SVEC to Waive Transfer Fee in Preparation for 2018 Annual Meeting

Posted: April 1, 2018

SVEC has created a “grace” period prior to this year’s annual meeting to allow electric accounts to be transferred into the name of the person who pays the bill. The normal $25 transfer fee will be waived from April 2 through April 27. All other fees are still applicable.

Electric bills are often paid by a person such as a child or other relative whose name is not on the account. While this is generally not an issue, only a member – the owner of an account – can register at the co-op’s annual meeting or vote in trustee elections.

“One of the founding principles of a cooperative is democratic member control. By establishing this “grace” period, we are encouraging our members to participate in the upcoming annual meeting,” says SVEC’s CEO, Michael McWaters.

SVEC’s 81st annual meeting will be held at the Suwannee County Agricultural Coliseum on Saturday, April 28.  Registration begins at 8:30 a.m. and ends at 10:00 a.m. Each member who registers will receive a $10 credit to their account and have the chance to win one of over 100 door prizes. More prizes will be given away during Bingo from 9:00 to 9:45 a.m.