October 2016
D U N C A N’S D I G E S T Hot Bucks
The streak continues - SECO Energy has lowered the cost of energy again! As of October 1, the price for the first 1,000 kWh – average residential energy consumption in SECO’s area – has been reduced another dollar to $112.60. Since January 2014, our cooperative has reduced the cost of energy nine times. In less than three years, SECO has lowered JIM DUNCAN, CEO members’ bills by almost 12%. This latest reduction means that SECO members pay one of the lowest rates for energy in Central Florida (and per J.D. Power, our members receive the best service in the nation). The decrease is formally called a Power Cost Adjustment or PCA – but our members know it better as “Hot Bucks.” The PCA is a line item component on your bill representing positive reductions in our cost of power.
$112.60
$113.60
$114.60
$115.60
$116.20
$117.20
$118.20
$ $120.70
Be sure to look for the latest reduction on your October bill, as your Board of Trustees (your fellow members who govern your cooperative) approved the reduction in their September meeting.
Another Dollar Down
$127.75
As a not-for-profit electric cooperative and a two-time J.D. Power Customer Satisfaction winner, SECO’s dedication to its members is clear. SECO is committed to providing members with low rates, reliable electric service and excellent customer service.
1/14 11/14 6/15 8/15 10/15 12/15 3/16 6/16 10/16 Cost per 1,000 kWh
BOARD OF TRUSTEES Ray F. Vick President District 5
Jerry D. Hatfield Vice President District 9
Robin R. Henion Secretary-Treasurer District 7
Scott D. Boyatt District 1
Dillard B. Boyatt District 2
Richard J. Belles District 3
Richard Dennison District 4
Earl Muffett District 6
Bill James District 8
Board of Trustees will meet on Monday, October 31, at 2:30 p.m. in the Corporate Offices at 330 South US HWY 301 in Sumterville. A Trustees’ meeting will also be held on November 28, 2016. SECO 24/7 Job Hotline www.secoenergyjobs.com (855) 483-2673 287602 SECO Outage Center www.secostormcenter.com (800) 732-6141