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: My job
By Gwen Kautz, General Manager gkautz at dawsonpower.com 308-324-2386 “You’re the boss, I don’t understand why you can’t make this decision? Just what is your job?” The questions caught me off guard as I had been working with an unhappy customer who felt his concerns...
Harvest safety tips
Farming is one of the most dangerous professions in the country, according to the Bureau of Labor Statistics. Machinery and vehicles help on the job, but also contribute to many farming accidents. Electricity is essential to the operation of a farm but, like so many...
Between the lines: The anatomy of a rate
By Gwen Kautz, General Manager gkautz at dawsonpower.com 308-324-2386 We have approximately 24 rate classes at Dawson Public Power District serving just over 23,400 meters. The primary difference in each rate is the size of transformer needed to deliver power to the...