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SECO News March 2023

 

Dear Members,

 

SECO Energy is a not-for-profit electric cooperative operated for and owned by its members. Our business model requires and encourages member participation in District and Annual Meetings. One of the seven cooperative principles is Democratic Member Control which gives members a voice in the cooperative’s governance process. 

 

Our service area covers 2,100-square miles and is divided into nine Districts. SECO Energy’s Board of Trustees is a nine-member Board. One member from each District is elected by the members in that District to serve a three-year term.  

 

Collectively, the Board of Trustees represents the membership as a whole and meets monthly to monitor the cooperative’s financial status. The Board provides fiduciary and policy-making oversight to serve the best interests of the membership at large.  

 

This year SECO Energy held three District Meetings (Districts 2, 4, and 6) for members to elect a Trustee to serve on the Board. 

 

In District 2, four candidates submitted letters of intent to run. From those candidates, members re-elected incumbent Joyce Anderson as the District 2 Trustee. Mrs. Anderson has been a SECO member since 2017 and was first elected to the Board in 2020. She has earned the Director Gold Credential from the National Rural Electric Cooperative Association (NRECA), which is its highest Trustee accreditation. Mrs. Anderson also currently serves on the Board as Secretary-Treasurer. 

 

In District 4, members re-elected incumbent Richard Dennison as the District 4 Trustee. Mr. Dennison was first elected to the Board in 2015 and has been a SECO member since 1999. He too has earned the Director Gold Credential from the NRECA. 

 

Mr. Dennison has served previously as Board Vice President and President.  

 

In District 6, members re-elected incumbent Mike Muffett as the District 6 Trustee. Mr. Muffett was first elected to the Board in 2020 and has been a SECO member since 1984. He also has earned the Director Gold Credential from the NRECA.     

 

Please join the SECO team in congratulating Mrs. Anderson, Mr. Dennison and Mr. Muffett on their re-elections to the SECO Energy Board of Trustees. We look forward to continuing to support SECO Energy’s Mission, Vision and Core Values through the execution of our Strategy Map. 

 

Sincerely,

 

Curtis Wynn

Chief Executive Officer

 

Gerald Anderson

President, Board of Trustees

 

 

SECO Energy Foundation

SECO Energy Foundation

 

In January we launched the SECO Energy Foundation as an enhancement to our existing Pennies from Heaven. The Foundation is funded by members who round up their bills to the nearest dollar. The average donation is $6 annually. 

 

The enrollment mode changed in January from opt-in to opt-out. This decision was made with much forethought, research and more than anything, with strong consideration for improving the quality of life in the communities we serve. Like Pennies from Heaven, the Foundation will be funded largely through SECO’s electric bill round-up program. As a tax exempt nonprofit 501c3 entity, the Foundation can also apply for grants through other local, state and federal funding programs that align with SECO Energy’s and the Foundation’s goals.   

 

Just like Pennies from Heaven, participating members’ pennies are donated to the Foundation to fund grants and bill payment assistance that make a difference in the lives of members across the communities we serve. The SECO Energy Foundation will have more funding for our United Way partners and social service agencies to apply toward bill payment assistance for members in need and will also fund the scholarship program starting this year.  Equally important, the Foundation will also be able to accept a variety of grant applications that support SECO Energy initiatives outlined in our Strategy Map. 

 

SECO Energy’s Board of Trustees voted in March 2022 to create the Foundation and change the enrollment method. SECO Energy incorporated the SECO Energy Foundation, Inc. and it has complied with IRS and Florida’s Check a Charity registration requirements. Foundation Bylaws and Articles of Incorporation were filed appropriately and are posted on our website. Our research showed that an opt-out enrollment is becoming more mainstream.  

 

Contributions are tax-deductible for members who donate and allow the Foundation (as a nonprofit entity) to apply for grants from other local, state and federal sources. Grants may include investments in first responder equipment, energy-efficiency grants for low-income communities and senior/youth centers. 

 

Helping people in need and reducing costs are critical in today’s economic environment but we understand that supporting the Foundation is a personal choice. Any Pennies unknowingly/unintentionally donated will be fully refunded upon member request.  

 

If you want to stop your bill from rounding up to donate the extra pennies to the Foundation, visit SECOEnergy.com > Contact > SECO Energy Foundation. You can log into SmartHub and change your enrollment status, email CustomerService@SECOEnergy.com, call (352) 793-3801 or write to SECO Energy, Attn: Corp Comm, P.O. Box 301, Sumterville, FL 33585. 

 

Our ability to help disadvantaged members, to reduce our carbon footprint and lower costs for all members will be impacted by the Foundation’s focus on supporting SECO’s energy-efficiency initiatives. 

Read the full March 2023 SECO News online.

 

SECO Energy District 6 Members Re-elect Trustee Mike Muffett

SECO Energy members who reside in District 6 re-elected Mike Muffett as the District 6 Trustee to serve on SECO Energy’s Board of Trustees. The meeting was held in the District on Tuesday, January 31, at the Village View Community Church in Marion County for the purpose of electing a Trustee to represent District 6 on SECO’s Board of Trustees.

 

SECO Energy is a not-for-profit electric cooperative, operated for and owned by its members. SECO’s service area is geographically divided into nine Districts. One Trustee is elected from each of the nine Districts to represent their fellow members on SECO’s nine-member Board of Trustees. Collectively, the Board represents the SECO membership, meeting monthly to monitor the financial status of the cooperative while providing fiduciary oversight and participating in policy decisions that serve the best interests of the membership at large.

 

Trustee Muffett submitted a letter of intent to run for Trustee and was unopposed in his candidacy. SECO’s Bylaws currently require that the cooperative hold District Meetings. Subsequently, Florida Statute requires SECO to hold in-person elections; therefore, the cooperative continues to hold District Meetings as a means of electing Trustees. A drive-thru voting option was available for members for added convenience, to encourage participation, to practice social distancing and to reduce the size of the indoor meeting.

 

A SECO member since 1984, Mr. Muffett was first elected to SECO Energy’s Board of Trustees in 2020. Trustee Muffett earned his Director Gold Credential from the National Rural Electric Cooperative Association (NRECA). The Director Gold Credential is the highest Trustee accreditation from the NRECA.

 

Trustee Muffett is grateful for the support of his fellow District 6 SECO Energy members. Mr. Muffett stated, “Thank you to all District 6 members who attended the District Meeting and participated in SECO Energy’s democratic voting process. I am grateful for the community support I have received from District 6 members and SECO’s membership as a whole. Serving my community through my SECO Energy Board of Trustees service is an honor.”

 

Board President Gerald Anderson stated, “Congratulations, Mr. Muffett, on your re-election as District 6 Trustee. Thank you to the District 6 members who attended the Meeting. On behalf of my fellow Board Officers and peers, we are excited to support SECO Energy’s Mission and Vision through our Board service.”

 

Curtis Wynn CEO stated, “Mr. Muffett, the Board of Trustees and the SECO Energy membership is thankful for your Board service as District 6 Trustee. I congratulate you on your re-election and look forward to working with you and the Board for continued success at SECO Energy.”

 

To learn more about the Board of Trustees, visit SECOEnergy.com>Your Co-op. “Like” SECO Energy on Facebook and follow @SECOEnergy on Twitter for prize drawings, news releases, and severe weather alerts affecting SECO Energy’s service territory. Manage your outage notification preferences at StormCenter. To see reliability and expansion projects in your area, visit our new System Improvement Map. To learn more about SECO Energy as a not-for-profit cooperative, visit SECOEnergy.com > Your Co-op > About.
 

SECO Energy Trustee Mike Muffett Earns Director Gold Credential

SECO Energy Board of Trustees District 6 Trustee Mike Muffett has successfully completed the requirements to earn the Director Gold Credential (DGS) from the National Rural Electric Cooperatives Association (NRECA).

 

According to the NRECA, the DGC recognizes directors/trustees who desire a tangible credential that demonstrates their ongoing commitment to advancing their knowledge and performing their fiduciary duty to the best of their ability. The DGC offers a continuing education path for directors/trustees beyond the Credentialed Cooperative Director (CCD) and Board Leadership Certificate (BLC).

 

SECO Energy is a not-for-profit electric cooperative operated for and owned by its members. SECO’s nine-member Board of Trustees consists of members who live in SECO’s service area. Trustees are elected to oversee the governance of the cooperative. Each Trustee on SECO Energy’s Board is elected by the members who reside in his/her District. Collectively, the Trustees are responsible for establishing, reviewing and revising corporate policies to ensure that SECO continues to preserve reliable, affordable service for all members.

 

Trustee Muffett resides in Summerfield and has been a SECO Energy member since 1984. Mr. Muffett was elected to the SECO Energy Board of Trustees in 2020.

 

Trustee Muffett stated, “I am grateful for the education path provided by the NRECA to increase my knowledge of electric cooperatives and the not-for-profit business model. Serving the members who reside in District 6 and the SECO membership as a whole is an honor. I am grateful for the opportunity to serve our local communities through my work on SECO’s Board.”

 

CEO Curtis Wynn extended his congratulations to Trustee Muffett stating, “Congratulations, Mr. Muffett, on achieving the NRECA’s Director Gold Credential. Following the educational path established by the NRECA is quite the accomplishment. Thank you for your Board service and your commitment to our members and communities.”

 

“Like” SECO’s Facebook page and follow @SECOEnergy on Twitter for prize drawings, news releases, and severe weather alerts affecting SECO Energy’s service territory. To see when SECO Energy crews/contractors are working in your area, visit SECOEnergy.com>Newsroom>System Improvement Map. To learn more about SECO Energy as a not-for-profit cooperative, visit SECOEnergy.com>Your Co-op>About.

 

SECO News November 2022

SECO News November 2022 Message From District 6 Trustee Mike Muffett

Dear Members,

 

Your SECO Energy Board of Trustees unanimously approved a Capital Credits retirement of $2.9 million to current and former members. Look for your Capital Credits retirement amount on your November billing statement.

 

Sumter Electric brought electricity to rural residents of Central Florida through the Rural Electrification Act (REA). In 1938, the cooperative energized its first 400 meters. Now doing business as SECO Energy, we have grown into a regional utility that serves over 225,000 homes and businesses in seven Central Florida counties. We pay tribute to our cooperative founding – rooted in serving impoverished, disenfranchised and hard-to-reach residents who were not provided with electric service by investor-owned utilities.  

 

Capital Credits are a unique financial component of cooperatively structured, not-for-profit businesses. As a member, you are a partial owner of the cooperative. Since our founding, we have regularly retired/returned a portion of the cooperative’s equity to current and former members. SECO Energy has retired over $80 million to its membership.

 

Your monthly energy purchases build patronage capital – you own a portion of SECO’s equity. Ownership is defined through the annual process of allocating each member’s share of the co-op’s margins from the prior year. Individual Capital Credit allocations represent the percentage of the annual amount of electric service purchased by each member.

 

After the co-op meets its operating costs and expenses, the prior year’s revenues are accumulated as Capital Credits. These credits are allocated pro-rata to each member’s account as Capital Credits. Yearly, SECO examines the cooperative’s financial position and recommends the “retirement” of Capital Credits. Your Board of Trustees reviews the recommendation and determines the approval of the Capital Credits return. This year’s $2.9 million retirement means SECO is returning a portion of the cooperative’s equity to its membership.

 

A line item appears on November billing statements labeled “Capital Credit Ret.” Active commercial account members with retirements over $600 will receive a check. Former members who receive a retirement over $10 will receive a check. If you move out of SECO’s service area, keep your mailing address updated so we can mail future retirements to your new address.

 

SECO Energy is one of the fastest-growing cooperatives in the nation. We are the third-largest distribution cooperative in Florida and seventh largest in the country. Though we are no longer a rural utility, we remain consistent in the not-for-profit practice of returning Capital Credits to our members.  

 

On behalf of the Board of Trustees, thank you for your SECO Energy membership.

 

Sincerely,

 

Mike Muffett

District 6 Trustee

 

 

SECO News November 2022 Safety Corner Tis The Season

Safety Corner-Decorating Safely

 

Members who live in neighborhoods with area light posts and poles must refrain from using these to display your holiday decorations. This is a safety hazard. Light poles and posts are not made for or rated for the added weight of decorations, signs or banners. 

 

Do not affix signs, advertisements, banners and sports equipment to SECO poles. Nailing, stapling or tacking items to poles increases wear and degrades their structural integrity. Protrusions can injure or puncture an employee or contractor’s protective equipment. The pole’s ground wire can also be damaged. Most important, we don’t want our members injured while hanging lights or decorations from a pole not meant to support the weight of the décor or ladder leaned against it.

 

Learn about our “Keep It Clear – We Work Here” safe clearance requirements around poles, meters, transformers and secondary enclosures at SECOEnergy.com > Safety > Keep It Clear.

 

 

February 2020 SECO News LightFinder area light reporting

Area Light Outage Reporting

 

If you notice an area light that is out, flickering, or on during the day, report the malfunction online using LightFinder on our StormCenter platform. LightFinder is available to report outage light issues 24 hours a day, 7 days a week – even on weekends.

 

To report, visit SECOEnergy.com > StormCenter and choose LightFinder. Enter the pole number or closest address in the search bar in the upper left. An icon represents each light. Working lights are shown as a green icon, while a red icon is a light that has already been reported as malfunctioning. The icon is orange if the light has been repaired in the last 24 hours. A gray icon represents inactive lights and a blue icon is a member-owned light. 

 

Complete the short reporting form and submit your email address to receive updates about the light’s repair status. Most area light issues are repaired within 24 hours.

 

 

SECO News November 2022 Vehicle Accidents And SECO Energy Facilities

Vehicle Accidents And SECO Energy Facilities

 

The National Safety Council (NSC) estimates over 46,000 people died in motor vehicle crashes in 2021. Deaths have increased by 8 percent from 2020 (42,338) and 17 percent from 2019 (39,107). This trend is going in the wrong direction. 

 

Vehicle accidents affect electric service as well. Between January and August this year, vehicle accidents accounted for 52 separate outages, interrupting electric service for 22,576 accounts. Car accidents involving SECO facilities occur almost twice a week on average in our service area. 

 

In 2020, the number of car versus pole/facilities accidents began to rise. That year, 91 separate outages caused by vehicle crashes affecting our facilities interrupted service to 31,170 homes and businesses. In 2021, the number increased again to 99 separate outages affecting 37,907 homes and businesses. 

 

The NSC finds that drivers’ behavior must change to save lives. Drivers may be distracted by passengers or their phones or under the influence of drugs or alcohol.  

 

SECO pursues reimbursement for property damage caused by vehicle accidents through our insurance carrier. But these accidents cost the cooperative and its members. Extensive damage to facilities or a law enforcement investigation creates longer restoration times and member satisfaction suffers. Cooperation with law enforcement and emergency services at a crash scene is a priority. 

 

If you are involved in a crash with downed power lines – stay in the vehicle, if safe to do so, and wait for rescue. Downed lines may be energized and can kill. If you must exit the car, jump away from downed lines, land with both feet on the ground then shuffle and walk away.  

 

DON’T BECOME A STATISTIC. For more ideas on how to be safe around electricity, visit SECOEnergy.com > Safety > Electrical Safety. 

 

 

Santa’s Coming!

 

SECO Energy employees are lending a hand to spread Christmas joy and cheer to local children. Our employees generously take part by donating new, unwrapped toys for our annual corporate Marine Corps Reserve Toys for Tots drive. 

 

Members can donate new, unwrapped toys as well. Our five Member Service Centers in Eustis, Groveland, Inverness, Ocala and Sumterville serve as public drop-off locations between November 1 to December 2.

 

Retired Marines and other volunteers operate Toys for Tots and pick up donations to distribute the toys to children in need. All donated toys are distributed in the local area where they were collected. Members who want to register to receive toys donated through Toys for Tots can visit ToysforTots.org > Request a Toy.

 

SECO Energy’s Pennies from Heaven program has pledged $5,000 this year to complement employees’ Toys for Tots donations. Our Pennies from Heaven program is transitioning to the SECO Energy Foundation in January 2023. We are excited to expand the giving in our communities. 

 

 

SECO News August 2022 SECO Energy Foundation Pennies From Heaven Transition

SECO Energy Foundation Enrollment Change – January 2023

 

Update your SECO Energy Foundation enrollment status before December 31, 2022. The Pennies from Heaven program is transitioning to the SECO Energy Foundation. All SECO members will be automatically enrolled in the Foundation at year-end unless they have pro-actively unenrolled.

 

The SECO Energy Foundation’s goal is to increase community outreach and member bill payment assistance. The Foundation will round enrolled members’ bills up to the nearest dollar. The average donation per member whose bill is rounded up is $6 annually. 

 

To update your SECO Energy Foundation enrollment status, visit SECOEnergy.com > Contact >  SECO Energy Foundation. Send an email to CustomerService@SECOEnergy.com, call (352) 793-3801 or write to SECO Energy, Attn: Corp Comm, P.O. Box 301, Sumterville, FL 33585 by December 31, 2022.

 

 

PURPA hero

Public Utility Regulatory Policies Act (PURPA) of 1978

 

PURPA was enacted to encourage investments in conservation, efficient use of facilities by electric utilities and equitable electric rates. In 2009, PURPA required qualified electric utilities to consider three new 111(d) standards pursuant to the Energy Independence and Security Act of 2007 (EISA).

 

Recently, the 2021 Infrastructure Investment and Jobs Act (IIJA) requires non-regulated cooperatives (such as SECO Energy), municipal utilities, and state regulators (for regulated utilities) to consider adopting two new standards under Section 111(d) of PURPA.   

 

Following direction from NRECA, SECO does not presently intend to conduct a live hearing but will, via its comment and response periods, along with the opportunity for member attendance at Board meetings where they are allowed to be heard on matters affecting the Cooperative, enable our members to be heard throughout this process. Consideration of standards need to focus on how implementation is consistent with the purpose of PURPA: 

 

  • the promotion of energy conservation 
  • optimization of the efficiency of use of facilities and resources, and  
  • equitable rates to electric consumers 

  

SECO Energy’s Board of Trustees approved a Resolution at the October 24 Board Meeting to enact the process to consider the two new standards and to engage in a public comment period to consider our members’ input on the topic. 

 

SECO will seek public comments online or via USPS from members beginning April 1, 2023. 

 

 

Read the full November 2022 SECO News online.

 

SECO Energy Trustee Mike Muffett Earns Credentialed Cooperative Director Certificate

SECO Energy congratulates District 6 Trustee Mike Muffett on earning his Credentialed Cooperative Director (CCD) Certificate from the National Rural Electric Cooperative Association (NRECA). The CCD is the first part of the NRECA’s Director Education Program.

 

According to the NRECA, directors/trustees seeking the CCD certification must complete five courses that focus on basic cooperative governance and the essential skills required of cooperative directors/trustees. The CCD prepares directors/trustees to fulfill their fiduciary duty as elected officials serving on behalf of their membership. Upon completion of the five CCD required courses, directors/trustees are awarded the Credential Cooperative Director Certificate.

 

SECO Energy is a not-for-profit electric cooperative, operated for an owned by its members. SECO’s nine-member Board of Trustees consists of members who live in SECO’s service area. They are elected to oversee the governance of the cooperative. Each Trustee on the Board is elected by the members who reside in his/her District. Collectively, the Trustees are responsible for establishing, reviewing and revising corporate policies to ensure that SECO continues to preserve reliable, affordable service for all members.

 

Trustee Muffett is proud earn the Credentialed Cooperative Director Certificate through the NRECA. Mr. Muffett stated, “I am proud to have completed the education requirement to earn the Credentialed Cooperative Director certification through the NRECA. I am extremely honored that the members of District 6 have put their trust in me to represent them on the SECO Energy Board of Trustees. I look forward to continuing my Board education through the NRECA.”

 

CEO Jim Duncan stated, “Congratulations, Trustee Muffett, on earning your Credentialed Cooperative Director Certification. I am thankful for your Board service and willingness to serve as your District’s representative on the SECO Energy Board.”

 

View our Board of Trustees page for a brief bio of SECO Energy’s Board of Trustees and a District boundaries map. “Like” SECO’s Facebook page and “follow” @SECOEnergy on Twitter for news releases and cooperative updates.