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
Between the lines: It’s the little things
by Gwen Kautz, General Manager gkautz at dawsonpower dot com 308-324-2386 There are so many little things that Dawson Public Power District does to improve not only our safety and reliability of service, but also things that make doing business with us more convenient...
Winter storm safety tips
The Consumer Product Safety Commission reports that 50% of all portable generator-related carbon monoxide deaths occur during the winter months (November - February). Space heaters, whether portable or stationary, account for one-third (33%) of home heating fires and...
Safely connect a generator with the transfer switch rebate
Qualifications The transfer switch must be installed by an electrician according to the National Electrical Code. It must have a center “off” position. Once installed, Dawson PPD personnel will inspect and test the switch to ensure it is working properly. A mechanical...