![Dawson PPD bond debt 2013-2022 Dawson PPD bond debt 2013-2022](https://dawsonpower.com/wp-content/uploads/2023/02/Dawson-PPD-debt.png)
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
Dawson PPD awards $1,500 Utility Line Scholarship to Callaway High School graduate
March 31, 2021 Dawson Public Power District has awarded Weston Kunkee a $1,500 Utility Line scholarship to pursue his degree. Kunkee is a graduate of Callaway High School and the child of Dean and Angie Kunkee. He plans to pursue his degree in utility line at Mitchell...
BETWEEN THE LINES: What does reliability cost?
April 2021 By Gwen Kautz Dawson PPD General Manager gkautz (at) dawsonpower.com 308-324-2386 What does reliability cost? It’s never big things that break us – it’s always the little things. My adoption of “it’s always the little things” stems from scripture in which...
Honey hobbyist connects learners with nature
April 2021 “I’ve always had an appreciation and respect for nature,” said Amy Hill, Central Community College Regional Director at the Lexington Center. Her appreciation for and awareness of bees was heightened when her son was involved in an Entomology project...