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
Contact us when planning for new construction
Building a new structure for your home or business takes a lot of planning. As you are working through your budget, please be sure to contact Dawson PPD for a quote on the cost to bring electrical power to your location. Dawson PPD’s policy, implemented in February...
Let’s support a cleaner energy future by staying the current course
By Gwen Kautz, Dawson PPD General Manager A couple weeks ago, Nebraska Public Power District announced that they would be conducting public information forums to gather opinions regarding the future of NPPD’s power generation mix. In addition to the public forums, a...
A conversation with Board Member Bill Henry
Bill Henry Dawson PPD Board Member Area served: Lincoln County Subdivision Years of service: 33 years Certifications: National Rural Electric Cooperative Association Credentialed Cooperative Director National Rural Electric Cooperative Association Board Leadership...