TUSTIN, CA--(Marketwired - Jun 4, 2015) - Premier Holding Corporation (OTCQB: PRHL), today announced that its subsidiary, Energy Efficiency Experts (E3), has expanded its sales campaign utilizing the rebate programs of Southern California Edison's (SCE), Illinois ComEd and New York Con Edison. E3 has made over 100 lighting sales in the last 4 months and we believe that over 30% of these customers will be placing additional orders. The program has just expanded to focus on large HID lamps such as those found in parking lots, big box stores, warehouses, etc. providing impressive rebates to encourage adoption of LED alternatives; this is an incredible opportunity for E3 and the 1,500 commercial accounts that The Power Company (Premier's other subsidiary) has and is introducing to E3.
Our campaign was piloted in Q1 of this year with a small crew of 6 specially trained independent sales agents. This team made a large number of transactions in a very short amount of time with an impressive rate that is expected to lead to additional sales.
Kevin Sullivan, Director of Sales for E3 stated: "SCE provides all sorts of programs to incentivize the adoption of ultra-efficient LED lighting, and this by far is the most successful. Not only does this program open the door to new clients who get a fantastic deal, but there are also opportunities to provide additional savings to our clients by going the extra mile and offering lamps that are not on the program, but help our clients save well in excess of 50% on their lighting electrical costs. Our success from up-sales via this program have been even larger than the Express campaign sales directly."
The company remains product-agnostic so that it can select the best lamp of its type from a large catalog of vetted suppliers, ensuring clients obtain among the highest quality lamps with a proven track record of performance. This is vitally important as the industry is plagued by inferior products. E3 stands behind every lamp it provides.
President and CEO of Premier, Randall Letcavage also stated, "I could not be more impressed with the continued success of this campaign. The infrastructure, training and implementation of the campaign was well executed and tells me that is can be expanded and replicated across the country with the systems we have in place today. This proves to me that E3 can grow at a pace similar to our other subsidiaries, and meet and possibly exceed our financial plans for the year."
As utility companies provide more and different incentive programs, E3 stands ready to take full advantage of them and offer the best products available.
Energy Efficiency Experts is a major part of Premier's larger plan to provide "Everything Energy" to its thousands of clients and the massive energy market. This subsidiary leverages the marketing success of its other subsidiary, The Power Company (TPC), an energy broker, which creates new energy efficiency prospects for Energy Efficiency Experts (E3), allowing Premier to further its plan of integration in this sector.
Southern California Edison does not endorse individual ESCOs or companies on these programs. See their website for further disclaimers and details on their many efficiency programs.
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 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. Recent acquisitions include Active ES Lighting Controls technology and The Power Company. Strategic alliances include Orion Energy Systems, Muni-Fed Energy, Nor Cal Reps, Western Glass and Restoration and Tinting, and Energy Innovation Enterprises. These alliances further advance E3's business strategy of providing only those technologies that have proven themselves in the field in both technical sophistication/reliability and financial justification. For more information visit: www.e3energyexperts.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