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
New website coming soon
New look, same great power. Dawson PPD’s website will soon transition to a new design. Featuring simple navigation, quick links & eye-catching pics.
Between the lines: Forty-eight years of power
By Gwen Kautz, Dawson PPD General Manager gkautz (at) dawsonpower.com 308-324-2386 Every once in awhile you meet someone that has a greater influence in your life than others you meet. That happened to me in 1996. Long before he met me, he had already impacted many in...
Planning is essential when medical equipment is in use
Caregivers need to have plans to cope with many types of emergencies, including power outages. "We all need a plan for emergencies. It is especially important when you're caring for someone who has a medical condition," said Dawson PPD Manager of Customer Service...