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
What are leased towns?
cluding the poles, wires, transformers and meters. Dawson PPD collects a lease payment as set by the town on each monthly electric bill. This appears as a line item on customers’ bills titled “village-imposed lease payment adjustment.” Then, the payment is remitted back to the community on a schedule set by community leaders.
What’s on that pole?
What's on that pole? This illustration shows the basic equipment found on electric utility poles. The equipment varies according to the location and the service they provide. Primary wires Primary wires carry 7,200 volts of electricity from a substation. That voltage...
Guest column: Supply chain shortages
Remember the shortages of toilet paper and hand soap in 2020? Our country’s supply chain is still having problems. Purchasing material has become an adventure. Like you, Dawson PPD is doing our best to work through the situation. According to Jerry Hobelman, Dawson...