SVEC Awards Scholarships
By Tami Stevenson
Suwannee Valley Electric Cooperative (SVEC) announced local scholarships awarded in its July newsletter. CORRECTION: The scholarship program was establish by SVEC's Board of Trustees in 2015. Scholarships are paid out of their member/community relations budget. Congratulations to these scholarship students. READ MORE BELOW
Operation Round Up, where members’ bills are rounded up each month, gives support to local schools (separate from the scholarships above).The average monthly donation by SVEC members is just 50 cents. So far this year, members have contributed $53,058 to give local schools the support they need, according to the newsletter.
Year-to-date they have approved 78 grants worth $47,119. Throughout the life of the program they have collected $262,697 and approved 481 grants, worth $243,477.
“SVEC has always been dedicated to supporting our local students, and one of the best ways we can do that is by offering scholarships to help them reach their educational goals,” said Michael S. McWaters, SVEC Executive V.P. and CEO in the July newsletter.
McWaters added, “Nine percent of the power we deliver to our consumer-members is produced using renewable resources like solar, hydro, and landfill gas. And as our wholesale power supplier, Seminole Electric Cooperative adds solar resources. That percentage will grow to 13% by 2024.
SVEC is working to make this amazing community an even better place to live for all of us. I hope each of you has the chance to get outdoors this month and enjoy everything the Suwannee Valley has to offer. We’ll be here to power you along every step of the way.”
To read the newsletter and find out more about what SVEC is doing in the community, visit their website at https://svec-coop.com/enews.