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
New incentives available for electric vehicles
New incentive programs have been introduced to help consumers adopt electric vehicles. Through a grant from the Nebraska Environmental Trust, Nebraska Public Power District and Dawson Public Power have announced three programs to help reduce the upfront cost of...
5 outdoor electrical hazards
1. Power Lines Always look up and out for power lines. Keep you and your equipment at least 10 feet away from power lines. 2. Outdoor Outlets These should be powered by a ground fault circuit interrupter (GFCI), whihc turns itself off it is senses a current leak or a...
Putting our story together
Putting our story together Tuesday, June 25, 2019 9:00 a.m. - 2:30 p.m. Dawson PPD Lexington Headquarters 75191 Rd 433, Lexington NE Join us for a fun, educational day as we learn about the pieces that make up Dawson PPD's puzzle. Hear from experts about the public...