![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
Sunday load control possible for irrigators – August 14, 2022
Load control possible August 14, 2022
SUNDAY LOAD CONTROL FOR IRRIGATORS 8/7/22
Load control is possible on Sunday, August 7, 2022. All of Dawson PPD’s irrigation load management groups are eligible for Sunday control. Irrigators are encouraged to pay attention to text messages, emails KRVN 880 AM announcements or DawsonPower.com for updates. You...
Holding ourselves to a higher standard
A culture of safety starts with each employee. Together, Dawson PPD is holding itself to a higher standard that benefits everyone.