![Dawson PPD bond debt 2013-2022 Dawson PPD bond debt 2013-2022](https://dawsonpower.com/wp-content/uploads/2023/02/Dawson-PPD-debt.png)
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
Between the lines: The Culture of a Successful Business
By Gwen Kautz, General Manager gkautz at dawsonpower.com 308-324-2386 As power districts go, Dawson PPD is one of the larger ones geographically in Nebraska. We were formed in 1937 and have had various transformations along the way. While we understand we don’t face...
Seeing stars
Twinkle, twinkle little star, how I wonder what you are? These little beauties are called Star-Locks. Their purpose? To keep the top of a wooden pole from splitting. Splits in poles do not necessarily reduce the overall strength of poles, but can create problems with...
Between the lines: Reflection
By Gwen Kautz, General Manager gkautz at dawsonpower.com 308-324-2386 As I look back over the year, and like most years before that, it sure seemed to go by quickly. I believe that’s how older people often view time…whizzing by. Ask a youngster and they will tell you...