Duncan’s Digest – Capital Credits – Co-op Membership Pays $6.1 Million Last month I announced a higher member-favorable Power Cost Adjustment (PCA) or “Hot Bucks” credit. This month, I have more good financial news. During the September Trustees’ Meeting, your Board approved a record-high Capital Credit retirement of $6.1 million to current and […]
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Duncan’s Digest – Power Cost Adjustment Lowers Bills SECO Energy’s mission is to construct, maintain and restore the electric system that serves over 210,000 homes and businesses in the counties we serve. As a not-for-profit electric cooperative that operates for our members, we are proud to provide safe, reliable, affordable electric service and […]
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Duncan’s Digest – Peak of Hurricane Season The 2020 Atlantic hurricane season has been especially active. According to the National Oceanic and Atmospheric Administration (NOAA), the possibility of a hurricane forming is highest during September. Hurricanes are massive tropical cyclones. Typically, hurricanes reach a width of 300 miles or more. The […]
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Duncan’s Digest – Pennies from Heaven – Your Pennies Change Lives To say that the first half of 2020 has been bizarre is an understatement. To assist members during the COVID-19 economic shutdown, SECO proactively waived late fees and suspended service disconnections for nonpayment. SECO also offered members flexible payment arrangement timeframes that […]
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Duncan’s Digest – Marion Oaks Substation Rebuild In the December 2019 edition of SECO News, I shared an overview of our $55 million 2020 construction work plan. I want to share an exciting project from the plan that is currently in progress. Recently, crews and contractors have begun the Marion Oaks […]
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Duncan’s Digest – High Risk Hurricane Season My background by trade is accounting and finance. I have a healthy belief in data analysis to project trends. The percentages below certainly get my attention and should grab yours as well. The Department of Atmospheric Science at Colorado State University (CSU) published its […]
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Duncan’s Digest – Choose EV and Plug In To Win! Florida is quickly emerging as a leader in electric vehicle (EV) sales. In early March, the Florida House passed Senate Bill 7018 that paves the way for the Florida Department of Transportation to work with the Florida Public Service Commission, Office of Energy […]
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Duncan’s Digest – Name the New IVR Virtual Assistant I have exciting news to share. SECO’s new interactive voice response (IVR) phone system launched in early March. The system is available 24/7, is user-friendly and is a big leap forward in customer service technology. The former phone system was in desperate need […]
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Duncan’s Digest – SECO Energy’s 82nd Annual Meeting Our 82nd Annual Meeting is Saturday, March 28, at 293 S. US Highway 301 in Sumterville. Registration opens at 8 a.m. and the Business Meeting begins at 10:30 a.m. The live prize drawing is held after the Business Meeting and wraps up around noon. […]
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Duncan’s Digest – Solar & Battery Project Pilot SECO Energy’s Engineering department recently embarked on a solar and battery energy storage pilot project. If you travel County Road 470 near our Sumterville headquarters, you may have noticed the new 6,000-watt solar array installed just outside the fence on the southeast corner of our […]
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