Dawson PPD uses bonds to finance big construction projects. These bonds were issued at favorable rates. They will be paid back over several years, by the ratepayers who benefit from the construction projects. These projects have improved the reliability, capacity and efficiency of Dawson PPD’s electric grid.
Dawson PPD is current on its loans and bond payments. The district has an “A” bond rating, which provides access to good interest rates. Equity as a percent of assets is at 68.37 percent; another good indicator of financial well-being.
In the proposed merger, Dawson PPD and the Central Nebraska Public Power and Irrigation District have different business models. Dawson PPD borrows money for improvements. Central saves money before starting improvements. Platte River Public Power and Irrigation District will keep the financials of the businesses separate – meaning that each division of the business is individually accountable.
OTHER NEWS
Merry and bright
Don’t add stress to your holiday season. Knowing how to properly use and hang lights could prevent injury or fire.
Between the lines: Christmas past and present
General Manager Gwen Kautz reflects on Christmas traditions, shopping habits, and how technology is changing relationships with family/loved ones.
Christmas in Rural Central Nebraska
A list of 2023 community Christmas events within Dawson PPD’s service territory