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
Alert today, alive tomorrow: Heads up for farm safety
Alert today, alive tomorrow: Heads up for farm safety Stay safe around downed power lines. Consider all lines, equipment and conductors to be live and dangerous. If you are inside farm machinery that makes contact with a downed power line, know what to do! If...
Between the lines: That will never happen
By Gwen Kautz, Dawson PPD General Manager gkautz (at) dawsonpower.com 308-324-2386 I just finished reading an article about shopping malls that are closing across the United States because online shopping is replacing a physical trip to the store. As an avid online...
Know what is below
The 811 process for homeowners For projects that include planting a tree, installing a mailbox or building a deck, among others. Notify – Notify your local one-call center by calling 811 or making an online request 2-3 days before work begins. The one-call center will...