![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
Between the lines: Technology, the grid and Dawson PPD (Part 2)
the pros and cons of introducing new technology to the grid
Central and Dawson PPD to vote second time on consolidation documents at July 17 meetings
The boards of The Central Nebraska Public Power and Irrigation District and Dawson Public Power District plan to vote again on the documents required for their consolidation next month. The boards will each hold a special Board Meeting on July 17 at each districts’ respective headquarters.
Three youth selected to attend Youth Energy Leadership Camp
Dawson PPD is sponsoring three local students to attend the Nebraska Rural Electric Association Youth Energy Leadership Camp. The camp will be held at Camp Comeca near Cozad July 9-13, 2023.