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
Year-round savings
Stay comfortable all year long with a rebate from Dawson PPD. Known as the EnergyWiseSM Program, customers are rewarded with incentives for making energy efficient improvements within their homes. The program is offered in partnership with Dawson PPD’s wholesale...
SmartHub: More than an online payment portal
Dawson PPD’s online payment portal, SmartHub, is the Swiss Army Knife for customers and electric utilities alike. The data it displays can help troubleshoot high bill concerns and show energy savings in near real time. The “my usage” tool within SmartHub allows...
Between the lines: The man on the pole
By Gwen Kautz, General Manager gkautz at dawsonpower.com 308-324-2386 This poem was provided by a Dawson PPD employee. Its source is unknown. The darkening dusk and thin driving snow make it feel much colder than two below. The wind rasps the snow like...