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
‘An amazing trip that I will always remember’
Walters returns from Dawson PPD-sponsored tour of Washington D.C. North Platte High School student Mitchell Walters was nominated to represent Dawson Public Power District on a recent trip to Washington, D.C. Walters was one of 19 high school-aged students from across...
RSVP today for the Dawson PPD Customer Tour
Tuesday, July 31, 2018 9:00 a.m. - 2:00 p.m. Hurry! Deadline to register is Tuesday, July 24! Call 308-324-2386 or 800-752-8305. Lace up your walking shoes and prepare for some good conversation as we learn more about Dawson PPD and how public power works for...
What to do: If your car crashes into a utility pole
What to do: If your car crashes into a utility pole Accidents happen. Would you know what to do if your car crashed into an electric utility pole? Knowing what to do could be the difference between life and death. Always consider power lines and other...