Vol73-8 August 2023
Member newsletter for Southern Maryland Electric Cooperative
SMECO awards college scholarships to high school seniors
SMECO has awarded four $2500 scholarships for 2023 to high school seniors who live in the cooperative’s service area. Recipients receive awards based on scholastic achievement, financial need, and school and community involvement. This year’s recipients are Zoe McCall, Lauren McNair, Ivy Phillips, and William Spruill.
SMECO issues capital credits to members
SMECO is refunding members’ capital credits totaling nearly $5.6 million. Of that total, a general refund of approximately $3 million was issued in July. Eligible active members are receiving credits on their bills, and checks are being issued to eligible former members. Special refunds of about $2.6 million will be paid throughout the year to include estates of deceased members.
Youth Tour visits D.C.
In June, four student delegates from SMECO’s service area traveled to the nation’s capital for a week of education, entertainment, and engagement with other teens from across the U.S. for the 2023 Electric Cooperative Youth Tour.
Engage, Empower, and Equip employees
Reliable electricity and superior customer service are top priorities for SMECO, and we know that achieving those goals is not possible without skilled and engaged employees. The Engage, Empower, and Equip Employees pillar was included in SMECO’s 2023–2027 Strategic Plan to ensure your cooperative is actively recruiting, developing, and retaining our vital workforce while continuing to build a safe and inclusive workplace culture.
Standard Offer Service rate update
Total residential Standard Offer Service (SOS) rate for July: $0.086093 per
kilowatt-hour (kWh).
- Summer Residential Energy Charge: $0.0949 per kWh
- July Residential Power Cost Adjustment (PCA): ($0.008807) per kWh
Community Calendar
Find out about upcoming events in Southern Maryland.
