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Author: Amanda Richardson

SECO News May 2023

Dear Members,

 

SECO Energy is continually working to expand its online interactive tools to engage with you through new platforms and increase member engagement. I invite you to log on to SECOEnergy.com > Newsroom > System Improvement Map to view one of our latest resources.

 

RELIABILITY PROJECTS MAP

With SECO crews or contractors spread throughout our 2,100-square-mile service area, the System Improvement Map displays when and where crews are working on projects that improve service reliability and maintain existing infrastructure. The map also displays recently completed projects.

 

Want to know if we are working in your area? Input your service address in the search bar and click on your address when it appears. The map displays your location. Use the zoom plus/minus buttons to view events occurring in your area that improve reliability and maintain our expanding electric system.

 

Vegetation management assessments, tree trimming, facilities inspections, pole replacements, substation voltage conversions, area light work, underground equipment maintenance and other projects that improve the quality of your electric service are shown on the Reliability Projects tab. To learn more about a project, click its corresponding icon on the map that shows work type, status, and project duration. The “Additional Info” hyperlink provides more details, including possible planned outages for crews to work safely.

 

EXPANSION PROJECTS MAP

SECO Energy’s electric facilities investment has grown to over $1 billion. With Florida’s population boom, we’re not slowing down. The Expansion Projects tab displays where we are building new infrastructure to support growth. You’ll see icons for new and upgraded radio communication towers, substation upgrades and fiber installations.

 

The Expansion Projects map shows two substations under construction. The first in South Lake County near Clermont, called Sawgrass, will handle the booming growth in that area. The second substation, Landstone, is in Sumter County for The Villages, which continues its expansion.

 

If you have questions about Reliability or Expansion Projects, click the FAQ tab or use the Contact Us tab to drop us a line. Follow us on social media for cooperative events, promotions, prize drawings and news releases.

 

COMMUNICATIONS BY EMAIL, TEXT OR VOICE

Our interactive maps are complemented by a communications system that generates emails, text and/ or voice notifications to proactively alert you when crews are conducting a system improvement project in your locale. View or update your communications preferences by visiting SECOEnergy.com > StormCenter > Manage Notifications. Atlantic hurricane season arrives June 1, be sure your contact information and communications preferences are updated to receive outage alerts.

 

Best regards,

 

Curtis Wynn

Chief Executive Officer

 

 

SECO News May 2023 Safety Corner - Generator Safety

SAFETY CORNER: GENERATOR SAFETY

Learn how to use a generator properly and safely if you plan to use a portable or stationary generator as a backup power source during a power outage. Become familiar with the generator, read and follow the owner’s manual and safety instructions prior to operation. Always test the equipment at the start of hurricane season.Generator Safety QR code link

 

    • A qualified electrical contractor must install the generator with a disconnect and transfer switch and should perform repairs or service.
    • An incorrect connection to an electrical panel could electrocute the user or endanger our employees and contractors.
    • A permit is required to install a permanent generator and only a qualified electrician should perform the work.
    • Prior to running your generator, always disconnect it from your metered electric utility service.
    • Never run a portable generator indoors or in a garage; operate it only in well-ventilated areas away from open windows. Generators create deadly, odorless carbon monoxide (CO).
    • Store fuel away from children in approved containers. Do not fuel the generator while it is running. Extinguish flames and cigarettes when handling fuel.
    • Keep a charged, approved fire extinguisher near the generator.
    • Use undamaged and appropriately gauged extension cords.
    • Never remove or tamper with a generator’s safety devices.
    • Generator engines become very hot during operation. Severe burns may result through contact. Keep children away.

 

Using or installing an electric generator improperly can cause property damage, severe injury or even death. Members using a generator to operate life-saving equipment should verify the generator’s compatibility. Learn more about proper generator use and safety tips on our website generator safety video.

 

 

SECO News May 2023 PCA Adjustments

POWER COST ADJUSTMENT

The Price of Energy is DECREASING on Bills Calculated After May 1.

 

As our CEO Curtis Wynn reported in his March 23 Annual Meeting update, SECO forecasted a positive Power Cost Adjustment (PCA) in the coming months. The natural gas market (the main fuel used to generate power) has been volatile during the last year. The PCA, titled “Power Cost ADJ” on your billing statement, allows SECO to adjust for the rise or fall of fuel costs in real-time.

 

For several months, members who have used 1,000 kilowatt hours (kWh) of electricity during a billing cycle were charged an additional $15 to cover the PCA. On May 1, the PCA decreases to zero. Effectively, adjustments to the energy rate, customer charge and PCA result in a $9 decrease for an average residential bill using 1,000 kWh.

 

 

SECO Energy Foundation

SECO Energy Foundation

 

The SECO Energy Foundation’s mission is to fund grants for Bill Payment Assistance, Energy-related Projects, Educational STEM Projects, Scholarships, Veterans’ Initiatives, Public Safety Programs, Environmental Projects, and Health and Human Services initiatives. The three grants issued thus far in 2023 support Public Safety, Health and Human Services, and Environmental causes.

 

MARION COUNTY FIRE RESCUE (MCFR)

 

The Foundation awarded $5,319 to equip three MCFR fire engines with updated material. The improved equipment empowers the rescue team to respond to emergency calls, provide civic services, and protect a team of first responders who risk their lives to help the community in the event of a fire, rescue, or medical emergency.

 

Marion County Fire Rescue Lieutenant Henry Herrera expressed, “The Marion County Fire Rescue team is thankful for the grant award that will help MCFR to respond to and provide service and protection to Marion County residents. The grant will purchase needed equipment to meet new challenges the MCFR team faces in responding to fire, rescue and medical emergencies.”

 

FIND, FEED & RESTORE

 

Joining in the fight to help homeless families, the SECO Energy Foundation awarded a $2,500 grant to Find, Feed & Restore to support the Restore Lake Project. The Restore Lake Project provides temporary housing for ten to 14 local families with children. Find, Feed & Restore provides transitional, free and permanent housing, as well as women’s mental health and domestic violence centers in Lake County.

 

Find, Feed & Restore Vice President of Development Stephen Shylkofski applauded the Foundation’s support, saying, “We are thankful for the opportunity to build on the partnership with the SECO Energy Foundation to grow our programs in Lake and Sumter Counties. Along with the SECO Energy Foundation and our other community partners, we can achieve our goal of eradicating homelessness from our communities.”

 

TROUT LAKE NATURE CENTER

A $22,000 grant to support Environmental Initiatives was awarded to the Trout Lake Nature Center (TLNC). The funding will aid TLNC, a nonprofit 501c3 corporation, in rebuilding a portion of a vital boardwalk that crosses the 230-acre preserve. In the past eight years, the Trout Lake Nature Center has hosted over 500 field trips and reached 215,708 students.

 

Trout Lake Nature Center’s Executive Director, Eileen Tramontana, shared, “People from throughout SECO’s service area come to TLNC. Almost every visitor uses the boardwalk, and most education programs do also. Renovating this boardwalk should have a significant impact on education efforts at TLNC.”

 

The SECO Energy Foundation is funded primarily by members who round their bills up to the nearest dollar. The average donation is $6 per year. The Foundation can also apply for grants that align with the SECO Energy Foundation’s goals.

 

Members who wish to discontinue rounding up to donate the extra pennies to the Foundation can visit SECOEnergy.com > Contact. You can also log into SmartHub and change your enrollment status, email CustomerService@SECOEnergy.com, call (352) 793-3801 or write to SECO Energy, Attn: Corp Comm, P.O. Box 301, Sumterville, FL 33585.

 

 

SECO News May 2023 Hurricane Season Forecast: A Message From District 8 Trustee Bill James

THE ATLANTIC HURRICANE SEASON IS FAST APPROACHING.

NOW IS THE TIME TO PREPARE FOR THE START OF THE SEASON ON JUNE 1.

WE URGE ALL MEMBERS TO HAVE THEIR HURRICANE SUPPLIES READY AND A PLAN IN PLACE FOR THE SAFETY OF LOVED ONES AND PROPERTY.
DON’T DISREGARD THE WARNINGS BEFORE A STORM HITS. THOSE WHO PREPARE REDUCE THE CHANCES OF LIFE-THREATENING CONDITIONS.

 

Looking ahead to this year’s hurricane season, Colorado State University Tropical Meteorology Project Forecast summarized 2023 will have slightly below-average activity. They forecast this hurricane season will be close to the historical average, with 13 named storms. Not to be overlooked is their estimate that two storms will be major hurricanes (Category 3 and above).

 

SECO Energy is StormReady and prepared to respond to outages caused by summer thunderstorms, tropical storms and hurricanes. Members can report a new power outage and check the status of a current outage via StormCenter 24/7 using a mobile device or call our automated IVR phone assistant.

 

If a member of your family has special needs, add your name to the Special Needs Registry at www.FloridaDisaster.org and review shelter, evacuation and emergency services details. SECO Energy’s restoration priorities are feeders that serve shelters, schools, hospitals and government/ public safety facilities. Next, we focus on restoring service to feeders with the highest member count. Those who require continuous electric service for life-sustaining medical equipment should have a backup power source or prepare to evacuate to a shelter.

 

Essential supplies disappear quickly when a hurricane approaches. For help getting started with a supply plan, review our Hurricane Handbook at SECOEnergy.com > Safety > Hurricane Handbook.

 

 

SECO Energy Named a 2023 Tree Line USA Utility for 16th Year

SECO Energy has been named a 2023 Tree Line USA Utility by the Arbor Day Foundation. Tree Line USA recognizes public and private utilities that help to preserve and enhance America’s urban forests. This is the sixteenth year that SECO Energy has attained the Tree Line USA accolade.

 

Tree Line USA is a national program that is enabled through a partnership between the Arbor Day Foundation and the National Association of State Foresters. Tree Line USA fosters the coexistence of reliable and safely delivered electricity amidst communities that maintain healthy tree populations.

 

Tree Line USA Standards

Recognized as a Tree Line USA utility for sixteen years in a row, SECO Energy once again strived to meet five program standards. These require utilities to follow industry standards for quality tree care; provide yearly worker training in best tree care practices; sponsor a tree planting and education program; maintain a tree-based energy conservation program; and participate in an Arbor Day celebration.

 

Arbor Day Foundation logoThis year is the 151st Anniversary of Arbor Day, celebrated on the last Friday of April. The Arbor Day Foundation is celebrating its 51st Anniversary this year. Since its inception, it has helped plant and distribute nearly 500 million trees in more than 50 countries worldwide. Learn more about Arbor Day and its mission.

 

“Trees are essential to creating more urban green space in communities across the United States,” said Dan Lambe, CEO of the Arbor Day Foundation. “They also offer significant benefits to residents, including clean air, clean water and the necessary shade provided by trees. Service providers like SECO Energy are demonstrating how easily trees and utilities can coexist for the benefit of communities and residents.”

 

Consistent Tree Care Pays Off

CEO Curtis Wynn recognizes SECO Energy’s Vegetation Management team for their sustained excellence as a Tree Line USA Utility. Wynn said, “Congratulations to the Vegetation Management team for adhering to the Arbor Day Foundation’s Tree Line USA standards for 16 years. This is quite an achievement, and we are very proud of your commitment to quality tree care in America’s urban forests. SECO Energy makes significant investments into its vegetation management program and adheres to best practices for the safe management of our existing rights-of-way to reduce power outages.”

 

Wynn continued, “SECO Energy consistently supports good stewardship of the environment. We want SECO Energy members to know that healthy, well-groomed trees planted in the right place can help reduce their annual energy costs.”

 

SECO Energy, Right Tree, Right Place graphic 2022Visit Right Tree Right Place for tips on planting trees away from power lines and how trees can help reduce annual energy bills. SECO Energy has also launched online energy efficiency tools to help members reduce energy consumption and costs. The Home Energy Assessment is an online energy audit tailored to each member’s home and lifestyle. A member may enter details about their home that impact energy use and efficiency. This information enables SECO Energy to send free energy-saving advice. The Energy Estimator calculates the cost of electrical devices typically found in most homes. Members who provide their email address receive tips on energy efficiency and other savings opportunities.

 

“Like” SECO Energy on Facebook and follow @SECOEnergy on Twitter for prize drawings, news releases, and severe weather alerts affecting SECO Energy’s service territory. Manage outage notification preferences at StormCenter. To see when SECO Energy crews/contractors are working in your area, visit our new System Improvement Map. To learn more about SECO Energy as a not-for-profit cooperative, visit About SECO Energy.

 

Trout Lake Nature Center Project Receives Grant from SECO Energy Foundation

The SECO Energy Foundation announced a grant has been awarded to Trout Lake Nature Center (TLNC), located in the Eustis area. The $22,000 Environmental Projects grant was approved during the SECO Energy Foundation’s first quarterly Board of Directors Meeting. The funding will provide backing to TLNC, a non-profit 501 (c)(3) corporation, to replace a portion of a critical boardwalk that crosses the 230-acre preserve.

 

Over the last eight years, Trout Lake Nature Center has conducted over 500 field trips and reached 215,708 students. The $22,000 grant will fund a boardwalk replacement project that will allow students and members from Central Florida to enjoy the Nature Center’s environmentally friendly wetlands, mesic flatwoods and lake bottom that comprise most of TLNC.

 

Trout Lake Nature Center Grant Will Have “Significant Impact”

Trout Lake Nature Center’s Executive Director Eileen Tramontana, stated, “People throughout SECO Energy’s service area frequent the TLNC. Almost every visitor uses the boardwalk, and most education program participants do also. Renovating our boardwalk will have a significant impact on education efforts at TLNC.” The center’s walking trails are open to the public throughout the year.

 

Trout Lake Nature Center has been serving the Central Florida community through nature education, awareness, and resource conservation since 1988. It is governed by a board of directors with the assistance of an executive director and a small staff. These, along with a steady volunteer force maintain the facilities and habitats and develop and conduct programs. TLNC is supported through donations, program fees, fundraisers, grants and loyal membership.

 

SECO Energy CEO Curtis Wynn “Pleased with grant decisions”

SECO Energy CEO Curtis Wynn applauded the grant. “I am pleased with the grant decisions made by the SECO Energy Foundation in its first few months of activity. The support of this project to the Trout Lake Nature Center delivers a message of conservation, education and environmental awareness to the residents of and visitors to Central Florida.”

 

The SECO Energy Foundation District 9 Board Director Matthew Roudabush stated, “Trout Lake Nature Center allows hundreds of students the educational opportunity to explore nature in person, and the Foundation Board believes helping to repair the boardwalk will enable more students and individuals to continue visiting this local environmentally friendly site.”

 

TLNC provides approximately 65 to 70 student field trips (from Pre-K to 5th grade) annually and traveling on the boardwalk to the education dock is an important part of school field trips. TLNC will rebuild the remaining section starting May 2023 with funding from several grants.

 

To learn more about the SECO Energy Foundation, visit SECOEnergy.com>Your Co-op. “Like” SECO Energy on Facebook and follow @SECOEnergy on Twitter for prize drawings, news releases, and severe weather alerts affecting SECO Energy’s service territory. Manage your outage notification preferences at StormCenter. To see reliability and expansion projects in your area, visit our new System Improvement Map. To learn more about SECO Energy as a not-for-profit cooperative, visit SECOEnergy.com > Your Co-op > About.

SECO Energy Board of Trustees Elects 2023 Officers

SECO Energy Board of Trustees elected its 2023 Officers during the March Trustee meeting. District 3 Trustee Gerald Anderson was re-elected Board President, Scott Boyatt District 1 Trustee was re-elected as Board Vice President and District 9 Trustee Morgan Hatfield was elected Secretary/Treasurer.  

 

SECO Energy is a not-for-profit electric cooperative operated for and owned by its members. Members from each District elect a fellow member for a three-year term to represent them on the SECO Board of Trustees. Collectively, the nine-member SECO Board of Trustees represents all members by meeting monthly to monitor the cooperative’s governance process, provide fiduciary oversight, and participate in policy decisions that serve the best interests of the members at large. 

 

Board President

District 3 Trustee Gerald Anderson was re-elected Board President for a second term. Mr. Anderson has been a SECO Energy member since 2013 and resides in The Villages. His first election to the SECO Energy Board of Trustees was in 2019. He earned his Credentialed Cooperative Director’s Certificate (CCD), his Board Leadership Certificate (BLC) and his Director Gold Credential (DGC) from the National Rural Electric Cooperative Association (NRECA) in 2021.  

 

Board President Anderson said he is pleased to be involved with a group of such dedicated leaders. “I am humbled, honored, and thankful to the Trustees for their confidence in electing me President for another term. It’s exciting to work with such a diverse, well-educated Board and staff to chart the next course for SECO Energy. Our Board is well prepared to tackle what may prove to be the most challenging electric cooperative business environment of any generation.” 

 

Board Vice President

District 1 Trustee Scott Boyatt retained his office as Vice President. Mr. Boyatt has been a SECO Member since 2004 and resides in Clermont. His first election to the Board was in 2013. Since joining the SECO Board, he has completed the Credentialed Cooperative Director’s Certificate (CCD), the Board Leadership Certificate (BLC), and has achieved Director Gold Credentials from the NRECA. 

 

Mr. Boyatt stated, “Through my Board of Trustees service, I look forward to helping guide SECO Energy through the remarkable growth in our service area as we support SECO’s Strategy Map.”  

 

Board Secretary/Treasurer

District 9 Trustee Morgan Hatfield joins the Officers as its Secretary/Treasurer and has served on the Board of Trustees since 2021. Ms. Hatfield successfully completed her Credentialed Cooperative Director’s Certificate (CCD), the Board Leadership Certificate (BLC) and her Director Gold Credential (DGC) from the National Rural Electric Cooperatives Association (NRECA).  

 

Ms. Hatfield stated, “It is an honor to serve my neighbors and fellow SECO Energy members through my service on the Board of Trustees. It is especially meaningful to begin serving in an Officer position as Secretary/Treasurer.” 

 

CEO Curtis Wynn’s Comments

SECO Energy CEO Curtis Wynn applauded the commitment of the Board and its vision. “I truly believe we have a Board of Trustees that is in total alignment with the Mission, Vision, and Core Values of SECO. These three Officers have demonstrated their dedication to improving their fiduciary oversight and industry knowledge. We all benefit from their service and are grateful for their efforts.” 

 

The NRECA offers a Director Certification Program for not-for-profit electric cooperative Trustees. It aims to help participants understand their roles and responsibilities and stay up to date on important issues and energy trends while preparing them to meet the challenges facing electric cooperatives now and in the future. The DGC recognizes directors/trustees seeking a credential that confirms their ongoing dedication to extending their knowledge and fulfilling their fiduciary duty in cooperative governance with the highest standards. 

 

To learn more about the Board of Trustees, visit SECOEnergy.com>Your Co-op. “Like” SECO Energy on Facebook and follow @SECOEnergy on Twitter for prize drawings, news releases, and severe weather alerts affecting SECO Energy’s service territory. Manage your outage notification preferences at StormCenter. To see reliability and expansion projects in your area, visit our new System Improvement Map. To learn more about SECO Energy as a not-for-profit cooperative, visit SECOEnergy.com > Your Co-op > About.

 

March 2023 Sunshine State Stats

Spring arrived in March 2023. While daily high temperatures increased during the month, cold temperatures continued as well. High daily temperatures ranged between the mid 60s and low 90s. Low daily temperatures dipped into the 40s.

 

March 2023 Sunshine State Stats temps

 

The average temperature for March 2023 was 72 degrees, which was 2 degrees higher than last month’s average. The average high was 84 degrees while the average low was 60 degrees. With the shifting temperatures from cool to hot during the month, members may notice increased kilowatt hour (kWh) usage as they used both heating and cooling in their homes. HVAC is the largest energy-user in Central Florida homes – accounting for 35 to 40% of kWh usage on average.

 

The highest daily recorded temperature (data from the Leesburg KLEE weather station) in March was 92 degrees and the lowest 44 – the highest daily recorded temperature in February was 88 degrees and the lowest 46. March 2023 lacked rainfall – only .16 inches – which is drastically lower than the March average of 4.03 inches.

 

April forecast:

 

Daily highs in the 90s will continue through April with lows in the mid to high 60s. The best chance of rain comes early in the month, but dry conditions are predicted to continue.

 

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.

 

SECO Energy Trustee Shannon Wright Earns Director Gold Credential

SECO Energy District 5 Trustee Shannon Wright has successfully completed the requirements to earn the Director Gold Credential (DGS) from the National Rural Electric Cooperative Association (NRECA).

 

According to the NRECA, the DGC recognizes directors/trustees who desire a tangible credential that demonstrates their ongoing commitment to advancing their knowledge and performing their fiduciary duty to the best of their ability. The DGC offers a continuing education path for directors/trustees beyond the Credentialed Cooperative Director (CCD) and Board Leadership Certificate (BLC).

 

SECO Energy is a not-for-profit electric utility operated for and owned by its members. SECO’s nine-member Board of Trustees consists of members who live in SECO’s service area. Trustees are elected to oversee the governance of the cooperative. Each Trustee on SECO Energy’s 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.

 

Trustee Wright resides in Lake Panasoffkee and has been a SECO Energy member since 2014. She was elected to the SECO Energy Board of Trustees in 2022.

 

Mrs. Wright stated, “I am proud to join the other Board Trustees who have achieved the Director Gold Credential from the NRECA. This process has equipped me to better serve not just the SECO Energy members I represent in District 5, but our electric cooperative as a whole. My experience as a SECO Energy Trustee has been a rewarding one.”

 

CEO Curtis Wynn extended his congratulations to Trustee Wright, expressing his enthusiasm for the industry knowledge enrichment undertaken by the Board Trustee. “Congratulations, Mrs. Wright, on achieving the NRECA’s Director Gold Credential. Your commitment to the NRECA educational path is a benefit to SECO Energy, its members and the Board of Trustees. Thank you for expanding your preparedness to serve at such a high level.”

 

To learn more about the Board of Trustees, visit SECOEnergy.com>Your Co-op. “Like” SECO Energy on Facebook and follow @SECOEnergy on Twitter for prize drawings, news releases, and severe weather alerts affecting SECO Energy’s service territory. Manage your outage notification preferences at StormCenter. To see reliability and expansion projects in your area, visit our new System Improvement Map. To learn more about SECO Energy as a not-for-profit cooperative, visit SECOEnergy.com > Your Co-op > About.

 

Members Tuned in for SECO Energy’s 85th Annual Meeting

SECO Energy members tuned in virtually for the Cooperative’s 85th Annual Meeting on March 23, 2023. SECO Energy Board of Trustees President Gerald Anderson and CEO Curtis Wynn presented their reports to members in a virtual meeting that streamed on the energy cooperative’s website, Facebook Live and YouTube. Members who missed the meeting can view the Annual Meeting video on YouTube.

 

Florida statute requires the Meeting to be held annually, and a quorum was achieved by member participation in voting on Annual Meeting business – a process that closed when President Anderson called the Meeting to order. In total, member voting participation reached 14,375 – which is record-high participation in Annual Meeting business from members across every part of the service territory. Members voted to approve both the 2022 Annual Meeting Minutes and a Bylaws revision establishing virtual online Annual Meetings as the delivery platform moving forward.

 

CEO Curtis Wynn shared updates related to operation costs, efficiency initiatives, growth projections, and SECO Energy Foundation funding and grant activities.

 

GROWTH

 

SECO’s 15.5% electric service membership growth between 2017 and 2022 is expected to continue. Wynn stated, “At today’s growth rate, SECO will hit the 250,000-member mark quickly, and may step up to be the largest electric Cooperative in Florida.” With over 230,000 members, SECO is currently the third-largest electric cooperative in Florida and the seventh largest in the country.

 

CORPORATE INITIATIVES

 

Wynn revealed a recently launched multi-year Strategy Map outlining SECO’s Mission, Vision, and updated Core Values that include Safety, Member Commitment, Honesty and Integrity, Accountability, Teamwork and an Inclusive Culture. Wynn said, “Our employees embody these traits, and we look for these characteristics when we hire new team members.”

 

EFFICIENCY INITIATIVES

 

While wholesale power costs continue to rise, SECO’s Technology Roadmap outlines current and future innovations to increase efficiency at SECO. The Advanced Metering Infrastructure (AMI) project began a test period in early March. After data is analyzed, the systemwide implementation will continue, with a goal of replacing 7,000 to 9,000 meters each month until completion in three to four years. Combined with the new AMI meters, SECO’s SmartHub online account management interface will offer unprecedented energy usage information to members.

 

Efforts to elevate online member service were highlighted during the meeting. SECO’s Home Energy Assessment and Energy Estimator are online energy-efficiency tools found on SECOEnergy.com. The Home Energy Assessment is an online home energy audit, while the Energy Estimator calculates estimated energy usage from all sources in the home.

 

Also cited was the cooperative’s commitment to in-home electric vehicle charging, in which an EV Level 2 fast charger may be either leased or purchased and installed at a member’s premises. SECO is also accepting pre-enrollments in an EV monthly incentive program for members who agree to charge their electric vehicles during Super Off-Peak hours (midnight to 6 a.m.). More information about both EV offerings can be found at SECOEnergy.com.

 

COSTS AND BUDGET

 

Costs are rising at an astronomical rate. Even as a not-for-profit utility, SECO Energy is not immune to inflation and the economic downturn that began in 2020. As a result of rising costs. SECO reported an unprecedented increase in its 2023 capital budget. In 2022, the capital budget totaled $76,520,000; for 2023, SECO necessarily increased the capital budget by 57% to equal $119,795,000 to cover rising costs.

 

In response to the cost increases, CEO Wynn announced an increase to the customer charge effective May 1 to $34.50 per billing cycle. The monthly line-item fee is meant to fund the fixed costs of providing electric service. CEO Wynn added, “It became painfully clear that SECO cannot avoid a customer charge increase.”

 

A projection of wholesale fuel cost reductions paints a brighter outlook for members. Wynn said, if realized, the outlook may provide an opportunity to “positively impact” members’ bills.

 

SECO ENERGY FOUNDATION

 

The SECO Energy Foundation approved its first three grants in the first quarter 2023. These included transitional housing support in Lake County, the purchase of fire truck equipment for Marion County and the replacement of a Trout Lake Nature Center boardwalk in the Eustis area. The SECO Energy Foundation also accepted applications for scholarships from high school seniors in the first quarter.

 

The SECO Energy Foundation is proving to be a successful source of grant funding support for the communities SECO serves. But the Cooperative understands that rounding up one’s electric bill to the next even dollar to support the Foundation is a personal choice. Mr. Wynn reviewed the many ways members can discontinue supporting the Foundation if that is their desire.

 

The Annual Meeting concluded with the announcement of the 100 prize winners. All members who voted on Annual Meeting business were eligible to win. Members can view the Annual Meeting video to learn if they were a prize winner by visiting SECOEnergy.com or its YouTube channel.

 

To learn more about the Board of Trustees, visit SECOEnergy.com>Your Co-op. “Like” SECO Energy on Facebook and follow @SECOEnergy on Twitter for prize drawings, news releases, and severe weather alerts affecting SECO Energy’s service territory. Manage your outage notification preferences at StormCenter. To see reliability and expansion projects in your area, visit our new System Improvement Map. To learn more about SECO Energy as a not-for-profit cooperative, visit SECOEnergy.com > Your Co-op > About.

 

PURPA – Public Utility Regulatory Policies Act of 1978

The purpose of PURPA is the encouragement of investments in conservation and efficient use of facilities by electric utilities and equitable rates to electric customers. In 2009, PURPA required qualified electric utilities to consider three new 111(d) standards pursuant to the Energy Independence and Security Act of 2007 (EISA).

 

Most recently, the 2021 Infrastructure Investment and Jobs Act (IIJA) required non-regulated cooperatives (such as SECO Energy), municipal utilities, and state regulators (for regulated utilities) to consider adopting two new PURPA standards under Section 111(d).

 

There are two new PURPA 111(d) Standards Under IIJA that SECO Energy considered:

 

1. Demand-Response Practices
(A) In General – Each electric utility shall promote the use of demand-response and demand flexibility practices by commercial, residential, and industrial consumers to reduce electricity consumption during periods of unusually high demand.
(B) Rate Recovery
(i) In General – Each State regulatory authority shall consider establishing rate mechanisms allowing an electric utility with respect to which the State regulatory authority has ratemaking authority to timely recover the costs of promoting demand-response and demand flexibility practices in accordance with subparagraph (A).
(ii) Nonregulated Electric Utilities – A nonregulated electric utility may establish rate mechanisms for the timely recovery of the costs of promoting demand-response and demand flexibility practices in accordance with subparagraph (A).

 

2. Electric vehicle charging programs
Each State shall consider measures to promote greater electrification of the transportation sector, including the establishment of rates that—
(A) promote affordable and equitable electric vehicle charging options for residential, commercial, and public electric vehicle charging infrastructure;
(B) improve the customer experience associated with electric vehicle charging, including by reducing charging times for light-, medium-, and heavy-duty vehicles;
(C) accelerate third-party investment in electric vehicle charging for light-, medium-, and heavy-duty vehicles; and
(D) appropriately recover the marginal costs of delivering electricity to electric vehicles and electric vehicle charging infrastructure.

 

Determination Process to Consider Adopting new PURPA Standards:

 

Following direction from NRECA, SECO did not conduct a live hearing. Instead, a public comment and response period was held between April 1, and June 1, 2023, enabling our members to be heard throughout this process. Also, an opportunity for Board Meeting attendance was provided wherein members were allowed to be heard on matters affecting the Cooperative. Consideration of standards focused on how implementation is consistent with the purpose of PURPA:

 

  • the promotion of energy conservation
  • optimization of the efficiency of use of facilities and resources, and
  • equitable rates to electric consumers

At the October 24, 2022, Board Meeting, SECO Energy’s Board of Trustees approved a Resolution to determine the hearing process to consider the standard and to engage in a public comment period. Notice of these objectives was published in November 2022 SECO News. During the open public comment period, members had the ability to share their views regarding the two new PURPA Standards SECO considered under the IIJA.

 

Review SECO Energy’s Initial Comments regarding the two PURPA Standards in The Infrastructure Investment and Jobs Act Of 2021.

 

Read the SECO Energy Board of Trustees’ Final Resolution which was approved at the October 23, 2023, Board Meeting.

 

Energy Insider – 1st Quarter 2023

In today’s world of divided government, it is rare that major legislative acts are passed through Congress. President Biden recently signed the Inflation Reduction Act of 2022 into law. The law involves impacts on climate change, healthcare and taxation revenues. All these changes will have effects on your business. For small and large businesses alike, it’s important to appreciate what the Inflation Reduction Act of 2022 could mean.

 

SECO Energy Insider Q1 2023

 

In the area of healthcare insurance, premium subsidies for the Affordable Care Act will now extend to 2025 instead of ending this year. The law allows the government to now negotiate drug costs for its Medicare patients. It also capped out-of-pocket drug costs for Medicare patients to $2,000 a year.

 

In the area of taxation, it requires all corporations to pay a minimum 15% tax rate for revenues over $1 billion. No matter the deductions, this is the lowest rate for these companies. In essence, this tax change alone is expected to generate $300 billion in revenues yet only affect 150 companies. The law also provides $80 billion to cover the cost of IRS reinforcement.

 

And lastly, in the area of climate change, billions of dollars of subsidies and tax credits are being provided for over twenty programs that reduce greenhouse gas emissions. These credits and deductions are to provide for businesses to invest in advanced energy projects, credits for electric commercial vehicles and charging, biofuels- first and second generation, renewable energy production, and it also supports carbon capture and storage of renewable energy just to name a few.

 

The Inflation Reduction Act of 2022 will affect businesses as they make changes to policies, practices and possibly even pricing. Now is the time to prepare your business for the upcoming changes. For more details, review House Bill 5376 or contact the IRS.

 

 

Jeff Light, SECO Energy Key Accounts Consultant

JEFF LIGHT

Manager of Key Accounts & Revenue Programs
OFFICE: (352) 569-9787
CELL: (352) 250-2863
jeff.light@secoenergy.com

Hank Bolduc, SECO Energy Key Accounts Consultant

HANK BOLDUC

Key Accounts Consultant
OFFICE: (352) 569-9789
CELL: (352) 303-3546
hank.bolduc@secoenergy.com

Ryon Meyers, SECO Energy Key Accounts Consultant

RYON MEYERS

Key Accounts Consultant
OFFICE: (352) 569-9781
CELL: (352) 636-9593
ryon.meyers@secoenergy.com

SECO Energy Key Accounts Consultant Dustin Merritt

DUSTIN MERRITT

Key Accounts Consultant
OFFICE: (352) 569-9782
CELL: (352) 303-3183
dustin.merritt@secoenergy.com

 

 

Find, Feed & Restore Awarded $2500 SECO Energy Foundation Grant

The SECO Energy Foundation joined the battle to aid local homeless families in need by approving a $2,500 grant for Find, Feed & Restore to support the Restore Lake Project. The $2500 SECO Energy Foundation Grant supports its Health and Human Services efforts by sponsoring Find, Feed & Restore’s Love & Laughter Event on May 6 at the Clermont City Center to raise money for the housing solutions project.

 

The Restore Lake Project provides transitional housing for ten to 14 local families with children. In an effort to combat homelessness, Find, Feed & Restore provides housing solutions, including transitional housing, no-cost housing, permanent housing, Women’s Mental Health and Domestic Violence Shelter and homelessness avoidance in Lake County. The programs help families who are struggling with financial difficulties avoid homelessness. Restore Lake’s facility provides no- or low-cost housing, financial education resources and a case manager to help families into future homeownership, job opportunities and more. The facility’s goal is for its families to reach mental and physical balance and become self-sufficient.

 

The SECO Energy Foundation Board of Directors District 1 Director Sara Meyer is pleased the SECO Energy Foundation is making a difference in local communities. Ms. Meyer stated, “Affordable housing options for low to moderate income families have drastically decreased by Florida’s recent increased population boom. To improve the quality of life in SECO Energy’s service area for residents, the Restore Lake Project will help the families most impacted by the COVID pandemic, increasing costs and housing prices on the rise. I am extremely pleased that my fellow Directors and I unanimously approved a health and human services grant for Lake County citizens who desperately need our assistance.”

 

Find, Feed & Restore Vice President of Development Stephen Shylkofski is grateful for the SECO Energy Foundation’s partnership. Mr. Shylkofski stated, “We are thankful for the opportunity to build on the partnership with the SECO Energy Foundation to grow our programs in Lake and Sumter Counties. Along with the SECO Energy Foundation and our other community partners, we can begin to achieve our goal of eradicating homelessness from our communities.”

 

The SECO Energy Foundation is a nonprofit 501c3 entity funded largely through SECO’s electric bill roundup program and will be supplemented by grants the Foundation applies for through other private and federal funding programs that align with the SECO Energy Foundation’s goals. Participating members’ extra pennies are donated to the Foundation to fund grants and bill payment assistance that make a difference in the lives of members across the communities served by SECO Energy.

 

SECO Energy’s CEO Curtis Wynn stated, “Concern for community is a key co-op principle that ties in with health and human services in our local communities – especially for its most vulnerable members. Surveys tell us that members want to be part of an organization that does more for their consumers and communities than sell goods and services. The SECO Energy Foundation’s focus is to improve the quality of life in and around SECO’s service area. The Foundation’s support of the Restore Lake Project creates a difference in our communities.”

 

To learn more about the SECO Energy Foundation, visit SECOEnergy.com>Your Co-op>Foundation. “Like” SECO Energy on Facebook and follow @SECOEnergy on Twitter for prize drawings, news releases, and severe weather alerts affecting SECO Energy’s service territory. Manage your outage notification preferences at StormCenter. To see reliability and expansion projects in your area, visit our new System Improvement Map. To learn more about SECO Energy as a not-for-profit cooperative, visit SECOEnergy.com > Your Co-op > About.