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
In the right light
Decorate your home safely during the holidays Inspect all lights, decorations and extension cords for damage before using. Exercise caution when decorating near power lines. Keep yourself and your equipment at least 20 feet from power lines. Make sure all extension...
Between the lines: Christmas then and now
By Gwen Kautz, General Manager gkautz at dawsonpower.com 308-324-2386 Some of those Norman Rockwell paintings always stir up “the good ol’ days” kind of thoughts. Let’s look back on Christmases before electricity and then look at what we see today. The...
Kindness rocks roll through central Nebraska
Spreading kindness is as simple as a rock and some paint. Across Dawson PPD’s service territory, communities are painting rocks and hiding them in plain sight—all with the hopes to brighten someone’s day and inspire them to pay it forward. The idea stemmed from The...