[golfing eagles]

Originally Posted by Jerseybob

They are not regulated.

DIRECT FROM THE SECO WEBSITE:

About Us – SECO Energy

"One of the most important distinctions between other types of utilities and SECO is that we are member owned."

"Our members have a voice in the co-op’s decision-making process. They elect a nine-member Board of Trustees, who meet monthly to monitor the financial status of the Cooperative and make policy decisions in the best interest of the membership."

"MISSION
As a not-for-profit cooperative, SECO Energy provides reliable and innovative energy services to our members and communities".

THE FOLLOWING IS AN EXCERPT FROM THE VILLAGES - NEWS 6/15/2024
TO READ THE ENTIRE ARTICLE, HERE IS THE LINK :

SECO board holds emergency meeting after pole rental uproar in The Villages - **************.com

SECO held a closed-door meeting Tuesday with elected supervisors from The Villages at the cooperative’s headquarters in Sumterville to discuss the huge increases.

****** ""As a result of pressure from officials in The Villages, SECO trustees met on Thursday and announced they had agreed to “a two-year phased approach to incorporate the pole rental rate increase.”
This means 50 percent of the increase will take place Oct. 1 and the second half of the increase on Oct. 1, 2025."

Thanks. I didn't realize Co-ops have different rules.