![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
Turning over the torch
After 28 years of service, Engineering Coordinator Rose Welch is ready to pass the torch. “I’m extremely happy that I was able to carry one of the many torches at Dawson PPD for 28 years, and I’m honored to now hand the torch to the next generation of Dawson PPD,” she...
Interest in numbers rounds out Hobelman’s 32-year career
“If I’ve learned anything in life, it’s that you just have to laugh,” Hobelman said. “Don’t take life too seriously.”
What you need to know about induction cooking
Induction cooking is one of the most efficient, safest and most precise ways to prepare food. Unlike traditional electric or gas cooktops and stovetops, no flame or burner is necessary.