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: Sara Bennett, Gibbon
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 DawsonPower.com under the payments tab. When...
What’s on that pole?
This illustration shows the basic equipment found on electric utility poles. The equipment varies according to the location and the service they provide. October 2019
Between the lines: Our loss is your gain
By Gwen Kautz, General Manager gkautz at dawsonpower.com 308-324-2386 The unusually wet years of 2018 and 2019 have impacted many customers and public power districts. Some of our farmers and ranchers experienced unusual issues of their own due to the rains. If there...