Vol73-10 October 2023
Member newsletter for Southern Maryland Electric Cooperative
SMECO holds 85th annual meeting
SMECO held its 85th Annual Meeting on August 24, 2023, at the Mechanicsville Volunteer Fire Department Social Hall in Mechanicsville.
Local organizations benefit from SMECO donations
SMECO received a $10,000 contribution from CoBank to award to local organizations that SMECO has supported with matching funds. Each of the following will receive $2,500: Calvert County Meals on Wheels; Charles County Meals on Wheels; St. Mary’s County Home Delivered Meals Program; and the Clements Cuties Foundation.
Lead sustainably in our community
SMECO’s mission is to put members first by delivering safe, reliable, affordable, and sustainable electricity and related services that exceed expectations in Southern Maryland. The Lead Sustainably in Our Community pillar of our 2023–2027 Strategic Plan not only addresses your cooperative’s short-term goals in preserving natural resources while balancing our commitment to financial health, but also establishes a firm framework to continue long into the future.
Name a beneficiary for your capital credits
You may name a beneficiary to receive your capital credits from SMECO upon your death. When we receive your information, we will keep it on file. Upon your death, the beneficiary you have named on the form may claim the capital credits in your account. Having your beneficiary form on file with SMECO will simplify the process of claiming capital credits for your loved ones.
Standard Offer Service rate update
Total residential Standard Offer Service (SOS) rate for September: $0.084223 per kilowatt-hour (kWh).
- Summer Residential Energy Charge: $0.0949 per kWh
- September Residential Power Cost Adjustment (PCA): ($0.010677) per kWh
SMECO’s PCA for August is -11.40 percent of the current average annual base energy.
Community Calendar
Find out about upcoming events in Southern Maryland.
