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SVEC Achieves First Automated Power Restoration
Suwannee Valley Electric Cooperative has achieved its first successful automated restoration of power following the installation and implementation of an Advanced Distribution Management System (ADMS).
SVEC Awards $1,000 Scholarships To 10 High School Seniors
Consistent with one of its guiding cooperative principles — concern for community — SVEC supports the schools, teachers and students in the Suwannee Valley.
SVEC Achieves Its First Automated Restoration of Power
SVEC has achieved its first successful automated restoration of power following the installation and implementation of an Advanced Distribution Management System (ADMS). An ADMS enables a utility to automate the fault location, isolation and power restoration process. The provider of the system, Advanced Control Systems (ACS), believes that SVEC is among a select group of...
SVEC Continues Outstanding Support To United Way
SVEC proudly continues its tradition of outreach to its community, including its outstanding support of United Way through multiple fundraising avenues.
SVEC Announces Return Of Capital Credits To Members
SVEC announced today that its board of trustees has elected to retire approximately $775,000 in capital credits to be returned to members this year. This retirement brings the total amount of capital credits retired over the life of the cooperative to about $13.5 million.
CEO’s Message – May 2018
Real transparency can be a difficult thing to find, whether in a business or in a person. We’re often so concerned with projecting the right image that what is true takes a back seat.
SVEC Hosts 81st Annual Meeting
SVEC members gathered for the cooperative’s 81st annual meeting on Saturday, April 28, at the Suwannee County Agricultural Coliseum in Live Oak. The meeting gave members the opportunity to enjoy doughnuts and coffee with neighbors, friends and family, as well as participate in bingo and a door prize drawing. All together, SVEC gave away nearly...
Capital Credits to Be Retired
SVEC is a not-for-profit business that operates at cost. Revenues above the cost of doing business, known as margins, are allocated to our member-owners annually in the form of capital credits.
Safety Above All Else
Safety is a concern that touches every part of our lives. Families looking for a place to settle down want to live in safe communities, while companies across all industries want to provide a safe working environment for their employees. Even when we sit down to watch a sporting event, we hear conversations on how...
Inaugural Charity Cornhole Tournament a Success
As part of its commitment to community, SVEC is an enthusiastic supporter of the United Way of Suwannee Valley. In 2017, SVEC employees raised over $11,000 for the United Way.