Log in | Register |
StormCenter logo

Archive

Tag: 2021 SECO Energy Annual Meeting

SECO News, May 2021

 

Duncan’s Digest – 2021 “Just Business” Annual Meeting Recap

 

We celebrated our 2021 “Just Business” 83rd Annual Meeting on Thursday, March 25. We opted to hold the event virtually to avoid the large crowd that traditionally gathers for our onsite Annual Meetings. If you couldn’t watch live, you can watch the full video on our Annual Meeting website section.

 

May 2018 SECO News Duncan's Digest

 

The Meeting was live streamed through webcast, Facebook Live and YouTube. Members tuned in to watch our Board President and District 4 Trustee Richard Dennison call the Meeting to order and close the voting platform at 4:30 p.m. Our Vice President of Corporate Communications and Energy Services Kathryn Gloria gave the invocation and led the Pledge of Allegiance and National Anthem which was prerecorded by SECO Energy’s Manager Consumer Billing & Accounting Tim Wallace.

 

During Board introductions, we welcomed new Trustee Morgan Hatfield to the Board. Ms. Hatfield was elected in early February to represent District 9 and began her duties on March 29.

 

Mr. Dennison’s President’s Report provided an overview of the quorum and Annual Meeting requirements Florida cooperatives adhere to under Florida Statute. Two years ago, a Bylaws revision was approved that allows electronic, in-person and by-mail voting on Annual Meeting business to achieve a quorum. Almost 5,000 members voted this year to approve a Bylaws Revision and the 2020 Annual Meeting Minutes. All members who voted were eligible to win 1 of 100 prizes.

 

My state of the company address reported on the excellent financial health of the cooperative. At year-end 2020, our meter count had grown to 216,477 ranking SECO as the third-largest cooperative in Florida and seventh-largest in the nation. Last year, you and your fellow members consumed 3.64 billion kilowatt hours which is an increase of about 1.7 million over 2019.

 

SECO’s investment in its electric system is approaching the $1 billion mark at a current valuation of $955.9 million to support the increased demand for affordable energy in our area. Our TIER rating is 2.87 and member equity equals 33.64%. In the customer satisfaction arena, our 2020 ACSI score is an impressive 91. These are all very healthy ratios in the cooperative utility world.

 

If you’re interested in learning more about our fiscal health, the “Just Business” 2020 Annual Report is available online. Our Independent Auditor’s Report is included with the cooperative’s 2020 and 2019 financial statements.

 

During the “Just Business” Annual Meeting, we held the traditional military branches tribute and recognized the efforts of the 400+ SECO employees, Board of Trustees and local first responders. I also announced my plan to retire as CEO in January 2022, making this my last Annual Meeting as CEO. Admittedly, I wanted my final Annual Meeting address to be live with a large audience in attendance. Unfortunately, large gatherings are currently not in the best interest of our members and employees.

 

Thank you to all who tuned in to watch the Annual Meeting live. If you could not tune in, you can view the full video online.

 

Sincerely,

 

Jim Duncan

Chief Executive Officer

 

 

SECO News May 2021 The Old Farmer's Almanac

Advice from The Old Farmer’s Almanac

 

A new friend with fur, feathers or scales may help you reduce stress and offer valuable companionship. The Old Farmer’s Almanac has advice on which pet may be the best fit for your home and family. Almost 60% of U.S. households include at least one pet. Dogs rule the home because they are loving and affectionate but require a hefty time commitment. Cats may be less affectionate and more independent than dogs, but they usually involve less work. Fish are beautiful and colorful but need a clean and well-maintained tank to live. Birds are fun to watch and may add a lively tune or funny voices to your home – but can be messy.

 

Want to spread the love for pets and wildlife? Purchase or lease the Surge MitiGator and SECO will donate $5 to a pet or animal rescue or shelter of your choice. Read on for more details.

 

 

SECO News May 2021 Surgeo Loves Pets Through June 15

Surgeo Loves Pets – Through June 15

 

In February SECO News, Surgeo asked for members’ help in supporting domestic and wildlife shelters and rescues by enrolling in SECO Energy’s Surge MitiGator™. For every new MitiGator enrollment, SECO donates $5 to a local pet shelter in Citrus, Lake, Marion or Sumter Counties.

 

February through March, 1,120 members completed a new Surge MitiGator enrollment, which equaled a $5,600 donation divided among local pet and wildlife rescues.

 

Take the bite out of damaging surges and spikes with the Surge MitiGator. Surges are caused by lightning, vehicle accidents involving SECO facilities, small animals, birds or fallen trees. Power surges can damage or destroy household appliances and sensitive electronics such as televisions, computers, stereo equipment and more.

 

SECO’s meter-based surge arrester helps prevent unnecessary financial loss by reducing surges BEFORE they enter your home through the meter. The Surge MitiGator has a beastly 15-year warranty and is designed to protect your home’s large-motor appliances.

 

You can lease the MitiGator for only $5.95 plus tax per month plus a $25 installation fee. The purchase price ranges from $349 to $399, with installation included.

 

Enroll in SECO’s Surge MitiGator™ to donate $5 to the shelter or rescue of your choice. Visit our Surge MitiGator website section and click on the enroll icon to fill out the webform and choose which pet shelter will receive a $5 donation on your behalf from SECO. The promotion ends June 15.

 

 

SECO News October 2020 EV Charger Winner!

EV Charger Winner

 

Kathy Ziegler from Ocala is the April winner of a SECO Energy branded JuiceBox Pro 40 EV Level 2 charger. We’re giving one charger away each month while supplies last. To enter, text “EV” to (352) 320-4500 for a link to enter. Or click on the EV Charger Giveaway homepage banner.

 

Learn more about the benefits of electric vehicle ownership on our EV website pages. You’ll find an EV savings calculator, information about CO2 reduction, an EV and PHEV model finder and a nationwide charger-finder map. Visit our Electric Vehicles website section for more details.

 

Watch SECO News for next month’s charger winner.

 

 

SECO News May 2021 Safety Corner Generator Safety

 

Safety Corner – Generator Safety

 

Atlantic hurricane season begins June 1. If you plan on using a portable or permanent generator as a source of back-up power during a power outage, learn to operate your generator correctly and safely before a storm impacts our service area.

 

Follow the safety warnings below to operate a generator.

 

• To protect yourself, your family, your property and SECO employees and contractors, read and follow the generator owner’s manual and pay close attention to the safety instructions.

 

• A qualified electrical contractor must install a permanent generator with a disconnect and transfer switch. This is NOT a DIY job.

 

• A qualified electrician is required to connect a generator to an electrical panel. An incorrect connection could electrocute the user or endanger our employees and contractors.

 

• Follow local, state and national fire and electric codes. A permit is required to install a permanent generator.

 

• Before starting your generator–always disconnect from your metered electric utility service.

 

• Never run a generator inside a building – even in a garage – it is a hazard and violates safety codes because it generates deadly (and odorless) carbon monoxide (CO).

 

• Be sure the area where a generator is operating is adequately ventilated, has sufficient airflow and is away from open windows.

 

• Store gasoline and diesel in approved containers out of the reach of children. Never fuel the generator while it is running.

 

• Extinguish all flames and cigarettes when handling fuel.

 

• Stage a fully charged, approved fire extinguisher near the generator.

 

• Use extension cords free of exposed wires and frayed shielding.

 

• Never remove or tamper with a generator’s safety devices.

 

• Do not attempt to repair a generator. A qualified technician should perform repairs and service as needed.

 

• Generator engine parts are very hot during operation. Severe burns may result. Always keep children away.

 

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

 

 

SECO News May 2021 Generator Safety Word Search

 

Generator Safety Word Search

 

A generator may come in handy during storm season. Make a commitment to safety while running a generator to protect you, your family and SECO employees and contractors.

 

May 2021 SECO News Word Search

 

 

SECO News May 2021 PCA Adjustment

 

PCA Adjustment

 

The commodities market is changing, and natural gas prices are rising. This affects fuel costs associated with producing power at Seminole Electric Cooperative’s natural gas plants. In turn, those costs are passed along to SECO members with the Power Cost Adjustment (PCA) factor line item on the monthly electric bill. On May 1, the SECO Energy PCA changed to keep pace with the market and wholesale power costs. The result is the cost of 1,000 kilowatt hours increased from $116.90 to $121.00

 

Need help paying your bill? View our interactive map to find an agency in your area.

 

 

SECO News February 2021 Winners' Circle

 

Winners’ Circle

 

Have you engaged with our virtual assistant Electra who can answer thousands of calls without missing a beat? Ask Electra for assistance instead of waiting to speak with a representative. Each week, we’ll draw one winner who will receive a $25 gift card. Winners are drawn from all members who called and successfully took care of business with Electra.

 

Winners Are:

 

Jeffrey Moody from Umatilla

 

Dona Macomber from Webster

 

Peter Cockcroft from Bushnell

 

Francis Campbell from Clermont

 

Winners in our Go Green and Win: Paperless Billing and Bank Draft incentive.

 

Josh McIntyre from Lake Panasoffkee is the winner of a $200 SECO Energy bill credit.

 

Thomas Binkley from Clermont is the winner of a NEST thermostat.

 

Jacob Dickman from Ocala is the winner of an Amazon Echo Dot with Alexa.

 

Read Winners’ Circle next month for more winners.

 

 

SECO News October 2020 StormCenter

 

StormCenter

 

Before the Atlantic hurricane season begins on June 1, enroll in StormCenter outage notifications via email, text, voice messages or all three.

 

StormCenter identifies the service locations affected by an outage and proactively sends a notification with the estimated restoration time, crew status and more. Once service is restored, you’ll receive a message that includes the outage cause if known. You can set do not disturb times if you don’t want to be called in the middle of the night about an outage or restoration. To choose notification preferences, visit StormCenter on the website and click on the Manage Notifications tab.

 

Reporting a new outage or checking the status of an existing outage with your smartphone or tablet is easy. Click “Report Outage” and enter the account holder’s last name and house number (or the account or phone number). Find the status of an existing outage on the Check Status tab.

 

Read the full May SECO News online.

SECO Energy Celebrates 83rd Annual Meeting Virtually

SECO Energy celebrated its “Just Business” 83rd Annual Meeting of the Membership on Thursday, March 25. Because of the continuing COVID-cautious environment and the need to limit large gatherings, the not-for-profit cooperative held the Just Business Meeting virtually.

 

Members tuned in via Facebook live, YouTube and live stream to watch the cooperative’s second virtual Annual Meeting. Board President and District 4 Trustee Richard Dennison called the Meeting to order and closed the voting platform at 4:30 p.m. SECO’s VP of Corporate Communications and Energy Services Kathryn Gloria led the invocation and asked the virtual audience to join her in the Pledge of Allegiance and the National Anthem. Ms. Gloria introduced the Trustees and welcomed District 9 Trustee-elect Morgan Hatfield, who began her duties at the Trustees’ Meeting on Monday, March 29. Ms. Gloria also introduced CEO Jim Duncan, Cooperative Attorney Scott Gerken and Executive Administrator to the CEO and Board Nora Brown, who served as Recording Secretary during the Meeting. Board Secretary/Treasurer and District 3 Trustee Gerald Anderson certified the Official Annual Meeting Notice that was mailed to all cooperative members per the terms of the Bylaws.

 

Mr. Dennison began his President’s Report by welcoming the virtual audience. He thanked the members who voted electronically, in person, by phone or by mail, and announced that SECO achieved a quorum by virtue of votes cast on Annual Meeting business. Mr. Dennison stated, “Florida cooperatives are required by statute to hold an Annual Meeting and must achieve a quorum to conduct official business. I am happy to announce that member voting participation has indeed helped us achieve a quorum this year. Thank you so much to all who cast a vote this year.”

 

Following the President’s Report, CEO Jim Duncan began his CEO Report. Mr. Duncan welcomed the virtual audience, performed the traditional military salute and first responders’ recognition. He acknowledged the Board of Trustees’ service and employees’ hard work and dedication to members.

 

Mr. Duncan also formally announced his plan to retire as CEO. Duncan stated, “Today is bittersweet for me. Earlier this year, I conveyed to the Board my plan to retire from SECO Energy in January 2022. That making the 83rd Annual Meeting my last as CEO. The decision to retire was a difficult and emotional one. My wife Connie and I have been married for 53 years, and we are looking forward to more vacations, scuba diving and family time with our sons and grandchildren.”

 

CEO Duncan’s state of the company address included an overview of his 42-year SECO career, the cooperative’s financial health, significant meter growth and reliability improvements during his tenure as CEO. Duncan stated, “Much has changed during my three decades as CEO. If you’ve been a member for decades, you may remember the days when our unflattering but true moniker ‘Sometimes Sumter’ was coined. Not only was our reliability marginal, but our rates were also some of the highest in the state. During my tenure as CEO, we dramatically improved service reliability through increased investments in our electric infrastructure and a strengthened vegetation management program.”

 

Cooperative Attorney Scott Gerken certified the 2021 Annual Meeting voting results. In total, 4,576 members voted on 2021 Annual Meeting business. As to the 2021 Bylaws Revision: 4,263 members voted “Yes,” 93 members voted “No,” and 220 members abstained. As to the 2020 Annual Meeting Minutes approval: 4,368 members voted “Yes,” 7 members voted “No,” and 201 members abstained. Mr. Gerken announced, “The membership clearly approves the 2021 Bylaws Revision and 2020 Annual Meeting Minutes.”

 

SECO Energy established a special phone number, email address and social media presence for the Virtual Annual Meeting. A panel of SECO employees interacted with members who posed questions and comments that were read and answered during the meeting by CEO Jim Duncan.

 

Mr. Duncan concluded the Virtual Annual Meeting by saying, “I appreciate you joining us and participating in the cooperative governance process.” He reminded members to stay tuned for the live prize drawing.

 

The meeting ended with the announcement of prize winners. All members who voted were entered into the random drawing for 100 prizes. Russell Rager from Tavares won the 2011 GMC Canyon 4X4 Extended Cab. A commercial member under The Stardust Collection account from Lake Panasoffkee won the golf cart that was provided at cost by The Villages Golf Cars. The four $1,000 winners are James Wilson from The Villages, Christine Hankla from The Villages, Kenneth A. Merritt from Center Hill and Leonard J. George from The Villages. Other prizes including Apple TVs, Instapots, toolsets, Amazon Fire tablets and airfryers will be shipped directly to winners. SECO will arrange for delivery of grand prizes. View the complete list of prize winners.

 

“Like” SECO’s Facebook page and “follow” @SECOEnergy on Twitter for news releases and cooperative updates. If you missed the virtual meeting, visit SECOEnergy.com>Your Co-op>Annual Meeting to view the video.