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: Local to local support
By Gwen Kautz, General Manager gkautz at dawsonpower.com 308-324-2386 Dawson PPD supports our communities economically; doing all we can to buy locally. In the scope of things, our local economy depends on everyone. Statistically speaking, about 68 cents of...
Public Powered
Electric vehicles are changing how we think about getting from point A to B. An eco-friendly vehicle with low emissions and less maintenance does exist. If you haven’t looked at an electric vehicle lately, it may be time to do a double-take. EVs boast a variety of...
North Platte native Mitchell Walters participates in Washington, D.C. Youth Tour
(June 19, 2018) Lexington, Neb. – 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 Nebraska chosen by their local...