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
Heart Angel Evie
Evelyn “Evie” Gina Gregg was born November 6, 2014. Her expressive brown eyes and a whisper of hair atop her head were complimented by her beaming smile. Evie loved her husky dog, “Dute,” (Duke) and her infectious laughter could soften the toughest person. She made a...
Between the lines: Would we change if it were our choice?
By Gwen Kautz, Dawson PPD General Manager gkautz (at) dawsonpower.com 308-324-2386 I’ve worked in the energy industry for 35 years and have seen a lot of changes. A great majority of the changes affect internal processes, and some affect our wholesale provider in...
Eyes on the prize
Breep! “Left!” Breeeeeep! “Right!” Breep, breep, breep! “Here!” Dane Johnson points to the ground. Between his teeth a large, black whistle gives off a high, piercing sound. In the distance his yellow lab, Zale, stops at the trill of the whistle, turns and looks at...