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Director Joe Jeffrey (right) was recognized for 40 years of service on Dawson PPD’s board. He is pictured with Dawson PPD Board President Dan Muhlbach.

Director Brad Brodine (left) was recognized for 30 years of service on Dawson PPD’s board.

Director Pat Hecox (left) was recognized for 25 years of service on Dawson PPD’s Board.

Director Craig Wietjes (right) was recognized for successfully completing his National Rural Electric Cooperative Association Board Leadership Certificate training. He is pictured with Dawson PPD Board President Dan Muhlbach.

Dawson Public Power District reports that the 2023 irrigation season was the second highest revenue year in the past decade. That was noted at Dawson PPD’s Board of Directors meeting held December 6.

Irrigation revenue is at $26.6 million compared to $29 million in 2022. Customers used about over the 2023 growing season compared to 215.8 million kWh in 2022. Dawson PPD’s net margin is currently $4.3 million over budget through October 31, however, present mild temperatures may reduce the net margin by year end.

“We expect to finish the year strong,” said Carmen Ackerman, Dawson PPD Manager of Finance and Administration.

As a not-for-profit, publicly owned electric utility, Dawson PPD reinvests its revenue into its electric grid to provide safe, reliable and affordable power to its customers. The excess funds will be used to fulfill the District’s mission and help finance 2024 construction projects.

Other topics from the December Dawson PPD Board of Directors Meeting included:

  • Dawson PPD’s annual inventory audit showed an adjustment of less than one quarter of a percent, the lowest it has been since 2016. An inventory adjustment is an increase or decrease in a company’s inventory to explain theft, broken products, loss or other errors.
  • Board Member Pat Hecox has finished his two-year term as the Nebraska Rural Electric Association Board President. NREA is a , non-profit trade association for rural electric systems. During his tenure, Hecox successfully visited all member systems – something that was not previously done. NREA members noted that they appreciated the personal contact and opportunity to address concerns directly with leadership. Hecox said that “it was time well spent” and he “hopes the next group does the same.”
  • Three board members were recognized for their milestone years of service:
    • Joe Jeffrey – 40 years
    • Brad Brodine – 30 years
    • Pat Hecox – 25 years
  • Director Craig Wietjes was recognized for successfully completing his National Rural Electric Cooperative Association Board Leadership Certificate training.
  • The January 2024 Dawson PPD Board of Directors Meeting has been rescheduled from Wednesday, January 3, to Thursday, January 4. It will begin at its usual time of 10:00 a.m. and will be located in the Board Room of the Lexington Headquarters at 75191 Road 433.

OTHER NEWS

Economic development projects are ahead for Dawson PPD

Economic development projects are ahead for Dawson PPD

LEXINGTON, Feb. 12, 2024 - Dawson Public Power District’s February board agenda focused on the District’s future. Chris Bruns, Lincoln County Commissioner, spoke about the creation of the Nebraska International Port of the Plains and the larger industrial rail park...

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Dawson PPD’s financial responsibility is recognized

Feb. 5, 2024 -  LEXINGTON, Neb. “I am pleased to announce that Dawson Public Power District received a significant bond rating upgrade from Standard & Poor's, moving from an A to an A+,” said Dawson PPD Board President Dan Muhlbach. “These bond upgrades are...

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