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
How to insulate your electric water heater tank
How to insulate your electric water heater tank Materials: Water heater blanket Scissors Duct tape Steps: Turn off the electric water heater at the breaker panel. Measure the height of the water heater and cut the blanket to fit if necessary. Leave the top of...
Public power: Locally grown, community owned
October is Public Power Month. A time to reflect on how Dawson PPD works for you – the public – not stockholders. Public power works. Public power gives back. Public power cares. Across the U.S., more than 2,000 public power districts bring electric power to homes,...
Where your power comes from
Each month, you pay your electric bill to Dawson PPD. But where does that electricity come from? Generally, it’s not produced in your neighborhood — most electricity travels quite the distance from where it’s generated across heavy-duty transmission lines to reach...