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Suwannee Valley Electric
11340 100th Street, Live Oak, Florida, United States

Memberships : NA
Industry : Electric Power
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Basic Member
Since Jan, 2017
About Company

Suwannee Valley Electric Cooperative (SVEC) is a not-for-profit cooperative that provides safe, affordable and reliable electric service to more than 18,000 member-owners in the Florida counties of Columbia, Hamilton, Lafayette and Suwannee.

From its headquarters in Live Oak, Florida, SVEC maintains over 4,300 miles of electric distribution lines—enough to reach beyond Alaska—and serves an area of about 2,000 square miles. SVEC’s wholesale power provider is Seminole Electric, one of the largest generation and transmission cooperatives in the nation.

SVEC was created as a result of the Rural Electrification Act signed by President Franklin Roosevelt in 1936. SVEC was incorporated in December 1937 and energized its first electric line serving 69 members in 1940.

The Cooperative Story

Cooperatives are owned by their members—the people who receive services from them—and are found in many industries. SVEC is one of more than 900 electric co-ops serving over 42 million Americans.

1. Voluntary and open membership

A cooperative is a voluntary organization, open to all people who are able to use its services and willing to accept the responsibilities of membership.

2. Democratic member control

A cooperative is a democratic organization controlled by its members who are given opportunities to actively participate in setting policies and making decisions..

3. Member economic participation

Members contribute to the capital of their cooperative. This capital is used to operate the cooperative, and it benefits the member in proportion to the amount of business they do with the cooperative.

4. Autonomy and independence

No matter what agreements cooperatives may enter with other organizations, its members maintain control and the cooperative remains independent.

5. Financial education, training, and information

Cooperatives provide education and training for members, elected representatives, managers and employees so they can contribute effectively to the development of their cooperative.

6. Cooperation among cooperatives

Cooperatives serve their members most effectively and strengthen the cooperative movement by working together through local, regional, national and international organizations.

7. Concern for the community

While focusing on member needs, cooperatives work for the sustainable development of communities through policies and programs accepted by the members.

Core Values

Suwannee Valley Electric Cooperative’s Board of Trustees and employees are committed to operating Suwannee Valley Electric with five core values as its mission.

Safety – SVEC will provide a safe working environment for all of its employees.

Member Experience – SVEC will exceed the expectations of our members by continually working to make it easier for our members to do business with their cooperative.

Outreach to Community – SVEC will strive to educate and inform members of the direction and activities of the cooperative.

Reliability – SVEC will provide its members with reliable electric service.

Economic Viability – SVEC will maintain its financial strength by controlling cost, adopting technologies that increase efficiency and operate under a Board-approved Financial Management Plan.

Company NameSuwannee Valley Electric
Business CategoryElectric Power
Address11340 100th Street
Live Oak
Florida
United States
ZIP: 32060
PresidentHugh Hunter
Year Established1937
EmployeesNA
MembershipsNA
Hours of OperationMonday-Friday :8:00 am–4:30 pm
Company Services
  • Energy Efficiency
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