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
Three ways to electrify your lawn care
Spring is here, and yard maintenance is in full swing. If you’re in the market to upgrade your lawn care equipment, you may want to consider these electric options. 1. Electric Lawn Mowers Newer cordless electric mowers are certainly more expensive than gas-powered...
Between the lines: Judgments from outside
By Gwen Kautz General Manager 308-324-2386 gkautz(at)dawsonpower.com Have you ever read a newspaper/online headline and scratched your head while saying “huh?” Headlines are actually hooks. Grandiose headlines get you interested so you’ll go read the story. Online...
Response to the pandemic situation
MARCH 17, 2020, 1:15 p.m. -- Dawson PPD has plans for operation throughout the COVID-19 pandemic. Although the situation is constantly changing, we will continue providing safe and reliable electric service. We understand the importance of having power, especially if...