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: Your data is safe with us
By Gwen Kautz, General Manager gkautz at dawsonpower.com 308-324-2386 Data drives every business. Here at Dawson PPD, we use data for many things. We use data for system planning and to develop our construction plan. News about Facebook’s data gathering...
Are you on the correct rate?
General Service Rate (code 11) or Small Power Rate (code 4): For homes heated by natural gas furnaces or propane heaters that do not use heat pumps. General Service - Electric Heat Rate or Small Power - Electric Heat (code 12 or 14): For homes that use 10 kilowatts or...
Do you use life sustaining medical equipment at home? Please notify us!
Dawson PPD can designate accounts of customers that have life sustaining medical equipment in use, such as an oxygen concentrator or infant monitoring for a premature baby. This information is used for notification of planned power outages for maintenance or line...