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
Dawson PPD announces scholarship winners
(April 16, 2018) Lexington, Neb. – Dawson Public Power District has awarded a total of $3,000 in scholarships to two high school seniors. Zachary Beckenhauer of Cozad was awarded the Dawson PPD Utility Line Scholarship. Evan Palmer of Kearney was selected to receive...
April 9 is National Lineman Appreciation Day
The Dawson Public Power District Board of Directors would like to extend its most sincere appreciation and admiration to the Dawson PPD linemen who work diligently to provide safe, reliable and affordable electrical power to its customers. As set by the...
Board members hold office positions
The Dawson PPD Board of Directors voted to reinstate its current officers. Your officers are: President - Paul Neil Vice President - A.C. "Pat" Hecox Treasurer - Dan Muhlbach April 2018