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
Save money and energy through the EnergyWise Program
Keep the cold weather out this winter. Dawson PPD and its wholesale partner, Nebraska Public Power District, offers several rebates to help you boost your energy efficiency all while saving money. Call Bobby Johnson, Energy Services Specialist, for details at...
Safety can be flexible, if done correctly
When it comes to safety, flexibility is key. Now this may sound odd, as strict safety rules understood by all keep everyone safe. Bear with us. Safety is important at Dawson PPD, and adding flexibility into the employee safety training program ensures that new ideas...
5 steps to take when approached by a solar or wind developer
5 steps to take when approached by a solar or wind developer GATHER information about the developer such as existing agreements and/or sizes of any proposed or installed projects(s). SEEK advice from an attorney before signing any easement, contract or document. DON’T...