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: Public Power Month
By Gwen Kautz, General Manager gkautz at dawsonpower.com 308-324-2386 The folks at Dawson Public Power District work hard to keep the lights on and get them back on quickly when there are problems. There is another side of the business though, where we work equally...
WATT’S UP? A kilowatt-hour defined
1 kWh = 1,000 watt-hours 1 kilowatt-hour (kWh) of energy is equal to 1,000 watt-hours and will power and 100-watt light bulb for 10 hours (100 watts x 10 hours = 1,000 watt-hours = 1 kWh). 1,000 kWh The average monthly kWh used by Nebraska homeowners. Total usage...
Just ‘kidding’ around: Goat yoga offers laughter in the pasture
By Chelsea Gengenbach, Communications Specialist Goat yoga. If these words are leaving you a bit perplexed, you’re in good company. I had the chance to observe the Great Plains Goat Yoga Gathering in rural Buffalo County, and the echoes of laughter in the pasture have...