![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
Ask the board: A conversation with Rodger White
Area served: Lincoln County Subdivision Years of service: 25 years Certifications: National Rural Electric Cooperative Association Credentialed Cooperative Director National Rural Electric Cooperative Association Board Leadership Certificate What do you do outside of...
New employees
These new employees recently joined Dawson PPD: Tyler Anthony, Roxanne Brackney, Jeanne Leick and Tanner Ostermeyer.
Summer energy efficiency tip – ceiling fans
Run ceiling fans counter-clockwise to create a cooling effect. Ceiling fans cool people, not rooms. Turn them off when leaving the room to conserve energy.