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
Between the lines: Our kids = our future
By Gwen Kautz, General Manager gkautz at dawsonpower.com 308-324-2386 I think my grandma once (maybe a few dozen times) called me a whipper-snapper. To me, that meant “young and crazy.” I’m starting to face my own version of whipper-snappers. What I thought was...
Electricity remains a good value
The cost of powering your home rises slowly when compared to other common expenses. Looking at price increases over the last five years, it’s easy to see electricity remains a good value! Sources: U.S. Bureau of Labor StatisticsConsumer Price Index August 2019
Stay back and stay safe
Working with electricity can be a dangerous job, especially for lineworkers. In fact, USA Today lists line repairers and installers among the most dangerous jobs in the U.S. That’s why for Dawson PPD, safety is the number one priority. This is not empty talk. Over...