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
Making cents of our financials
By Shannon Peard, Manager of Finance and Administration If you’re like us, you like to know where your dollars and cents are going. We’ll take a look back at 2018 and see where our money came from and what it was used for. Dawson PPD is committed to using your dollars...
Do you use life sustaining medical equipment? Let Dawson PPD know!
Dawson PPD can designate accounts of customers that have life sustaining medical equipment in use, such as an oxygen concentrator or infant monitoring for a premature baby. This information is used for notification of planned power outages for maintenance or line...
Charged up about electric vehicles
By Gwen Kautz, General Manager gkautz at dawsonpower.com 308-324-2386 When it’s time to purchase your next vehicle, is an electric vehicle right for you? EVs are not for every lifestyle, but don’t be too quick to rule them out. Take the quiz here. Based on some simple...