![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
How to spot a scam
Don't become a victim. In one of the most common scams, the caller may: Pretend to be from your utility (Your caller ID may even display your utility's name). Threaten to turn off power, water or natural gas service to your home or business within an hour. Demand...
Do you use life sustaining medical equipment at home? Please notify Dawson PPD.
Dawson PPD can designate accounts of customers that have life sustaining medical equipment in use, such as an oxygen concentrator or infant monitoring for a premature baby. This information is used for notification of planned power outages for maintenance or line...
Public Power: Now you know Nebraska
Why does public power exist? Get the facts in this video. October 2017