Premier Holding Corporation Reports Impending Launch of Referral Network for Energy Efficiency Experts Citing Lacy Construction Success
TUSTIN, CA--(Marketwired - Jun 15, 2016) - Premier Holding Corporation (OTCQB: PRHL), today announced that its subsidiary Energy Efficiency Experts (E3) has entered the implementation phase of its Sales Referral Network with the successful pilot program with Lacy Construction among others.
Energy Efficiency Experts, which provides energy efficiency technologies and services for the entire building envelope for commercial and industrial clients, has long understood that the sale of LED lighting and other efficiency technologies is truly a consultative, relationship-based effort. Specifying the correct LED to replace outdated technology has become more complex in that there could be over two dozen LED choices to replace a single older lamp. Color temperature, light distribution, lumen output, fixture design, as well as third-party validation, availability and manufacturer stability are just a few of the parameters in selecting the best LED for a given application.
Energy Efficiency Experts has been developing a program whereby it supports electricians, General contractors, architects, etc. so they can off-load this very complex and every-changing task of designing, specifying and sourcing lighting. In addition, lighting technology has to be compatible with controls and smart building technology that may be present or added in the future.
Lacy Construction is renowned in Southern California for believing in maintaining a culture of high expectations. They establish close personal and business relationships, while being flexible and responsive. Much of their business comes from repeat customers, which is evidence that they stand behind their commitment to provide quality service and enhance their client's experience. Their employees and sub-contractor team understand the importance of timely completion, quality work, and safe operations. Lacy Construction's safety record is one of the best in the industry. They require the same level of client support from their suppliers. This is why they chose E3.
President of Lacy Construction, Chris Lacy said: "Most electrical material pricing is bid through local supply houses based on a set of construction documents where the engineer or lighting specifier has generally chosen from your typical "name brand" fixtures. We try to offer value engineering (VE) to stay competitive and E3 has greatly simplified that process with substantial cost savings, service and selection. My hunt for competitive pricing is now simple..."CALL E3" It was amazingly refreshing how the team at E3 took the time to understand the unique needs of all my various projects and they researched, specified, and sourced the best, most cost-effective solution from a wide range of manufacturers. I buy direct from them, and refer them to all my sub-contractors."
Now that this referral and support program has been field tested with Lacy Construction in California, and with other pilots in New York, the company plans to automate the process and offer its tools and services to more candidates for its referral network from coast to coast.
Chairman and CEO of Premier Holding, Randall Letcavage added: "We are always looking at efficiencies in operating our business in a way that can scale by orders of magnitude for all of our subsidiaries. We believe this approach for E3 should produce tremendous growth, just as we have previously announced programs for our other subsidiaries."
About Premier Holding Corporation
Under the corporate motto, "Everything Energy", Premier is an energy holding company focused on acquiring and integrating energy companies as synergistic subsidiaries. The Company accumulates residential and commercial clients in deregulated markets from all subsidiaries and cross sells energy and energy efficiency products and services including LED lighting, energy management systems, smart home technology, and more, maximizing profit potential and minimizing cost of client procurement. In addition, Premier Holding provides top line management and financial support, which includes access to capital, financing, legal, insurance, mergers, acquisitions, joint ventures and management strategies. 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 Lacy Construction
Lacy Construction has been a leading general contractor in Southern California for 35+ years. Their capabilities are diversified, ranging from commercial and industrial construction to high technology, controlled environments, clean rooms, cold storage, laboratories, tenant improvement, industrial plant processes, and complete facility relocations. The company's strength is the ability to provide personalized service and the experience to deliver high quality projects on time and within budget.
About Energy Efficiency Experts (E3)
E3 is an Energy Services Company (ESCO) formed by PRHL to provide the best of breed solutions to its clients by utilizing proprietary technologies and high level industry relationships. By maintaining a "product agnostic" approach, E3 will prescribe the best solution for the unique circumstances of its clients after careful survey and analysis. Through its ever-growing acquisitions and alliances, E3 strives to provide the most current, and fully-vetted solutions in energy generation and energy reduction technologies, as well as management tools which capture the client for future opportunities. For more information visit: www.e3energyexperts.com
Premier Holding Corp. Safe Harbor
This press release contains certain statements that may include "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects," "anticipate," "optimistic," "intend," "will" or other similar expressions. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website athttp://www.sec.gov. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under applicable securities laws, the Company does not assume a duty to update these forward-looking statements.
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