December 2014
Customer S Ser er vice is Priorit y #1 We talk a great deal about customer service and how important that is to the cooperative business model. Some SECO members, including newer ones, might not realize what customer service really means at their co-op.
Here are some prime examples of what we mean:
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First, an important component of good customer service is striving to make sure that your power is available at the switch when you need it. Our employees work very hard to make sure that your power supply is as reliable as humanly possible; that your outages are kept to a minimum and that your electric service is restored quickly if an outage were to occur. During Florida’s storm season, SECO has one of the most comprehensive emergency response plans in the state. Anyone who has gone through a hurricane or tropical storm here in the past few years is aware of just how proactive the co-op’s response is to such weather-related phenomenon.
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Secondly, customer service at SECO means keeping your cost of electricity as low as possible. That’s challenging when you consider that a full 70% of the cost of your power bill goes solely to pay for the power we purchase on your behalf. SECO gets no operational revenue from that 70%. Still, we have managed to keep the co-op in good financial condition and have kept your cost for power very competitive. In the third instance, when we do our annual assessment of the coop’s fiscal condition, any excess revenues we may have are shared with the members in the form of capital credits. That sharing is unique to the co-op business model. This year saw capital credits returned to the members in the amount of $4.2 million. In the last 19 years, SECO has given back over $32 million in capital credits to its members.
We wish you a Merry Christmas and may your New Year be filled with love, laughter, brightness and hope. Your SECO family
In the fourth instance, while many utilities have closed their satellite customer service offices, SECO has chosen not to do that. We think it’s important to have a presence in the primary counties we serve. It makes it more convenient for members to interact directly with SECO employees on a wide variety of matters. For that same reason, we have a call center where members can talk to a live human being. The call center is right here at the Sumterville headquarters. It is not overseas or contracted out to some other part of the country. continued inside...