SECO News, March 2020

SECO News, March 2020

  Duncan’s Digest – SECO Energy’s 82nd Annual Meeting   Our 82nd Annual Meeting is Saturday, March 28, at 293 S. US Highway 301 in Sumterville. Registration opens at 8 a.m. and the Business Meeting begins at 10:30 a.m. The live prize drawing is held after the Business Meeting and wraps up around noon.   […]

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SECO Energy District 4 Members Re-elect Trustee Richard Dennison

SECO Energy District 4 Members Re-elect Trustee Richard Dennison

SECO Energy members residing in District 4 re-elected incumbent Trustee Richard Dennison. A large crowd of District 4 members gathered at the Marion Oaks Community Center on February 20 to elect a Trustee to represent their District on SECO’s Board of Trustees. Mr. Dennison currently holds an officer position on the Board as Vice President. […]

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CEO Jim Duncan Celebrates 40 Years with SECO Energy

CEO Jim Duncan Celebrates 40 Years with SECO Energy

CEO Jim Duncan is celebrating 40 years with SECO Energy. On June 10, 1979, Duncan joined SECO (then referred to as Sumter Electric Cooperative, Inc.) in the position of Director of Accounting and Finance. He held this position until March of 1990 when he accepted the position of Chief Executive Officer (CEO). As the leader […]

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SECO Energy Trustee Scott Boyatt Earns Board Leadership Certificate

SECO Energy Trustee Scott Boyatt Earns Board Leadership Certificate

SECO Energy Board District 1 Trustee Scott Boyatt has been recognized for earning his Board Leadership Certificate through the National Rural Electric Cooperative Association (NRECA).   According to the NRECA, the Board Leadership Certificate is a series of courses that focus on specific industry and governance issues that directly impact electric cooperatives. Participants learn more […]

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Energy Insider – 3rd Quarter

Energy Insider – 3rd Quarter

  What Are Capital Credits?   As the last quarter of the year approaches, we in the cooperative world begin to address Capital Credits. Most members, both residential and businesses, will ask “what are capital credits?” As a not-for-profit electric utility and like most businesses, SECO Energy sets an annual budget to pay operating costs, […]

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SECO Energy Board Compensation Statement

SECO Energy Board Compensation Statement

SECO Energy was founded in 1938 as Sumter Electric Cooperative, Inc., a small not-for-profit rural electric utility serving a few hundred folks in the Webster area. Over the years, sound financial management, appropriate governance policies and economic growth in Central Florida have resulted in the cooperative doing business today as a fiscally sound SECO Energy […]

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Florida Electric Cooperatives Association Honors SECO Trustee Vick

Florida Electric Cooperatives Association Honors SECO Trustee Vick

The Florida Electric Cooperatives Association (FECA) honored SECO Energy’s District 5 Trustee Ray Vick for his long-time service to FECA. Mr. Vick has worked closely with Florida’s statewide cooperative association and provided twenty years of guidance by serving on the FECA Board.   FECA presented Mr. Vick with a memento clock to show its gratitude […]

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SECO Energy Donates Bucket Truck to Lake-Sumter State College

SECO Energy Donates Bucket Truck to Lake-Sumter State College

SECO Energy is a Central Florida not-for-profit cooperative that is one of the top ten employers in Sumter County, offering competitive wages, generous benefits, a defined-benefit pension and a robust paid-time-off program. As a co-op, SECO Energy is also focused on community involvement and partnerships.   “Over a decade ago, SECO Energy recognized a private/public […]

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SECO Energy Hosts Record-breaking Crowd at 80th Annual Meeting

SECO Energy Hosts Record-breaking Crowd at 80th Annual Meeting

SECO Energy welcomed a record-breaking crowd to its 80th Annual Meeting of the Membership on Saturday, March 24. Attendance reached into the thousands as members, employees and VIP guests were treated to breakfast, live entertainment, gifts and more. Members voted overwhelmingly in favor of SECO’s Board-recommended Bylaws revision.   Over 6,700 registered members, guests, vendors, […]

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