We consider a network-preserved model of power networks with proper algebraic constraints resulting from constant power loads. Both for the linear and the nonlinear differential algebraic model of the network, we derive explicit reduced models which are fully expressed in terms of ordinary differential equations. For deriving these reduced models, we introduce the "projected incidence" matrix which yields a novel decomposition of the reduced Laplacian matrix. With the help of this new matrix, we provide a complementary approach to Kron reduction, which is able to cope with constant power loads and nonlinear power flow equations.