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SUWANNEE VALLEY ELECTRIC COOPERATIVE, INC.

POST OFFICE BOX 160, LIVE OAK, FL 32064

Tel  (386) 362-2226 or (800) 447-4509 (FL) – FAX   (386) 364-5008

 

MISSION STATEMENT

Suwannee Valley Electric Cooperative, Inc. is a member owned organization providing competitive rates and reliable service, while enhancing the quality of life of our neighbors in the Suwannee River Valley.

 

 

 

MEMBER INFORMATION


Suwannee Valley Electric Cooperative, Inc. welcomes the opportunity to provide you, the member-consumer, with electric service. SVEC is a not for profit, rural electric cooperative owned by its member-consumers. We would like to provide you with answers to questions you may have about SVEC.

GENERAL INFORMATION

SVEC provides electricity to residential, farm, and commercial consumers in Suwannee, Lafayette, Hamilton, and Columbia counties.  SVEC serves over 26,000 electric meters and maintains approximately 4,051 miles of energized lines - enough to reach from Miami, Florida to San Francisco, California.  Each SVEC member-consumer with at least one electric service is a voting member in the business affairs of the Cooperative, subject to the provisions of the Bylaws. The member-consumers of SVEC meet annually to transact business and to elect Trustees whose term of office has expired. Nine Trustees serve for three year terms. The Board of Trustees establishes operating policies and exercises all powers of the Cooperative except those powers reserved to the member-consumers, or delegated to the Executive VP & General Manager.

        SVEC has five divisions which report to the Executive VP & CEO
            

  • Member Services – Billing, Collections, Capital Credits, Service Orders, Energy Tips    

  • Accounting & Administrative Services – Accounting, Payroll, Human Resources, Benefits           

  • Engineering - New Service & Service Upgrades

  • Operations - Line Construction and Maintenance

  • Proceurement & Information Technology - Purchasing, Metering, Meter Reading, I.T.

 

Our office hours are 8 am to 4:30 pm, Monday - Friday. Phone and Drive Through hours are 8 am to 5 pm. The phone number for members living in Suwannee & Lafayette Counties is (386) 362-2226. For members in Hamilton & Columbia Counties, the toll free number is (800) 447-4509. The fax number is (386) 362-1456 or (386) 364-5008.

 

 

 

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MEMBERSHIP

An applicant for new electric service completes a Residential Application or Commercial Application , meets the General Requirements for Service and pays a $5.00 membership fee when the first service connection is requested. The $5.00 membership fee is refundable upon termination of service with SVEC. For natural persons, membership may be in an individual name or joint with a spouse, joint property owner, or co-resident.

SERVICE CHARGES

$25.00 Connect Charge - a non-refundable charge which is paid for each service connection requested.
$50.00 After Hours Charge - a non-refundable charge which is in addition to the $25.00 connect charge for regular service connections requested after normal business hours.
$25.00 Meter Test Charge - a non-refundable charge when a member requests a meter test.


Returned Check Charge - If a check is returned by your bank, a service charge will be added to your account. If two checks are returned by your bank within a twelve (12) month period, your account becomes a "cash only" account for payments you make for the next twelve (12) months.

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SECURITY DEPOSITS

Security deposits are required on all meters.*  Your security deposit is based upon the type of service you request:

 

            Residential Service* -  For each meter connected, a security deposit of $250.00 if you own the property or $500.00 if you rent the property is required.  Proof of ownership is required.

 

             

           

General Service - Small & Large Commercial* - For each meter connected, a security deposit of $300.00 or 2 ˝ times the projected one month bill at the billing location, whichever is greater, is required. The amount of security deposit may be adjusted after three (3) months of usage if there is any substantial variance in the estimate from actual usage.

 

*For all types of service, a deposit will not be required if the applicant has been a consumer of any electric utility, and the new service is of the same type service as that with the previous supplier, and their payment and credit history shows a satisfactory record for the most recent twelve (12) months.  During the most recent twelve (12) months, the applicant has been delinquent in payment not more than one time of any obligation to the electric utility, has not appeared on any cutoff list of the electric utility, has not had any check payable to the electric utility dishonored, has not been responsible for any meter tampering nor current diversion, and has not otherwise violated any rules or policies of the electric utility.

 

            Outdoor Lighting - For members with an existing service, deposit for an outdoor light is waived. 

 

The security deposit is not considered advance payment of your electric bill, and will be applied to unpaid bills only after service is disconnected.  Payment history is reviewed from time to time and your security deposit may be increased as stated in the Cooperative’s security deposit policy.

     

      Interest on your deposit is paid by credit to your electric bill twice a year. The rate shall be competitive with current market rates in effect at that time. The rate is established by the Board of Trustees.

 

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YOUR ELECTRIC BILL          

Your account is assigned a cycle which is determined by the geographic location of your meter. The SVEC service area is divided into approximately 9 cycles. Your meter reading date and billing date are scheduled based upon your geographic area and assigned cycle. Your meter is read monthly, around the same time each month, and within a few days a bill is produced and mailed to you. Your bill is due and payable upon receipt; however, a 20 day grace period is extended to allow you time to mail or deliver your payment to our office. The 20 day grace period applies only to the current portion of your bill.  A penalty will be added to your bill if we do not receive payment by the due date. The penalty is calculated at 5 % or $5 dollar minimum whichever is greater on the unpaid past due balance. A return envelope is enclosed with the bill, for your convenience in returning your payment by mail.  A night depository is available at our office to pay your bill by check or money order after hours.

 

For information on paying your bill automatically by bank draft please click here or you may  contact our Member Services Department.  Payments to your account may be in the form of cash, check or money orders payable to SVEC. (no two party checks.)  You can pay your bill also at  First Federal Bank in Jasper, Mayo, Dowling Park, and Lake City.  After twelve months of billing history, Budget Billing is available to help you budget your monthly expenses. 


Click here to view payment options

 

 

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COLLECTION INFORMATION

A reminder notice will be mailed to you if your payment is not received by our office on or before the due date. If you receive a reminder notice, you should contact our office immediately; otherwise, your service could be subject to disconnection.  If you do not contact  our office, and payment is not received by 8 am on the scheduled collection date, the service will be disconnected and you will have to contact  our office to make arrangements to have your service reconnected. If we agree to reconnect your service, the past due balance must be paid in full and all service charges must be paid:

* $35.00 Trip Charge when our serviceman is sent to your location to disconnect the meter for a past-due bill.

* $35.00 Reconnect Charge when service is reconnected during normal business hours as a result of disconnection for non-payment.

* $60.00 After Hours Charge in addition to the $35.00 reconnect charge for reconnection for non-payment after regular business hours.
 

 

You         You may be required to pay an increased deposit, depending upon your payment history, and your monthly average bills:

 

      * The first time service is disconnected, the security deposit for residential and agricultural services will be increased to $300.00.

      *  The second or subsequent time residential or agricultural service is disconnected for non-payment, or anytime that small or large commercial service is disconnected for non-payment, the deposit will be reviewed and will be increased as needed to equal $300.00 or 2 ˝ times the average bill of the past twelve (12) months of billing history at the service location, whichever is greater.

 

            Increased security deposits will be reduced after twelve (12) consecutive months of on-time payments, and only upon the written request of the member-consumer.  The security deposit will be reduced to the minimum security deposit currently in effect for their rate type.

 

 

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MISCELLANEOUS INFORMATION

YOUR METER - If you need to access your meter base for electrical repairs, you must contact  our Service Department first. If you accidentally cut the seal on your meter, promptly notify our Service Department. The seal protects untrained persons and small children from serious injury or death.



OUTDOOR LIGHTS - Several sizes and types of outdoor, maintenance free outdoor lights are available for a small monthly charge. Call the office for more details or click here.

 

 

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FAX SERVICE - If you need to send or receive a document by FAX, the Cooperative's fax machine is available for use by our members during regular office hours. The charge for this service is based upon the minutes in use. Fax Charges - $1.00 per minute to transmit, $ .50 per minute to receive. Limit 6 pages.

 


POWER OUTAGES
During normal business hours, please dial our 24 hour dispatcher at 386-364-5200. Residents in Columbia and Hamilton Counties may call toll-free, (800) 752-0025. During storms and busy periods, you will reach the Cooperative's automated outage response system.

This system is easy to use. The instructions will enable you to expediently report your service outage. The system works best if we have the telephone number where your service is located. The system matches the telephone number you key with the information for your account and automatically generates a trouble ticket for the dispatcher. If your telephone number is not on file with us, the system defaults to a recording and requests you to leave your name, number, and a brief description of your trouble. These calls are retrieved manually by the dispatcher.

 

Outdoor Lighting Out?     

If your outdoor light is out or malfunctioning, please call us so that the light can be repaired.  When reporting a problem, SVEC would like the following information so that we can make the repair and contact you if there should be any questions:

  1. Contact information to include your name, address and   telephone number. Members are asked to provide their account number if possible.

  2. Specific street address of where the outdoor light is located. 

  3. A description of where the outdoor light is located on the property. 

  4. A description of the type problem with the outdoor light. 

Following these procedures will help ensure the proper response for your request.  We certainly appreciate your help in this matter.

To report an inoperative or malfunctioning outdoor light, please call (386)362-2226 or 1-800-447-4509 for Hamilton & Columbia service areas.

 

 

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CAPITAL CREDITS

One of the benefits of being a member of an electric cooperative is that you earn capital credits. For each active service you have on our line, the revenue portion you were billed (patronage) for the year is recorded in a capital credit account in your name. At the close of each business year, when the Cooperative shows a net profit, a percentage of your billed revenue for the year is posted to your account as margins.


PAYMENT OF CAPITAL CREDITS

Each year that a capital credit refund is authorized by the Cooperative's Board of Trustees, a percentage of your prior years' margins is refunded to you. With SVEC's current Capital Credit Policy, you will not be eligible for a refund until you have been an active member for at least five years, and, you may not receive a Capital Credit Refund the first year you become eligible. If the amount of the calculated refund is less than five dollars ($5.00), it will be held in your account and added to your next annual refund. Active members will receive their refund in the form of a credit on their bill. Former members will receive a check. If you move out of our service area, please keep us notified of your current address to ensure you receive any annual refund checks we mail to you.  Upon the death of a member, or one of the joint members if the account is a joint membership, the unpaid capital credit balance may be transferred to the co-owner, or in the case of an individual member, to the heirs. Contact  our office for more information on this benefit.



UNCLAIMED CAPITAL CREDITS
YEARS 2004-2007

 

 

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CURRENT RATE INFORMATION- Effective November 1, 2007

RESIDENTIAL SERVICE - Rate 1 -
Customer Facilities Charge $9.75 month
Energy Charge 9.920 cents per Kwh
Plus or minus Wholesale Power Adjustment*(WPCA)
$1.00 per KVA over 10

Minimum bill - $20.00


GENERAL SERVICE (Demand under 50 Kw) - Rate 5 -
Customer Facilities Charge $12.00 month
Energy Charge 10.40 cents per Kwh
Plus or minus Wholesale Power Adjustment*(WPCA)
$1.00 per KVA over 10 KVA

Minimum bill - $20.00


GENERAL SERVICE (Demand 50 Kw or more) - Rate 7 -
Customer Facilities Charge $41.05 month
Demand Charge $ 6.16 per KW
Energy Charge 7.800 cents per Kwh
Plus or minus Wholesale Power Adjustment*(WPCA)

 

GENERAL SERVICE (Optional Time of Use)
Customer Facilities Charge $12.00 month
On Peak Energy Charge 12.5 cents per Kwh
Off Peak Energy Charge 8.0 cents per Kwh
Plus or minus Wholesale Power Adjustment*(WPCA)
$1.00 per KVA over 10 KVA
Minimum bill - $20.00
(Offered as an optional General Service Rate for establishments with less than 100 kW monthly demand

and requires this service to be received for a minimum of 12 months)

 


GENERAL SERVICE (Large Demand 500 KW or more – GSLD) – Rate 9 –
Customer Facilities Charge $41.05 month
Demand Charge $8.40 per KW
Energy Charge 3.500 cents per Kwh
Plus or minus Wholesale Power Adjustment*(WPCA-1)

The highest demand measured in a 15 minute period during the billing month

Demand Minimum- $4,200.00
 



GENERAL SERVICE (Large Demand Time of Use)– Rate LDLM–
Consumer Charge $410.00 month
Consumer Peak Demand Charge $2.00 per KW (12 mths)
On Peak Demand Charge $8.40 per KW (8 mths Jun-Sep & Dec-Mar)
Energy Charge 2.903 cents per Kwh
Plus or minus Wholesale Power Adjustment*(WPCA-1)

Minimum bill – See Rate Schedule for details.

Consumer Peak Demand – The maximum kilowatt load used by consumer for any period of 15 consecutive minutes as indicated or recorded by Coop’s demand meter during the billing period.
On Peak Demand - The maximum kilowatt load used by consumer for any 60 consecutive minutes during On-Peak Period as defined in rate schedule.

 

 

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***OUTDOOR  LIGHTING - Rate 8_-
175 Watt Lamp, Mercury Vapor** - $ 8.70 month
100 Watt Lamp, High Pressure Sodium - $ 8.70 month
250 Watt Lamp, Mercury Vapor** - $ 11.00 month
250 Watt Lamp, High Pressure Sodium - $11.00 month
400 Watt Lamp, Mercury Vapor** - $14.00 month

Each additional Pole and Span**- $ 2.00 month

 

***Note: The above information regarding rates applies to existing outdoor lighting services.  All requests for new installations of Outdoor Lighting must be handled through our engineering department.  Please contact our engineering department if you need information regarding a new installation. 


General Requirements

**Mercury Vapor lights are no longer available for new installations.
All Rates, Plus Gross Receipts Tax & Other Taxes, as applicable.


*Wholesale Power Adjustment (WPCA) – All energy charges shall be increased or decreased by 1/10th mill ($.0001) per kilowatt hour for each 1/10 mill or major fraction thereof, by which the average wholesale power cost per kilowatt hour sold for the preceding th exceeds or is less than 73.0 mills ($.0730).

*Wholesale Power Adjustment (WPCA -1) – All energy charges shall be increased or decreased by 1/10th mill ($.0001) per kilowatt hour for each 1/10 mill or major fraction thereof, by which the average wholesale power cost per kilowatt hour sold for the preceding month exceeds or is less than 40.73 mills ($.04073) for calendar months of Jan – Mar, Jun – Sep, and Dec, and 28.39 mils ($.02839) for calendar months of Apr, May, Oct, and Nov.


Interest on Deposits - Effective July 1, 1997, the current rate of interest paid on all security deposits is 2%, paid bi-annually by credit on your electric bill.

 

       Suwannee Valley Electric Cooperative, Inc.

11340 100th Street Live Oak Florida  32060

Tel. 386-362-2226  Fax 386-364-5008

| Last Updated 11/19/2008

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