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SECO News January 2023

 

Happy New Year! As we welcome in 2023, I want to introduce you to SECO Energy’s new Strategy Map. The energy industry itself is changing. In the past, power was distributed from centralized bulk generation and sold as energy to consumers – this was a one-direction transaction. In the future, consumers and businesses have the potential to be both users and creators of energy. This could be in the form of electric vehicles (EV), self-managed demand responsive smart buildings, variable sustainable resources, homes that are more energy efficient driven by consumer choice and an electric grid that is self-healing, self-optimizing and secure.

 

The future is here. Member-owned solar arrays and EVs are examples of how the energy industry has already changed. Protecting and securing the electric grid and reducing outage times through self-healing measures is paramount for member satisfaction. Members want to be as efficient as possible.   

 

A new buzz word in the industry is beneficial electrification which means finding the best energy source while replacing fossil fuels with electricity in a way that reduces carbon emissions and cost. An example of this would be EVs. We recently installed EV charging stations at our Sumterville headquarters for our employees’ use. 

 

For SECO Energy’s strategy to take us into the future, we will focus on our core business; continue to meet the demands of increasing homes and businesses in our area and overcome the labor and supply chain shortages that I have shared with you in prior editions of Wynn’s Wire. 

 

SECO Energy must also maintain competitive rates and member satisfaction while gaining efficiencies and reducing operating expenses. We aim to modernize the distribution system – read about our investment in advanced metering infrastructure (AMI) on page 2.  We are also committed to reducing wholesale power costs, which in turn reduces costs for the entire membership.

 

Our strategy encompasses a new Mission, Vision and Core Values. Mission: As a not-for-profit cooperative, SECO Energy provides reliable and innovative energy services to our members and communities. Vision: SECO Energy will lead the industry in member satisfaction and engagement and be the preferred employer in our region. Values: Safety, Member Commitment, Honesty & Integrity, Strong Work Ethic, Inclusive Culture, Accountability and Teamwork.

 

As we execute our strategy and implement our Mission, Vision and Values, we want you to know that SECO Energy is reliable and a good value. SECO Energy helps you manage your energy usage. And finally, SECO Energy is your trusted source for energy solutions. Visit our website to read the full Strategy Map and our Balanced Performance Scorecard to see our future plans from 2023 to 2025, at SECOEnergy.com > Your Co-Op > Strategy Map.  

 

 

Sincerely,

 

Curtis Wynn

Chief Executive Officer

 


 

SECO ENERGY JANUARY 2023 Advance Metering Infrastructure

Advance Metering Infrastructure

 

SECO Energy is excited to announce we are embarking on a systemwide AMI (advanced metering infrastructure) metering project in 2023. The AMI meter will provide detailed usage data and other energy-saving tools to help members save money on their bills.

 

We began investigating the possibility of integrating an AMI system in 2020 with the first of two AMI Pilot programs. First, we replaced aging prepaid meters with new Honeywell AMI meters that used cellular data to obtain daily interval readings. For the second pilot, we chose Landis+Gyr as the manufacturer to test that AMI meter’s capabilities. Both pilots occurred over a 12-month span to obtain data for all seasons. SECO analyzed data from both pilots, made a recommendation to the Board of Trustees and sought approval to move forward integrating AMI throughout our service area. 

 

After much data evaluation and Board approval, SECO Energy has chosen Honeywell as its AMI vendor to build a hybrid system to best serve both our dense suburban areas and rural locales in our service area. The Honeywell meter is highly accurate and offers many benefits to members. The meter communicates with SECO Energy to reduce the costs of monthly meter reading and supplies members with 15-minute reading interval data. Members will have access to this energy-usage data through SmartHub.  

 

We have invested in additional technology called Bidgely that uses an algorithm of your usage data to estimate how much energy – and when – your home’s appliances are using based on the interval readings to help you identify potential energy wasters in your home. If there’s an HVAC, water heater or other large energy use device malfunction, you’ll know sooner rather than later. Bidgely can’t view your actual in-home behavior. Its software assesses your home’s load profile and estimates usage of items that use electricity based on average consumer usage and behavior.

 

During the meter exchange, you will experience a short outage. There is no need to be home. To ensure accurate billing, Honeywell will take a photo of the previous meter’s out reading. This work is linear in nature, contractors are following established routes within substation and feeder boundaries. Due to operational needs with a linear installation/integration plan, we are unable to offer appointments in advance for meter exchanges.

 

This is an investment that will pay off over time. Each year the cooperative will save millions of dollars in reduced costs to physically read more than 225,000 meters in our 2,100 square mile service territory.   

 

Once the AMI meter at your location has been installed, data integration with the new meter may take up to 60 days. To view your 15-minute interval usage data, compare historical usage, set usage alerts, schedule a payment, enroll in bank draft, or pay your bill with a stored form of payment, make sure you’re enrolled in SmartHub at SECOEnergy.com. 

 

While the AMI project begins in 2023, full completion will take three to four years for all locations in our service area to receive a new AMI meter.

 


 

SECO NEWS JANUARY 2023 SECO Energy's Electric Vehicle (EV) Level 2 Fast Charger Lease/Purchase

SECO Energy’s Electric Vehicle (EV) Level 2 Fast Charger Lease/Purchase

 

Save Money, Save Gas, Charge Fast

Lease or purchase a ChargePoint Level 2 EV Fast Charger from SECO Energy!

 

For a limited time, we’re waiving the $50 installation fee – lease for only $14.50 per month plus tax or purchase for $699 plus tax. 

 

Visit SECOEnergy.com > Energy Solutions > EV Charger Lease/Purchase to learn more about how EVs offer long term fuel and maintenance cost savings. If you have questions, send an email to EVCharger@SECOEnergy.com.


 

SECO NEWS JANUARY 2023 District 5 Trustee Shannon Wright Earns Credentialed Cooperative Director Certificate

District 5 Trustee Shannon Wright Earns Credentialed Cooperative Director Certificate

 

Congratulations to SECO Energy Board of Trustees District 5 Trustees Mrs. Shannon Wright on earning her Credentialed Cooperative Director (CCD) Certificate from the NRECA. Earning the CCD is the initial step in the NRECA’s Director Education program that is designed to assist cooperative Trustees to meet the challenges facing electric cooperatives.

 

Trustee Wright lives in Lake Panasoffkee and was elected to the SECO Energy Board of Trustees in 2022. She has been a SECO member since 2014. Learn more about the Board of Trustees, visit SECOEnergy.com > Your Co-op > Board of Trustees.

 


 

SECO News August 2022 SECO Energy Foundation Pennies From Heaven Transition

SECO Energy Foundation Enrollment Change – January 2023

 

As of January 2023, the SECO Energy Pennies from Heaven program officially transitioned to the SECO Energy Foundation. Unless you notified us previously, your account has automatically been enrolled in the Foundation.

 

The Foundation rounds up your bill to the nearest dollar. The average donation per member whose bill is rounded up is $6 annually.

 

The SECO Energy Foundation’s goal is to increase community outreach with an emphasis on increased member bill payment assistance, energy-efficiency, education/STEM, environmental projects, veterans’ initiatives and health/public safety.

 

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

 

Foundation dollars may assist in purchasing smart thermostats for members who can’t afford one or other energy-efficiency improvements that lower consumption. Investments that help members reduce energy usage, lead to lower bills and reduce SECO Energy’s peak demand. A reduction in demand reduces SECO’s wholesale power bill, lowers costs for all members and decreases the need to build new power plants.

 

Local organizations in SECO Energy’s service territory can begin applying for grants in early January 2023.  

 

If you would like to unenroll and stop your bill from rounding up to donate the extra pennies to the Foundation, visit SECOEnergy.com > Contact > SECO Energy Foundation. You can also send an email to CustomerService@SECOEnergy.com, call (352) 793-3801 or write to SECO Energy, Attn: Corp Comm, P.O. Box 301, Sumterville, FL 33585. 

 

Thank you, members, who support the SECO Energy Foundation and our local communities.

 

 

Read the full January 2023 SECO News online.

 

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.

 

May 2018 SECO News Duncan's Digest

 

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

 


 

SECO News November 2020 Duncan's Digest Extra Prepaid Meter Upgrade Serves As AMI Pilot Project

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.

 


 

Making a Difference at Christmas with Toys for Tots

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.

 


 

SECO News October 2020 EV Charger Winner!

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.

 

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 November 2020 Toys for Tots Word Search

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.

 

November 2020 SECO News word search

 


 

Safety Corner

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.

 


 

SECO News November 2020 Advice From The Old Farmer's Almanac & USDA Weather Stats

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!

 


 

SECO News November 2020 Energy-Efficiency Extra Schedule an HVAC Tune-Up

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.