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
Cozy comfort, hot savings
Insulating your electric water heater could reduce standby heat loss by 25-45%.
Stay safe and help us keep the power flowing
Let’s work together for a safer, more dependable power supply. If you see something that concerns you, please don’t hesitate to reach out by calling us at 308-324-2386. By keeping an eye out for hazards and reporting them, you become an essential part of our team, and your efforts help us serve you better.
The unique requirements of a public power board member
Dawson PPD’s locally elected board of directors is charged with representing the interests of you and your neighbors, family and friends while upholding their responsibilities.