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 helps you get business done from home or your tractor cab
Spring is a busy time, so Dawson Public Power District reminds customers of the convenient options for business. Irrigators must choose their load management option by Friday, March 13. This determines which rate and load control option they will have for the 2020...
Between the lines: The cost of reliable power
By Gwen Kautz General Manager 308-324-2386 gkautz(at)dawsonpower.com Our customers have indicated that reliable power is a top priority. And who could blame them? Nobody likes to be without power. When I think about my daily activities, I’m not sure how I could be...
Dawson PPD rate increase to go in effect April 1
February 18, 2020 - Dawson Public Power District will have an average two percent rate increase across all rate classes effective April 1, 2020. The vote for approval was made at the Dawson PPD Board Meeting on February 12. The District has invested more than $135...