YES Reasons to say YES to SECO:
SECO Energy’s rates are much lower than Bushnell’s rates.
SECO Energy is ranked highest in customer satisfaction by J.D. Power.
SECO Energy is a not-for-profit electric cooperative owned by its members.
SECO’s members share in the margins of the cooperative through Capital Credits, returning $47.3 million to members.
SECO Energy offers free energy audits to identify energy savings in members’ homes and businesses. South Sumter High School and West Street School would save more than $100,000 annually if served by SECO Energy, allowing these funds to be used for education of children.
Most commercial customers served by the City pay up to 36% higher rates compared to SECO Energy. The “Electric Feasibility Study” released on October 7th is significantly flawed and its recommendations are inaccurate.
SECO’s electric system within Bushnell city limits will cost far more than the consultant estimates.
The study didn’t include stranded generation costs. The study underestimated transmission costs. The study underestimated line extensions distance/costs. The study underestimated the cost of debt service on revenue bonds.
This $20,000 study is only the beginning of costs to the City. Per the City’s consultant, a more extensive, accurate study (about $400,000) will need to be conducted to move forward.
The acquisition price will be set by an arbitrator in a costly legal process for the City and for SECO. The City doesn’t have the equipment, manpower or experience to maintain a large electric system. If the City defaults on a multi-million dollar debt, Bushnell citizens pay for the mistake with higher taxes and higher rates.
Say Yes to remaining a SECO Energy member. Tell the City Council to vote “No” to this very risky acquisition attempt!
Come to the City Council Meeting on Monday, November 2nd at 6:00 p.m. Bushnell City Hall 117 E. Joe P. Strickland Avenue
Tell City leaders that you say YES to SECO Energy. Arrive early for a free t-shirt.
“Highest in Customer Satisfaction among Midsize Utilities in the South” For J.D. Power award information, visit jdpower.com