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
Power’s out. Now what?
June 2021 At Dawson PPD, we do our best to keep the lights on. But sometimes, power outages happen. Now's the time to make a plan. Caution Flashlights are much safer than using candles. Never operate a generator or a propane grill in your home or attached garage....
Between the lines: What’s political about electricity?
June 2021 By Gwen Kautz Dawson PPD General Manager gkautz (at) dawsonpower.com 308-324-2386 How about everything? Each year when our legislative body convenes, we hold our breath waiting for the next proposed statute change or new statute that will upend or improve...
Ways to save: Budget billing
May 2021 What is budget billing? “Budget billing can be a very beneficial tool in assisting customers with budgeting their monthly expenses,” says Lori Christner, Supervisor of Consumer Accounts. “Dawson PPD works with these customers by spreading their electric bill...