SECO Energy is prepared for Tropical Storm Eta and its possible effects on its service territory. While Tropical Storm Eta’s ultimate track and intensity remain uncertain, SECO members should expect rain and wind to blanket the area. The National Hurricane Center (NHC) forecasts that rainbands from Tropical Storm Eta will affect the area through […]
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SECO Energy is tracking Tropical Storm Eta and the possibility of a late-season tropical storm event for Central Florida. While Tropical Storm Eta’s eventual track and possible Florida landfall remain uncertain, SECO is prepared for the weather effects this storm could bring to its service area. The National Hurricane Center (NHC) forecasts that Tropical […]
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SECO Energy has positive financial news for its 210,000+ members. The not-for-profit electric cooperative is retiring a record $6.1 million in Capital Credits to current and former members. During the September Board Meeting, the SECO Board approved the record-high $6.1 million Capital Credit retirement. Current members will see their portion of the retirement on […]
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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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In mid-September when Hurricane Sally left thousands of Florida Panhandle residents without power, SECO Energy answered Escambia River Electric Cooperative’s (EREC) call for assistance. On September 17, thirteen SECO employees departed in a caravan of trucks bound for EREC’s service area to aid in power restoration. After five days of repairing damage and restoring […]
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SECO Energy is reopening its five Member Service Centers to walk-in traffic on Monday, October 5. To promote the health and wellbeing of SECO members, employees and contractors, SECO encourages visitors who enter a Service Center to wear a face mask. For members who want to continue limiting face-to-face interactions, all SECO Member Service […]
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SECO Energy is once again lowering the cost of electric service. The not-for-profit electric cooperative will apply a higher member-favorable Power Cost Adjustment (PCA) to members’ bills beginning October 1, 2020. The PCA calculation appears on monthly statements as a line item titled “Hot Bucks.” Since January 1, 2020, SECO’s rate for the first […]
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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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At SECO Energy, our purpose and our values govern every decision we make. Our purpose is to provide exceptional service to our members, co-workers, and communities. Our values are six-fold and include safety, member commitment, honesty and integrity, strong work ethic, teamwork and open communication. In many instances, our purpose and our values work hand […]
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SECO Energy is sending crews to aid in power restoration after Hurricane Sally left thousands without power in the Florida Panhandle. Thirteen SECO employees left the Ocala Operations Center early this morning traveling to Escambia River Electric Cooperative (EREC) in Jay, Florida. Hurricane Sally made landfall in Gulf Shores, Alabama as a CAT 2 […]
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