227        --       --        --       --       --  19,227       --       --
     Global fund (cost --
        $46,344) . . . .     49,680        --       --        --       --       --      --   49,680       --
        Total 
        investments. . .  1,181,911   879,930   40,137    92,545   41,348   58,885  19,265   49,801       --
                         ----------  --------  -------   -------  -------  ------- -------  -------  -------
     Total assets        $1,241,835  $883,256  $40,137   $92,545  $41,459  $58,885 $19,265  $49,801  $56,487
                         ==========  ========  =======   =======  =======  ======= =======  =======  =======

Liabilities and Plan Equity
   Payable to brokers 
     and others. . . . . $       30  $     --  $    --   $    27  $    --  $    -- $     3  $    --  $    --
   Plan equity . . . . .  1,241,805   883,256   40,137    92,518   41,459   58,885  19,262   49,801   56,487
                         ----------  --------  -------   -------  -------  ------- -------  -------  -------
                         $1,241,835  $883,256  $40,137   $92,545  $41,459  $58,885 $19,265  $49,801  $56,487
                         ==========  ========  =======   =======  =======  ======= =======  =======  =======
</TABLE>
The accompanying notes are an integral part of these financial statements.
page 4
<PAGE>
                                       STOCK SAVINGS PLUS PLAN
                                                 OF
                                 SOUTHERN CALIFORNIA EDISON COMPANY
                           STATEMENT OF INCOME AND CHANGES IN PLAN EQUITY
                                FOR THE YEAR ENDED DECEMBER 31, 1994

<TABLE>
<CAPTION>
                                              Guaranteed                                
                                       SCEcorp  Income    Common    Money 
                                        Stock   Fund--     Stock   Market   Balanced  Bond    Global
                             Total      Fund    3 Yrs.     Fund     Fund      Fund    Fund     Fund   Loans
                             -----     -------  -------   ------   -------  -------   -----   ------  -----
                                                   (In thousands)
Investment Income:
  <S>                     <C>         <C>      <C>       <C>      <C>       <C>      <C>      <C>    <C>  
  Cash dividends . . . .  $  53,552   $ 53,552 $    --   $    --  $    --   $    --  $   --   $   -- $    --
  Interest from loans. .      4,476      3,606      --       297      152       134      35      252      --
  Interest from
     investment. . . . .      4,045        203   1,082         6    2,743         5       1        5      --
                          ---------   -------- -------   -------  -------   -------  ------   ------ -------
     Total investment 
        income . . . . .     62,073     57,361   1,082       303    2,895       139      36      257      --
                         ----------   -------- -------   -------  -------   -------  ------   ------ -------
Increase (Decrease) in  
  Value of Investments .   (222,631)  (225,674)     --     1,520       --       218     182    1,123      --
                         ----------   -------- -------   -------  -------   -------  ------   ------ -------
Contributions:
  Employer contributions,
     including forfei- 
     tures of $153 . . .     21,307     15,541      --     1,920    1,007       986     272    1,581      --
  Participating 
     employees . . . . .     69,971     50,738      --     6,385    3,236     3,277     879    5,456      --
  ESOP transfers . . . .    130,332    130,332      --        --       --        --      --       --      --
                         ----------   -------- -------   -------  -------   -------  ------  ------- -------
     Total contributions    221,610    196,611      --     8,305    4,243     4,263   1,151    7,037      --
                         ----------   -------- -------   -------  -------   -------  ------  ------- -------
     Total investment 
       income, change in 
       value of invest-
       ments, and
       contributions . .     61,052     28,298   1,082    10,128    7,138     4,620   1,369    8,417      --
                         ----------   -------- -------   -------  -------   -------  ------  ------- -------
Deductions:
  Distributions to 
     Participants
     or their 
     beneficiaries . . .     40,548     23,106   1,166     3,740    5,529     2,942   1,082    2,983      --
  Employer contributions 
     and dividends 
     forfeited . . . . .        153         86       1        29       12        15       2        8      --
  Management fee . . . .        991         --      --         1       --       366      75      549      --
  Loans to participants
     net of repayments 
     and loan defaults 
     of $1,214 . . . . .      1,214      7,245      --     1,137      824       565     154      601  (9,312)
                         ----------    ------- -------   -------  -------   -------  ------  ------- -------
     Total deductions. .     42,906     30,437   1,167     4,907    6,365     3,888   1,313    4,141  (9,312)
                         ----------    ------- -------   -------  -------   -------  ------  ------- -------
Interfund 
  Conversions. . . . . .         --    (75,498)(25,615)   14,160   38,327     8,415  (1,624)  41,835      --
                         ----------   -------- -------   -------  -------   -------  ------  ------- -------
     Increase (Decrease) 
       in Plan equity
       for the year. . .     18,146    (77,637)(25,700)   19,381   39,100     9,147  (1,568)  46,111   9,312

Plan equity, at market 
  value, beginning 
  of year. . . . . . . .  1,241,805    883,256  40,137    92,518   41,459    58,885  19,262   49,801  56,487
                         ----------   -------- -------   -------  -------   ------- -------  ------- -------
Plan equity, at market
  value, end of year . . $1,259,951   $805,619 $14,437  $111,899  $80,559   $68,032 $17,694  $95,912 $65,799
                         ==========   ======== =======  ========  =======   ======= =======  ======= =======
</TABLE>
The accompanying notes are an integral part of these financial statements.
page 5
<PAGE>
                                       STOCK SAVINGS PLUS PLAN
                                                 OF
                                 SOUTHERN CALIFORNIA EDISON COMPANY

                           STATEMENT OF INCOME AND CHANGES IN PLAN EQUITY
                                FOR THE YEAR ENDED DECEMBER 31, 1993

<TABLE>
<CAPTION>
                                              Guaranteed                                
                                       SCEcorp  Income    Common    Money 
                                        Stock   Fund--     Stock   Market   Balanced  Bond   Global
                             Total      Fund    3 Yrs.     Fund     Fund      Fund    Fund    Fund    Loans
                             -----     -------  -------   ------   -------  -------   -----  ------   -----
                                                  (In thousands)
Investment Income:
  <S>                      <C>       <C>       <C>       <C>      <C>       <C>      <C>     <C>     <C>  
  Cash dividends . . . .   $ 56,701  $ 53,040  $    --   $ 1,280  $    --   $ 1,513  $   868 $    -- $    --
  Interest from loans. .      1,778     1,561       --        91       56        29       12      29      --
  Interest from
    investment . . . . .      4,496       217    2,973        33    1,224        22       13      14      --
                         ----------  --------  -------   -------  -------   -------   ------  ------ -------
    Total investment 
      income . . . . . .     62,975    54,818    2,973     1,404    1,280     1,564      893      43      --
                         ----------  --------  -------   -------  -------   -------   ------  ------ -------
Increase (Decrease) in  
  in Value of 
  Investments. . . . . .   (85,413) (104,794)       --     7,141       --     7,581    1,324   3,335      --
                         ----------  --------  -------   -------  -------   -------   ------  ------ -------

Contributions:
  Employer contributions,
    including forfei- 
    tures of $124. . . .     21,910    17,851       33     1,722      898       796      316     294      --
  Participating 
    employees. . . . . .     72,162    58,520      132     5,786    2,224     3,187    1,315     998      --
  ESOP transfers . . . .    163,063   163,063       --        --       --        --       --      --      --
                         ----------  --------  -------   -------  -------   -------   ------ ------- -------
    Total contributions.    257,135   239,434      165     7,508    3,122     3,983    1,631   1,292      --
                         ----------  --------  -------   -------  -------   -------   ------ ------- -------
    Total investment 
      income, change in 
      value of invest-
      ments, and
      contributions. . .    234,697   189,458    3,138    16,053    4,402    13,128    3,848   4,670      --
                         ----------  --------  -------   -------  -------   -------   ------ ------- -------
Deductions:
  Distributions to 
    Participants
    or their 
    beneficiaries. . . .     40,470    30,478    2,357     1,704    3,292     1,955      462     222      --
  Employer contributions 
    and dividends 
    forfeited. . . . . .        124        85        7        16       11         3        1       1      --
  Management fee . . . .         52        --       --        46       --        --        6      --      --
  Loans to participants
    net of repayments
    and loan defaults 
    of $149. . . . . . .        149    47,531       --     4,031    1,604     2,235    1,057     178 (56,487)
                         ----------   -------  -------   -------  -------   -------   ------ ------- -------
    Total deductions . .     40,795    78,094    2,364     5,797    4,907     4,193    1,526     401 (56,487)
                         ----------   -------  -------   -------  -------   -------   ------ ------- -------
Interfund 
  Conversions. . . . . .         --   (35,435)  (6,603)    3,745    6,639   (12,986)    (892) 45,532      --
                         ----------  --------  -------   -------  -------   -------   ------ ------- -------
    Increase (Decrease) 
      in Plan equity
      for the year . . .    193,902    75,929   (5,829)   14,001    6,134    (4,051)   1,430  49,801  56,487

Plan equity, at market 
  value, beginning 
  of year. . . . . . . .  1,047,903   807,327   45,966    78,517   35,325    62,936   17,832      --      --
                         ----------  --------  -------   -------  -------   -------  ------- ------- -------
Plan equity, at market
  value, end of year . . $1,241,805  $883,256  $40,137   $92,518  $41,459   $58,885  $19,262 $49,801 $56,487
                         ==========  ========  =======   =======  =======   =======  ======= ======= =======
</TABLE>
The accompanying notes are an integral part of these financial statements.
page 6
<PAGE>
                                       STOCK SAVINGS PLUS PLAN
                                                 OF
                                 SOUTHERN CALIFORNIA EDISON COMPANY

                           STATEMENT OF INCOME AND CHANGES IN PLAN EQUITY
                                FOR THE YEAR ENDED DECEMBER 31, 1992


<TABLE>
<CAPTION>
                                                               Guaranteed
                                                       SCEcorp   Income   Common     Money
                                                        Stock    Fund--    Stock    Market  Balanced   Bond
                                              Total     Fund     3 Yrs.    Fund      Fund     Fund     Fund  
                                              -----    -------  --------  -------   ------  --------   -----

                                                                  (In thousands)

Investment Income:
   <S>                                    <C>         <C>       <C>       <C>      <C>      <C>       <C> 
   Cash dividends. . . . . . . . . . . . .$   55,333  $ 49,725  $    --   $ 2,070  $    --  $ 2,663   $   875
   Interest  . . . . . . . . . . . . . . .     4,778       135    3,523        27    1,083       --        10
                                          ----------  --------  -------   -------  -------  -------   -------
     Total investment income . . . . . . .    60,111    49,860    3,523     2,097    1,083    2,663       885
                                          ----------  --------  -------   -------  -------  -------   -------
Increase (Decrease) in Value of 
   Investments . . . . . . . . . . . . . .  (42,611)  (47,809)       --     3,604       --    1,672      (78)
                                          ----------  --------  -------   -------  -------  -------   -------
Contributions:
   Employer contributions, 
     including forfeitures of $78. . . . .    19,616    16,871      150     1,294      425      694       182
   Participating employees . . . . . . . .    56,629    48,780      414     3,708    1,248    1,972       507
   ESOP transfers. . . . . . . . . . . . .       214       214       --        --       --       --        --
                                           ---------  --------   ------   -------  -------  -------   -------
     Total contributions . . . . . . . . .    76,459    65,865      564     5,002    1,673    2,666       689
                                           ---------  --------   ------   -------  -------  -------   -------
     Total investment income,  
        increase in value of
        investments and contributions. . .    93,959    67,916    4,087    10,703    2,756    7,001     1,496
                                           ---------  --------   ------   -------  -------  -------   -------

Deductions:
   Distributions to Participants
     or their beneficiaries. . . . . . . .    52,549    42,513    3,986     1,800    2,194    1,759       297
   Employer contributions and
     dividends forfeited . . . . . . . . .        78        63        1        11       --        3        --
   Management fee. . . . . . . . . . . . .        50        --       --        45       --       --         5
                                           ---------  --------   ------   -------  -------  -------   -------

     Total deductions. . . . . . . . . . .    52,677    42,576    3,987     1,856    2,194    1,762       302
                                           ---------  --------   ------   -------  -------  -------   -------

Interfund Conversions. . . . . . . . . . .        --  (27,784)  (7,257)    10,739    3,448   13,362     7,492
                                           ---------  --------  -------   -------  -------  -------   -------
     Increase (Decrease) in Plan equity
        for the year . . . . . . . . . . .    41,282   (2,444)  (7,157)    19,586    4,010   18,601     8,686

Plan equity, at market value, beginning 
   of year . . . . . . . . . . . . . . . . 1,006,621   809,771   53,123    58,931   31,315   44,335     9,146
                                          ----------  --------  -------   -------  -------  -------   -------
Plan equity, at market value, end 
   of year . . . . . . . . . . . . . . .  $1,047,903  $807,327  $45,966   $78,517  $35,325  $62,936   $17,832
                                          ==========  ========  =======   =======  =======  =======   =======
</TABLE>
The accompanying notes are an integral part of these financial statements.
page 7
<PAGE>
                                       STOCK SAVINGS PLUS PLAN
                                                 OF
                                 SOUTHERN CALIFORNIA EDISON COMPANY

                                    NOTES TO FINANCIAL STATEMENTS


Note 1.     Investment Program

     First Interstate Bank of California (Trustee) has invested all
contributions in accordance with the instructions of participating
employees (Participants).  The Participants are allowed to make direct
investment of contributions to the Stock Savings Plus Plan (Plan) of
Southern California Edison Company (Edison) into various investment funds.
Funds not immediately required are invested by the Trustee in certain
short-term investments.

     Participants with an accumulated balance in the Plan have the option
each month to allocate their account balances among various investment
programs in addition to the common stock of SCEcorp (SCEcorp Stock Fund). 
Share figures reflect the two-for-one split of SCEcorp common stock
effective June 1, 1993.  The investment options available to participants
were changed effective July 1, 1993.  The investment programs available
as of December 31, 1994, comprise:

(a)  Guaranteed Income Fund -- 3 years -- (Discontinued with respect to new
     contributions effective April 1, 1993.)  The value of each insurance
     contract as of December 31, 1994, is as follows (dollars in thousands):

<TABLE>
<CAPTION>
                                      Insurance                        Interest                 Contract
     Term                              Company                           Rate                     Value
     -----                            ---------                        --------                 --------

     <S>                          <C>                                    <C>                      <C>
     January 1, 1992, to          Hartford Life Insurance                5.34                     $2,417
       December 31, 1994            Company
     April 1, 1992, to            Provident Life and Accident            6.45                      2,336
       March 31, 1995               Insurance Company
</TABLE>
page 8
<PAGE>
                                       STOCK SAVINGS PLUS PLAN
                                                 OF
                                 SOUTHERN CALIFORNIA EDISON COMPANY

                              NOTES TO FINANCIAL STATEMENTS (Continued)


Note 1.  Investment Program (Continued)

(a)  Guaranteed Income Fund (continued)

<TABLE>
<CAPTION>
                                            Insurance                Interest               Contract
Term                                         Company                   Rate                   Value
----                                        ---------                --------                -------

<S>                                 <C>                               <C>                    <C>
July 1, 1992, to                    Provident Life and Accident       5.71%                  $ 3,873
   June 30, 1995                      Insurance Company

October 1, 1992, to                 Transamerica Occidental           4.36                     2,247
   September 30, 1995                 Life Insurance Company

January 1, 1993, to                 Protective Life Insurance         5.63                     1,505
   December 31, 1995                  Company

April 1, 1993, to                   Hartford Life Insurance           4.60                     2,059
   March 31, 1996                     Company
                                                                                            --------
Total                                                                                        $14,437
                                                                                            ========
</TABLE>
(b)  Common Stock Fund -- Collective investment in the Wells Fargo Bank
     Equity Index Fund consisting of 10,458,384 units at a unit value of
     $10.6994 as of December 31, 1994.

(c)  Money Market Fund -- Collective investment in the First Interstate
     Bank Short-Term Income Fund consisting of 7,553,616 units at a unit
     value of $10.6650 as of December 31, 1994.

(d)  Balanced Fund -- Collective investment in the Vanguard Group Wellington
     Fund discontinued effective July 1, 1993 and replaced with a collective
     investment in Frank Russell Trust Company Funds consisting of 6,186,333
     units at a unit value of $10.9972 as of December 31, 1994.

(e)  Bond Fund -- Collective investment in the Wells Fargo Bond Index Fund
     discontinued effective July 1, 1993 and replaced with a collective
     investment in the Frank Russell Trust Company Short-Term Bond Fund
     consisting of 1,667,969 units at a unit value of $10.6082 as of
     December 31, 1994.

(f)  Global Fund -- Collective investment in three Frank Russell Trust
     Company Equity-Based Funds (effective July 1, 1993) consisting of
     8,555,717 units at a unit value of $11.2103 as of December 31, 1994.


page 9
<PAGE>
                                       STOCK SAVINGS PLUS PLAN
                                                 OF
                                 SOUTHERN CALIFORNIA EDISON COMPANY

                              NOTES TO FINANCIAL STATEMENTS (Continued)


Note 1.  Investment Program (Continued)

The number of Participants in each fund was as follows:

<TABLE>
<CAPTION>
                                                                            December 31,
                                                                ------------------------------------
                                                                1994            1993           1992
                                                               ------          ------         ------

    <S>                                                        <C>            <C>            <C>
    SCEcorp Stock Fund . . . . . . . . . . . . . . . . . . .   16,738         16,975         16,333
    Guaranteed Income Fund -- 3 years. . . . . . . . . . . .    1,016          1,492          2,145
    Common Stock Fund. . . . . . . . . . . . . . . . . . . .    5,332          4,501          4,279
    Money Market Fund. . . . . . . . . . . . . . . . . . . .    3,606          2,832          1,412
    Balanced Fund. . . . . . . . . . . . . . . . . . . . . .    3,060          2,257          3,297
    Bond Fund. . . . . . . . . . . . . . . . . . . . . . . .    1,299          1,071          1,658
    Global Fund. . . . . . . . . . . . . . . . . . . . . . .    4,253          2,220             --
</TABLE>
 The conversion of the Participants' investment from the SCEcorp Stock
Fund to all other funds is valued at the month-end closing price.  The
conversion of Participants' investment from all other funds to the SCEcorp
Stock Fund, or to any other fund is based on the actual market value
balance (including earnings and market adjustments) in each Participant's
account, as of the date of conversion.

 As of January 1, 1995, Plan Participants elected to reallocate their
investment fund balances as indicated in the table below.  In order to
reflect year-end market values for the January 1, 1995, conversion, the
Trustee converted securities necessary to reflect "Post-Allocation"
investment distributions prior to December 31, 1994.  The Post-Allocation
amounts are not allocated to Plan Participants until January 1, 1995.

<TABLE>
<CAPTION>
                                                                                     January 1, 1995        
                                                                             -------------------------------
                                                                                Pre-                Post-   
                                                                             Allocation          Allocation 
                                                                             ----------          ----------
                                                                                       (In thousands)

     Fund Balances, at market value:
        <S>                                                                  <C>                  <C>
        SCEcorp Stock Fund . . . . . . . . . . . . . . . . . . . . . . . .   $  807,709           $  808,436
        Guaranteed Income Fund . . . . . . . . . . . . . . . . . . . . . .       14,437               12,005
        Common Stock Fund. . . . . . . . . . . . . . . . . . . . . . . . .      111,773              112,441
        Money Market Fund. . . . . . . . . . . . . . . . . . . . . . . . .       80,186               82,719
        Balanced Fund. . . . . . . . . . . . . . . . . . . . . . . . . . .       66,619               65,704
        Bond Fund. . . . . . . . . . . . . . . . . . . . . . . . . . . . .       17,655               17,761
        Global Fund. . . . . . . . . . . . . . . . . . . . . . . . . . . .       94,807               94,120
                                                                             ----------           ----------
                                                                             $1,193,186           $1,193,186
                                                                             ==========           ==========
</TABLE>
 Effective June 1, 1993, a loan option was offered to Participants. As of
December 31, 1994, 6,500 Participants had loans outstanding.  Funds for
the loan are withdrawn from the Participant's vested balance and repaid
through payroll deductions.  The interest rate charged is prime plus 1%. 
At December 31, 1994, the interest rate was 9.5%.
page 10
<PAGE>
 
                                      STOCK SAVINGS PLUS PLAN
                                                 OF
                                 SOUTHERN CALIFORNIA EDISON COMPANY

                              NOTES TO FINANCIAL STATEMENTS (Continued)


Note 2.  Unrealized Market Appreciation (Depreciation)

 Unrealized market appreciation or depreciation of units in the SCEcorp
Stock Fund, Common Stock Fund, Balanced Fund, Global Fund, and Bond Fund
held by the Plan is the difference between the acquisition cost and the
market value of such investments.  Unrealized market appreciation at the
beginning of each year is reconciled to the unrealized market appreciation
at the end of each year, by fund, as follows:

                                            
<TABLE>
<CAPTION>
                                                                        Realized (Gain)/Loss
                                Unrealized                            ------------------------   Unrealized
                                 Market       Increase                                             Market
                              Appreciation,  (Decrease)    Transfer   Withdrawal                Appreciation
                              Beginning of   in Value of     from         and       Interfund   (Depreciation)
                                  Year       Investments     ESOP     Forfeitures  Conversions    End of Year
                              -------------  -----------   --------   -----------  -----------  --------------
                                                            (In thousands)

     Year ended December 31, 1994:
        <S>                     <C>        <C>           <C>            <C>         <C>          <C>
        SCEcorp Stock Fund .    $123,126   $(225,674)    $ 22,033       $  600      $ 10,744     $(69,171)
        Common Stock Fund. .      23,489       1,520           --         (151)      (19,605)       5,253
        Balanced Fund. . . .       2,978         218           --         (370)          (54)       2,772
        Bond Fund. . . . . .         438         182           --          (31)          (41)         548
        Global Fund. . . . .       3,336       1,123           --         (983)           62        3,538
                                --------    --------     --------      -------      --------     --------
          Total. . . . . . . .  $153,367   $(222,631)    $ 22,033      $  (935)     $ (8,894)    $(57,060)
                                ========    ========     ========      =======      ========     ========


     Year ended December 31, 1993:
        SCEcorp Stock Fund . .  $197,033   $(104,794)    $ 74,781      $(7,707)     $(36,187)    $123,126
        Common Stock Fund. . .    21,469       7,141           --          (35)       (5,086)      23,489
        Balanced Fund. . . . .    10,356       7,581           --          (75)      (14,884)       2,978
        Bond Fund. . . . . . .       481       1,324           --          (12)       (1,355)         438
        Global Fund. . . . . .        --       3,335           --            1            --        3,336
                                --------   ---------     --------     --------      --------     --------
          Total. . . . . . . .  $229,339   $ (85,413)    $ 74,781      $(7,828)     $(57,512)    $153,367
                                ========   =========     ========     ========      ========     ========

     Year ended December 31, 1992:
        SCEcorp Stock Fund . .  $270,988    $(47,809)    $     --     $(14,743)     $(11,403)    $197,033
        Common Stock Fund. . .    18,211       3,604           --         (346)           --       21,469
        Balanced Fund. . . . .     9,195       1,672           --         (511)           --       10,356
        Bond Fund. . . . . . .       592        (78)           --          (33)           --          481
                                --------    --------     --------     --------      --------     --------
          Total. . . . . . . .  $298,986    $(42,611)    $     --     $(15,633)     $(11,403)    $229,339
                                ========    ========     ========     ========      ========     ========
</TABLE>
     



page 11
<PAGE>
                                       STOCK SAVINGS PLUS PLAN
                                                 OF
                                 SOUTHERN CALIFORNIA EDISON COMPANY

                              NOTES TO FINANCIAL STATEMENTS (Continued)

Note 3.  Distributions and Forfeitures

    The balances in the accounts of Participants withdrawing from the Plan
during 1994, 1993 and 1992, and amounts disbursed to such Participants in
settlement thereof, were as follows:

<TABLE>
<CAPTION>
                                                                              Cash and
                                                                             Securities           Non-Vested
                                                          Balances in       Disbursed in          Portion of
                                                         Participants'      Settlement of          Balances
                                                           Accounts          Withdrawals           Forfeited
                                                         ------------       -------------         ----------
                                                                            (In thousands)
     Year Ended December 31, 1994
     At average cost:
        <S>                                                <C>                <C>                    <C>
        SCEcorp stock fund . . . . . . . . . . . . . . .   $23,792            $23,677                $115
        All other funds. . . . . . . . . . . . . . . . .    15,974             15,913                  61
                                                           -------            -------                ----
          Total at cost. . . . . . . . . . . . . . . . .   $39,766            $39,590                $176
                                                           =======            =======                ====
     At market value:
        SCEcorp stock fund . . . . . . . . . . . . . . .   $23,192            $23,106                 $86
        All other funds. . . . . . . . . . . . . . . . .    17,509             17,442                  67
                                                           -------            -------                ----
          Total at market value. . . . . . . . . . . . .   $40,701            $40,548                $153
                                                           =======            =======                ====

     Year Ended December 31, 1993
     At average cost:                 
        SCEcorp stock fund . . . . . . . . . . . . . . .   $22,856            $22,777                $ 79
        All other funds. . . . . . . . . . . . . . . . .     9,910              9,871                  39
                                                           -------            -------                ----
          Total at cost. . . . . . . . . . . . . . . . .   $32,766            $32,648                $118
                                                           =======            =======                ====
     At market value:
        SCEcorp stock fund . . . . . . . . . . . . . . .   $30,563            $30,478                $ 85
        All other funds. . . . . . . . . . . . . . . . .    10,031              9,992                  39
                                                           -------            -------                ----
          Total at market value. . . . . . . . . . . . .   $40,594            $40,470                $124
                                                           =======            =======                ====
          
     Year Ended December 31, 1992
     At average cost:
        SCEcorp stock fund . . . . . . . . . . . . . . .   $27,833            $27,775                $ 58
        All other funds. . . . . . . . . . . . . . . . .     9,161              9,146                  15
                                                           -------            -------                ----
          Total at cost. . . . . . . . . . . . . . . . .   $36,994            $36,921                $ 73
                                                           =======            =======                ====
     At market value:
        SCEcorp stock fund . . . . . . . . . . . . . . .   $42,576            $42,513                $ 63
        All other funds. . . . . . . . . . . . . . . . .    10,051             10,036                  15
                                                           -------            -------                ----
          Total at market value. . . . . . . . . . . . .   $52,627            $52,549                $ 78
                                                           =======            =======                ====
</TABLE>
page 12
<PAGE>
                                       STOCK SAVINGS PLUS PLAN
                                                 OF
                                 SOUTHERN CALIFORNIA EDISON COMPANY

                              NOTES TO FINANCIAL STATEMENTS (Continued)


Note 3.  Distributions and Forfeitures (Continued)

    "All other funds" include:  (a) the Guaranteed Income Fund -- 3 years,
(b) the Common Stock Fund, (c) the Money Market Fund, (d) the Balanced
Fund (e) the Bond Fund and (f) the Global Fund.  The detail of the
distributions by fund is reflected, at market, in the accompanying
Statements of Income and Changes in Plan Equity for the years ended
December 31, 1994, 1993 and 1992.

    The cost of funds reflects the increase due to diversification.  Each
time funds are diversified, the market value of the funds invested becomes
the new cost.  Thus, the cost basis is adjusted to the market value of the
previous fund prior to transfer.

    Cash contributions by Edison are reduced by the difference between the
balances of the Participants' accounts (so calculated) and the amounts
disbursed in settlement thereof (so calculated).  For purposes of the
Plan, this difference is deemed to be the funds forfeited by withdrawing
Participants.

    Participant withdrawals, which are settled in cash, are funded through
sales of investments being distributed.  Therefore, the market values
reflected in the preceding table represent the proceeds received by the
Plan upon disposition.


Note 4.  Plan Equity

    Distributions and withdrawals made by participants as of December 31,
1994, but not yet paid by the plan are classified as a component of plan
equity instead of liabilities.  Included in plan equity as of December 31,
1994 and 1993 are distributions and withdrawals which withdrawing
participants had elected to receive as follows:

<TABLE>
<CAPTION>
                                                                                           December 31,     
                                                                                      --------------------- 
                                                                                        1994          1993
                                                                                      -------        ------
                                                                                          (in thousands)
     SCEcorp Stock Fund:
        SCEcorp common stock, at market value (246,713
          <S>                                                                           <C>         <C>
          and 67,649 shares at respective dates) . . . . . . . . . . . . . . . . . .    $3,608      $ 1,353
        Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .     1,685        1,518
     All other funds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .     4,672          657
                                                                                        ------      -------
        Total. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .    $9,965       $3,528
                                                                                        ======      =======
</TABLE>
page 13
<PAGE>

                                       STOCK SAVINGS PLUS PLAN
                                                 OF
                                 SOUTHERN CALIFORNIA EDISON COMPANY

                              NOTES TO FINANCIAL STATEMENTS (Continued)

Note 4.  Plan Equity (continued)


    At December 31, 1994, there were 54,709,915 shares held by the SCEcorp
Stock Fund with a market value of $14.625 per share.  The average
unrealized market appreciation per share of a particular Participant can
be determined as the difference between the average cost of all shares
purchased for the Participant's account and the quoted market price of
$14.625 per share at December 31, 1994.  The balances in each
Participant's account in all other funds are measured in dollars and
reflect interfund conversions, earnings and market appreciation or
depreciation.


Note 5.  Tax Status of the Plan and Trust

    The Plan, as amended effective October 1, 1986, qualifies under Section
401(a) of the Internal Revenue Code (Code), is exempt from taxation under
Section 501(a) of the Code and meets the requirements applicable to cash
or deferred compensation arrangements under Section 401(k) of the Code. 
Distributions from qualified plans are taxable to the recipients under the
provisions of Section 402 of the Code.  It is Edison's opinion that
amendments to the Plan made subsequent to October 1, 1986, will not affect
the tax status of the Plan.  A determination request was submitted to the
IRS in 1994 with respect to such amendments.


Note 6.  Amendment to the Plan

    The Company elected to amend the Plan to accept the systematic transfer
of amounts from the Employee Stock Ownership Plan (ESOP) that have been
held for 84 months or more.  The remaining balance in the ESOP was
transferred in 1994 and the ESOP was terminated.

    The Plan was amended in 1993 to provide a participant loans feature, to
provide for monthly processing of plan transactions instead of quarterly,
to change the investment funds as described in Note 1, and to make certain
other administrative changes.  The Plan was amended and restated in 1994
to adopt changes required by the Tax Reform Act of 1986 and various other
laws.
page 14
<PAGE>

                                             SIGNATURES



     Pursuant to the requirements of the Securities Exchange Act of 1934,
the trustees (or other persons who administer the plan) have duly caused
this annual report to be signed on its behalf by the undersigned hereunto
duly authorized.

                                    SOUTHERN CALIFORNIA EDISON COMPANY
                                         STOCK SAVINGS PLUS PLAN




                           By                Georgia R. Nelson
                              --------------------------------------------
                                             Georgia R. Nelson
                                                  Chair
                                Employee Benefits/Health Care Committee


March 29, 1995
page 15
<PAGE>

                                            EXHIBIT INDEX


Exhibit
Number                                      Description

  1         Summary Annual Report of Stock Savings Plus Plan of Southern
            California Edison Company for the year ended December 31, 1993.

  2         Consent of Independent Public Accountants.
<page 16>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-1
<SEQUENCE>2
<TEXT>

                                                              Exhibit 1
1993 SUMMARY ANNUAL REPORT FOR
STOCK SAVINGS PLUS PLAN (SSPP)


This is a summary of the annual report for the Southern California Edison
Company Stock Savings Plus Plan, EIN 95-1240335-002, for January 1, 1993,
through December 31, 1993  The annual report has been filed with the
Internal Revenue Service, as required under the Employee Retirement Income
Security Act of 1974 (ERISA).

Basic Financial Statement

Benefits under the plan are provided by a trust and insurance.  Plan
expenses were $40,794,018.  These expenses included $40,742,057 in
benefits paid to participants and beneficiaries, and $51,961 in other
expenses.  A total of 16,740 persons were participants in or beneficiaries
of the plan at the end of the plan year, although not all of these persons
had yet earned the right to receive benefits.

The value of plan assets, after subtracting liabilities of the plan, was
$1,241,804,820 as of December 31, 1993, compared to $1,047,903,713 as of
January 1, 1993.  During the plan year, the plan experienced an increase
in its net assets of $193,901,107.  This increase includes unrealized
appreciation and depreciation in the value of plan assets; that is, the
difference between the value of the plan's assets at the end of the year
and the price the plan originally paid for these assets.  It also includes
a transfer of $163,063,061 during 1993 from the SCE Employee Stock
Ownership Plan (ESOP).  The plan had a total income of $71,632,064
including employer contributions of $21,910,614 employee contributions of
$72,161,013, gains of $22,177,044 from the sale of assets and losses from
investments of $44,616,607.

Minimum Funding Standards

Enough money was contributed to the plan to keep it funded in accordance
with the minimum standards of ERISA.

Your Rights to Additional Information

You have the right to receive a copy of the full annual report, or any
part thereof, on request.  The items listed below are included in that
report:

   1.     An accountant's report;
   2.     Assets held for investment; and
   3.     Transactions in excess of three percent of plan assets.

To obtain a copy of the full annual report, or any part thereof, write or
call the office of the Secretary of the Employee Benefits/Health Care
Committee (the Committee is the Plan Administrator), 8631 Rush Street,
Rosemead, California 91770, (818) 302-5209.  The charge to cover copying
costs will be $2.25 for the full report, or $0.10 per page for any part
thereof.
<PAGE>
<PAGE>
1993 SUMMARY ANNUAL REPORT FOR
STOCK SAVINGS PLUS PLAN (SSPP)
Page 2


You also have the right to receive from the Plan Administrator, on request
and at no charge, a statement of the assets and liabilities of the plan
and accompanying notes or both.  If you request a copy of the full annual
report from the Plan Administrator, these statements and accompanying
notes will be included as part of that report.  The charge to cover
copying costs given above does not include a charge for the copying of
these portions of the report because these portions are furnished without
charge.

You also have the legally protected right to examine the annual report at
the main office of the plan, 8631 Rush Street, Rosemead, California 91770,
and at the U. S. Department of Labor in Washington, D.C., or to obtain a
copy from the U. S. Department of Labor upon payment of copying costs. 
Requests to the Department should be addressed to:  Public Disclosure
Room, Pension and Welfare Benefit Administration, Department of Labor, 200
Constitution Avenue, N.W., Washington, D.C. 20210.

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-2
<SEQUENCE>3
<TEXT>

                                                          Exhibit 2



              CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS


    As independent public accountants, we hereby consent to the
incorporation by reference of our report dated March 29, 1995 (the Report
of Independent Public Accountants), appearing on page 2 in this report on
Form 11-K for the Stock Savings Plus Plan of Southern California Edison
Company into the previously filed Registration Statements of SCEcorp which
follow:

         Registration Form    File No.       Effective Date

            Form S-8          33-32302       June 2, 1993
            Form S-8          33-46713       June 2, 1993
            Form S-8          33-46714       June 2, 1993
            Form S-3          33-47389       June 2, 1993
            Form S-8          33-51225       November 30, 1993
            Form S-3          33-44148       September 17, 1993



                                         ARTHUR ANDERSEN LLP
                                         ARTHUR ANDERSEN LLP

Los Angeles, California
March 29, 1995





</TEXT>
</DOCUMENT>