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
Efficiency key to competitive ethanol market
Selling corn ethanol is a competitive business. It’s essentially the same product no matter who makes it. How can one company stand out from the rest? The answer: efficiency. KAAPA has invested nearly $50 million in its Ravenna facility to improve efficiency – and the...
How to keep the peace with your neighbor
Ah, neighbors. We can’t pick them, but we can choose to keep things friendly. Dawson PPD’s Power Quality Policy can help. This policy outlines how customers can avoid objectionable voltage and other electrical disturbances or problems that affect other customers or...
Ask the board: A conversation with Brad Brodine
Brad Brodine, Dawson PPD Board Member Area served: Buffalo County Subdivision Years of service: 29 years Certifications: National Rural Electric Cooperative Association Credentialed Cooperative Director National Rural Electric Cooperative Association Board Leadership...