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
Snapshot: “I’ve got your back”
At Dawson PPD, safety is key. Lineworkers use a “spotter” when working out in the field. The spotter’s job is pretty straightforward; they watch the other employee work and warn them of any potential hazards. “When someone is up in the bucket truck, it is the...
Between the lines: Hazard Recognition
By Gwen Kautz, Dawson PPD General Manager gkautz (at) dawsonpower.com 308-324-2386 Did you ever notice how we don’t “see things” we pass by every single day, like power poles? It’s that way with a lot of other things, too – bushes, trees, fences, signs, grain bins and...
Maxwell Public Schools improves energy efficiency through major renovation
As a new school year begins, students at Maxwell Public Schools will enjoy a fully remodeled building, new facilities and some major energy efficiency improvements. “In 2013, the district had an energy audit. The district had no air conditioning, an antiquated boiler...