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
Mid-Nebraska Makerspace Labs link students to new technologies and future employers
July 11, 2019 - In collaboration with Orthman Manufacturing, Education Service Unit #10, Central Community College, and many other sponsors, Dawson Public Power District is bringing three mobile STEM trailers to ESU#10’s service territory, including Buffalo and Dawson...
Beefin’ up our heroes
Local program supports troops with beef snacks Independence Day is a good time for us to press pause on our busy lives and thank those who bravely fought, and still protect, the freedoms we all enjoy. One local business has found a unique, tasty way to give thanks –...
Between the lines: Weathering the storms
By Gwen Kautz, General Manager gkautz at dawsonpower.com 308-324-2386 Another cloudy day with forecasted rain. Normally we appreciate the rain, but this year the rain has wore out her welcome. Locally, I’ve seen numerous road closings as well as pick ups and tractors...