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
Open house events to discuss the potential merger
The public is invited to attend one of the open house events to learn more about the potential merger. There will not be a formal presentation at the open house. Instead, guests are welcome to visit with representatives of The Central Nebraska Public Power District...
Working for you
Dawson PPD’s locally elected board of directors is charged with representing the interests of you and your neighbors, family and friends while upholding their responsibilities. I
Rule your attic
Take control of your utility bills this heating season. Learn more about attic insulation and if it measures up.