![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
Dawson Public Power District Sponsors Lexington Student for Leadership Camp
Dawson Public Power District is proud to announce its sponsorship of Rigo Arias, a Lexington High School student, to attend the 2024 Nebraska Rural Electric Association Youth Energy Leadership Camp.
Bump Up Pots offer foolproof flower power
Here, at Open Air Nursery, owned by husband-and-wife team Clark and Kelli Plihal, blooms a unique concept – the Bump Up Pot.
Going way, way up
What has 92 feet and is red all over? Dawson PPD’s newest digger derrick.
The latest addition to the District’s fleet boasts a reach of up to 92 feet, helping our lineworkers reach 70-foot-tall transmission poles with ease.