![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
Dawson PPD 2018 Planned Upgrades
Over $9 million in system improvements are scheduled for construction in 2018. As a not-for-profit utility, Dawson PPD budgets to reinvest in its system annually to ensure reliable and safe electricity. “We take a proactive approach by constantly evaluating our...
Auto accidents involving power lines: What you need to know to stay safe
(December 19, 2017) Lexington, Neb. – Driving conditions may take a turn for the worst as winter descends on Nebraska. Before an accident becomes a tragedy, Dawson Public Power District is encouraging drivers to observe the following safety tips when in a vehicle...
Low temps, high energy use: How consumers can fight the chill
(December 7, 2017) Lexington, Neb. - With winter temps dropping, consumers may see a rise in their energy use. Dawson Public Power District has several tips to help consumers fight the chill and stay on budget. According to Dawson PPD’s Energy Services...