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
Local students selected to attend Youth Energy Leadership Camp
July 2021 Leadership and public power go hand in hand. At the Nebraska Rural Electric Association's Youth Energy Leadership Camp, students will have the opportunity to learn more about legislation, electrical infrastructure and the science behind public power. The...
Dawson PPD Board Member Paul Neil Retires
July 2021 Paul Neil is described by his colleagues as a public power advocate, whose dedication was oftentimes unsurpassed. In May, he retired after 48 years of service as a board member representing customers in the Dawson Division. “Public power is an example of...
A pivoting time for business
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