![Dawson PPD bond debt 2013-2022 Dawson PPD bond debt 2013-2022](https://dawsonpower.com/wp-content/uploads/2023/02/Dawson-PPD-debt.png)
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
Empowering tomorrow’s youth
Dawson PPD partnered with the Nebraska Rural Electric Association to provide unique learning experiences for Nebraska teens.
Between the lines: Liquid fertilizer plant chose to work with PRPPID
After the public announcement of the Project Meadowlark liquid fertilizer plant in Gothenburg, many are wondering why The Central Nebraska Public Power and Irrigation District and Dawson Public Power District were involved. Was it because of the proposed merger? The answer may surprise you.
Dawson PPD anticipates load control for most of the week
Dawson PPD irrigation customers can expect at least four days of irrigation load management during the week of July 24-July 31, 2023.