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Dawson PPD bond debt 2013-2022

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

Renovating your home? Be sure it is up to code.

Renovating your home? Be sure it is up to code.

  With many of us staying in rather than going out, homeowners are looking to renovate their space into a comfortable getaway. Don't overlook the electrical wiring in your home. Each year, electrical malfunctions account for 35,000 home fires causing over 1,130...

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Electrical safety tips for hunters

Electrical safety tips for hunters

Electrical Safety Tips for Hunters This hunting season, we encourage all members to be aware of electrical equipment and take necessary precautions while hunting. Keep these safety tips in mind as you enjoy the great outdoors. Take notice of posted warning signs and...

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Between the lines: They already know

Between the lines: They already know

By Gwen Kautz General Manager 308-324-2386 gkautz(at)dawsonpower.com   What if they don’t? About 10 years ago, just as spring came to an end, a large storm rolled over Dawson PPD’s service area and caused major damage. As always, Dawson PPD linemen began the...

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