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
Over $3.8 million in planned system improvements scheduled for 2019
Over $3.8 million in system improvements are scheduled for construction in 2019. Compared to the past eight years, this budget is lower than the average budget of $8.2 million. Please see the General Manager's column for details. As a not-for-profit utility, Dawson...
Between the lines: A crystal ball
By Gwen Kautz, General Manager gkautz at dawsonpower.com 308-324-2386 If you can predict the future, we’d like to hire you. I suppose if you could do that, you could work for anyone, anywhere and make a fortune. So, for now, Dawson PPD will have to settle on the same...
Customer surveys to begin in February
Dawson PPD will be conducting a customer survey in February. The surveys will be fulfilled by phone or email. NRECA Market Research Services has been contracted to do the survey on behalf of the District. February 2019