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 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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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 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 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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On Thursday, February 1, members who attended the District Meeting voted to re-elect Bill James to represent District 8 on SECO Energy’s Board of Trustees. James became a SECO member in 2002 and was first elected to the Board in 2010. SECO Energy is a not-for-profit electric cooperative, operated for and owned by its […]
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On Tuesday, January 23, members who attended the District Meeting voted to re-elect Rob Henion to represent District 7 on SECO Energy’s Board of Trustees. Henion became a SECO member in 2002 and was first elected to the Board in 2009. Henion currently serves in an Officer position as Secretary-Treasurer. SECO Energy is a […]
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SECO Energy is renewing its commitment to young scholars through its 2018 Scholarship program. Apply today, as SECO will award up to twelve $3,000 scholarships to graduating high school seniors in late April. SECO’s Board of Trustees has authorized a total of $36,000 for SECO’s 2018 Scholarship program. For more than two decades, SECO […]
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Duncan’s Digest Reliability, Raptors and a River HAPPY NEW YEAR! 2018 marks SECO Energy’s 80th year as a not-for-profit electric cooperative in Central Florida. The cooperative has grown alongside the counties it serves, and now provides safe, affordable, reliable power to 200,000 homes and businesses. 63,000 of our 200,000 members reside in […]
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SECO Energy applauds District 4 Trustee Richard Dennison for earning his Board Leadership Certificate (BLC) from the National Rural Electric Cooperative Association (NRECA). This is the second advanced certification earned by Mr. Dennison, who received his Credentialed Cooperative Director certificate in November 2016. Mr. Dennison has been a SECO member since 1999, and he […]
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