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
Tree Trimming: Who’s Responsible?
Trees beautify our yards, provide us with shade, and naturally attract climbing children. However, when trees grow to interfere with power lines, they become safety hazards, and are among the most common causes for utility outages. Dawson PPD employs two, full-time...
Between the lines: Got solar? Got power! Not so fast…
Guest column by Cole Brodine, Manager of Engineering So, you just installed a solar renewable generation system. Now, you’ll have power all the time with no interruptions, right? Not so fast! It all depends on a device called an inverter. The typical renewable...
New calling system reports outages faster
A new telephone system will make reporting power outages after regular business hours faster. Known as Interactive Voice Response, or IVR, the automated system will take the customer’s telephone or meter number via keypad to quickly report power outages after business...