SECO Energy Returns $3.5 Million to Current and Former Members

SECO Energy Returns $3.5 Million to Current and Former Members

Just in time for the holiday season, SECO Energy’s Board of Trustees approved a Capital Credits return (retirement) of $3.5 million to current and former members. Since SECO Energy was founded in 1938 as Sumter Electric Cooperative, Inc., the cooperative has retired more than $66.8 million to current and former members.   SECO Energy is […]

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SECO News, November 2019

SECO News, November 2019

Money doesn’t grow on trees and pigs don’t fly, but you can take your Capital Credits return to the bank. This month, SECO Energy is making you and your wallet a little happier. During its October meeting, SECO’s Board of Trustees approved a Capital Credits return (retirement) of $3.5 million to current and former members. […]

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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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District 3 SECO Energy Members Elect New Trustee

District 3 SECO Energy Members Elect New Trustee

On Monday, May 13, members who attended SECO Energy’s District 3 Special Meeting voted to elect Gerald B. Anderson to represent their District and the members at large on SECO Energy’s Board of Trustees. The Special Meeting to elect a new District 3 was held to fill the vacant Board seat. Mr. Anderson will serve […]

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SECO Energy 81st Annual Meeting Draws Thousands

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 […]

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SECO Energy Trustee Richard Belles Resigns

SECO Energy Trustee Richard Belles Resigns

SECO Energy announced today that District 3 Trustee Richard Belles has resigned from the Board of Trustees. Belles was elected initially in 2013 and has been a SECO Energy member since 2001.   Per the SECO Energy Bylaws, the cooperative will hold a special District 3 Meeting in the near future to elect a new […]

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Members Re-elect District 5 Trustee Ray Vick

Members Re-elect District 5 Trustee Ray Vick

District 5 members gathered at Inverness Middle School on Thursday, February 21, to elect a member to represent their District on SECO’s Board of Trustees. The members elected Mr. Ray Vick who lives in Inverness and has been a SECO member since 1974. Mr. Vick was first elected to the Board in 1980.   SECO […]

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Members Re-elect District 3 Trustee Richard Belles

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 […]

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SECO News, November 2018

SECO News, November 2018

DUNCAN’S DIGEST   CAPITAL CREDITS   They say money doesn’t grow on trees, but as a member, your 2018 Capital Credits retirement has sprouted and arrives in your November bill.   You, along with 200,000+ residents are members of a not-for-profit cooperative founded in 1938 as Sumter Electric Cooperative with just 500 members. Things have […]

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