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
Seasonal GIS Specialist job
LEXINGTON, Nebr. -- Dawson Public Power District has a job opening for a Seasonal GIS Specialist. A full job description and application details are available here.
3 ways to help limit tree trimming & removal
Did you know electric utilities are required to trim and remove trees and other types of vegetation that grow too close to overhead power lines? Here’s how you can help.
Why energy efficiency matters
Dawson PPD, along with its wholesale partner Nebraska Public Power District, is committed to maximizing the value of their energy purchases in a cost-effective manner. To understand its importance in all of our future, we need to examine where energy efficiency began.