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
Dawson PPD is making more improvements in the Village of Brady
(July 28, 2017) Lexington, Neb. - A project is underway in the village of Brady with the goal of improving electric reliability. Poles are being replaced, new conductor wire is being installed and the electric load of the village will be redistributed. The budgeted...
How are “planned outages” planned?
Ever wonder why Dawson PPD has planned outages and why they choose the dates and times? We thought we’d share some of the factors that are considered before the decision is made. Can we safely work with the line energized? Sometimes linemen are able to make repairs...
Between the lines: Your questions, answered
By Gwen Kautz, Dawson PPD General Manager gkautz (at) dawsonpower.com 308-324-2386 This month instead of writing about things I feel our customers need to know, I’m going to use my column to answer questions recently posed by our customers. 1. Why do you give away so...