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
Between the lines: Rates and affordability
By Gwen Kautz, Dawson PPD General Manager gkautz (at) dawsonpower.com 308-324-2386 The question I get asked most often is whether or not Dawson PPD will have a rate increase. More often than not, I can’t give a black and white answer until our year is coming to a...
The most energy efficient home in Nebraska
When you see the word, ENERGY STAR, you may think of appliances, insulation and light bulbs. But what about a house as a whole? ENERGY STAR Certified Homes are an innovative way to look at new home construction. For one Kearney family, the long-term cost savings was...
Energizing education within the classroom
On the surface, it wouldn’t seem that public power and a classroom are a good fit. What could an electric utility teach students, anyway? But peering in over the edge, it becomes clear: energy education. “Public power utilities can offer schools creative learning...