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
Dawson PPD raises residential rate Distribution Charge
March 18, 2019 Dawson Public Power District will increase its Distribution Charge by one dollar for all General Service Rate and A-SH General Service Electric Heat Rate customers. This change will be in effect with May statements. The General Service Rate’s monthly...
Power outage updates
This post was created to update the media and Dawson PPD's customers about power outages within Dawson PPD's territory March 13 - 15, 2019. Refresh your browser to see the most recent update. 3/15 at 11:00 a.m.: Dawson PPD's contracted after hours call center with...
Rate changes set for April 1
The Dawson PPD Board of Directors approved a $1 Distribution Charge increase for residential customers and stock wells at the February board meeting. The changes will go into effect beginning April 1. [su_table responsive="yes"] 2019 Distribution Charge Rates General...