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
Don’t be fooled; avoid utility scams
Nobody wants to lose their money through a scam. Dawson PPD has received reports of suspicious phone calls demanding payment or risk having power disconnected. If you receive a phone call requesting payment, please contact Dawson PPD’s offices directly to verify at...
Plant the right tree in the right place
Trees beautify our neighborhoods, and when planted in the right spot, can even help lower energy bills. But the wrong tree in the wrong place can be a hazard...especially to power lines. Large trees Height/spread of more than 40 feet, such as: Maple Oak Spruce...
Take care when landscaping around padmount transformers
“Gee, it sure would be great to camouflage that green metal box in my yard,” you think to yourself while planning your landscaping project. Wait! That green metal box, called a padmount transformer, is a vital part of your electric service. Fences, shrubs and trees...