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
Lightning arrestors
Summer storms have the potential to wreak havoc on power lines and substations with lightning contact. By using a protective device called a lightning arrestor, that potential is minimized. A lightning arrestor provides a path to ground for over-voltages caused by...
Please move over for emergency and utility crews
If you see police, firefighters, utility crews or other emergency personnel on the side of the road, please slow down and move over when possible. Together, we can keep our crews safe. May 2018
Help us, help you: Please update your contact information
In order to best serve you, please make sure that Dawson PPD has the most up-to-date information related to your account. Some situations that may warrant an update include: Switching from land line to cell phone New cell phone number New email address New last name...