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Month: November 2021

SECO Energy Board of Trustees Selects New CEO

SECO Energy’s Board of Trustees recently voted to hire a new CEO to step into the shoes of retiring CEO Jim Duncan, who led the cooperative as CEO for most of his long and distinguished 43-year tenure. SECO Energy currently provides electric service to 220,000 homes and businesses across seven counties in fast-growing Central Florida. SECO Energy is a J.D. Power award-winning electric utility and is a frontrunner statewide and nationally with the American Customer Satisfaction Index (ACSI).

 

The candidate selected by the Board of Trustees from both internal executives and external applicants is Mr. Curtis Wynn who has been the President and CEO of Roanoke Electric Cooperative in North Carolina since 1997, a not-for-profit electric utility that serves 14,000 members. Prior to that, Mr. Wynn was the Vice President of Member Services, Information Technology, Marketing and Economic Development from 1981 to 1997 at West Florida Electric Cooperative. Mr. Wynn steps in at SECO Energy in time to transition into Jim Duncan’s departure date of January 3, 2022.

 

Mr. Wynn is married with three children and is a graduate of Troy University with a Bachelor of Science Degree in Business Administration & Management Information Systems. With nearly 42 years of experience in the electric cooperative industry, Mr. Wynn’s resume reflects a long list of awards and accomplishments showing a history of supporting creative solutions that are turning the challenges of the energy industry evolution into major opportunities.

 

Mr. Wynn also serves or has served on a variety of boards including: immediate past board president, National Rural Electric Cooperatives Association (NRECA); past president, vice president and secretary-treasurer of North Carolina Electric Membership Cooperative; board member, North Carolina’s Association of Electric Cooperatives; board member, Meridian Cooperative (formerly Southeastern Data Cooperative – SEDC); and past nominating committee member, CoBank.

 

SECO Energy is a not-for-profit electric cooperative, operated for and owned by its members. SECO’s nine-member Board of Trustees consists of members who live in SECO’s service area. They are elected to oversee the governance of the cooperative. Each Trustee on the Board is elected by the members who reside in his/her District. Collectively, the Trustees are responsible for establishing, reviewing and revising corporate policies to ensure that SECO continues to preserve reliable, affordable service for all members.

 

SECO Energy Board of Trustees President Richard Dennison stated, “Welcome, Mr. Wynn. Our expectation is that you continue the extremely successful legacy that CEO Jim Duncan nurtured throughout his career with SECO Energy and to see our cooperative into the future supporting our strategic goal of providing affordable, reliable electric service.”

 

To view brief bios of SECO Energy’s Board of Trustees and a District boundaries map, visit SECOEnergy.com>Your Co-op>Board of Trustees. “Like” SECO’s Facebook page and “follow” @SECOEnergy on Twitter for news releases and cooperative updates.

 

October 2021 Sunshine State Stats

Fall-like temperatures arrived in Central Florida in October 2021. Cooler morning and nighttime temperatures dipped into the 60s and 70s, while daily highs continued to peak at over 90 degrees. The average temperature for the month was a balmy 78 degrees which is 5 degrees lower than the previous month.

 

October 2021 Sunshine State Stats temps

 

In October 2021, the highest daily temperature recorded was 95 degrees, which is the same as the highest recorded temp in September 2021. The lowest recorded temperature this month was 57 degrees, which 10 degrees lower than the lowest temp recorded in September 2021. Rainfall decreased this month to measure 2.74 inches and is only slightly above October’s average of 2.54 inches.

 

The average high temperature in October 2021 was 88 degrees, and the average low temperature was 69.

 

As a reminder, the Atlantic hurricane season runs through November 30. It is best to remain vigilant and prepared in the event a late-season tropical storm or hurricane turns our way before the end of the season.

 

Although the average monthly temperature and average low and high temperatures have decreased from September 2021, daily temperatures are still warm. Members may notice their energy usage for October 2021 will be slightly less than their usage from September 2021 – unless you’re already running the heat on chilly mornings/evenings. Warm daily temperatures and Florida’s humidity mean HVACs will run for longer periods of time and more frequently to keep the temperatures cool inside. Daily temperature fluctuations also increase HVAC usage.

 

November forecast:

 

The Old Farmer’s Almanac predicts November temperatures will average 66 degrees for the month, which is 5 degrees below average. This means your heating may be operating more frequently than it did last year at this time. Precipitation is forecast to be 1 inch above average. Look for daily highs in the low 80s to high 70s with lows in the low 60s and high 50s.

 

Before winter temperatures arrive, consider scheduling an HVAC tune-up. Regular maintenance helps your unit run more efficiently and can diagnose small issues before they become bigger problems.

 

Take the bite out of damaging surges and spikes with SECO Energy’s Surge MitiGator surge protection. Our meter-based surge arrester protects large appliances by reducing surges BEFORE they enter the meter. Learn more about the Surge MitiGator.

 

To check historical usage, log into SmartHub to view past bills and consumption charts. If your usage is high, SECO offers several energy-efficiency tools to help you identify energy wasters. Take the Home Energy Assessment to receive a detailed email tailored to your home’s features and lifestyle. The energy-saving advice will provide low-cost ways to decrease your usage – and your electric bill.

 

To easily calculate how much energy your appliances, lighting, electronic devices, and other energy-using items in your home consume, use the Energy Estimator.

 

Florida Fauna & Flora – Red Fox

 

Florida Fauna & Flora – Red Fox

 

Red foxes are the size of a small dog and weigh 10 to 15 pounds. Not including their long, bushy tails, they measure about 2 feet long. Red foxes have red hair that varies from rust-colored to golden-red, white bellies, black ear tips and legs. Their hairy, red, bushy tails usually have a white tip.

 

This fox is primarily nocturnal, but you may find it feeding during the day. It is most active at dawn and dusk. Its diet includes rabbits, mice and rats. It may kill more than it can eat and bury the extra for a later meal.

 

Red fox pairs usually mate for life. Breeding takes place in late fall or winter, with gestation lasting 53 days. An average of 5 blind, helpless pups are born per litter that nurse for 2 months and live and learn from adults for about 6 months.

 

Red foxes are a naturalized but not native Florida animal. A naturalized animal has moved into an area and adapted, created a stable or expanding population, and does not require aid for survival or reproduction.

 

Fun Fauna Fact: Gray foxes are often confused with red foxes because much of their hair is red. Red foxes are found in fields and weedy pastures, while gray foxes are more often found in heavily wooded areas.

 

Source: Florida Fish and Wildlife Conservation Commission

 

Read the full November 2021 SECO News online.

SECO News November 2021

SECO Energy CEO, Jim DuncanJust in time for the Christmas season, SECO Energy members are cashing in on Capital Credits. At the September Trustees’ Meeting, your Board approved another record-high Capital Credit retirement of $6.46 million to current and former members. Your Capital Credit retirement amount appears on your November billing statement.

 

SECO Energy was founded as Sumter Electric Cooperative, Inc. in 1938. Since then, the cooperative has regularly retired/returned a portion of the cooperative’s equity to current and former members. In our 83 years in business, we have retired almost $80 million to current and former members.

 

Capital Credits is a concept that is unique to not-for-profit, cooperatively structured businesses. I have often talked about the differences between being a customer of an investor-owned or a municipal utility versus a cooperative member. Capital Credits is one of those differences.

 

Your monthly energy purchases build patronage capital. You and your fellow 220,000+ cooperative members own a portion of SECO’s equity. Ownership is defined through the annual process of allocating each member’s share of the co-op’s margins from the prior year. Individual Capital Credit allocations represent the percentage of the yearly amount of electric service purchased by each member.

 

Capital Credits are the accumulation of all prior years’ revenues after the co-op’s operating costs and expenses are paid. These credits are allocated on a pro-rata basis to each SECO member’s account as Capital Credits. Annually, SECO examines the cooperative’s financial position and makes a recommendation to the Board of Trustees on the “retirement” of Capital Credits. This year’s $6.46 million retirement means SECO is returning a portion of the cooperative’s equity to current and former members.

 

Look for a line item labeled “Capital Credit Ret” on your November billing statement. Active commercial account members with retirements over $600 will receive a check. Former members who receive a retirement over $10 will receive a check. If you move out of SECO’s service area, keep your mailing address updated so we can mail future Capital Credit retirements to your new address.

 

In the latest figures from the National Rural Electric Cooperative Association (NRECA), cooperatives power 56% of the nation’s landmass, including 2.7 million miles of electric distribution lines in 48 states. We are among over 900 electric distribution and generation and transmission cooperatives working together to maintain reliable, safe, affordable power to our local communities. That’s the cooperative difference.

 

SECO Energy members are more than just customers – they are owners as well. Thank you for your SECO Energy membership.

 

Sincerely,

 

Jim Duncan

Chief Executive Officer

 

SECO News November 2021 Advice From The Old Farmer's Almanac

ADVICE FROM THE OLD FARMER’S ALMANAC

Watch the 2021 – 2022 winter skies for amazing views of faraway planets. The Old Farmer’s Almanac recommends watching for Venus at its most brilliant in the early evening hours during December. Look for Venus, the Moon, Saturn and Jupiter coming together as a group during the month. Mercury will make its brightest appearance during the holidays. Catch glimpses of Mars in early January next to the crescent moon in the early morning hours. In February, Mars will be a dim orange below a twinkling Venus in the predawn hours. 2022 promises a year filled with eclipses bringing excitement to the morning and nighttime skies!

 

While you’re out stargazing in the evenings, be on the lookout for nocturnal animals. Read more about red foxes that are active, nocturnal animals on page 4.

 

 

SECO News November 2021 Toys For Tots

TOYS FOR TOTS

SECO Energy employees are playing Santa Claus again this year with our annual corporate Marine Corps Reserve Toys for Tots drive. Members are invited to join us in spreading Christmas cheer by donating a new, unwrapped toy for Toys for Tots. During November, our five Member Service Centers in Eustis, Groveland, Inverness, Ocala or Sumterville serve as public drop-off locations.

 

For many years, SECO employees have been incredibly generous in supporting Toys for Tots. Friendly competition has sprung up between offices and departments to collect the most bikes, trikes and toys. To bolster our corporate giving, SECO’s Pennies from Heaven program has pledged a $5,000 donation this year to complement our employees’ Toys for Tots donations.

 

SECO Energy’s Pennies from Heaven program rounds up members’ bills to the nearest dollar. The donated pennies help members who need bill payment assistance or donations for local charitable causes such as Toys for Tots. If you would like to join your fellow cooperative members in making a difference in our communities one penny at a time, visit SECOEnergy.com > Your Co-op > Pennies from Heaven to enroll in the program. Thank you in advance for your generosity.

 

Since 1947, Toys for Toys has been making a difference in the lives of families. Retired Marines and other volunteers operate Toys for Tots. Volunteers pick up donations and distribute the toys to children in need. All donated toys stay local and are distributed in the area they were donated.

 

Members who would like to register to receive toys donated through Toys for Tots can visit www.ToysforTots.org. Application dates vary by location.

 

 

 

 

SECO News February 2021 Winners' Circle

WINNERS CIRCLE

Engage with our virtual assistant Electra on the phone for a chance to win a $25 gift card. Winners who self-served using Electra are:

 

Leanna Hersey from Floral City

 

Linda Hodgson from Leesburg

 

Cherilyn Glass from Lady Lake

 

Conrad Penchion from Ocala

 

Phyllis Jones from Tavares

 

The latest winner of a SECO Energy Level 2 EV Charger is Ann White from Inverness. To enter, text “EV” to (352) 320-4500 for a link to enter. Or click on the EV Charger Giveaway homepage banner. Visit our Electric Vehicles website section to learn more about the benefits of owning an EV.

 

Winners in our Go Green and Win: Paperless Billing and Bank Draft Incentive

 

Jer-Shang Lin from Clermont is the winner of a $200 SECO Energy bill credit.

 

Alexandra Betancourt from Mascotte is the winner of a NEST thermostat.

 

Rebecca McCorkle from Bushnell is the winner of an Amazon Echo Dot with Alexa.

 

Congratulations to William Heinmiller from Clermont and Mauricio Trinidad from The Villages are the two winners of our EV Virtual Video Showcase drawing! To view the video, visit SECOEnergy.com > Energy Solutions > EV Virtual Showcase. The winners’ names were drawn from the list of all members who entered.

 

Congratulations to our recent winners!

 

Our winner of the generator whose name was draw in September is Rosendo Orozco from Summerfield – drawn from the list of all members enrolled in SECO Energy’s Surge MitiGator surge protection program.

 

Read the full November 2021 SECO News online.