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
Tree trimming beyond the holidays
Now that the holidays are over, tree trimming may be a task you’ve crossed off your to-do list. But for Dawson PPD’s Tree Crew, the trimming is a year-round event. Tree Crew Foreman Colten Mast and Tree Crew Worker Kat Cavanaugh work with customers and...
2021 Residential Rebates
2021 Residential Rebates Air Source & Geothermal Heat Pump Incentive or Low Interest Loan We give you two options — choose the one that best suits your situation. Please note that Dawson PPD’s additional $100 per ton of cooling has been discontinued....
January 2021 Energy Efficiency Tip of the Month
Energy Efficiency Tip of the Month Use wool or rubber dryer balls in the clothes dryer to reduce drying time and static. Wool dryer balls can also absorb extra moisture. These are an efficient alternative to dryer sheets, which can create buildup on the...