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Tag: 2017 Annual Meeting of the Membership

Members Re-elect Richard Dennison District 4 Trustee

On Thursday, February 16, members voted to re-elect Richard Dennison to represent District 4 on SECO Energy’s Board of Trustees.  A SECO member since 1999, Dennison was first elected to the Board in 2015 when a former Trustee stepped down.

 

As a not-for-profit electric cooperative, SECO members vote for the person they choose to represent the members in a particular district and to make governance decisions that serve the best interests of the members at large.  SECO’s Board of Trustees are members themselves and provide governance and financial oversight to the cooperative.

 

A crowd of members gathered at the Marion Oaks Community Center in Ocala to cast their vote for the representative of their choice.  Dennison and Ocala residents Sheila Anderson and Edwin Million, Jr. expressed a willingness to serve the members in District 4 and submitted their letter of intent in January.

 

Dennison stated, “I am both humbled and grateful for your continued support for me as your District 4 Trustee.  Your confidence in me encourages me to work hard on your behalf for the cooperative that has an outstanding performance record.  Thank you again, it is a pleasure being your Trustee.”

 

CEO Jim Duncan stated, “I would like to congratulate Mr. Dennison on his re-election.  SECO’s Board of Trustees provides the cooperative with sound governance, and collectively represents all SECO members.  And a thank you to the hundreds of members who attended this year’s District Meetings.  Members are an important part of the cooperative difference – the cooperative exists to provide members reliable power at a fair price, while delivering first-rate customer satisfaction.”

 

Dennison added, “I look forward to continuing my work on the Board with my peers and working with Mr. Duncan, who I believe is the best CEO in the state.”

 

SECO members should plan to attend its 79th Annual Meeting of the Membership on Saturday, March 25.  Registration opens at 8:00 a.m., and the business meeting begins at 10:30 a.m.  The meeting is located across the street from the corporate headquarters at the junction of highways 301 and 471 in Sumterville.

 

View photos of the Trustees and a District map online.  “Like” SECO’s Facebook page and “follow” @SECOEnergy on Twitter for news releases and cooperative updates.

SECO News, February 2017

Duncan’s Digest: 2017 Annual Meeting

It’s that time of year, and we are gearing up for our 79th Annual Meeting of the Membership. The event takes place on Saturday, March 25, at our Sumterville Compound at 293 S. Highway 301. Gates open at 8:00 a.m., registration opens at 8:30 a.m. and the business meeting begins at 10:30 a.m.

 

Our Annual Meeting is about you – our member. As a not-for-profit electric cooperative, SECO is operated for the benefit of and owned by the members. SECO does not share dividends with stockholders or investors. Instead, and per the requirements of our business model and bylaws, our margins are allocated to the members themselves, used as equity for the financial health of the cooperative and returned/retired to the members upon Board of Trustee approval.

Fun, Food and Prizes

 

However, the meeting isn’t all business – we have fun around here too. Join us for breakfast biscuits, coffee, sodas, doughnuts and cookies. Browse our Energy Showcase to learn more about energy savings and visit with SECO’s energy partners. Kick up your heels to some of the best live entertainment by Margo Rochelle and the Rodeo Drive band. And visit with the Facebook Help Squad to learn how to enter the Facebook drawing for the $300 bill credit.

 

If you’ve attended before, you know that we give away prizes galore! The grand prizes up for grabs this year are $1,500 in cash, a truck and a golf cart. SECO is also giving away a $1,000 cash prize, two $500 cash prizes and a $300 Facebook bill credit. Additionally, we have a host of door prizes – many of which are donated by local businesses and vendors that are also our members.

 

All registered members receive a special SECO gift and a copy of our 2016 Annual Report, with an additional gift available in the Energy Showcase. A Q&A session wraps up the business meeting, so don’t be shy about asking a question. The door prizes start after the business meeting portion, so be sure to stay for the entire meeting. Given that we host nearly 4,000 guests in a short timeframe, parking is a pretty well-oiled machine managed by SECO employees supported by local law enforcement.

Annual Meeting Invite 2017

 

Your official Annual Meeting notice will arrive in either your February or March billing statement – depending on the date of your billing cycle. You don’t need to bring the notice to the meeting with you as we’ve developed an electronic check in process that works best with a copy of your bill. Join me, along with your fellow cooperative members, the SECO Board of Trustees and many of SECO’s employees for the 2017 Annual Meeting of the Membership.

 

Let’s pray for mild weather this year. I hope to see each of you there.

 

Read the full February 2017 SECO News here.