Seco "charity"
SECO Energy is regulated by the Florida Public Services Commission (PSC), as a Public Utilities SECO inherently has more power over their customers than a regular Company and Florida Services Commission is supposed to keep SECO from abusing that power. SECO says they will contribute some of the funds they collect for their Pennies from Heaven Rounding Up Scheme, to assorted Charities but I would wager the lions share goes into SECO’s account to make up for business losses they suffer; from people who have not paid their Electric Bill. Legitimate Charities ask for Donations, they do not have the power to force contributions as SECO has assumed. SECO enrolls all their customers to contribute, and then offer a path to unenroll. I would bet 90% of their customers do not even relize they are contributing. Some of the worse frauds committed each year are related to Charities and Rounding Up schemes.
The Florida Public Services Commission should force SECO to return 100% of their ill-gotten funds to the Customers they took them from. Then and only then SECO might be permitted to ask their customers to contribute for their “Charity”, but they should have to give detailed accounting of where every penny the “Charity” takes in. If 90% of “Charity” Contributions are earmarked to go to SECO, they must inform their Customers.
SECO has abused the Public Utility position they enjoy. The Florida Public Services Commission has the power to fine SECO for their transgressions. A through investigation needs to be conducted to see where these ill-gotten funds went, and SECO should be forced to make restitution to all their customers. A good place to start the questioning is: Do any Politicians or regulators benefit from SECO’s “Charity”?
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