Capital Credits are monies SECO pays back to its members
One of the great benefits of being a member/customer of a not-for-profit cooperative like SECO Energy is that you get to share in any excess margins the business might have at the end of each year. SECO shares these excess margins in the form of a credit (also known as a Capital Credits) on each member’s November bill.
The SECO Board of Trustees has determined that SECO members will receive over two million in capital credits on their November 2012 electric statements. Currently, SECO serves over 176,000 members in Lake, Marion, Sumter, Citrus, Pasco, Levy and Hernando counties.
Over the last 17 years SECO has given back over $25 million to its members.
As a not-for-profit utility, SECO Energy keeps the focus where it ought to be – on what’s good for you, the members, and your community. SECO is accountable to our members because we’re local. Our directors and employees live here. Our kids and grandkids go to the same schools. We have a stake in the local economy and the well-being of the community at large.
Page last updated: October 29, 2012