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
From Apprentice to Journeyman
Dawson PPD lineworkers obtain journeyman status through formal training program Just because they have a utility line degree, doesn’t mean that lineworkers may officially hang up their mortar board. They’ll have to go through another four years of on-the-job training,...
Let’s talk public power
October is Public Power Month. Read how Dawson PPD works to serve you. Did you know that Nebraska is the only state in the nation served entirely by public power electric utilities? Community-owned utilities mean that Nebraskans are working for Nebraskans. Public...
Between the lines: Why solar just can’t plop anywhere
By Gwen Kautz, Dawson PPD General Manager gkautz (at) dawsonpower.com 308-324-2386 You’re looking over a piece of land you’ve owned for years that, quite frankly, has seen better days. It’s not prime land and it’s difficult to farm. You look down at a flyer in your...