SECO Energy has grown from a small rural utility founded as Sumter Electric Cooperative, Inc. in 1938 to a regional Central Florida not-for-profit cooperative serving over 210,000 members. New service activity grew strongly during 2019, and it was another stellar year in terms of service reliability and financial performance. Our growth makes SECO Energy the third-largest co-op in Florida and the seventh-largest in the nation out of more than 900 electric cooperatives.
Our service area is equipped with nearly $918 million in utility plant assets. We invest $18 million annually in a comprehensive vegetation management program that prevents outages and keeps our system operating safely. Read more about our financial strength in the 2019 Annual Report.