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 1)
Dawson PPD’s electric distribution utility system is a complex network of wires, transformers and other equipment that delivers electricity from power plants to substations to homes and businesses. In recent years, there have been several new technologies that have been developed to improve the efficiency, reliability and security of the electric distribution system.
Dawson PPD’s swift response to tornado demonstrates commitment to service
Dawson PPD quickly made repairs after May 5, 2023, tornado at Johnson Lake, Nebraska
Working together for irrigators
The Twin Platte Natural Resource District needed to document irrigation groundwater usage. They could have installed water meters, but the meters were not cost effective. And water meters traditionally are only read once a year, after irrigation season. Instead, they...