electric vehicles

Energy Insider – 4th Quarter 2022

EVs (Electric Vehicles) are becoming more popular by the day; however, order lead times continue to lengthen. If you’re planning to purchase an EV, expect to wait months or longer for delivery depending on the make/model you select. We have linked to a few references for wait times:

FleetEvolution.com

Electrifying.com

Business Insider

On the normal afternoon drive, it is no longer a surprise to see a Tesla, Leaf, Prius, or even high-performance electric vehicles traversing our highways. Technology is advancing rapidly, and more industries are using EVs in normal functions. Cities are investing in electric garbage trucks, established companies are starting to utilize EVs for urban delivery services, and counties are reviewing the benefits of electric school buses with the Sumter County School District recently being awarded a $1.2 million EPA Clean School Bus Rebate.

Every facet of our lives is inundated with more electrically charged products. The question then becomes, “When does it make sense for me to transition to an electric vehicle?”

There are typically three reasons for the transition when speaking with members of the public and private sectors. The first reason is financially driven. The ROI (Return on Investment) shows that it is a sound investment in certain scenarios. The second reason is the environment. EVs are seen as a climate-friendly alternative to ICE (Internal Combustion Engines) vehicles and the benefits to the environment are viewed as a good reason to embrace EVs. The third is one of the trailblazers. Some choose early adoption to be at the forefront of technology and study the benefits and drawbacks firsthand. Because the third reason is more of a personal/business preference rather than a business-minded transaction, we would like to expound on the financial and environmental ROIs to be considered for an EV transition.

You may be surprised that with federal tax credits, the purchase of an EV may be less than the advertised sticker price. The federal rebate program can be as high as $7,500 and is available on both used and new EVs. Your dealership and tax accountant can help you determine the accurate credit per vehicle. Crucial factors such as final assembly location, battery capacity, and even vehicle weight play a part in determining the final tax credit amount.

The next consideration is the savings seen per mile driven between an EV and an ICE vehicle. The DOE (Department of Energy) states there is a 4-cent difference per mile between operating a gas-powered car and an EV. This 4-cent difference in favor of the EV may seem insignificant but over the lifetime of the vehicle, an EV is even more economically friendly to own. EVs also have lower maintenance costs. The average maintenance cost over 200,000 miles (about 321,869 km) for an ICE vehicle can be as high as $20,000, while only costing on average $12,000 for EVs. Maintenance costs are where the true ROI resides in your decision-making process for choosing between an ICE vehicle and an EV. Our SECO Energy EV Page has valuable information to help you decide if you should purchase an EV. The website also provides operating cost comparisons for both gas-powered and electric vehicles.

The environmental ROI is still an ongoing question in the minds of people hesitant about the EV industry and its promises. This is where one finger points at another. Some tout that EVs are more beneficial to the environment because they do not consume traditional oil and gasoline/diesel; therefore, they are the better alternative to ICE vehicles. Others question the amount of intense mining required for battery production along with the fuel mix employed to charge the EV continually. Cobalt, graphite, lithium, manganese, copper, and nickel are all metals used in these batteries. According to John Stossel’s New York Post article, the average EV will not reach carbon neutrality until the 60,000-mile mark. In countries with heavy hydro or geothermal-produced electricity, EVs will produce fewer emissions per mile due to lower carbon utilization. Many issues must be researched more fully, but these points are not mutually exclusive. Both can be true at the same time. The fact is that larger vehicles such as planes, buses, large trucks, and heavy equipment operations consume most of the world’s oil. The replacement of these vehicles with electric battery technology has just started in many ways and will continue to develop in the years to come.

The slow deluge of EVs in the market will continue and for some, it is the shiny new advancement in technology that wins the hearts of many; however, for most, it must make financial and/or environmental sense to take the plunge. The federal government has made its pick. It is all in on electric vehicles. Are the tax credits being offered enticing you to transition? What say you? Does the cost analysis make sense for you, or are the environmental aspects of the EV industry the key to your potential transition? As Confucius once said, “The man who asks a question is a fool for a minute, the man who does not ask is a fool for life.”

Jeff Light, SECO Energy Key Accounts Consultant

JEFF LIGHT

Manager of Key Accounts & Revenue Programs
OFFICE: (352) 569-9787
CELL: (352) 250-2863
jeff.light@secoenergy.com

Hank Bolduc, SECO Energy Key Accounts Consultant

HANK BOLDUC

Key Accounts Consultant
OFFICE: (352) 569-9789
CELL: (352) 303-3546
hank.bolduc@secoenergy.com

Ryon Meyers, SECO Energy Key Accounts Consultant

RYON MEYERS

Key Accounts Consultant
OFFICE: (352) 569-9781
CELL: (352) 636-9593
ryon.meyers@secoenergy.com

SECO Energy Key Accounts Consultant Dustin Merritt

DUSTIN MERRITT

Key Accounts Consultant
OFFICE: (352) 569-9782
CELL: (352) 303-3183
dustin.merritt@secoenergy.com

Energy Insider – 2nd Quarter 2021

Ford just recently announced its entry into the EV pickup class with the introduction of the F-150 “Lightning.” The new pickup will make its debut next spring when it begins rolling off the line in Dearborn, Michigan. Similarly, Tesla has begun construction of its Cybertruck facility and startup in Austin, Texas. Rivian began supplying Amazon with EV delivery vans in February of this year. Chevrolet/GMC anticipates entering the truck EV market in 2023 after investing in another battery plant in April.

What do these developments mean to you? If your company’s line of work requires the use of trucks or vans, there are new EV options to consider. Increased savings realized from fuel cost reductions, lower maintenance needs and employee efficiency in everyday activities involving your vehicles make EVs more economically attractive than ever.

EVs have no need for combustion engine maintenance or fluid checks, saving you time and money. Less moving parts means greater reliability in your transportation network. “Fueling” means at the end of the workday your employee simply plugs the vehicle into a charging network and charges overnight (or during off-shift times). Say goodbye to fleet fueling contracts! The transition to more electric vehicles will prompt utilities over time to provide lower energy costs during “off-peak” hours resulting in further savings in the long run for companies that invest in EVs.

The announcement of Ford’s Lightning and the Amazon investment to purchase 100,000 Rivian delivery vans is gaining attention in the marketplace. Imagine not having the need for gas or diesel pumps and issuing fuel cards to your drivers. Additionally, the purchase price of EVs are lining up with traditional fossil-fueled vehicles making them even more attractive. EV warranties are improving each year and range anxiety is becoming a thing of the past with vehicles traveling longer distances between charges because of improvements in battery management systems and technology.

If you are contemplating “electrifying” your fleet, SECO Energy can help. Visit our Electric Vehicles section on our website to find a wealth of information to help you make an informed decision. You can even calculate your potential savings swapping from fossil fuel to electric. If you are interested in exploring a charging network at your location, we can assist with those needs as well. Our team of energy professionals provides customized solutions to meet your charging needs. Whether you want a single charger or are contemplating a multi-charger project, our turn-key solutions make it easy to achieve your goals. Contact your key account consultant for details.

BARBIE SHAW

Manager of Key Accounts & Revenue Programs
OFFICE: (352) 569-9787
CELL: (352) 303-3567
barbie.shaw@secoenergy.com

Hank Bolduc, SECO Energy Key Accounts Consultant

HANK BOLDUC

Key Accounts Consultant
OFFICE: (352) 569-9789
CELL: (352) 303-3546
hank.bolduc@secoenergy.com

Ryon Meyers, SECO Energy Key Accounts Consultant

RYON MEYERS

Key Accounts Consultant
OFFICE: (352) 569-9781
CELL: (352) 636-9593
ryon.meyers@secoenergy.com

Jeff Light, SECO Energy Key Accounts Consultant

JEFF LIGHT

Key Accounts Consultant
OFFICE: (352) 569-9790
CELL: (352) 303-3183
jeff.light@secoenergy.com

SECO News, April 2021

Duncan’s Digest – Inverness Substation Upgrade

SECO Energy’s service territory covers 2,100 square miles, which is about the size of Delaware. At year-end 2020, we were serving 216,477 homes and businesses in seven Central Florida counties. The bulk of our members live in Citrus, Lake, Marion and Sumter Counties, with smaller numbers of members in Hernando, Levy and Pasco Counties.

Our cooperative purpose is to provide exceptional service to our members, co-workers and communities. That exceptional service is reflected in SECO Energy winning coveted J.D. Power awards in 2015, 2016 and 2017 when our satisfaction scores topped all utilities in the nation. In 2020, we upheld our position as an American Customer Satisfaction Index (ACSI) frontrunner in Florida and nationally with a score of 91.

We definitely have a strong reputation to uphold. Another example of our exceptional service is a meticulous inspection and maintenance schedule that ensures day-to-day reliability while expanding an electric system that meets both current and future members’ energy needs.

In the July 2020 SECO News edition, I communicated about the Marion Oaks substation rebuild underway in Marion County. That project, including the demolition of the older adjacent substation, is almost complete.

A new project in the works is the Inverness substation rebuild in Citrus County. The Inverness substation was reconstructed in 1982. Due to its age, the substation needed a complete rebuild. This substation serves just under 6,000 members. The rebuild includes a high-side ring bus and steel structures that support the heavy, high voltage transmission line. The high-side ring bus will increase service reliability for all members served by the Inverness sub by creating redundancy through looped service.

The Inverness substation rebuild also improves reliability for members served by the nearby Floral City substation as well. Both substations are looped in with two separate Duke Energy transmission lines. Currently, members served by both substations experience an outage if even one of the Duke transmission lines experiences a fault or operates. When the new ring bus is in place at the Inverness substation, members served by our Floral City sub will no longer experience an outage if the fault occurs between the transmission line and the Inverness substation.

Along with the ring bus on the high side, we’re working to re-gasket the existing power transformer, install a new metering package and implement a state-of-the-art relay schematic. The new foundation is in place, the fence surrounding the substation has been installed, and a new control house is being constructed on-site. The Inverness substation rebuild is on schedule for completion in early summer, just in time for storm season to arrive.

The total value of our electric facilities systemwide is inching closer to the $1 billion mark. At year-end 2020, the value of SECO’s utility plant was $955.9 million. We’re spending about $3.2 million per month to improve existing members’ service reliability and to build new infrastructure to meet the growing demand in our area.

Without question, your electric service is supported by an extensive, robust and well-maintained infrastructure.

Sincerely,

Jim Duncan

Chief Executive Officer

Advice from The Old Farmer’s Almanac

The Old Farmer’s Almanac recommends the best days in April and May to complete indoor and outdoor projects. Ready for spring cleaning? Wash windows on April 10 and 11 and May 7 – 9, and wash floors on April 8 and 9 or May 5 and 6. The best days to bake are on April 18 and 19 and May 15 and 16. If spring yard work is on your list, the best days prune to encourage growth are April 20 and 21 and May 17 – 19. Prune to discourage growth on April 1, 2, and 10 and May 7 – 9.

Call 811 Before You Dig

Longer days and sunny weather make spring the perfect time to tackle your honey-do list. April is Safe Digging Month and Florida law requires you to call 811 or visit www.call811.com online before you dig.

811 is a free service that will locate and mark underground utilities on your property or in the area you plan to dig. Never install a fence, plant a garden, add new landscaping or trees before contacting 811. Are you working with a contractor on a project? Make sure your contractor has connected with 811 before beginning the project on your property.

Wait for the flags! Keep shovels out of the ground until the 811 locating service has responded to your request and flagged the approximate area where underground utility lines (electric, water, gas, communications, etc.) are located.

Know what’s below – call 811 before you dig. In Florida – it’s the law.

EV Charger Winner

Pamela Gladd from Minneola is the March 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.

Spring for Energy Savings

The Department of Energy (DOE) at energy.gov estimates the energy used to cool and heat your Central Florida home is 35 to 40% of your total energy consumption. You control how and when you use electricity. The condition and age of your home’s HVAC system, insulation, roof, windows, ducts, appliances and lifestyle also affect your energy consumption. Newer, well-insulated, properly weatherized homes with double-pane windows and ENERGY STAR-rated appliances consume less energy.

The number of people living in your home and weather also affect energy consumption. More people living in the house create more laundry, heating, cooling, cooking and increased hot water and electronics use. Central Florida is known for scorching summer temperatures that cause your HVAC to work overtime to keep the home cool. During a cold snap, the heating system also runs more frequently to warm the house.

Want help to reduce your energy consumption and lower your monthly energy bill? SECO Energy’s online energy-efficiency tools can help you spring for energy savings with low-cost and no-cost tips and ideas to help you reduce your energy use.

Home Energy Assessment

Our Home Energy Assessment is an online energy audit that you can complete from the comfort of your home. Fill out the assessment based on your home and lifestyle. Submit your answers and email address, and in just minutes you’ll receive energy-savings advice tailored to your home and lifestyle. Complete the energy-saving ideas, and you’ll be on your way to consuming less energy – and saving money.

Energy Estimator

Are you interested in seeing the math associated with your energy usage? Visit our Energy Estimator online to calculate the estimated costs for each of your home’s appliances and electronics. Submit your email address to receive no-cost and low-cost energy-savings suggestions via email.

Energy Savings Word Search

After completing our Home Energy Assessment and Energy Estimator, sharpen your energy-saving knowledge with this month’s Energy Savings word search.

2021 Atlantic Hurricane Season Early Warning

Traditionally, the Atlantic hurricane season begins on June 1. But the past six hurricane seasons have seen hurricanes and tropical storms form in mid-May. Because of this change, the National Hurricane Center (NHC) will begin its Atlantic Tropical Weather Outlook earlier on May 15 instead of waiting until June 1.

What does this mean for SECO Energy members? SECO is StormReady, and we encourage you to begin your preparations for hurricane season now. Don’t wait until a hurricane or tropical storm is heading our way to prepare.

Learn more about hurricanes and tropical storms in our Hurricane Handbook. You’ll find helpful information on emergency supplies for people and pets. We’ve also included tips for before, during and after a storm. Pick up a copy of our Hurricane Handbook at one of our five Member Service Centers or visit our Storm Preparation page.

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.

February’s Winners Are:

Mark Fagan from Clermont

Lynn Pulchano from Inverness

Don Whittigton from Dunnellon

Sandra Ennulat-Davis from Eustis

Congratulations to our three March winners in our Go Green and Win: Paperless Billing and Bank Draft incentive.

Narasimha Murthy from Tavares is the winner of a $200 SECO Energy bill credit.

Karen Chapman from Ocala is the winner of a NEST thermostat.

John Johnson from Summerfield is the winner of an Amazon Echo Dot with Alexa.

Read Winners’ Circle next month for more winners.

Thank a Lineman License Plate

Members can show their support for the thousands of Florida lineworkers and utility personnel who restore power to millions of Floridians after devastating natural disasters by ordering a “Thank a Lineman” license plate. The 2020 Florida Legislature approved the plate after Governor Ron DeSantis signed HB 1135 into law.

This cause is local and benefits a key SECO Energy employee recruitment partner. For every “Thank a Lineman” plate sold, $25 goes to Lake-Sumter State College (LSSC) to support their Electric Utility programs. According to LSSC’s website (www.lssc.edu), the college is ranked in the top 150 Community Colleges nationally. Their student job placement or continuing education rate is 97%. The scholarship boost is an exciting opportunity for LSSC, utility personnel across the state and cooperative members.

Reserve your plate today by purchasing a pre-sale voucher. Purchase avenues vary from county to county. Contact your local county tax collector’s office for guidance or visit https://myfloridaspecialtyplate.com/lineman-order.html, where you can pay for the pre-sale voucher and process your order online. Learn more at www.thankalineworker.com.

The actual “Thank a Lineman” license plates will be available once the pre-sale threshold is met.

Read the full April 2021 SECO News online.

Energy Insider – 1st Quarter 2021

Welcome to the end of Q1 2021! Needless to say, 2020 created some interesting challenges in how we conduct business. Companies found creative ways to cut overhead and do more with less due to the unparalleled consequence of the COVID-19 pandemic. Since the Inauguration in January, the direction of the country has drastically changed. The conversations about sustainable energy, in addition to the new and invigorated attention to electric vehicles (EVs), is reaching an all-time high with businesses and individuals alike.

As businesses explore EVs as a possibility for their fleet, some very interesting information has come to light and many businesses are deciding to join the EV movement. With this change, several cost savings come to fruition immediately. As an example, with a fleet of EVs, the extremely costly fleet fueling contracts become nonexistent. If you do not have the fleet fueling contracts, the unproductive man hours associated with sitting at a fuel island waiting to be fueled becomes a thing of the past. The scheduled maintenance of normal combustion engine vehicles ceases to exist, equating to more cost savings in labor, petroleum products, and downtime for the vehicle.

“Range Fear” is always an EV topic of concern for businesses and individuals. However, improvement in technology and batteries make range fear a rapidly diminishing concern. Many EVs can travel 200-300 miles on a single charge, making EVs a much more conducive option for businesses. Many batteries today have a multi-year and up to 100,000-mile warranty, helping to ease the fear of the reliability of electric vehicles.

When we discuss sustainable energy, reducing the carbon footprint is always at the heart of the matter. Many big businesses have pledged to reduce their carbon footprint with some touting to be mostly green energy fueled much sooner than later. Part of their plan is dependent upon EVs. With no tailpipe emissions, an electric vehicle fleet can greatly reduce your business’ carbon footprint.

Tax credits are still available on some makes and models as well. Taking this idea into the total budget discussion, the cost of the initial purchase is lucrative when you consider total cost of the vehicle over the life of the vehicle. Operating electric vehicles can cost three to five times LESS than a conventional internal combustion engine, depending on local fuel cost and electric rates. As a bonus, some manufacturers are giving consumers a level two charger with the purchase of a new EV.

Take “charge” of your fleet, the wave of the future is now. For more information about EVs visit our
Energy Solutions website section.

BARBIE SHAW

Manager of Key Accounts & Revenue Programs
OFFICE: (352) 569-9787
CELL: (352) 303-3567
barbie.shaw@secoenergy.com

Hank Bolduc, SECO Energy Key Accounts Consultant

HANK BOLDUC

Key Accounts Consultant
OFFICE: (352) 569-9789
CELL: (352) 303-3546
hank.bolduc@secoenergy.com

Ryon Meyers, SECO Energy Key Accounts Consultant

RYON MEYERS

Key Accounts Consultant
OFFICE: (352) 569-9781
CELL: (352) 636-9593
ryon.meyers@secoenergy.com

Jeff Light, SECO Energy Key Accounts Consultant

JEFF LIGHT

Key Accounts Consultant
OFFICE: (352) 569-9790
CELL: (352) 303-3183
jeff.light@secoenergy.com

SECO News, November 2020

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 former members. Look for your Capital Credit retirement on your November bill.

The concept of Capital Credits is unique to not-for-profit, cooperatively structured businesses. You and your fellow 210,000+ cooperative members own a portion of SECO Energy’s equity. Your energy purchases build patronage capital. 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 yearly amount of electric service purchased by each member.

Capital Credits are the accumulation of all prior years’ revenues after the co-op’s operating costs and expenses are paid. These credits are allocated on a pro-rata basis to each SECO member’s account as Capital Credits. Annually, SECO examines the cooperative’s financial position and makes a recommendation to the Board of Trustees on the “retirement” of Capital Credits. This year’s $6.1 million retirement means SECO is returning a portion of the cooperative’s equity to current and former members.

Current members will see the retirement amount on the November billing statement as a line item labeled “Capital Credit Ret.” All active commercial members with retirements over $600 will receive a check. Former members who receive a retirement over $10 will receive a check as long as they’ve kept SECO advised of an updated mailing address. If you move out of SECO’s service area, keep your mailing address updated so we can send future Capital Credit retirements your way.

For many, the COVID-19 pandemic and economic uncertainty of 2020 have been stressful. I am pleased that our members will receive a tangible benefit of the not-for-profit cooperative business model with a $6.1 million Capital Credit retirement this year. Since we energized the first few hundred members’ services in 1938 as Sumter Electric Cooperative, Inc. to now doing business as SECO Energy, we have retired $72.9 million to current and former members.

It is our privilege to be your electric provider.

Sincerely,

Jim Duncan

Chief Executive Officer

Duncan’s Digest Extra – Prepaid Meter Upgrade Serves as AMI Pilot Project

You’re hearing from me twice this month due to important news that will affect the 6,300 members currently enrolled in the SECO Energy MyWay PrePay program.

Currently, the prepaid program uses an electric meter with an older cellular data communications system to send automated daily meter readings back to SECO. Members enrolled in the prepaid program can log in to their online accounts/apps to view their daily energy use and to use a flexible “pay-as-you-go” approach to their energy use.

Unfortunately, the cellular communications infrastructure currently used in these meters is becoming outdated with the advent of LTE and 5G. The meters and backbone system must be updated to remain operational as a prepaid program before year-end 2020. At the same time, this equipment upgrade allows SECO to fulfill a secondary purpose as a pilot project for a potential future AMI (Advanced Metering Infrastructure) system. Lastly, it allows SECO to offer a future time-of-use (TOU) rate to members with electric vehicles to save money by charging in lower-cost off-peak periods.

We have partnered with Honeywell to replace the existing and soon-to-be outdated prepaid meters with a device that offers more advanced utility-based capabilities. Recently, Honeywell joined forces with Verizon to bring AMI meters to utilities using 4G/5G Long Term Evolution (LTE) cellular data. The new AMI meters use two-way communication protocol between the utility database and the meter using the same data communications infrastructure used in your cell phones.

In November and December, SECO-contracted technicians will replace old prepaid meters with new Honeywell AMI meters that use Verizon cellular communications technology. Bringing an AMI program into our service area with its mix of rural, suburban and metropolitan areas will be a technical challenge. This pilot project using Honeywell’s meter and Verizon’s latest cellular technology may well prove to be the answer to our members’ needs.

Immediately upon installation at our prepaid account locations, the new Honeywell AMI meters will supply daily usage readings through two-way communication protocol. In the future when the Meter Data Management system is integrated with SECO’s online account platform, Smart Hub, members with the Honeywell meters will be able to see 15-minute interval usage data – to have an even closer look into their energy use habits.

AMI systems save significant labor dollars for many utilities. The new Honeywell meter also offers SECO the ability to detect outages, troubleshoot and reconnect/disconnect service remotely – which means improved efficiency for SECO and faster service for members who need to transfer service in a move, disconnect service or establish brand new service with SECO.

We have high hopes for the success of this pilot project and will review results with SECO’s Board of Trustees. If the system is successful, the Board may decide to move forward with systemwide AMI deployment in the future after evaluating a full business case. This will pave the way for all of our members to benefit from a more advanced look at their energy usage behavior and the ability to embrace energy efficiency measures if they so choose.

AMI FAQ

WHO WILL INSTALL THE AMI METER?

A SECO-contracted meter technician will install the new AMI meter and remove the old one. All SECO contractors carry company ID, and their trucks are clearly marked with a SECO Energy Authorized Contractor decal.

WILL MY SERVICE BE INTERRUPTED WHILE THE METER IS REPLACED?

Yes, but just briefly. You will experience a brief interruption of a few minutes while the meter is exchanged. Technicians will courtesy knock before performing the meter exchange and will leave a door hanger as well. You do not need to be home for the meter exchange.

WILL THE METER’S CELLULAR TRANSMISSION AFFECT OTHER DEVICES IN MY HOME?

No. The cellular data of other devices in your home will not be affected or interrupted.

IS THE HONEYWELL METER SAFE?

Yes. The Honeywell meter uses an industry standard cellular communications system, just like your cell phone. The components of the meter and communication module are UL (Underwriter Laboratories) certified.

WHAT ARE SOME OF THE ENHANCED CAPABILITIES OF AMI METERS?

A fully-developed AMI system allows members to review their energy usage in almost real-time. SECO can transfer, reconnect/disconnect, and troubleshoot the service remotely. When an AMI system is deployed for all members, you can choose your billing date, set usage threshold alerts, have access to money-saving dynamic rates and much more.

I AM A MYWAY PREPAY MEMBER WHO WOULD LIKE TO OPT-OUT OF RECEIVING AN AMI METER. WHAT CAN I DO?

Without an AMI capable meter, the prepaid program cannot function properly. At this time, MyWay PrePay members can choose to unenroll from the prepaid program by requesting to change their account type to a postpaid, traditionally billed account if they would like to opt-out. Members can visit Contact Us, call or email Customer Service to opt out.

NOTE: Postpaid accounts are subject to a security deposit. SECO will complete an Equifax Utility Score Check upon request to change a prepaid account to a postpaid, traditionally billed account.

Toys for Tots

Once again, SECO Energy employees are spreading Christmas cheer by taking part in our annual corporate Marine Corps Reserve Toys for Tots drive. We’ve had friendly competition between employees and departments in years past to collect the most bicycles and other donated toys. SECO Energy’s Pennies from Heaven program has pledged $5,000 this year to complement employees’ Toys for Tots donations.

Retired Marines and other volunteers operate Toys for Tots. Volunteers pick up donations and distribute the toys to children in need. All donated toys stay local and are distributed in the area they were donated. We foresee a great need for children’s toys this year as many local families were affected by the COVID-19 shutdown.

Members can take part, as well. Join SECO in spreading Christmas joy by donating a new unwrapped toy for our annual Toys for Tots drive. Our five Member Service Centers in Eustis, Groveland, Inverness, Ocala or Sumterville serve as public drop-off locations from November 2 to December 7.

SECO Energy’s Pennies from Heaven program rounds up members’ bills to the nearest dollar and uses the extra pennies to help members who need bill payment assistance or donations for local charitable causes such as Toys for Tots. If you would like to join your fellow cooperative members in making a difference in our communities one penny at a time, visit Pennies from Heaven to enroll in the program. Thank you in advance for your generosity.

Members who would like to register to receive toys donated through Toys for Tots can Request a Toy on their website.

EV Charger Winner!

Justin Allender from Clermont is the October 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.

Watch SECO News for next month’s charger winner.

Toys for Tots Word Search

Get into the holiday spirit by completing our Toys for Tots Word Search. Donate a new, unwrapped toy for Toys for Tots at one of our Member Service Centers from November 2 to December 7.

Safety Corner Decorating Safely

Do you live in a neighborhood with area light posts/poles? Please refrain from using these to display your holiday decorations. For safety reasons, SECO does not allow members or homeowners’ associations to use our poles for decorating purposes. Light poles and posts are not made for or rated for the added weight of decorations, signs or banners.

We also prohibit members from adding decorations, signs, advertisements, banners or sports equipment to SECO poles. Nailing, stapling or tacking items to poles degrades their structural integrity. Sharp protrusions can also injure or puncture a SECO employee or contractor or damage their protective equipment such as gloves and sleeves. The pole’s ground wire can also be damaged. More important, we don’t want our members to be injured while hanging lights or decorations from a pole not meant to support the weight of the décor or ladder leaned against it.

Learn more about our Keep It Clear – We Work Here safe clearance requirements around poles, meters, transformers and secondary enclosures.

Advice from The Old Farmer’s Almanac & USDA Weather Stats

SECO Energy’s service territory falls into the Department of Agriculture’s “Zone 9” for plant hardiness. Zones are determined by the average annual extreme temperature over the last 30 years in the area. Zone 9’s extreme minimum temps range from 20-30 degrees Fahrenheit – which is quite warm compared to the rest of the nation. Visit the USDA.gov website to learn more about plant hardiness zones.

Plant bulbs this fall for beautiful blooms in the spring. For a winter flower garden, The Old Farmer’s Almanac recommends planting grape hyacinth or winter aconite. Create spring blooms by planting bluebells, daffodils, fritillary, bearded or Siberian iris, ornamental onion and spring starflowers. These bulb varieties like well-drained soil and full sun – perfect for Florida!

Energy-Efficiency Extra Scheduled an HVAC Tune-Up

Fall is officially here, and cooler temperatures have arrived in Central Florida. Before the winter chill sets in, schedule an HVAC tune-up with a licensed technician. HVAC units that receive regular service function more efficiently and use less energy to heat (or cool) your home.

Preventative maintenance will extend the life of your HVAC unit and help you avoid an unexpected, costly repair bill. Set a calendar reminder to change your unit’s air filter monthly or follow the manufacturer’s suggested filter change schedule.

For more energy-efficiency tools, visit our Energy Efficiency page. Our Home Energy Assessment is an online energy audit that provides energy-efficiency advice tailored to your home’s features and lifestyle. The Energy Estimator calculates the amount of energy used and associated costs for the electronics, appliances and just about anything that uses electricity in your home. Submit with an email address to receive low-cost energy-efficiency tips specific to your home.

Read the full November 2020 SECO News online.

SECO News, October 2020

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 offer world-class customer service.

This month I have good news to share – SECO is once again lowering the cost of electric service. Beginning October 1, we are applying a higher member-favorable Power Cost Adjustment (PCA) credit to your bill. The PCA appears as a line item on your monthly bill titled “Hot Bucks.”

Since January 1, 2020, our rate for the first 1,000 kilowatt-hours (kWh) consumed has been $116.90. The reduction on October 1 will lower the amount by $4.50 per 1,000 kWh to $112.40 or approximately 4 percent.

The monthly bill’s PCA factor fluctuates based on the amount SECO pays for power purchased from our wholesale provider Seminole Electric Cooperative, Inc. We work closely with Seminole to ensure the lowest rates possible for members. When the wholesale cost of purchased power decreases, we pass the savings along to you.

Providing affordable electric service is a high priority for a not-for-profit electric cooperative like SECO. Going back to January 2014, the rate for 1,000 kWh was $127.75. We applied several member-favorable PCA adjustments since early 2014 to correspond with fuel cost decreases. There were times when fuel costs rose and we had to adjust the PCA to reflect the increase but for the most part, the PCA changes have consistently lowered members’ bills.

Between January 1, 2014, and October 1, 2020, the price for 1,000 kWh of electricity has decreased by $15.35 or over 12 percent.

SECO also wants to help you use our product efficiently and reduce your monthly energy consumption. Visit our Energy Efficiency page to complete the Home Energy Assessment for an online energy audit. Try the Energy Estimator to calculate the energy use and costs for your electronics, lighting, appliances and more.

The relationship between members and their electric cooperative is unique. It’s rare that a company wants you to use less of its product at a lower cost. That’s the cooperative difference. It is our privilege to serve as your electric provider.

Sincerely,

Jim Duncan

Chief Executive Officer

Phantom Load – It’s a Real Scare

Many everyday electronics consume electricity when plugged into an outlet even when turned “off.” TVs, DVD players, computer equipment, game or audio systems, cable boxes and phone or device chargers are the common culprits. This small amount of energy consumption called phantom load adds up to a real energy consumption trick.

Past studies estimate that phantom load is responsible for 10 to 20% of residential electricity consumption in the United States alone. Homes may have 20 to 40 sources of phantom load. The Department of Energy’s (DOE) website at energy.gov references a Lawrence Berkeley National Laboratory study that promotes electric power strips. Instead of unplugging multiple devices, a flip of the power strip switch turns off all devices plugged into the strip. Smart plugs are also available for devices such as cell phones that stop using electricity when the battery is charged.

What are some opportunities to scare away phantom load in your home? An old electric clock or TV in a spare bedroom? A battery charger for a forgotten tool? How about a computer and printer that is in use only once a week?

Ready to battle phantom load? Unplugging appliances and resetting clocks can be a chore. Our online Energy Estimator calculates the energy used and costs for common electronics and appliances in your home.

Don’t be scared – SECO’s Energy Estimator tool is available at no cost to you along with the Home Energy Assessment. Submit your Estimator with your email address and we’ll send you additional energy-efficiency treats – no tricks here. Both tools provide energy-efficiency advice tailored to the Energy home.

Advice from The Old Farmer’s Almanac

Autumn/winter skies offer planetary treat. The Old Farmer’s Almanac recommends looking for Mercury, Venus, Mars, Jupiter and Saturn in the autumn and winter skies. Mercury’s position closest to the sun makes it visible during twilight hours in November and December, and Venus is visible as a morning star. Mars is visible all night on October 13 and will continue to be brightly visible through 2020. Jupiter will be visible during the first half of the night in autumn but will pass near Saturn in winter. Look for Jupiter and Saturn to pass closely during the solstice on December 21. Saturn is visible before midnight through autumn. Remember, Jupiter is much brighter than Saturn.

StormCenter

Visit StormCenter to view our interactive outage map, subscribe to email, text and voice notifications for outages, check the status of an existing outage and more. You’ll find storm preparation tips and guidance in our Hurricane Handbook online.

Keep It Clear – We Work Here

Safety is our top core value at SECO Energy. Our Keep It Clear – We Work Here campaign promotes and ensures a safe working environment for our employees and contractors.

Members sometimes place obstructions such as plants, fences, shrubbery and other lawn items that block personnel’s safe access to SECO equipment. Members are responsible for keeping SECO-owned equipment and the area surrounding equipment clear. Obstructions are a safety hazard to employees and contractors and create longer restoration times.

The whyfors of the need for clearance on all sides are safety driven. Multiple employees work on this type of equipment while it’s energized – often in the dark and in adverse weather conditions. Our focus is on the safety of our field employees and contractors who maneuver around equipment with eight-foot hot sticks and bulky testing equipment. Battling shrubs, potted plants, fencing, bird baths, sharp objects and other obstructions can delay restoring power and prevent us from doing so safely. One slip or a difference of a sliver of an inch could result in an employee or contractor getting seriously injured or killed.

We are conducting equipment inspections across the service area. View the diagrams and photos on the opposite page as a clearance guide for transformers, secondary enclosures and meters. In addition to this SECO News article, you will be receiving email, text or voice notifications warning to clear obstructions around electric equipment. If you have an obstruction and an Energy Services Specialist must visit the property after multiple attempts to garner cooperation, disconnection of service may occur. This step is a last resort but one that is supported by our Terms & Conditions of Service.

Visit our Keep It Clear – We Work Here page if you have questions.

EV Charger Winners

We have two EV Level Two charger winners to announce this month. Frank Maglio from The Villages is the August winner. We dropped by Mr. and Mrs. Maglio’s home to deliver the EV charger. The couple already has an electric hybrid Ford Fusion and was so excited to be a winner! Simon Johnson from Clermont is the September 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.

Watch SECO News for next month’s charger winner.

Winner’s Circle

Congratulations to Jerome Szelak of Leesburg, who is the winner of a Nest Learning Thermostat. In a July SECO News promotion, we entered all members enrolled in surge protection by August 15 in this prize drawing. Mr. Szelak’s name was drawn at random from thousands of Surge MitiGator enrollees.

Scam Alert – Solar Scams

Scam artists have new tricks up their sleeves. We hear more and more from members who are concerned about solar scams. Remember these wise words: If it sounds too good to be true, it’s most likely a trick.

The latest solar scams are installers posing as SECO Energy contractors. Members report seeing groups of people walk up and down the streets in neighborhoods insisting that all residents must be on a “solar plan” or SECO will receive a fine. They threaten that SECO will raise rates astronomically and attempt to harass or intimidate you into investing in a solar array that may cost you big bucks.

Slam the door on these scammers! They are not authorized SECO Energy contractors. We do not force members to enroll in “solar plans” or buy expensive equipment.

You may have seen posts on social media or yard signs advertising “free solar” or “no electric bill solar.” These claims are also too good to be true. Solar panels and their installation are expensive and never “free.” This claim often relates to leasing solar panels. Here’s how it typically works: The homeowner enters into a lease agreement or a power purchase agreement (PPA) with a solar installer. The system belongs to the solar company, not the homeowner. The company then sells the energy produced back to you at a fixed price per kilowatt hour (kWh). If kWh rates go down at your local utility, you are stuck paying the solar company the fixed rate. The homeowner is still connected to the utility grid and now pays a bill to the solar contractor and their local utility. You’ll also likely end up with a lien on your home until the system is paid off – whether you lease or finance the system.

A competent, reputable solar installer will meet with you to determine your goals when installing a solar system on your home. They will review your recent consumption history to help you choose the system size that meets your needs. They will not make promises that are too good to be true. Homeowners with solar panel systems interconnected to SECO’s electric system still receive a monthly bill. Members who have solar systems without battery or generator backup will continue to use utility-supplied power at night or when the sun isn’t shining and are billed a monthly customer charge. Homeowners will not have power during a utility outage unless they invest in a robust battery or generator backup system.

SECO Energy is a partner for members who choose to reduce their utility-supplied power by installing a solar system. We will not try and dissuade you from choosing to reduce your utility-supplied power by investing in solar. Our Energy Services team specializes in solar system knowledge and will be happy to help you navigate the false advertising and claims made by less-than-reputable solar contractors and installers.

We have a host of resources online, visit the Is Solar Right for You? page. You’ll find an FAQ section, view a sample solar bill, a net metering explanation and independent resources to research the facts and dispel solar myths and false claims. If you decide solar is right for you, SECO provides an easy to navigate online Interconnection Platform where you and your contractor will collaboratively plan your system installation.

Read the full October 2020 SECO News online.

Energy Insider – 2nd Quarter 2020

From electric draglines to electric cars, beneficial electrification provides the opportunity to achieve economic and environmental benefits.

SECO Insider: SECO Energy Insider 2nd Quarter 2020 - Beneficial Electrification

Mining is a big industry in Florida and the need to extract product in the most cost effective manner is essential to remain competitive. With the advent of electricity, mines moved away from human, animal and steam power to fossil fuels and electricity. Every step away from old processes increased production. There is a long history of efficiency and innovation especially in recent years with increased interest in electrification of fossil-fueled processes. This transition away from fossil fuels is referred to as beneficial electrification. In a mining environment, this is applicable to crushing, moving and processing of the mined product.

When it comes to beneficial electrification, SECO-served Bedrock Resources of Ocala, Florida, is a great example. Bedrock Resources has converted its rock crushers that process mined material for use in road construction, from gas to electric. They have replaced smaller, fossil-fueled, inefficient draglines used to excavate rock with larger electric ones. Recently, they purchased loaders propelled by electric motors powered by diesel generators on the equipment. The fuel usage has been cut in half and the savings are impressive. Beneficial electrification creates new and exciting opportunities to achieve economic and environmental goals, but it is not limited to just mining. Today, more than ever before, there is increasing interest in many other areas.

A recent survey of 1,200 Americans by the Smart Energy Consumer Collaborative indicated that 68% of respondents are willing to transition from fossil fuels to electricity for transportation, cooking, heating and water heating. The study also indicated that respondents believe it is important for their electric utility to invest in electric vehicle (EV) charging stations. Additionally, 31% of respondents have an interest in purchasing an electric vehicle.

A recent SECO Energy survey of 90,000 members also indicated the same. The survey was a preliminary first step in SECO Energy’s planning for maximizing the benefit of electric vehicles in our service territory. SECO received nearly 7,000 responses with interesting results:

• 5% of members already own an EV.
• 34% indicate interest in purchasing an EV in the future.
• 42% think SECO should promote and support the use of EVs in our service area.

Based upon both surveys, residential consumers are looking ahead and planning purchases of electric vehicles rather than continuing to rely solely on fossil fuels. In addition, we are seeing an increased interest in using electrified semi-trucks in the future. Distribution warehouses are already making use of electricity for battery-powered forklifts and electricity for idling processes such as refrigerated trailers that are parked for the evening. School systems are investing in electric/battery-powered buses that offset the need for additional generation during summer peak loads.

Beneficial electrification saves consumers money over time, helps the environment, reduces carbon emissions, improves quality of life and enhances a stronger electrical grid. There are many opportunities for residential, commercial and industrial sectors to take advantage of beneficial electrification. Electrifying equipment at the right place and the right time can deliver a savings for all involved. Beneficial electrification also enables better grid management, creates jobs and provides solutions to meet environmental goals. While the greatest opportunity for beneficial electrification is with transportation, heating and water heating; many end uses have potential.

As your electric provider, SECO Energy is ready to engage with you if you have an interest in shifting away from fossil fuels to a cleaner source of energy. A good place to start may be with your fleet vehicles. If you haven’t already, learn more about electric vehicles by visiting our website https://secoenergy.com/electric-vehicles/. You will find a wealth of information including a savings calculator and a CO2 emissions comparison of gas versus electric. To promote the use of EVs in our service area, we are giving away a SECO branded 50-amp JuiceBox Pro Level 2 EV fast charger for residential use. We will choose one random winner on the 15th of each month until the promotion ends. Register for a chance to win: https://secoenergy.com/electric-vehicle-charger-giveaway/.

BARBIE SHAW

Manager of Key Accounts & Energy Services
OFFICE: (352) 569-9787
CELL: (352) 303-3567
barbie.shaw@secoenergy.com

Hank Bolduc, SECO Energy Key Accounts Consultant

HANK BOLDUC

Key Accounts Consultant
OFFICE: (352) 569-9789
CELL: (352) 303-3546
hank.bolduc@secoenergy.com

Ryon Meyers, SECO Energy Key Accounts Consultant

RYON MEYERS

Key Accounts Consultant
OFFICE: (352) 569-9781
CELL: (352) 636-9593
ryon.meyers@secoenergy.com

Jeff Light, SECO Energy Key Accounts Consultant

JEFF LIGHT

Key Accounts Consultant
OFFICE: (352) 569-9790
CELL: (352) 303-3183
jeff.light@secoenergy.com

Win an EV JuiceBox Level 2 Fast Charger from SECO Energy

Across the country, Florida is emerging as a leader in electric vehicle (EV) sales. To promote the use of EVs in its service area, SECO is giving away a SECO Energy branded 50-amp JuiceBox Pro EV charger. The cooperative will choose one random winner each month while supplies last. Members still have time to enter the drawing for the June 15 winner.

As a not-for-profit electric provider in Central Florida, SECO Energy is excited at the prospects of expanded EV infrastructure for the communities it serves. Earlier this year, SECO surveyed almost 100,000 members to gauge their interest in EVs. This was a preliminary first step in SECO’s planning to maximize the benefit of EVs in its service area.

Almost 7,000 members responded to the survey with interesting results. Of the respondents, five percent currently own an EV, while thirty-four percent indicate an interest in purchasing an EV in the future. Forty-two percent of members responded that they have no interest in owning an EV but believe SECO should promote and support the use of EVs in the communities it serves.

SECO Energy is developing a plan for the future that includes increased EV usage in the counties it serves. With the interest in EVs increasing, the cooperative plans to partner with builders and developers in new residential communities in Lake, Marion and Sumter Counties to pre-wire homes with Level 2 charging capabilities during the construction phase as this is more cost-effective for the homebuyer and beneficial to SECO to encourage EV use.

Another EV-centric SECO project in the works is a Level 2 fast charger residential lease program. Members will have the opportunity to lease a Level 2 fast charger from SECO for a small monthly fee instead of purchasing the charger outright. Watch for more details about the Level 2 fast charger lease program in an upcoming SECO News.

In addition to the entry form for the JuiceBox Charger giveaway, members with an interest in an EV will find a new section dedicated to electric vehicles on the cooperative’s website.

The new EV section of SECO Energy’s website includes an overview of EV and PHEV models, ownership savings benefits, EV facts and information on how EVs reduce an individual’s carbon footprint. There is a savings calculator to compute the amount of money saved on gasoline by purchasing an EV. Members can input the number of miles they drive in a year and the savings calculator will compute the amount saved by charging an EV versus filling up with gas.

The website also provides information about residential EV charging. For efficiency and quick charging, installing a Level 2 fast charger is the way to go. Installing a Level 2 will charge an EV four to six times faster than a Level 1 charger. Also included on the website is an interactive EV charger-finder map to locate chargers anywhere in the country.

CEO Jim Duncan stated, “In early March, the Florida House passed Senate Bill 7018 that paves the way for the Florida Department of Transportation to work with the Florida Public Service Commission, the Office of Energy and others to develop plans to expand Florida’s EV infrastructure. As a state in the top-three in EV sales, Florida is poised to be an example of how electric vehicles can be a fit for our lifestyles. We are excited about the possibilities and the opportunities that new EV infrastructure will bring to Central Florida.”

Members who are interested in an EV and Level 2 charging should register to win a SECO Energy branded 50-amp JuiceBox Pro EV Charger. This 9.6 kW charger is UL listed with a 24-foot cable, a 5-year manufacturer warranty, built-in Wi-Fi and is 110-240VAC. One random winner will be drawn each month on the 15^th.

To enter to win, text “EV” to (352) 320-4500 to receive a direct link to enter. Or visit the EV page on our website or click on the homepage banner. Installation is not included and winner must agree to terms and conditions.

“Like” SECO on Facebook and “follow” @SECOenergy on Twitter for news releases and cooperative updates.

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Archive

Duncan’s Digest – Inverness Substation Upgrade

Advice from The Old Farmer’s Almanac

Call 811 Before You Dig

EV Charger Winner

Spring for Energy Savings

Energy Savings Word Search

2021 Atlantic Hurricane Season Early Warning

Winners’ Circle

Thank a Lineman License Plate

Duncan’s Digest – Capital Credits – Co-op Membership Pays $6.1 Million

Duncan’s Digest Extra – Prepaid Meter Upgrade Serves as AMI Pilot Project

AMI FAQ

Toys for Tots

EV Charger Winner!

Toys for Tots Word Search

Safety Corner Decorating Safely

Advice from The Old Farmer’s Almanac & USDA Weather Stats

Energy-Efficiency Extra Scheduled an HVAC Tune-Up

Duncan’s Digest – Power Cost Adjustment Lowers Bills

Phantom Load – It’s a Real Scare

Advice from The Old Farmer’s Almanac

StormCenter

Keep It Clear – We Work Here

EV Charger Winners

Winner’s Circle

Scam Alert – Solar Scams

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