DUNCAN'S DIGEST Jim Duncan, CEO
SECO Energy is a fiscally conservative, not-for-profit electric cooperative owned by and operated for our members. With the Board of Trustees• guidance, SECO has a solid record of providing members low-cost, reliable electric service. Based on fuel costs since 2014, SECO has routinely lowered bills by almost 11%.
markets pay higher than rates kWh the national average. Residential consumers in Connecticut paid a whopping 2 0. 29 cents per kWh. Maine, New Hampshire, New York and Rhode Island consumers shelled out over 18 cents per kWh. And for many consumers this is in addition to heating costs powered by natural gas. 7 8 790 2 At the state level, the good news continues for residential SECO members. Per the EIA's analysis, our members consumed less energy and paid a lower kWh rate than the national or the state average. Florida's 9.2 million residential energy consumers paid an average bill of $126.44 with a kWh rate of 11.61 cents and the average consumption was 1,089 kWh.
''GRE AT JO B, SECO SECO's budget-conscious MEMBERS members embrace energy _ Y OU ARE efficiency - reducing energy use and saving money. Our CONSERVING CFO tells me that in 2 17, ENERGY residential members consumed AND SAVING an average of 1, kilowatt MONEV. hours (kWh) monthly. At 1.49 0
018
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cents per kWh for the first 1,000 - SECO residential bills averaged $116.97. These calculations include the customer charge. How does SECO's kWh rate and usage compare to national and state averages? According to the U.S. Energy Information Administration's (www.eia.gov) 20 17 analysis, 132.5 million electric consumers used 867 kWh monthly. The average kWh cost was substantially higher at 12.89 cents and bills averaged $11 1.67. 0942 0 2 The EIA's 2 017 report shows that consumers in the 15 states with deregulated energy
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INSIDE THIS ISSUE •
SECO Champions
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New Year's SAVE-olutionl
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2019 Scholarship Program
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Introducing Florida Fauna & Flora