Those who receive electricity from SEC are member-owners of the Cooperative. That is a special designation and affords them certain opportunities, including running for and electing the Board of Directors at the late-September annual meeting. SEC’s board is composed solely of member-owners.
One of the unique advantages of being a SEC member is capital credits. Unlike other businesses that return excess revenue to shareholders, at SEC, revenue left after expenses are paid, called margins, is returned to the members at the end of each year.