![Dawson PPD bond debt 2013-2022 Dawson PPD bond debt 2013-2022](https://dawsonpower.com/wp-content/uploads/2023/02/Dawson-PPD-debt.png)
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
Remembering the ‘Back to back ice attack’: The 2006-2007 ice storms
A decade later, Dawson PPD employees still remember the devastation of the 2006-2007 ice storms as if it happened yesterday. The first storm rolls in It was Wednesday, December 20, 2006. Weather forecasters predicted an ice storm for Central Nebraska. While a few...
Keeping our first responders safe
When it comes to an emergency, Dawson PPD and our local first responders are on the same team. This fall, Dawson PPD sent letters to local fire departments, county law enforcement and county departments of roads offering an electrical safety demonstration and open...
Between the lines: How does the solar installation down the road affect you?
By Gwen Kautz, Dawson PPD General Manager gkautz (at) dawsonpower.com 308-324-2386 I was surprised by a question asked recently. They were wondering why Dawson PPD wasn’t fearful of losing sales to solar installation. Of course, we don’t want to lose sales; but if...