![Dawson PPD bond debt 2013-2022 Dawson PPD bond debt 2013-2022](https://dawsonpower.com/wp-content/uploads/2023/02/Dawson-PPD-debt.png)
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
Use space heaters safely
Use these tips to stay safe and warm when using a space heater.
Board meeting highlights: Dawson PPD board votes for officers, looks at future projects
Dawson PPD’s board voted to retain the same officers for 2024. At the January 4 meeting, Dan Muhlbach of Kearney was voted President of the board. Craig Wietjes of Riverdale is the Vice President. The Treasurer is Page Peterson of Gothenburg. Legal Counsel Bronson...
Answering irrigation questions
If I improve the power factor on my irrigation system, when is that change reflected on my horsepower fixed charge bill? If you’ve made changes to your irrigation equipment to improve your power factor, please call Dawson PPD’s billing department at 308-324-2386. The...