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
Board members hold office positions in 2019
The Dawson PPD Board of Directors voted to reinstate its current officers. Your officers are: President - Paul Neil Vice President - A.C. "Pat" Hecox Treasurer - Dan Muhlbach February 2019
Pay-as-you-go power
Prepaid metering offers new way to pay Are you looking for complete control over your electricity budget and energy consumption? Introducing Dawson PPD’s latest bill payment program: Prepaid metering. Prepaid metering is a pay-as-you-go electric service. You pay in...
2019 Rebates
Now's the time to start thinking about upgrading. Some of our most popular rebate programs currently offer higher incentives than before, and we've included a new incentive program. Smart Thermostat Program New for 2019! Most Nebraska homes use around half of...