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
Building move will require power outages in Gothenburg and Brady areas
(October 18, 2018) -- Power outages are planned for rural Gothenburg and the Brady area on Wednesday, October 24 and Thursday, October 25. Power lines will need to be de-energized as a building is moved through the area. Dawson Public Power District crews will turn...
Saving energy is as easy as looking up
Pop quiz: What is over your head, protects you from the weather but could lose up to 30 percent of the heat in your home? If you answered an attic, you’re right! With the upcoming cooler temperatures outside, now’s the perfect time to inspect your attic for adequate...
Careers in public power
Rural electric public power districts, like Dawson PPD, and co-ops are community-focused organizations that deliver safe, reliable and affordable energy to its customers. These utilities are unique because we belong to the community we serve, giving us better insight...