Premier Holding Corporation (OTCQB: PRHL) today announced that its subsidiary, The Power Company (TPC) has continued to achieve a high volume of sales by selling over 50 million Kilowatt hours in electricity to commercial clients including a number of world renowned companies. These include the power for the common areas for a group of marquee NYC high rises.
President and CEO of Premier, Randall Letcavage stated: "I congratulate the entire team at TPC. This accomplishment is above and beyond our goals for May and continues to prove that The Power Company's infrastructure is capable of great things. They already have a great operation when it comes to residential sales by setting records for five straight months so far, and commercial/industrial sales are also proving to show fantastic growth. In addition, they provided lower cost natural gas for a national chain of rehabilitation clinics which shows TPC is a complete answer for all energy savings. Their success in this arena, although not surprising, is quite impressive. I am sure they will continue their expansion and strong presence in the commercial market."
Cheryl Arts, Managing Member at TPC adds, "We have always had a strong reputation in residential sales of power, and this accomplishment shows that our reputation is spreading to the commercial/industrial market. This is an especially strong accomplishment in that we enlisted the services of eight different power suppliers, which indicates our flexibility and the strength of our supplier relationships that result in getting our clients the best rates possible."
The Power Company continues to prove month after month that its aggressive business plan is achievable. By duplicating its business model in different states TPC is successfully expanding its market presence.
Premier Holding Corp. Safe Harbor
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About Premier Holding Corporation
The Company provides financial support and management expertise, which includes access to capital, financing, legal, insurance, mergers, acquisitions, joint ventures and management strategies. The Company's mission is to acquire clean technology companies and/or green products and services that are accretive and that can be seamlessly integrated and utilize the overall economics of such products and services for the benefit of its customers. Through subsidiaries we offer renewable energy production, energy efficiency products and services to commercial middle-market companies, Fortune 500 brands, developers and management companies of large-scale residential developments. Additional integrated business offerings include direct energy services as power purchase agreements (PPAs), energy financing and leasing of generation programs in urban and rural real estate environments, lighting efficiency systems and refrigeration systems. For more information visit PRHL Investors Relations: www.prhlcorp.com.
About The Power Company (TPC)
The Power Company USA, LLC is a professional energy services firm offering brokerage and consulting services with a progressive and unique perspective on energy management based in Chicago, Illinois. Their mission is to assist companies in reducing and managing their electricity expenses. Their diverse portfolio of energy providers, transparent pricing, and unparalleled industry experience offers customers the freedom of exploring all of their options for choosing the best plan and provider. Operating in all currently deregulated states, including Texas, New York and Illinois, TPC and its partners/suppliers have provided an invaluable service to its clients. Their team has consulted and/or serviced such prominent companies, organizations and governmental entities such as: The City of Dallas, Ralcorp, Choice Hotels, Apex Hospital Systems, Mercedes Dealerships, Leona's Restaurant Group, McDonald's, and many others. Because of the large amount of business transacted and their long-standing relationships with Regional Energy Suppliers, TPC is assured to provide the most competitive prices in the industry. For more information visit: www.thepowercompany.com
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SOURCE: Premier Holding Corporation