SECO Energy Annual Meeting

SECO Energy Celebrates 84th Annual Meeting Virtually

SECO Energy held its 84th Annual Meeting of the Membership on March 24, at 4:30 p.m. for a virtual crowd of members and guests. This is the third virtual meeting since 2020 when COVID restrictions cautioned against holding large gatherings. The cooperative’s exceptional member growth has resulted in what could potentially become an unmanageable situation if a small percentage of the 500,000 SECO members and their guests accepted our invitation to come and enjoy the traditional festivities hosted on our campus, which only has an 8,000-to-10,000-person meeting capacity.

Hundreds of members tuned in via live webcast, Facebook live and YouTube to watch the cooperative’s Virtual Business Only Annual Meeting. Since the meeting content remains available on SECOEnergy.com, even more are viewing the meeting after-the-fact at their leisure.

Board of Trustees President and District 4 Trustee Richard Dennison called the Meeting to order and closed the voting platform at 4:30 p.m. Board of Trustees Vice President and District 3 Trustee Gerald Anderson led the virtual audience in the Pledge of Allegiance and the National Anthem. SECO’s VP of Corporate Communications and Energy Services Kathryn Gloria led the invocation, introduced the Trustees, and welcomed District 5 Trustee-elect Shannon Wright, who will begin her duties at the Trustees’ Meeting on Monday, March 28. Ms. Gloria also introduced CEO Curtis Wynn and Cooperative Attorney Scott Gerken. Board of Trustees Secretary/Treasurer and District 2 Trustee Joyce Anderson certified the Official Annual Meeting Notice that was delivered timely to all cooperative members per the terms of the Bylaws.

Mr. Dennison’s President’s Report opened with a welcome to the virtual audience. He thanked the members who voted electronically, in person, by phone or by mail, and announced that SECO achieved a quorum by virtue of votes cast on Annual Meeting business. Mr. Dennison stated, “Florida cooperatives are required by statute to hold an Annual Meeting and must achieve a quorum to conduct official business. I am happy to announce that member voting participation has indeed helped us achieve a quorum this year. Thank you so much to all who cast a vote this year.”

Mr. Dennison also introduced SECO Energy’s new CEO Curtis Wynn. President Dennison stated, “Mr. Wynn was hired by the board last year and joined us in December. His energy industry career is rooted in Florida. From 1981 to 1997, he worked at West Florida Electric Cooperative. Mr. Wynn also served for 24 years as President and CEO of Roanoke Electric Cooperative in North Carolina. Mr. Wynn’s resume reflects a long list of awards and accomplishments showing a history of supporting creative solutions that are turning the challenges of the energy industry evolution into major opportunities.”

Following the President’s Report, CEO Curtis Wynn began his report. Wynn provided the membership an impressive list of recently completed and upcoming projects under consideration at SECO Energy.

Mr. Wynn also expressed SECO’s commitment to maintaining and upgrading its existing electric facilities to serve current members while constructing new electric infrastructure to fulfill new growth and development needs.

Mr. Wynn stated, “With growth rates averaging nearly 40% in our three largest counties (Sumter, Lake and Marion), we must have the following five elements in place to viably keep pace with the growth in SECO Energy’s service territory: 1) the financial capability, 2) SECO staffing, 3) stable contract labor, 4) material & equipment supply chain consistency and 5) competitive wholesale power costs.”

Wynn continued, “SECO’s financial position is strong but the growth we are experiencing and the major investments that come with this growth challenge our commitment to preserve reliable and affordable service. At yearend 2021, SECO Energy added 5,770 new meters, which brings our total active meter or service count to 222,188. To support the growth in our area and increasing demand for energy, our investment in facilities topped over $1 billion. This ongoing facilities investment averages over $6 million per month.”

The CEO Report also mentioned being challenged by supply-chain shortages and talked about the wholesale power provider’s (Seminole Electric Cooperative’s) shift to a larger portion of its portfolio generating from natural gas and renewables. He continued by emphasizing that the natural gas market is affected like the oil market. The Energy Information Administration estimates that the wholesale spot price of natural gas in 2022, will reach an eight-year high. That market volatility will affect the cost of Seminole’s production of power and ultimately will reflect on members’ bills through the Power Cost Adjustment (PCA) factor as of April 1.

Wynn announced the SECO Energy Board of Trustees has approved taking steps to implement an Advanced Metering Infrastructure (AMI) project. Wynn stated, “SECO is one of a very few large, fast-growing utilities in the state or in the nation for that matter that has not deployed AMI throughout our system. We are in the midst of two pilot projects to test the viability of deploying AMI in our service territory. As we move to the completion of these, we are now preparing to decide on a vendor with whom we will work to deploy the AMI technology that will help us improve our operations in a variety of ways.” Wynn concluded his remarks by acknowledging the Board of Trustees’ service, his staff’s unwavering support and the 400+ SECO Energy employees’ commitment to serving the members and surrounding communities in a safe and professional manner.

Cooperative Attorney Scott Gerken certified the 2022 Annual Meeting voting results. In total, 8,952 members voted on 2022 Annual Meeting business which was approval of the 2021 Annual Meeting Minutes, which entailed 8,635 members voting “Yes,” 39 members voting “No,” and 278 members abstaining. Mr. Gerken announced, “The membership clearly approves the 2021 Annual Meeting Minutes.”

SECO Energy established a special phone number, email address and social media presence for the Virtual Annual Meeting. A panel of SECO employees interacted with members who posed questions and comments that were read and answered during the meeting by CEO Curtis Wynn and members of the senior staff.

The meeting ended with the announcement of prize winners. All members who voted on Annual Meeting Business were entered into the random drawing for one of 100 prizes. Shawn Matthew from The Villages won the 2012 Chevy Colorado Extended Cab. Geoffrey White from The Villages won the 2019 EZGO golf cart. The three $1,000 winners are Susan Roberts from Deland, Beverly Dearden from Inverness, and Morton Finkelstein from Ocala. Elizabeth Estavanko from The Villages won the Generac generator. Other prizes including SECO bill credits, Nest learning thermostats, energy-efficiency kits, HoneyWell smart thermostats and more will be shipped directly to winners. SECO will arrange for delivery of grand prizes. View the complete list of prize winners.

A complete video of the program is available at SECOEnergy.com, Facebook and YouTube.

“Like” SECO’s Facebook page and “follow” @SECOEnergy on Twitter for member contests, news releases, cooperative updates and severe weather alerts affecting SECO Energy’s service territory. Visit SECOEnergy.com>Your Co-op>About SECO to learn more about SECO Energy.

SECO Energy Celebrates 83rd Annual Meeting Virtually

SECO Energy celebrated its “Just Business” 83rd Annual Meeting of the Membership on Thursday, March 25. Because of the continuing COVID-cautious environment and the need to limit large gatherings, the not-for-profit cooperative held the Just Business Meeting virtually.

Members tuned in via Facebook live, YouTube and live stream to watch the cooperative’s second virtual Annual Meeting. Board President and District 4 Trustee Richard Dennison called the Meeting to order and closed the voting platform at 4:30 p.m. SECO’s VP of Corporate Communications and Energy Services Kathryn Gloria led the invocation and asked the virtual audience to join her in the Pledge of Allegiance and the National Anthem. Ms. Gloria introduced the Trustees and welcomed District 9 Trustee-elect Morgan Hatfield, who began her duties at the Trustees’ Meeting on Monday, March 29. Ms. Gloria also introduced CEO Jim Duncan, Cooperative Attorney Scott Gerken and Executive Administrator to the CEO and Board Nora Brown, who served as Recording Secretary during the Meeting. Board Secretary/Treasurer and District 3 Trustee Gerald Anderson certified the Official Annual Meeting Notice that was mailed to all cooperative members per the terms of the Bylaws.

Mr. Dennison began his President’s Report by welcoming the virtual audience. He thanked the members who voted electronically, in person, by phone or by mail, and announced that SECO achieved a quorum by virtue of votes cast on Annual Meeting business. Mr. Dennison stated, “Florida cooperatives are required by statute to hold an Annual Meeting and must achieve a quorum to conduct official business. I am happy to announce that member voting participation has indeed helped us achieve a quorum this year. Thank you so much to all who cast a vote this year.”

Following the President’s Report, CEO Jim Duncan began his CEO Report. Mr. Duncan welcomed the virtual audience, performed the traditional military salute and first responders’ recognition. He acknowledged the Board of Trustees’ service and employees’ hard work and dedication to members.

Mr. Duncan also formally announced his plan to retire as CEO. Duncan stated, “Today is bittersweet for me. Earlier this year, I conveyed to the Board my plan to retire from SECO Energy in January 2022. That making the 83rd Annual Meeting my last as CEO. The decision to retire was a difficult and emotional one. My wife Connie and I have been married for 53 years, and we are looking forward to more vacations, scuba diving and family time with our sons and grandchildren.”

CEO Duncan’s state of the company address included an overview of his 42-year SECO career, the cooperative’s financial health, significant meter growth and reliability improvements during his tenure as CEO. Duncan stated, “Much has changed during my three decades as CEO. If you’ve been a member for decades, you may remember the days when our unflattering but true moniker ‘Sometimes Sumter’ was coined. Not only was our reliability marginal, but our rates were also some of the highest in the state. During my tenure as CEO, we dramatically improved service reliability through increased investments in our electric infrastructure and a strengthened vegetation management program.”

Cooperative Attorney Scott Gerken certified the 2021 Annual Meeting voting results. In total, 4,576 members voted on 2021 Annual Meeting business. As to the 2021 Bylaws Revision: 4,263 members voted “Yes,” 93 members voted “No,” and 220 members abstained. As to the 2020 Annual Meeting Minutes approval: 4,368 members voted “Yes,” 7 members voted “No,” and 201 members abstained. Mr. Gerken announced, “The membership clearly approves the 2021 Bylaws Revision and 2020 Annual Meeting Minutes.”

Mr. Duncan concluded the Virtual Annual Meeting by saying, “I appreciate you joining us and participating in the cooperative governance process.” He reminded members to stay tuned for the live prize drawing.

The meeting ended with the announcement of prize winners. All members who voted were entered into the random drawing for 100 prizes. Russell Rager from Tavares won the 2011 GMC Canyon 4X4 Extended Cab. A commercial member under The Stardust Collection account from Lake Panasoffkee won the golf cart that was provided at cost by The Villages Golf Cars. The four $1,000 winners are James Wilson from The Villages, Christine Hankla from The Villages, Kenneth A. Merritt from Center Hill and Leonard J. George from The Villages. Other prizes including Apple TVs, Instapots, toolsets, Amazon Fire tablets and airfryers will be shipped directly to winners. SECO will arrange for delivery of grand prizes. View the complete list of prize winners.

“Like” SECO’s Facebook page and “follow” @SECOEnergy on Twitter for news releases and cooperative updates. If you missed the virtual meeting, visit SECOEnergy.com>Your Co-op>Annual Meeting to view the video.

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.

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

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.

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.

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.

“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.

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!

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!

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.

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.

Even if you can’t attend, there are ways to win this year. All members are invited to vote on Annual Meeting business in advance. On the SECO Energy homepage, click on the VOTE banner and cast your vote prior to Thursday, March 26 at 5 p.m. for a chance to win a golf cart, gift cards, bill credits, tools, Nest thermostats, Apple TVs, air fryers, Instapots, Ring doorbells and other great prizes. See the complete prize list on page four.

If you do attend the March 28 meeting, you’ll enjoy a light breakfast and entertainment by Margo Rochelle & Rodeo Drive Band. Each registered member will receive our 2019 Annual Report, a special gift and an LED from our wholesale power provider Seminole Electric Cooperative.

This year, there are three ways to win. Members who attend the Annual Meeting are eligible for the door prize drawing that begins at the conclusion of the Business Meeting. If you RSVP online and attend the Meeting, you are entered into a drawing for a $300 bill credit. And again, there are great prizes for members who vote on Annual Meeting business by mail or online before March 26 at 5 p.m. Attendance is NOT required to win.

The grand prizes for Annual Meeting attendees are a refurbished 2010 Chevy Colorado 4X4, an electric golf cart, four cash prizes, bill credits, Kindles, Apple TVs, Ring doorbells, air fryers, Instapots and more. Turn to page four for a list of all prizes.

Even if you RSVP and vote in advance, you must register upon entrance to receive your ticket set for breakfast, gifts and the door prize drawing. For speedy registration, bring a copy of your bill. Photo ID is required. The prize ticket barrels are located just after Registration Tents. The map on the next page clearly marks the Stations.

Visit the Energy Showcase to learn more about energy efficiency, talk with energy-efficiency vendors and stop by Station 4 in the same tent for your free LED. Enjoy live music under the Pavilion and find a dance partner. Visit our electric vehicle (EV) show behind the Energy Showcase tent. EVs include brands like Tesla, Porsche, BMW, Chevy, Nissan, Honda and more.

You’ll find a variety of seating areas with sound and screens. We accommodate 3,600 in the covered Pavilion and another 2,000 in the grass areas. Picnic and high-top tables are first-come, first-served. You are welcome to bring your own picnic blankets or folding chairs.

To vote electronically and/or RSVP, click on the homepage banner. Follow the instructions to view and vote on the Board-recommended Bylaws Revision and the 2019 Annual Meeting Minutes.

To vote and/or RSVP by mail, follow the instructions in the Official Annual Meeting Notice included with billing statements mailed February 14 through March 13. You can drop off your ballot at a Member Service Center or enclose with your payment. To be counted for advance voting, all mail and electronic votes must be received by 5 p.m. on Thursday, March 26.

Don’t forget to “like” SECO Energy’s Facebook page and post a selfie during the event. All members who interact on Facebook during the meeting are entered into a drawing to win a $300 SECO bill credit. You must be present during the live door prize drawing to win.

On behalf of myself, the Board of Trustees and all SECO employees, we look forward to hosting our 82nd Annual Meeting on March 28 and seeing you there.

Sincerely,

Jim Duncan

Chief Executive Officer

Read the full 2020 March SECO News online.

SECO Energy 81st Annual Meeting Draws Thousands

SECO Energy held its 81st Annual Meeting of the Membership on Saturday, March 23, 2019, drawing a crowd of nearly 5,000 members, guests, VIPs and employees.

The theme of this year’s meeting – “Feeding the Cooperative Spirit” – was also a mission. SECO spread the word that local food pantries are experiencing critical shortages limiting their ability to assist residents. SECO partnered with United Way and food pantries to conduct a food drive at this year’s meeting. Hundreds of members donated non-perishable food items that will be delivered to food banks later this week.

Members and guests were treated to breakfast, snacks, live entertainment by Margo Rochelle & Rodeo Drive Band, energy-efficiency displays, gifts, the chance to win door prizes and more. All registered members received a SECO gift, an LED from SECO’s wholesale provider Seminole Electric, a copy of the cooperative’s 2018 Annual Report and additional giveaways.

SECO Energy’s Board President and District 9 Trustee Jerry Hatfield called the meeting to order at 10:30 a.m. During the President’s Report, Hatfield explained the cooperative business model and benefits of being served by a not-for-profit electric utility. Hatfield also encouraged members to enroll in SECO’s Pennies from Heaven program. Hatfield stated, “Please help us support SECO’s great community outreach program Pennies from Heaven. SECO will round up your bill to the nearest dollar to help members in need of assistance and to support other local, worthy causes.”

CEO Jim Duncan took the stage for the CEO Report. Duncan led the crowd in a rousing military tribute and provided a cooperative business update that highlighted SECO’s continued growth, member satisfaction scores and system improvement projects.

Duncan overviewed current and future issues impacting Florida energy consumers. He spoke about SECO’s wholesale power provider Seminole Electric Cooperative and meeting future power needs. Duncan stated, “As SECO grows, our wholesale power provider Seminole Electric Cooperative must also keep up with our power demand. Seminole is removing one coal-fired unit and replacing it with a state-of-the-art natural gas fired unit that will come online in 2023. Seminole has finalized a deal to add 40 megawatts of solar to its mix and is considering the addition of another 300 megawatts of solar.”

Duncan continued, “These moves are environmentally friendly and provide a stable power supply for years to come.” Duncan explained the Board-recommended Articles of Incorporation amendment and Bylaws revision. Cooperative Attorney Lewis Stone led the voting process for the amendment and revision. Members voted overwhelmingly to accept both measures.

After the member votes, Hatfield concluded the meeting and the grand prize and door prize drawings began. U.S. Congressman Daniel Webster who serves Florida’s 11th District joined SECO on stage to draw the first grand prize winning ticket. Robert Morrill of The Villages won the gas-powered golf cart; Arnold A. Gomke of Tavares took home the 2009 Ford SuperCab 4×4; $1,500 in cash went to Robert James of Ocklawaha; Carolyn Hadley of Bushnell won the $1,000 cash prize and both Nancy Burgess of Summerfield and Phyllis Mullin of Ocala won $500.

Like” SECO’s Facebook page and “follow” @SECOEnergy on Twitter for news releases and cooperative updates.

Members Re-elect District 3 Trustee Richard Belles

SECO Energy District 3 members gathered at The Villages’ Savannah Center on Thursday, January 24 to elect a Trustee to represent their District on SECO’s Board. Members voted to re-elect District 3 Trustee Richard Belles. A SECO member since 2001, Mr. Belles was first elected to the Board in 2013.

SECO Energy is a not-for-profit electric cooperative, operated for and owned by its members. SECO members who reside in the District elect one of their fellow members to serve on SECO’s nine-member Board of Trustees. Collectively, the Board represents the SECO membership, meeting monthly to monitor the financial status of the cooperative while providing fiduciary oversight and participating in policy decisions that serve the best interests of the members at large.

In January, both Mr. Belles and fellow District 3 resident Bryan Lifsey declared their willingness to serve the members in District 3 by submitting letters of intent to run. On the afternoon of January 24, a large crowd assembled in the Savannah Center to elect a District 3 Trustee for a three-year term.

Trustee Belles stated, “Thank you District 3 members for choosing me as your Trustee. I am humbled and honored by your support and trust. It is a pleasure to work on your behalf with my fellow Trustees, and I look forward to continuing my Board service.”

President Jerry Hatfield stated, “Mr. Belles’ Board service has had a meaningful impact on SECO’s improved reliability, financial stability and customer service recognitions and success. I congratulate him on his re-election and I look forward to his assistance in serving our fellow SECO members.”

CEO Jim Duncan stated, “Congratulations to Mr. Belles on his re-election and thank you District 3 members for participating in your District Meeting. SECO’s Board of Trustees is an important piece of the cooperative process. They are a fiscally responsible group who is very supportive of SECO, its members and employees. I am grateful for our Board’s fiduciary guidance and oversight, and their collective knowledge of the utility industry.”

Duncan continued, “I hope members plan to attend our Annual Meeting on Saturday, March 23. We will be serving breakfast, snacks, visit the Energy Showcase for energy-efficiency displays, enjoy live entertainment and the chance to win door prizes. The grand prizes this year are a refurbished 2009 Ford SuperCab 4-wheel drive with less than 60,000 miles, a golf cart, cash and many other prizes.”

Visit our Trustees page to view a photo and read a brief bio of SECO’s Trustees along with a District map. “Like” SECO’s Facebook page and “follow” @SECOEnergy on Twitter for news releases and cooperative updates.

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, first responders, employees and VIPs attended, an increase of almost 1,000 guests from last year. Parking nearly reached capacity at just under 3,000 vehicles. A new exit plan and the addition of overflow parking with motor coach service to/from SECO’s headquarters parking area allowed SECO members and guests to exit the event in just 48 minutes.

Daryl Lanker, president of Dixie Lime & Stone and Bedrock Resources, which are two of SECO’s large-load accounts, arrived via helicopter after flying over the Annual Meeting space and graciously taking aerial photos of the crowd. Attendees were served an abundance of food and drinks including 8,250 breakfast biscuits served by Mojo Grill & Catering out of Ocala. Members and guests snacked on 22,000 oatmeal raisin and chocolate chip cookies and 15,600 Krispy Kreme doughnuts. During the chilly morning, attendees sipped down 5,300 cups of coffee. As temps warmed, 4,344 cans of soda and 6,294 bottles of water were consumed.

All registered members received a copy of SECO’s 2017 Annual Report, a thermal zip-up picnic blanket and an LED provided by SECO’s wholesale power provider Seminole Electric Cooperative. Three grand prizes included $1,500 in cash, a 2009 Chevy Colorado and a 2015 Club Car Precedent electric golf cart provided by Ocala Golf Cart at a significant discount. Additional door prizes included iPads, Nest thermostats, gift cards, Apple TV devices, various upscale electronics, two $500 cash prizes and a $1,000 cash prize.

Grand prize winner Darrell Clark of Leesburg won the 2009 Chevy Colorado; The Villages’ Laura Pfafman won the electric golf cart and Richard McHie took home the $1,500 cash prize. Bushnell’s Marcia Sanborn won the $1,000 cash prize. Marlene Garner from Leesburg and Ramindarjit Walia from The Villages both won $500. Steven Underwood from Ocala won the drawing for the $300 bill credit for posting a photo on SECO’s Facebook page during the Annual Meeting. Umatilla’s Barbara Nichols won the $300 bill credit drawing for her online RSVP and attendance. Cindy DesVoignes from Webster was the winner of the patriotic picnic set drawing from hundreds who pledged support of COPA (Co-op Owners for Political Action).

President & District 5 Trustee Ray Vick called the business meeting to order before delivering his annual President’s Report. Vick detailed 2017’s Board-approved Capital Credits retirement of $5.4 million and asked members to consider rounding-up their bills to donate the extra change to SECO’s Pennies from Heaven program. Vick stated, “Imagine how much good we could do for our members in need if each and every one of our 201,000 members joined Pennies from Heaven.” The average round up is about $6 annually, but collectively the pennies donated make a difference in the lives of many SECO members.

CEO Jim Duncan took the stage to provide a Cooperative update. Duncan shared SECO’s 2017 successes including a third J.D. Power award for highest in customer satisfaction among cooperatives, an American Customer Satisfaction Index (ACSI) score of 88, a “Best of the Best” award from the Ocala Star Banner’s Readers’ Choice Awards, a Marion County United Way Outstanding Partner and the 2017 Large Business of the Year in Sumter County.

Duncan addressed the crowd stating, “We are proud of these awards and aren’t shy showing them off because the rankings come from you – our members. Since 1938, SECO’s roots have been firmly planted in Central Florida. Those roots, along with our employees’ dedication to member satisfaction and hard work, are the cooperative difference.”

Before inviting corporate attorney Lewis Stone to the podium to facilitate the Bylaws revision vote, Duncan summarized the revision reasons. Stone lead the vote and answered members’ questions. Members passed the Bylaws revision with little to no opposition.

Members unable to attend Saturday’s Annual Meeting can view video from the event on SECOEnergy.com, Facebook, Twitter and YouTube next week. Members who want to join the Pennies from Heaven program can enroll online.

“Like” SECO’s Facebook page and “follow” @SECOEnergy on Twitter for news releases and cooperative updates.

SECO News, March 2016

Solar Support

I’ve been pretty vocal over the years in candidly explaining the merits and drawbacks of rooftop residential solar installations. The good news is that installations are more affordable as costs come down. The bad news is that a subsidy is still required to support such investments.

SECO has been successful in supporting members who generate their own power without resorting to rebates or credits that inadvertently create financial burden on other members.

We feel those who choose to invest in their own installations should bear the long term costs to receive the benefits. I realize there are some who disagree but I want to emphasize that our philosophy doesn’t seem to be discouraging members who are committed to investing in solar energy.

Case in point: The Florida Office on Economic and Demographic Research reports that SECO has the highest number of solar interconnections of any electric cooperative or municipal utility in Florida with 271 installations. Per the report, SECO also has the highest gross power rating for solar when compared with the state’s other cooperatives.

SECO’s interconnected members produced 1,139,363 kilowatt hours last year, resulting in payments from SECO to the members totaling nearly $95,000 in 2015. Over the life of their systems, the company has paid nearly $281,000 to solar members for the electricity they’ve produced per the terms of our tariff and net metering policy.

I understand parts of our service territory have been inundated recently with door-to-door and robocall solicitation from energy efficiency and solar salesmen. My advice is to exercise caution if you are approached and to call SECO for a free second opinion on the financial outlay and payback. Our Energy Services team can walk you through identifying your home’s conduciveness to solar by examining orientation, roof pitch, usage and potential payback. Rest assured, we’re not trying to discourage you – we simply want you to know what you will get for your money.

Speaking of your money, Congress extended the Investment Tax Credit (IVT) –30% of the value of solar projects. The 30% credit extends through 2019. Per a recent Wall Street Journal article, these credits were key to the rapid expansion of renewable energy. Without our tax dollars, this industry would probably be floundering. But it’s booming – and who technically profits from the credit? Solar panel manufactures and sellers – they even get to pocket the tax credit if the consumer leases rather than purchases their installation. And they probably didn’t send you, the taxpayers, a thank you note or a Christmas card.

On the topic of large-scale solar, SECO is working with the Federal Correctional Facility in Coleman to integrate their new solar system. Through a federal expenditure – more of our tax dollars at work – the prison installed a two-megawatt solar system to offset its energy use.

Another project in the works will allow you to purchase small blocks of solar energy rather than spending tens of thousands of dollars on rooftop solar. This utility-scale system should be operational by year’s end – watch for enrollment details.

Utility-scale solar costs have decreased, but it’s important to remember that traditional generation must still stand ready to produce power when the sun doesn’t shine. Even if you invest in a solar system, SECO members still incur the cost of a $775 million electric system – the meters, lines, poles, transformers, substations and peak time power supply that serves solar members when the sun doesn’t shine… at night, on cloudy days, during hot summer afternoons during storm season and on cold winter mornings before sunrise.

Floridians with solar installations still expect full-time, reliable electricity to be able to run their ACs, cook dinner and power their electronic gadgets in the absence of sunlight. It’s a point often lost in discussion of future power needs.

Can we do more with solar? Yes, we should and from the numbers I provided, clearly we are making progress. Contact us at solar@secoenergy.com if you want to learn more.

Attend our 2016 Annual Meeting of the membership on Saturday, March 19, at our Sumterville Compound at 293 S Highway 301. Gates open at 8:00 a.m. with parking assistance and shuttle service. Join us for entertainment, coffee, cookies, doughnuts, and the now famous big breakfast biscuit.

Visit the tent with displays showing ways to reduce electric use and save on your bill. The Business Meeting starts at 10:30 a.m. after which a lot of cash prizes and door prizes are awarded. The grand prize is a refurbished 2005 Dodge Dakota 4×4.

Like SECO Energy on Facebook today as a first step to enter in a drawing for a $300 electric bill credit that will be awarded at the meeting. All members who attend the meeting and comment on, like, or upload a photo to our 2016 Annual Meeting status update on our Facebook page will be entered in the drawing. The randomly selected member must be present to win the $300 electric bill credit.

Not a Facebook user? Establish a Facebook account today to get ready. Don’t understand it? The SECO Energy Facebook Help Squad will be available at the meeting to help you access the page, like, comment and upload your best “selfie” photo. It’ll be great to show your kids and grandkids you’ve mastered the selfie!

After the business meeting and prize drawings, we typically wrap up by noon. We certainly hope you will join us.

$36,000 in Scholarships – March 25th Deadline

SECO Energy is a not-for-profit organization guided by the cooperative principles, so support for education and community needs are high priorities.

The Board of Trustees approved the continuation of the SECO Energy Scholarship Program. Board President Ray Vick said, “The Board is proud to renew our commitment to the support of youth and continuing education in our community. These scholarships can be used for community college, a university or a technical/trade school, and we hope that some of these students have a career in their future at SECO Energy once they’re out of school.”

Applications for the 2016 program are now available on our website and graduating high school seniors are eligible to apply. Up to 12 hardworking seniors will each be selected to receive a $3,000 scholarship. To qualify, the student must live in a home served by SECO Energy, graduate from high school in 2016, and have proof of acceptance with a plan to be a full-time student in a university, accredited college or vocational/technical institute in 2016.

If you don’t have Internet access or a printer at home, application packets were mailed to high school guidance counselors in January. Direct your student there or pick up an application from one of our five service center locations. Completed applications must be received by SECO Energy by 5 p.m. on Friday, March 25th. If you have questions about the scholarship program, contact us via our website or call (352) 569-9561

Read the full March 2016 SECO News here.

SECO News, February 2016

SECOEnergy.com has a brand-new look. The site has been completely redesigned on a more user-friendly platform that performs well on a variety of mobile devices and browsers. The old site, in its day, was award-winning, but we recognize that this online makeover is long overdue and appreciate your patience as we developed the new platform.

You’ll notice home page access to the most frequently visited site features. Members are one click away from reporting an outage, online account (SmartHub) access, bill payment, social media updates and a variety of intuitive Contact Us web forms.

Frequently asked questions are updated and categorized. All forms are housed on one page and many are fill-in PDFs. We’ve added a video gallery and a blog in the Newsroom. You’ll find a new section dedicated to solar energy. On the Contact Us page, you can report an area light problem, request an energy audit, inquire about community presentations, let us know you’re moving or ask a general question about your bill or usage.

Convenient communication tools that are enhanced for mobile devices are so important in our tech-savvy world today – especially during a power outage. Now that the website itself is redesigned, we will begin enhancing our Storm Center platform to provide members with a more user-friendly outage map and communications suite that supports text and email. Watch for details in the coming months.
Keep in mind that when you have a power outage, reporting it to us is easy using the current Storm Center application from the home page of SECOEnergy.com or by phone via our automated outage management system. To use these systems effectively, please ensure we have an updated primary phone number that corresponds with your account. Update your number today by logging into your SmartHub account, sending a message through “Contact Us” on the new website or calling us during regular business hours.

Another way to stay up-to-date on outage information, energy efficiency and company news is through our social media platforms. Just visit SECOEnergy.com and click on any of the seven icons. You’ll find us on Facebook, Twitter, Google+, LinkedIn, Pinterest, YouTube and Instagram. We look forward to connecting with you and building these online social communities.

Speaking of community, I hope you’ll join us face-to-face at the SECO Energy Annual Meeting of the membership on March 19. Details are enclosed in your official notice. Lucky winners will claim a 2005 Dodge Dakota 4×4, cash prizes and a variety of door prizes. And the hospitality can’t be beat – hope you can come!

SECO offers a variety of ways to report a street or area light issue. The most convenient way is to visit SECOEnergy.com and click on Contact. You’ll find a user-friendly web form that allows you to report the light issue – even if you don’t have the light number handy. Another way to report a light issue is by emailing AreaLightRepair@secoenergy.com. Of course, you can always call us during regular business hours. Once reported, most light issues are addressed within 72 hours.

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Archive

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

Advice from The Old Farmer’s Almanac

Florida Special Needs Registry

EV Charger Winner

“Just Business” 2020 Virtual Annual Meeting

Go Green and Win

Winners’ Circle

Scholarship Reminder

Duncan’s Digest – SECO Energy’s 82nd Annual Meeting

Solar Support

$36,000 in Scholarships – March 25th Deadline

Read the full March 2016 SECO News here.

Read the full February 2016 SECO News here. Check out this months Nature’s Reflections here.

NEED HELP? CALL (352) 793 -3801

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NEED HELP? CALL (352) 793 -3801

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Read the full February 2016 SECO News here.
Check out this months Nature’s Reflections here.