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SECO News, November 2019

Money doesn’t grow on trees and pigs don’t fly, but you can take your Capital Credits return to the bank. This month, SECO Energy is making you and your wallet a little happier. During its October meeting, SECO’s Board of Trustees approved a Capital Credits return (retirement) of $3.5 million to current and former members. Look for your 2019 Capital Credits retirement on your November bill just in time for the holiday season.

 

May 2018 SECO News Duncan's Digest

 

As a member of a not-for-profit electric utility, you along with your fellow 200,000+ SECO members own a portion of the cooperative’s equity. Your membership brings home the bacon through energy purchases that 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. The annual amounts for each member who purchases electric service during the year are referred to as Capital Credit allocations.

 

Capital Credits are the accumulation of all prior year’s revenue after the co-op’s operating costs and expenses are paid. These credits are allocated on a pro-rata basis to each SECO Energy member’s account as Capital Credits. Annually, SECO examines the financial position of the cooperative and makes a recommendation to the Board of Trustees on the “retirement” of Capital Credits. This year’s $3.5 million retirement means that a portion of the cooperative’s equity is being returned to current and former members. That number is a lower retirement than in years past, as the cost of delivering power to new members and maintaining our existing infrastructure is rising faster than our revenue.

 

Each current member who receives a 2019 Capital Credits retirement will see the retirement amount on the November billing statement listed as a line item labeled “Capital Credits Ret.” Commercial members with retirements over $1,000 will receive a check. If you move out of SECO’s service area, keep your mailing address updated so we can send future Capital Credit retirements your way.

 

SECO Energy was founded as Sumter Electric Cooperative, Inc. in 1938 and has retired more than $66.8 million to current and former members as a tangible benefit of the cooperative business model.

 

Sincerely,

 

Jim Duncan

Chief Executive Officer

 


 

Making a Difference at Christmas with Toys for Tots

 

SECO Energy and its ever-generous employees support the Marine Toys for Tots drives in the communities we serve. SECO’s five Member Service Centers in Eustis, Groveland, Inverness, Ocala and Sumterville are available as public drop-off locations for Toys for Tots.

 

This year, members can partner with SECO Energy to bring a smile to a child on Christmas day. Visit a Member Service Center to drop off new, unwrapped toys for the Toys for Tots donation box. Toys are collected by local Toys for Tots volunteers in each county and donated locally.

 

Toys for Tots is a top-rated charity. Since 1947, its mission is to deliver toys, books and other gifts to less fortunate children. Over 97% of cash donations directly support that mission. The remaining 3% is spent on fundraising expenses. No donation dollars are spent on salaries or other manpower. Toys for Tots volunteers collect and deliver the donations received. You can donate to Toys for Tots with confidence that your donation will go straight into the hands of a local child.

 

In 2018, SECO employees donated more than a hundred bicycles and tricycles, as well as hundreds of toys to make a difference in the lives of local children who live in the communities we serve.

 

Learn more about the Marine Toys for Tots Program online. Find a SECO Energy Member Service Center.

 


Surge MitiGator November 2019

Protect your home from power surges by investing in SECO Energy’s Surge MitiGator™. Power surges are sudden, powerful increases in voltage that can damage or destroy your household appliances and electronics. Surges are caused by lightning, trees, small animals, birds and vehicle accidents involving energized facilities.

 

SECO’s Surge MitiGator™ is “Made in the USA” and is built to chomp down on surges and spikes. The MitiGator™ is available for just a few cents per day at a lease rate of $5.95 per month, plus tax, conveniently added to your monthly bill. Installation for standard residential 200-amp service is $25. For residential services greater than 200-amps installation is $100.

 

You can opt to purchase the product for $349 to $399 plus tax. The installation fee is waived when purchasing the MitiGator™.

 

The Surge MitiGator™ is an arrestor that is installed behind the meter. Your protection against surges and spikes begins at the meter but SECO encourages members to plug all sensitive electronics into point-of-use surge protection devices. Point-of-use devices can be purchased at your local hardware or big-box store.

 

Visit our Surge MitiGator™ page today to enroll and to learn more about how you can protect your home’s appliances from surges.

 


Fall for Energy Efficiency November 2019 SECO News

According to the Old Farmer’s Almanac, November and December temperatures will average in the mid-60s. Winter is forecast to be mild with the coldest temperatures arriving in February. A well-functioning HVAC runs more efficiently and helps you lower your energy use when cooling or heating your home.

 

Inspecting your HVAC system is not a do-it-yourself job. Hire an experienced, licensed HVAC technician to test the unit’s voltage and electrical components. The tech should also lubricate moving parts, check the filter, measure refrigerant pressure, check electrical connections and test the safety controls. Ensure the tech inspects the drain system, tests the thermostat settings, airflow and more if your unit is problematic. Buyer beware – do your homework, obtain three quotes for the inspection service, read Google reviews and Better Business Bureau reviews. Most important if the price sounds too good to be true it probably is.

 

Change your air filter according to the HVAC manufacturer’s schedule or once a month. A clean air filter is the first step in helping your HVAC run efficiently.

 

Don’t leave energy efficiency out in the cold. Schedule an HVAC inspection with a qualified technician before the temperature drops. Preventative maintenance on your system will allow you to enjoy the winter weather from the comfort of your home and save you from the shock of a high repair bill.

 

Read the full November 2019 SECO News online.

Energy Insider – 4th Quarter

SECO Energy 4th Quarter 2018 Insider Small Steps with Big Impact

 

Small Steps With Big Impact

 

Business challenges at your workplace include work-related injuries, chronic disease, absenteeism and sick employees who return to work before getting well. According to the Centers for Disease Control, an aging workforce also presents unique challenges such as stress, fatigue, depression – all which all contribute to declining productivity. The fact is that small changes at work can add up to big changes in productivity and for employees personally.

 

A healthy workplace starts with leadership taking the time to remind employees to take care of themselves. Starting small by implementing weekly or even daily safety huddles in a break room or on the tailgate can reap big rewards. Just 5 – 10 minutes spent talking about workplace healthy lifestyles can change attitudes. An example might be to encourage adding a few more steps during the day like walking during breaks or lunch and even taking the stairs instead of the elevator. If space permits, a designated walking path at your location could be a source of encouragement.

 

Besides coffee and conversation, give thought to implementing a morning stretch routine. Allow employees the time to perform a few basic exercises to limber up prior to beginning their work shift. Just a few minutes of stretching improves performance of physical activities and reduces the risk of injuries. Add a little music which has been shown to reduce stress and promote overall better health.

 

If your budget allows, consider hosting “Lunch and Learns” at your location by inviting area experts to share with your employees on health-related topics of interest. Your program plan could be as simple as having someone from a local health facility share tips on how to stay well during cold and flu season. Just a reminder to disinfect your phone, wash your hands often or use hand sanitizer and practice good hygiene habits can go a long way.

 

Something else you can do for your employees is to promote good food choices by providing healthy snacks such as fruit, nuts and vegetables in break room vending machines or through the addition of a micro-market.

 

For more information to help you get started visit the CDC’s Healthy Workforce Infographic.

 

 

SECO Energy Insider 4th Quarter 2018 Member Spotlight Camp Boggy Creek

 

Camp Boggy Creek

 

In the heart of SECO Energy’s service area is a unique one-of-a-kind camp beautifully spread across 232 acres east of Eustis. Camp Boggy Creek serves children ages 7-16 who have been diagnosed with chronic or life threatening illnesses. The camp provides a full-time doctor and nurse to help children and parents keep up with the medical needs of each individual camper or family.

 

Family retreat weekends for spring and winter and summer camp schedules are posted on the website and applications are now available. If you know someone who can benefit, make them aware. Camp Boggy Creek never charges the campers to attend and does not ask for them to contribute anything other than a positive attitude. Aside from all of the different fun activities that the camp provides (including horseback riding, fishing, rope climbs and drama), Camp Boggy Creek gives the opportunity for children and parents for fellowship with others whose circumstances are similar to their own. This serves as a reminder that they are not alone. They are able to form a support network with people who truly do understand their needs.

 

Founded in 1996 by Paul Newman and General H. Norman Schwarzkopf, Camp Boggy Creek began with the premise that every child, no matter their illness, could experience the transforming spirit and friendships that go hand in hand with a great camp experience.

 

To learn more about this amazing camp, visit Camp Boggy Creek online. Download applications, gain information about the camp, learn about the medical group, volunteer and donate to the programs.

 

 

4th Quarter SECO Insider Your 2019 Expansion Plan

 

Your 2019 Expansion Plan

 

Whether you’re applying for a new electrical service, service modification, upgrade or have plans for a new subdivision, contact your SECO Energy account representative as soon as possible. With Central Florida growing by leaps and bounds, this is necessary to ensure all the right people are involved in your project early on and you receive a timely response to meet your expectations for service.

 

If you’re planning to add a meter, an application for service is required and should be made well in advance of the date the service is needed. Depending on the type of service requested, any or all of the following information may be necessary:

 

  • Exact location of the property where service is needed (site plan, recorded plat, street address, lot, block number and legal description)
  • Service size (main) and voltage
  • Size of air conditioning, heating, water heating, refrigeration, and cooking when applicable
  • Type and voltage of motor loads, number of phases, horsepower
  • Street/area lighting – type and size (if lighting is to be installed behind the meter)
  • Mechanical and electrical plans (in the case of service upgrades, these must include existing and new load along with a riser diagram)
  • Utility (water, sewer, gas) plans including elevations
  • Plans for paving and drainage

 

In addition to the above, there may be other considerations such as easements and permits. A new meter set will also require a deposit equal to two times the projected average bill. Deposits are accepted in the form of cash, surety bond or irrevocable letter of credit. Depending on the size load you’re adding, a written power purchase agreement may also be necessary.

 

Contact your account representative early in the design stage so that engineering, material procurement and construction can be scheduled to meet your timeline.

 

 

 

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

 

 

SECO Energy Employees Gather Donations for Toys for Tots

SECO Energy employees helped to fill Santa’s sleigh with toys collected for the Marine Corps Toys for Tots program. SECO’s five Member Service Center locations are available as public drop off locations.

 

Toys for Tots plays Santa for thousands of less-fortunate children. Toys for Tots is a world-wide organization, but the toys collected locally are distributed to children within the area. Hundreds of local children will benefit from the generosity of SECO employees and members alike when they wake up to toys under the Christmas tree donated through Toys for Tots.

 

This year, SECO employees donated an unprecedented number of new bikes for local children. SECO members have also added to the donations by dropping off toys at their local SECO Member Service Center. SECO has Toys for Tots donation boxes available in its Eustis, Groveland, Inverness, Ocala and Sumterville locations.

 

CEO Jim Duncan stated, “The Marine Corps Toys for Tots program is a worthwhile organization in our community. As a Marine myself, Toys for Tots is particularly special to me. SECO employees have also embraced Toys for Tots because they know the organization is delivering Christmas morning happiness to children in our local communities.”

 

Duncan added, “Stop by a local SECO office and donate a new, unwrapped toy or two to Toys for Tots. The donated toys remain local. This Christmas season, join the SECO family in supporting Toys for Tots.”

 

Toys for Tots donation boxes are available at SECO Member Service Centers through early December. Find a SECO location in Eustis, Groveland, Inverness, Ocala or Sumterville online.

 

 

“Like” SECO’s Facebook page and “follow” @SECOEnergy on Twitter for news releases and cooperative updates. Visit our Community page online to learn more about SECO’s corporate citizenship and other community outreach initiatives.