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Category: Press Releases

SECO Energy Employees Pledge Donations of $70,000 for United Way

SECO Energy employees have participated in an annual employee-funded United Way Pledge Drive for local communities for decades. During the 2020 United Way Pledge Drive, SECO employees donated $70,316 that will benefit local families living in SECO’s service area.

 

The $70,316 pledged by SECO employees for the 2020 drive is an increase of seven percent from the 2019 pledges. The donated funds will be distributed among ten local counties. The bulk of SECO employees live in Citrus, Lake, Marion and Sumter Counties and received the highest dollar amounts in donations. The breakdown by county is:

 

Citrus: $7,799
Lake: $14,316
Marion: $23,002
Sumter: $21,559
Other Counties (Hernando, Levy, Orange, Pasco, Polk and Volusia): $3,640

 

CEO Jim Duncan stated, “SECO’s ever-generous employees and their commitment to the communities we serve made our 2020 United Way Pledge Drive extremely successful. Our employees understand that local families need financial support year-round, and United Way is instrumental in leading the charge to improve lives. I truly appreciate the efforts of our employees and applaud their generosity.”

 

SECO’s Senior Consultant for Civic, Charitable & Government Relations Kathy Judkins spearheads the annual employee giving campaign. She stated, “United Way’s mission is to improve lives by mobilizing the caring power of communities around the world to advance the common good.” To join SECO Energy employees in supporting United Way, visit them online to donate or volunteer.

 

Learn more about SECO Energy’s Concern for Community online. “Like” SECO’s Facebook page and “follow” @SECOEnergy on Twitter for news releases and cooperative updates.

SECO Energy Returns $3.5 Million to Current and Former Members

Just in time for the holiday season, SECO Energy’s Board of Trustees approved a Capital Credits return (retirement) of $3.5 million to current and former members. Since SECO Energy was founded in 1938 as Sumter Electric Cooperative, Inc., the cooperative has retired more than $66.8 million to current and former members.

 

SECO Energy is a not-for-profit electric utility. As such, SECO’s almost 210,000 members own a portion of the cooperative’s equity and their energy purchases build patronage capital. Ownership is defined through the annual process of allocating each member’s share of the co-op’s margins from the prior year. The annual amounts for each member who purchases electric service during the year are referred to as Capital Credit allocations.

 

Capital Credits are the accumulation of all prior year’s revenue after the co-op’s operating costs and expenses are paid. These credits are allocated on a pro-rata basis to each SECO Energy member’s account as Capital Credits. Annually, SECO examines the financial position of the cooperative and makes a recommendation to the Board of Trustees on the “retirement” of Capital Credits.

 

CEO Jim Duncan stated, “This year’s Capital Credits retirement of $3.5 million means that a portion of the cooperative’s equity is being returned to current and former members. Each current member who receives a 2019 Capital Credits retirement will see the retirement amount on the November billing statement listed as a line item. Commercial members with retirements over $1,000 will receive a check.”

 

Current members will find their retirement on the November billing statement a on line item labeled “Gen. Ret. Credit.” Former members receiving a retirement will be mailed a check. Former members should update their current address with the cooperative to receive future Capital Credits returns.

 

This year’s $3.5 million Capital Credits retirement is a lower number than in years past. The cost of delivering power to new members, constructing new facilities to meet new members’ demand for power and maintaining existing infrastructure is rising faster than SECO’s revenues.

 

To learn more about Capital Credits online. “Like” SECO’s Facebook page and “follow” @SECOEnergy on Twitter for news releases and cooperative updates.

SECO Energy Welcomes South Sumter Middle School Eighth Graders

Local eighth grade students from South Sumter Middle School traveled to SECO Energy Monday and Tuesday for a field trip at the not-for-profit cooperative to learn about the basics of power related to nuclear, hydro, biomass, wind and solar. Students visited a variety of stations for hands-on practice and experience. The eighth-grade science students are learning about solar power and other energy sources in their classes.

 

SECO Energy’s Manager of Key Accounts and Energy Services Barbie Shaw opened the field trip by stating, “Today is a great day at SECO Energy. We’re excited to host over 100 eighth graders from South Sumter Middle School to provide an overview of solar power generation and electricity in general. SECO feels educating local students is a commitment to our communities and an investment in our future leaders.”

 

Key Accounts Consultant Jeff Light provided the audience with an overview of energy basics. Light demonstrated how energy is generated by fossil fuels, nuclear, hydropower, wind, biomass and geothermal means. Energy Services Supervisor Dustin Merritt delved into the basics of solar generation. Merritt presented students with solar definitions, how solar power is generated and how generated solar power is converted into usable energy. Students learned about the materials used to manufacture solar panels, how humidity and cloud cover affect solar production and the pros and cons of solar installation.

 

After the overview, students visited five stations to expand their industry knowledge. At station one, students engaged with Energy Services and Engineering employees to see SECO Energy’s Solar Square in action as it produced usable electricity. SECO metering technicians were positioned at station two to educate students about different types of meters, meter testing and a short explanation about net metering for solar generation. Station three included kits for students to assemble hand-held solar panels that produce energy to power small fans. The Solar Pathfinder was available at station four for a hands-on demonstration showing the students how the path of the sun and shading from trees and buildings can reduce solar production. Finally, at station five SECO Energy Human Resources personnel showcased the varied high-tech careers available in today’s energy industry. This station also showcased the safety equipment that SECO field personnel use to protect themselves on the job.

 

Eighth grade science teacher from South Sumter Middle School Shelly Paulinyce is excited for students’ real-world solar power experience. Paulinyce stated, “Eighth grade science students are learning about solar power in the classroom. Visiting SECO Energy is not only a review of the classroom lesson, it offers students the opportunity to expand their thought process to connect to the real world. Today’s field trip is a great preview for a future lesson. Students will soon be building and racing solar-powered cars in the classroom. The lesson that demonstrated the hand-held solar panel and fan will help them understand the process for their future activity.”

 

SECO Energy’s solar centric eighth grade curriculum field trip continues on September 30 and October 1 drew more than 200 eighth grade science students from South Sumter Middle School. All students who attended the field trip received a SECO gift bag and the chance to win door prizes. In November, students from Wildwood Middle School’s eighth grade science classes will also attend the SECO event.

 

School administrators who are interested in adding real-world experience to their students’ eighth grade science curriculum are encouraged to contact SECO Energy about available field trip dates and times. SECO also visits local elementary schools with presentations about energy and electrical safety geared toward younger students. Requests for those presentations can be made through the same email address.

 

Learn more about SECO Energy’s commitment to community. “Like” SECO’s Facebook page and “follow” @SECOEnergy on Twitter for news releases and cooperative updates.

SECO Energy Employee Involved in Vehicle Accident

On Friday evening, a SECO Energy first class lineman driving a 55-foot material handler bucket truck traveling north on Highway 441 in Lady Lake made contact with another vehicle. The accident occurred near the intersection of 441 and Eagles Nest Road.

 

In an attempt to minimize contact with the vehicle that crossed his path unexpectedly, the SECO bucket truck driver swerved and left the roadway. The bucket truck made contact with Duke Energy electric lines.

 

The truck’s energized contact with the lines resulted in significant damage to the bucket truck. Thankfully, the SECO Energy employee operating the truck escaped the vehicle and does not appear to be seriously injured.

 

While no serious injuries were apparent, the driver of the other vehicle was cited, and an occupant was transported to a medical facility as a caution.

SECO Energy vehicle accident 9/27/19 picture one

 

SECO Energy vehicle accident 9/27/19 picture two

 

SECO Energy vehicle accident 9/27/19 picture three

SECO Energy Earns Capital Credits Through Gresco Partnership

SECO Energy and fellow not-for-profit cooperative Gresco Utility Supply based out of Forsyth, Georgia have a long-standing partnership that continues to pay off for SECO and its members. Gresco presented SECO a check for $265,617 that represents SECO’s share of Gresco’s current Capital Credit retirement cycle.

 

Gresco is a cooperatively-owned business that was formed in 1960 by 15 electric cooperatives that recognized the need for a dedicated supply partner. SECO Energy is one such member-owner of Gresco and thus earns allocated margins annually from Gresco based on that year’s supply purchases. The utility supply cooperative works with hundreds of utilities in the southeast to meet their need for electric and lighting products and services, tools, telecom, solar, EV charging stations and unmanned aircraft systems.

 

Todd McLellan, Gresco’s Senior Vice President of Supplier Relationships, is thankful for the continuing partnership between SECO Energy and Gresco. McLellan stated, “Gresco is proud to be the service provider SECO Energy expects. Cooperatives doing business with fellow cooperatives makes sense. Cooperation among Cooperatives is also one of the seven cooperative principles and is a foundation of Gresco and SECO’s business models.”

 

SECO Energy CFO Gene Kanikovsky stated, “SECO Energy counts on Gresco’s ability to deliver high-quality electric supplies during normal business operations and during critical times. Gresco is one of our most reliable partners. When recovering from Hurricane Irma and preparing for Hurricane Dorian, Gresco was behind us every time. We value our partnership with Gresco and are honored to be one of its member-owners.”

 

Gresco is SECO Energy’s premier supply partner. SECO Energy’s equity in the company is now over $10.5 million making it one of Gresco’s largest member-owners by equity.

 

As a not-for-profit electric cooperative, SECO Energy also returns a portion of its margins in the form of Capital Credits to current and former members. With Board of Trustee approval, current members will receive their Capital Credits retirement on their November billing statement. Current commercial and industrial members with retirements over $1,000 will receive a check as will former members who have a forwarding address on file with SECO.

 

Learn more about Capital Credits online. “Like” SECO’s Facebook page and “follow” @SECOEnergy on Twitter for news releases and cooperative updates.

SECO Energy Back-To-School Program Funds $3,000 for Sumter County Schools Enhancement Foundation

SECO Energy’s back-to-school program allocated Sumter County public school students with $3,000 through the county’s Enhancement Foundation. As a not-for-profit local electric cooperative, SECO believes in supporting the communities it serves.

 

The Sumter County Schools Enhancement Foundation will use the funds for back-to-school supplies for students and support for essential teacher and staff trainings. The Sumter Foundation partners with the Consortium of Florida Education Foundations (CFEF) to advance education in Florida. Collectively, the CFEF-aligned Foundations represent 99 percent or 2.8 million K-12 students.

 

The Sumter County Schools Enhancement Foundation’s Director Eileen Goodson is thankful for SECO Energy’s support and partnership. Goodson stated, “The Sumter County Schools Enhancement Foundation and the Sumter School District treasures the partnership we have had with SECO for many years. We offer our sincere gratitude for the support that SECO continues to show our students, staff and schools.”

 

CEO Jim Duncan stated, “SECO Energy is honored to support Sumter County students through its back-to-school program’s contribution to the Sumter County Schools Enhancement Foundation. As a not-for-profit electric cooperative, SECO believes an investment in education is a benefit to all of our members. In Sumter County, we serve over 65,000 homes and businesses. Teachers are an invaluable community asset. They enrich our communities by educating our future leaders and as a benefit to SECO, possibly our future employees.”

 

Learn more about SECO Energy and its efforts to support education and local communities on our Community page. “Like” SECO’s Facebook page and “follow” @SECOEnergy on Twitter for news releases and cooperative updates.

SECO Energy Tracking Tropical Cyclone Nine

SECO Energy is closely watching the track of Tropical Cyclone Nine that is expected to increase in speed and become Tropical Storm Humberto within the next 24 hours. Tropical Cyclone Nine appears to be on a similar path as Hurricane Dorian that passed Florida earlier this month, but this current tropical system is much weaker.

 

According to the National Hurricane Center (NHC), Tropical Cyclone Nine is located over the central Bahamas with maximum sustained winds of 25 mph. The current track continues to move further east of Florida posing less of a threat to SECO’s service area. SECO Energy members on the east side of I-75 may experience gusty winds around 35 mph on Saturday and Sunday with passing showers.

 

SECO Energy Vice President of Operations John LeSalva stated, “Currently, Tropical Cycle Nine is not expected to be a major weather threat for SECO Energy members. We will continue to monitor the cyclone’s track as it moves closer to Florida, but for now it appears that it will remain offshore and bring only rain and winds.”

 

September is the peak of Atlantic hurricane season and SECO Energy has created a new Hurricane Handbook to help members prepare before, during and after storms. Our Hurricane Handbook is available online at SECOEnergy.com.

 

StormCenter is SECO Energy’s outage and communications platform for members to report outages, check the status of an existing outage and enroll in outage communications and alerts via email, text, voice or all three. Visit StormCenter today and bookmark on your smartphone or tablet to report outages quickly and easily.

 

Stay up to date on weather affecting SECO Energy’s service area, the latest news releases and cooperative updates by “liking” SECO’s Facebook page and “follow” @SECOEnergy on Twitter.

Hurricane Dorian Rain Bands Lash SECO Energy Area

Hurricane Dorian’s outer rain bands lashed the eastern portion of SECO Energy’s service area overnight Tuesday and continue into Wednesday. SECO’s electric system fared well during wind gusts that topped a reported 40 mph.

 

Hurricane Dorian is hovering off Florida’s east coast this morning as a CAT 2 hurricane with maximum sustained wind speeds at 105 mph. Dorian is moving north-northwest at 8 mph. SECO members can expect Hurricane Dorian’s outer bands to dump more rain on the already saturated ground. Dorian’s rain bands are forecast to clear SECO Energy’s service territory later tonight. For the remainder of the day SECO members located east of I-75 can expect rain bands, isolated lightning and wind gusts up to 40 mph.

 

September is typically the peak of Atlantic hurricane season. According to the National Hurricane Center, as of early Wednesday morning there are five active Atlantic tropical cyclones and disturbances. SECO Energy’s new Hurricane Handbook is available on SECOEnergy.com by clicking on the homepage banner. The Hurricane Handbook is a member guide for preparing before, during and after a storm. The cooperative has included tips on generator safety, restoration priorities, downed power line safety, electric system 101, Florida’s Move Over Law and more.

 

CEO Jim Duncan stated, “SECO Energy’s service area will most likely experience a rainy Wednesday while Hurricane Dorian moves away from Central Florida. Overnight, crews responded to a handful of outages. In fact, as of this morning less than 100 members experienced an outage caused by Dorian. The hurricane’s rain and wind bands haven’t cleared out of our system yet, outages caused by lightning, heavy rains and falling trees may still occur.”

 

Duncan added, “The 2019 Atlantic hurricane season is far from over. Hurricane Dorian was a timely reminder that Floridians need to prepare for tropical storms and hurricanes that affect our area. Read the Hurricane Handbook, keep your supplies updated and continue to watch local weather reports.”

 

StormCenter is SECO Energy’s outage and communications platform for members to report outages, check the status of an existing outage and enroll in outage communications and alerts via email, text, voice or all three. Visit StormCenter online and bookmark on your smartphone or tablet to report outages quickly and easily.

 

Stay up to date on weather affecting SECO Energy’s service area, the latest news releases and cooperative updates by “liking” SECO’s Facebook page and “follow” @SECOEnergy on Twitter.

Local Counties Preparing for Hurricane Dorian

Additional shelters are opening in the counties served by SECO Energy to assist residents in need of shelter during Hurricane Dorian. SECO members who require uninterrupted electricity to power medical devices are advised to wait out Hurricane Dorian at a shelter that meets their special needs. Deadly Hurricane Dorian stalled over parts of The Bahamas on Monday destroying property and is responsible for a reported five deaths.

 

Hurricane Dorian is spinning at about 120 mph at a forward speed of just 2 mph. Hurricane force winds extend 40 miles and tropical storm winds extend 160 miles. Dorian is expected to pick up forward motion later today and bring rain bands and sustained winds of about 25 mph to the SECO service territory. Overnight and into Wednesday, SECO Energy members east of I-75 will likely experience sustained winds of 35 mph and gusts up to 50 mph. SECO Energy is StormReady with 800 additional line and tree contractors from Rhode Island, Indiana, Alabama, Pennsylvania, Texas, New York and New Jersey.

 

CEO Jim Duncan stated, “Hurricane Dorian is forecast to move away from The Bahamas and move northwest with an eventual eastern turn that keeps it just off Florida’s coast. SECO Energy’s service area could begin to feel the hurricane’s effects late this afternoon. Members who live in homes or areas that are subject to flooding, suggested to evacuate, or need guaranteed power to sustain life should check in at a shelter today. If conditions deteriorate emergency personnel may be grounded and unable to help until the storm passes.”

 

Duncan added, “SECO Energy has been monitoring and preparing for Hurricane Dorian since early last week. The cooperative is prepared for power outages caused by Hurricane Dorian. Out-of-state crews began to arrive on Monday to assist. Please take this storm seriously and put your family’s safety first.”

 

Two shelters are open in Sumter County. A pet-friendly, general public shelter is available at the Sumter County Fairgrounds at 7620 SR 471, Webster. A special needs shelter is open in Wildwood at the Wildwood Community Center at 5600 Powell Road. Sumter County officials are concerned that flooding in the county will be worse than in 2017 with Hurricane Irma. Shelters are available for residents living in mobile homes, recreational vehicles and low-lying flood prone areas.

 

Six shelters are open in Lake County. The general public shelter is open at Mount Dora High School located at 700 N. Highland Street, Mount Dora. Two pet-friendly shelters are available at Round Lake Elementary 31333 Round Lake Road, Mount Dora and Spring Creek Elementary 44440 Spring Creek Road, Paisley. Three special needs, pet-friendly shelters are open at Leesburg Elementary 2229 South Street, Leesburg and Lost Lake Elementary 1901 Johns Lake Road, Clermont and Umatilla Elementary 401 Lake Street, Umatilla.

 

Marion County is opening four shelters. Two general population shelters are opening today at noon located at Fort McCoy Middle School at 16160 NE County Road 315, Ft. McCoy and North Marion Middle School at 20085 W Highway 329, Citra. A special needs only shelter is currently open at West Port High School at 3733 SW 80th Avenue, Ocala. A pet-friendly shelter at Lake Weir High School at 10351 SE Maricamp Road, Ocala opens at noon today.

 

Citrus, Hernando, Levy and Pasco Counties are not opening shelters at this time, but officials are closely monitoring Hurricane Dorian. Schools are closed on Tuesday (today) in Citrus, Hernando, Levy, Pasco and Sumter Counties. In Lake County, schools are closed Tuesday and Wednesday; in Marion County, schools are closed for the rest of this week.

 

SECO Energy’s Hurricane Handbook is available on SECOEnergy.com by clicking on the homepage banner. The Hurricane Handbook offers members tips for preparing before, during and after a storm. The cooperative has included tips on generator safety, downed power line safety, electric system 101, Florida’s Move Over Law and more.

 

StormCenter is SECO Energy’s outage and communications platform for members to report outages, check the status of an existing outage and enroll in outage communications and alerts via email, text, voice or all three. Visit StormCenter today at SECOEnergy.com>StormCenter and bookmark on your smartphone or tablet to report outages quickly and easily. Once the hurricane has passed SECO’s area later next week, members should use our Daily Restoration Plan Map to identify if crews are working in their area that day. Visit SECOEnergy.com and click on the homepage banner to access the map.

 

Stay up to date on weather affecting SECO Energy’s service area, the latest news releases and cooperative updates by “liking” SECO’s Facebook page and “follow” @SECOEnergy on Twitter.

Shelters Opening in Preparation of Hurricane Dorian

Shelters are opening in the counties served by SECO Energy that will feel the effects of Hurricane Dorian. SECO urges members who are dependent on electricity to operate life-sustaining devices to seek refuge at a shelter or have a backup source for power before Hurricane Dorian’s high winds and rain cause lengthy power outages.

 

In Sumter County, two pet-friendly shelters will open at 10 a.m. The Sumter County Fairgrounds at 7620 SR 471 in Webster will be available for the general population. The Wildwood Community Center at 5600 Powell Road in Wildwood is open for citizens with special needs. Sumter County officials will determine if additional shelter openings are necessary. Shelters are available for residents living in mobile homes, recreational vehicles and low-lying flood prone areas and east-coast evacuees.

 

Lake County is scheduled to open six shelters at noon today. The general public shelter is at Mount Dora High School located at 700 N. Highland Street in Mount Dora. Two public, pet-friendly shelters are opening at Round Lake Elementary 31333 Round Lake Road, Mount Dora and Spring Creek Elementary 44440 Spring Creek Road, Paisley. Special needs and pet-friendly shelters are opening at noon at Leesburg Elementary 2229 South Street, Leesburg and Lost Lake Elementary 1901 Johns Lake Road, Clermont and Umatilla Elementary 401 Lake Street, Umatilla.

 

At this time, shelters are not opening in Citrus, Hernando, Marion or Pasco Counties. Levy County is prepared to open shelters as needed. Schools are closed Tuesday in Citrus, Marion and Sumter Counties. In Lake County, schools are closed Tuesday and Wednesday.

 

Hurricane Dorian remains a CAT 5 storm with 165 mph sustained winds and has slowed to a 1 mph crawl. It is expected to maintain this slow speed for the next 24 hours. This pace will result in SECO Energy’s service area feeling the first effects around 2 a.m. on Wednesday morning and lasting through noon. The area will experience 25-30 mph sustained winds with 35-60 mph gusts.

 

CEO Jim Duncan stated, “Forecasters predict Hurricane Dorian will skirt Florida’s east coast and not make landfall in Florida. That track does not put SECO’s service area in the clear. SECO Energy is StormReady and prepared to begin what may be a lengthy restoration event. Crews from out of state begin arriving today to assist. Do not jeopardize your family’s safety – seek shelter in your county if needed.”

 

SECO Energy’s Hurricane Handbook is available on SECO’s homepage by clicking on the homepage banner. The Hurricane Handbook offers members tips for preparing before, during and after a storm. The cooperative has included tips on generator safety, downed power line safety, electric system 101, Florida’s Move Over Law and more.

 

StormCenter is SECO Energy’s outage and communications platform for members to report outages, check the status of an existing outage and enroll in outage communications and alerts via email, text, voice or all three. Visit StormCenter today at SECOEnergy.com and bookmark on your smartphone or tablet to report outages quickly and easily. Once the hurricane has passed SECO’s area later next week, members should use our Daily Restoration Plan Map to identify if crews are working in their area that day. Visit SECOEnergy.com and click on the homepage banner to access the map.

 

Stay up to date on weather affecting SECO Energy’s service area, the latest news releases and cooperative updates by “liking” SECO’s Facebook page and “follow” @SECOEnergy on Twitter.