July 2020 SECO News

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J U LY

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2020

SECONEWS In the December 2019 edition of SECO News, I shared an overview of our $ 5 5 m i l l i o n 2 02 0 co n st r u c t i o n wo r k plan. I want to share an exciting project from the plan that is currently in progress.

demand as well. The rebuild will increase reliability and meet demand in southwest Marion County.

091201 The current Marion Oaks substation sits on half an acre and is almost forty years old. The cost to build the sub in 1982 was $540,000. The substation was upgraded within the last decade to include a 28 Mega Volt Amp (MVA) power transformer. The original substation has four feeder lines and serves less than 5,000 SECO members.

The price tag for the construction of the new REBUILDING THE ultramodern Marion Oaks substation is $5.6 million. MARION OAKS This substation is being built SUBSTATION IS on a five-acre tract and has the potential to serve 20,000 NECESSARY TO to 30,000 members. The The new, massive Florida SERVE THIS NEW plan is to construct the sub Crossroads Commerce Park with ten feeder bays, with COMMERCE AREA... is the main reason for the eight feeders energized substation rebuild. The Park is initially and two as spares for undoubtedly a boon for Marion future use. The construction County, boosting the economy, plan includes two new 37 MVA power increasing the tax base and bringing in new jobs. transformers and a new control house. Once In Phase I, Dollar Tree will open a 500,000-squarefoot distribution center that will employ 200 people. this construction is complete, the original In fact, they’re already hiring. In Phase II, another substation will be leveled. R e c e n t l y, c r e w s a n d contractors have begun the Marion Oaks substation rebuild in Marion County on County Road 484 about two miles west of Interstate 75.

1.2-million-square-feet will be built and bring another 500 jobs to the area. Just the Dollar Tree portion of capital investment in the Florida Crossroads Commerce Park is upward of $200 million. Rebuilding the Marion Oaks substation is necessary to serve this new commerce area, and because the county says that Marion Oaks’ population could quadruple in the next two decades, the substation must meet growing residential

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INSIDE THIS ISSUE • 2020 Scholarship Awardees • EV Charger Winner • Summer Energy Efficiency • Florida Fauna & Flora Hurricane Handbook JULY 2020 | SECO NEWS

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July 2020 SECO News by SECO Energy - Issuu