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SECO News November 2021

SECO Energy CEO, Jim DuncanJust in time for the Christmas season, SECO Energy members are cashing in on Capital Credits. At the September Trustees’ Meeting, your Board approved another record-high Capital Credit retirement of $6.46 million to current and former members. Your Capital Credit retirement amount appears on your November billing statement.

 

SECO Energy was founded as Sumter Electric Cooperative, Inc. in 1938. Since then, the cooperative has regularly retired/returned a portion of the cooperative’s equity to current and former members. In our 83 years in business, we have retired almost $80 million to current and former members.

 

Capital Credits is a concept that is unique to not-for-profit, cooperatively structured businesses. I have often talked about the differences between being a customer of an investor-owned or a municipal utility versus a cooperative member. Capital Credits is one of those differences.

 

Your monthly energy purchases build patronage capital. You and your fellow 220,000+ cooperative members 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 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 $6.46 million retirement means SECO is returning a portion of the cooperative’s equity to current and former members.

 

Look for a line item labeled “Capital Credit Ret” on your November billing statement. 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 Capital Credit retirements to your new address.

 

In the latest figures from the National Rural Electric Cooperative Association (NRECA), cooperatives power 56% of the nation’s landmass, including 2.7 million miles of electric distribution lines in 48 states. We are among over 900 electric distribution and generation and transmission cooperatives working together to maintain reliable, safe, affordable power to our local communities. That’s the cooperative difference.

 

SECO Energy members are more than just customers – they are owners as well. Thank you for your SECO Energy membership.

 

Sincerely,

 

Jim Duncan

Chief Executive Officer

 


SECO News November 2021 Advice From The Old Farmer's Almanac

ADVICE FROM THE OLD FARMER’S ALMANAC

Watch the 2021 – 2022 winter skies for amazing views of faraway planets. The Old Farmer’s Almanac recommends watching for Venus at its most brilliant in the early evening hours during December. Look for Venus, the Moon, Saturn and Jupiter coming together as a group during the month. Mercury will make its brightest appearance during the holidays. Catch glimpses of Mars in early January next to the crescent moon in the early morning hours. In February, Mars will be a dim orange below a twinkling Venus in the predawn hours. 2022 promises a year filled with eclipses bringing excitement to the morning and nighttime skies!

 

While you’re out stargazing in the evenings, be on the lookout for nocturnal animals. Read more about red foxes that are active, nocturnal animals on page 4.


 

 

SECO News November 2021 Toys For Tots

TOYS FOR TOTS

SECO Energy employees are playing Santa Claus again this year with our annual corporate Marine Corps Reserve Toys for Tots drive. Members are invited to join us in spreading Christmas cheer by donating a new, unwrapped toy for Toys for Tots. During November, our five Member Service Centers in Eustis, Groveland, Inverness, Ocala or Sumterville serve as public drop-off locations.

 

For many years, SECO employees have been incredibly generous in supporting Toys for Tots. Friendly competition has sprung up between offices and departments to collect the most bikes, trikes and toys. To bolster our corporate giving, SECO’s Pennies from Heaven program has pledged a $5,000 donation this year to complement our employees’ Toys for Tots donations.

 

SECO Energy’s Pennies from Heaven program rounds up members’ bills to the nearest dollar. The donated pennies 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 SECOEnergy.com > Your Co-op > Pennies from Heaven to enroll in the program. Thank you in advance for your generosity.

 

Since 1947, Toys for Toys has been making a difference in the lives of families. 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.

 

Members who would like to register to receive toys donated through Toys for Tots can visit www.ToysforTots.org. Application dates vary by location.

 

 


 

 

SECO News February 2021 Winners' Circle

WINNERS CIRCLE

Engage with our virtual assistant Electra on the phone for a chance to win a $25 gift card. Winners who self-served using Electra are:

 

Leanna Hersey from Floral City

 

Linda Hodgson from Leesburg

 

Cherilyn Glass from Lady Lake

 

Conrad Penchion from Ocala

 

Phyllis Jones from Tavares

 

The latest winner of a SECO Energy Level 2 EV Charger is Ann White from Inverness. To enter, text “EV” to (352) 320-4500 for a link to enter. Or click on the EV Charger Giveaway homepage banner. Visit our Electric Vehicles website section to learn more about the benefits of owning an EV.

 

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

 

Jer-Shang Lin from Clermont is the winner of a $200 SECO Energy bill credit.

 

Alexandra Betancourt from Mascotte is the winner of a NEST thermostat.

 

Rebecca McCorkle from Bushnell is the winner of an Amazon Echo Dot with Alexa.

 

Congratulations to William Heinmiller from Clermont and Mauricio Trinidad from The Villages are the two winners of our EV Virtual Video Showcase drawing! To view the video, visit SECOEnergy.com > Energy Solutions > EV Virtual Showcase. The winners’ names were drawn from the list of all members who entered.

 

Congratulations to our recent winners!

 

Our winner of the generator whose name was draw in September is Rosendo Orozco from Summerfield – drawn from the list of all members enrolled in SECO Energy’s Surge MitiGator surge protection program.

 

Read the full November 2021 SECO News online.

SECO News, August 2021

 

Duncan’s Digest – Enroll in Surge Protection – Win a Generator

 

Dear Members,

 

The 2021 Atlantic hurricane season runs from June 1 to November 30. The Colorado State University (CSU) Tropical Meteorology Project team released an updated forecast for this year’s hurricane season. This team of experts has maintained its prediction that the Atlantic basin will have above-average storm activity this year, and has increased its forecast of the number of named storms anticipated this season.

 

May 2018 SECO News Duncan's Digest

 

Tropical Storm Elsa affected our service area on Tuesday, July 6, and Wednesday, July 7. Elsa became the first named hurricane of the 2021 Atlantic hurricane season on July 2 when it reached Category 1 strength. Elsa was downgraded to a tropical storm as it passed over Cuba and the Florida Straits. For a short while, the storm lingered west of Tampa Bay and strengthened into a hurricane once again. Ultimately Elsa lost intensity and made landfall in Taylor County as a tropical storm on July 7.

 

SECO prepared for the worst. We brought in over 100 contract line and vegetation crews to assist in restoration from Tropical Storm Elsa. Overnight on the 6th and 7th, our system fared exceptionally well as Elsa’s rain bands soaked our service area and brought tornado watches, warnings and wind. During this time, we experienced no large substation or feeder outages. I commend our employees and contractors who rallied to assist in the effort by restoring outages quickly while working safely.

 

Tropical Storm Elsa was the first test of this year’s hurricane season, and we passed with flying colors. But it may be the first of many. That’s why it’s best to be prepared. Not only do we have hurricane season to contend with, but Florida has afternoon summer thunderstorms as well. These storms occur almost daily and bring heavy rain and lightning that can lead to power surges entering your home from the electric line and through the meter.

 

Surges are powerful increases in voltage that can destroy your home’s appliances and electronics. The Surge MitiGator is SECO’s meter-based surge arrester. It is designed to take the bite out of a surge. The MitiGator helps prevent high voltage spikes and surges before they damage appliances and cause financial loss. SECO installs the Surge MitiGator at the meter and the product carries a 15-year warranty. The arrester at the meter is the first step in protection. Point-of-use surge devices should be installed for a home’s electronics and other appliances that run on electric service. Purchase these at your local big box or hardware store. Install as directed.

 

The Surge MitiGator is available for lease for only $5.95 plus tax per month with a $25 installation fee. If you choose to purchase the product, the price ranges from $349 to $399, and installation is always free.

 

Enroll in the Surge MitiGator program (lease or purchase) for a chance to win a portable generator. We’ll pick a winner in both August and September. Read Winners’ Circle on page 4 for the July winner. Members in a current lease or prior purchase are already eligible to win. To enroll in the Surge MitiGator program, visit the Surge MitiGator page and fill out the web form. You can also call us at (352) 793-3801 or email Customer Service.

 

Living in Florida, the potential for tropical storms and hurricanes is a fact of life. I urge you to prepare in advance for the possibility of widespread power outages if a major storm affects our service area. Prepare your emergency supplies before forecasters put Central Florida in the cone of probability. Have a backup source of power if you require electricity for life-sustaining medical equipment. SECO is StormReady – you should be too.

 

Sincerely,

 

Jim Duncan

Chief Executive Officer

 


 

SECO News August 2021 Advice From The Old Farmer's Almanac

Advice from The Old Farmer’s Almanac

 

Florida, with its copious sunshine and sub-tropical climate, provides the perfect environment for a backyard garden. The Old Farmer’s Almanac has advice for gardeners who love the hobby but have space, sun or other limitations. For small areas, use raised beds, vertical spaces or containers. A raised-bed garden can yield 10 times the amount as a same size in-ground garden. Another idea for small spaces is to use a trellis, cage or attach pots to fences. Short on sun? Most vegetables require 8 hours of sunlight to grow, but leafy greens grow well in partial shade. Garlic, peas, beets and radishes can grow in as little as 4 hours a day. If all else fails, use containers to grow your garden. Anything that will hold soil and has water drainage holes will work.

 

Turn to page 4 to read this month’s Florida Fauna & Flora to learn more about the resurrection fern.

 


 

SECO News August 2021 Energy Saving on a Budget

Energy Saving on a Budget

 

Improving your home’s energy efficiency doesn’t have to be expensive. While buying new ENERGY STAR appliances or upgrading your home’s HVAC will reduce your home’s energy consumption, these items carry a hefty price tag. The no-cost and low-cost energy-saving ideas listed below will help reduce your energy usage without breaking the bank.

 

No-cost Energy-Efficiency Ideas:

 

• Wash clothes in cold water.

 

• Use the air-dry cycle on your dishwasher.

 

• Hang laundry outside to dry.

 

• Use natural light during the day.

 

• Turn off lights when leaving a room.

 

• Ceiling fans cool people, not rooms. Turn off when the room is vacant.

 

• Turn off bathroom and kitchen ventilation fans. These bring warm outside air inside.

 

• Turn off electronics like computers, printers and monitors when not in use.

 

• In summer, grill or use appliances such as crock pots, air fryers or microwaves instead of your oven.

 

Low-cost Energy-Efficiency Ideas:

 

• Invest in LEDs.

 

• Replace all filters monthly or according to manufacturer’s instructions.

 

• Seal windows and doors with weatherstripping and/or caulk.

 

• Install window film to limit sunlight.

 

• Plant shade trees on the south, southwest and west sides of buildings for shade.

 

• Plant trees on the north and the west sides of buildings to block winds.

 

• Plant trees to shade driveways, sidewalks, patios and HVAC units.

 

• Use blinds or drapes during summer to limit sun exposure.

 

• Control outdoor lighting with a photocell or timer.

Want more energy-efficiency tips? Try our Home Energy Assessment — a complete online energy audit for your home. Submit your responses and email address to receive an email with energy-efficiency advice tailored to your home and lifestyle. To see the math behind your energy consumption, complete the Energy Estimator.

 


 

SECO News October 2020 Winner's Circle

Winners’ Circle

 

Engage with our virtual assistant Electra on the phone for a chance to win a $25 gift card. Winners who self-served using Electra are:

 

John Bost from Ocala

 

Felica Grost from Inverness

 

Mark Damann from Morriston

 

Christian Oliver from Tavares

 

The latest winner of a SECO Energy Level 2 EV Charger is Marc Crail from Mount Dora. To enter, text “EV” to (352) 320-4500 for a link to enter. Or click on the EV Charger Giveaway homepage banner. Visit our Electric Vehicles website section to learn more about the benefits of owning an EV.

 

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

 

Kinilei Shewell from Clermont is the winner of a $200 SECO Energy bill credit.

 

Jules Sigler from Ocala is the winner of a NEST thermostat.

 

Jan Browning from The Villages is the winner of an Amazon Echo Dot with Alexa.

 

Bryant Currier from The Villages is our first winner of a portable generator. We have two more to give away! For a chance to win, lease or purchase SECO’s Surge MitiGator product that protects your home’s appliances from damaging surges and spikes. To learn more or enroll, visit our Surge MitiGator page. Members in a current surge lease or prior purchase are automatically entered in the drawing to win.

 

Read the full August 2021 SECO News online.

SECO News, March 2021

 

Duncan’s Digest – Retirement Announcement and 2021 “Just Business” Annual Meeting

 

Dear Members,

 

After 42 years at SECO Energy, I have formally announced my plan to retire as CEO in January 2022. I began my career with SECO in 1979 as the Director of Accounting and Finance. At that time, the cooperative was known as Sumter Electric Cooperative, and the meter count was just 37,000.

May 2018 SECO News Duncan's Digest
Growth in Central Florida took off, and when I was promoted to CEO in 1990, the meter count had almost doubled to 66,000 homes and businesses. We reached the 100,000-meter count milestone in 1999 and the 200,000-meter count milestone in 2017.

 

Without question, much has changed over my three decades as CEO. We have dramatically improved members’ service reliability through increased investments in our electric infrastructure and a strengthened vegetation management program. At the end of 2020, our meter count reached 216,477. Our total investment in our electric facilities is approaching the $1 billion mark at $955.6 million.

 

We’ve celebrated customer satisfaction wins in recent years, too. Some of my proudest moments as CEO came when SECO Energy won 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.

 

Most important, I am honored to work with the best employees in the energy industry. SECO employees are world-class representatives of the cooperative purpose who provide exceptional customer service to our members. When I retire, it’s the great employees of this company I will miss the most.

 

My wife Connie and I have been married for 53 years. We are looking forward to spending more time traveling, scuba diving and relaxing on the water. We’re excited to spend more of our free time with our two sons and three grandchildren as well. Though the timing of my retirement was an emotional and difficult decision, I know it is the right time to take the next steps to focus on fun and family.

 

I hope you will tune in to watch our 83rd Annual Meeting’s live virtual webcast on Thursday, March 25, at 4:30 p.m. This will be my final address to the membership. The Meeting this year is a no-frills, virtual Annual Business Meeting that is themed “Just Business.” In our continued COVID-cautious environment, we encourage you to watch our virtual webcast from the comfort and safety of your home. The link to the live webcast will be posted on our homepage, Facebook, Twitter, Instagram and YouTube.

 

Though we are not hosting the big onsite party, we have 100 Annual Meeting prizes up for grabs. Members who vote on Annual Meeting business (a Bylaws Revision and last year’s minutes) are eligible to win a prize. The grand prizes are a 2011 refurbished GMC Canyon 4×4 extended cab truck, a golf cart and four $1,000 cash prizes. Other prizes include air fryers, tool sets, Ring doorbells, NEST thermostats, SECO bill credits and more. All members who vote on the Bylaws Revision and the 2020 Annual Meeting Minutes are eligible to win. Learn more about Annual Meeting voting and review the list of prizes on pages four and five.

 

I know the next ten months will fly by quickly, and I want to emphasize how thankful I am for the privilege of working for this great organization for 42 years.

 

Sincerely,

 

Jim Duncan

Chief Executive Officer

 


 

SECO News March 2021 Advice From The Old Farmer's Almanac

Advice from The Old Farmer’s Almanac

 

Ripe, refreshing summer fruits and vegetables are planted in spring gardens. According to The Old Farmer’s Almanac, Florida falls in Area 1 based on the potential frost and cold period. There is still plenty of time to get seeds in the ground. Plant beans, sweet corn, muskmelons, squashes and watermelons beginning March 15. Be sure to plant cucumbers, eggplant, leeks and sweet potatoes by mid-April. If you like okra, wait until April 15 to plant. Above-ground crops should be planted March 21 – 23 or April 18 – 19. The best days for planting below-ground crops are March 3 – 4 and 30 – 31 and April 8 – 9.

 


 

SECO News March 2021 Florida Special Needs Registry

Florida Special Needs Registry

 

The Florida Division of Emergency Management has developed the Florida Special Needs Registry. Before Atlantic hurricane season begins on June 1, if you or a family member has a special need, add your name to the registry.

 

The Florida Special Needs Registry allows residents with special needs to subscribe to their county’s emergency management agency to receive assistance and alerts during a disaster. The statewide registry provides first responders with valuable information to prepare for disasters or other emergencies.

 

The Special Needs Registry may help save your life. Visit the Florida Disaster website or snr.FLhealthresponse.com to locate your county and register.

 

If someone in your home depends on life-sustaining medical equipment that operates on electricity, make arrangements in advance for an emergency alternative power source. If you are considering installing a generator, go to our Safety page to view our video on generators.

 


 

SECO News October 2020 EV Charger Winner!

EV Charger Winner

 

Fred Zesewitz from Eustis is the February 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 page for more details.

Watch SECO News for next month’s charger winner.

 


 

SECO News March 2021 "Just Business" 2021 Virtual Annual Meeting

 

“Just Business” 2020 Virtual Annual Meeting

 

Tune in virtually for SECO Energy’s 2021 Annual “Just Business” Meeting on Thursday, March 25. The Annual Business Meeting online webcast begins at 4:30 p.m. To access, click on the 2021 Virtual Annual Just Business Meeting banner at SECOEnergy.com. Links to the webcast will also be published on Facebook, Twitter and Instagram.

 

Given the continuing COVID-cautious environment, we do not encourage in-person attendance and are unable to accommodate food service, shuttle service, onsite prize distribution and other activities of previous years. The good news is that members do not have to attend the meeting to vote and be entered in the prize drawing.

 

Ways to Vote

 

To vote electronically, visit our homepage and click on the VOTE banner. You can also text “VOTE” to (352) 320-2200 and follow the link provided.

 

To vote by mail, complete the ballot included in the Official Annual Meeting Notice enclosed in your February or March billing statement. Enclose with your electric bill payment or mail completed ballot to: SECO Energy, P.O. Box 301, Sumterville, FL 33585 by Tuesday, March 23 at 5:00 p.m.

 

To vote by phone, reach out to Member Services at (352) 793-3801 during regular business hours and an agent will assist you in casting your vote.

 

To vote in person, visit one of our five Member Service Centers to view a paper copy of the Bylaws Revision and last year’s minutes. We’ll help you cast your vote when you’re ready.

 

View the full list of 100 Annual Meeting prizes up for grabs. All members who vote on 2021 Annual Meeting business are eligible to win.

 


 

SECO News March 2021 Go Green And Win

 

Go Green and Win

 

Go Green in 2021 to be eligible to win a prize. Help SECO reduce billing and paper costs and you could win a $200 bill credit, a NEST thermostat or an Amazon Echo Dot with Alexa. We’ll draw three winners each month whose account meets the three account eligibility criteria:

 

. registered through SmartHub

 

. opted out of paper billing statements

 

. enrolled in automatic bank draft

 

If you have more than one account that meets the three criteria, each account is eligible to be drawn as a winner.

 

You can enroll in bank draft and select paperless billing through SmartHub. Members who aren’t as tech savvy or do not have a smartphone or tablet can reach out to Member Services by phone for enrollment assistance.

 

We’ll choose three winners each month through 2021. GOOD LUCK!

 


 

SECO News February 2021 Winners' Circle

 

Winners’ Circle

 

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

 

JANUARY’S WINNERS ARE:

 

Alma Cook from Lake Panasoffkee

 

Ron Lyle from Ocala

 

Raymond Clark from Deland

 

Susan Scarano from Floral City

 

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

 

Linda Lauletta from Mascotte is the winner of a $200 SECO Energy bill credit.

 

Jerry Johnson from Ocala is the winner of a NEST thermostat.

 

Nancy Marty from Leesburg is the winner of an Amazon Echo Dot with Alexa.

 

Read Winners’ Circle next month for more winners. Congratulations, winners!

 


 

SECO News March 2021 Scholarship Reminder

 

Scholarship Reminder

 

Attention high school seniors interested in a career in the energy industry, SECO Energy’s Board of Trustees has approved $36,000 in scholarship funds for 12 awardees to receive $3,000 each. Completed applications are due by 5 p.m. on Friday, March 26.

 

Student Eligibility Requirements:

 

• reside in a home served by SECO Energy

 

• interested in a career in the energy industry

 

• graduating in the current school year (2021)

 

• enrolled full-time in an accredited Florida college, university, vocational/technical school by the end of 2021

 

• pursuing a degree or certification in technology, engineering, math or business

 

An independent panel of educators from SECO’s service area evaluates all applications and selects each year’s winners. Print an application by visiting our Scholarships page or pick one up from a school guidance counselor.

 

Read the full March 2021 SECO News online.