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
SmartHub Saves: Neal and Joyce Boyd, Johnson Lake
This series focuses on Dawson PPD customers who use SmartHub to manage their electrical use. SmartHub is a free web and mobile app available to all Dawson PPD customers. To sign up, call Dawson PPD at 308-324-2386 or visit the payments tab. How did you learn about...
Increase in EnergyWise rebates will continue in 2020
Three of the most popular residential EnergyWise programs will continue to have higher incentives into 2020. "In response to the devastating flooding this year, Nebraska Public Power District and its wholesale providers, including Dawson PPD, increased the incentive...
Public power rocks!
October is Public Power Month. Here's some facts about public power: Local people serving local people from the board to the lineworkers and front desk Involved in the communities they service with economic development assistance Reliable mix of energy...