![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
What is the distribution charge?
When some customers think of paying their electric bill, they may tend to think of the cost in kilowatt hours. However, there is more involved in the cost than just the kilowatt hours used.
Ask the board: A conversation with Dan Muhlbach
Dan Muhlbach Dawson PPD Vice President Area served: Buffalo Subdivision Years of service: 27 years Certifications: National Rural Electric Cooperative Association Credentialed Cooperative Director National Rural Electric Cooperative Association Board Leadership...
Low income home energy assistance program
LIHEAP helps low income households stay safe and healthy by providing financial assistance to offset the costs of heating and cooling. What it does Heating assistance Cooling assistance Deposit/Reconnect fee assistance Year round crisis assistance Emergency furnace...