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
If your New Year’s resolution is to be more energy efficient, Dawson PPD may have a rebate for you. Known as the EnergyWiseSM Program, customers are rewarded with incentives for making energy efficient improvements within their homes. The program is offered in...
Dawson PPD 2017 planned upgrades
[su_table] Distribution - aging Miles Dollars Underground aging projects - $397,500 South of Lexington on Road 749 5.00 $375,000 Northeast of Kearney 3.50 $225,574 North of Hershey along Wildlife Road 5.00 $200,000 Northeast of Eddyville on Buzzard’s Roost 2.00...
Between the lines: Reflections of the ice storms
By Gwen Kautz, Dawson PPD General Manager gkautz (at) dawsonpower.com 308-324-2386 It’s hard to believe those two ice storms happened 10 years ago. So many memories came flooding back as we prepared to write the story. In the flurry of long days and nights, I wondered...