SECO Energy Returns $6.1 Million to Members

SECO Energy Returns $6.1 Million to Members

SECO Energy has positive financial news for its 210,000+ members. The not-for-profit electric cooperative is retiring a record $6.1 million in Capital Credits to current and former members. During the September Board Meeting, the SECO Board approved the record-high $6.1 million Capital Credit retirement.   Current members will see their portion of the retirement on […]

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SECO News, November 2020

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 […]

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SECO Energy Board of Trustees Elects Officers

SECO Energy Board of Trustees Elects Officers

The SECO Energy Board of Trustees held elections on Monday, March 30 for its three Board Officer positions. District 4 Trustee Richard Dennison was elected Board President, District 9 Trustee Jerry Hatfield was elected Vice President and District 3 Trustee Gerald Anderson was elected Board Secretary/Treasurer.   District 4 Trustee and Board President Richard Dennison […]

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Hundreds tune in to SECO Energy’s First Virtual Annual Meeting

Hundreds tune in to SECO Energy’s First Virtual Annual Meeting

SECO Energy hosted its first Virtual Annual Meeting on Saturday, March 28. Hundreds of members tuned in to watch the live stream of the cooperative’s 82nd Annual Meeting, and nearly 8,000 members voted on Annual Meeting business prior to the start of the virtual meeting.   SECO Energy decided in early March to significantly change […]

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SECO Energy 2020 Annual Meeting Goes VIRTUAL ONLY for Public Health and Safety

SECO Energy 2020 Annual Meeting Goes VIRTUAL ONLY for Public Health and Safety

SECO Energy announced that its 82nd Annual Meeting is going virtual only in the interest of public health and safety. The SECO Energy Annual Meeting is the cooperative’s pinnacle event. Based on Florida’s declared public health emergency in response to coronavirus developments, the Centers for Disease Control and Prevention (CDC) advisories and SECO’s corresponding need […]

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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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SECO Energy Trustees Maintain Director Gold Credentials

SECO Energy Trustees Maintain Director Gold Credentials

SECO Energy congratulates five members of its Board of Trustees who have completed the necessary coursework to maintain their Director Gold Credentials from the National Rural Electric Cooperative Association (NRECA). The five Trustees are: Board President and District 9 Trustee Jerry Hatfield; Board Secretary/Treasurer and District 8 Trustee William James; District 2 Trustee Dillard Boyatt; […]

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