SOURCE: Premier Holding Corporation

Premier Holding Corporation

July 21, 2016 07:00 ET

Premier Holding Corp. Subsidiary, The Power Company, Expands Deregulate Power Savings for Large Commercial Client

PRHL Subsidiary, The Power Company, Reports Additional Savings for Its Valuable Commercial Client in Health Care Industry

TUSTIN, CA--(Marketwired - Jul 21, 2016) - Premier Holding Corporation (OTCQB: PRHL) today announces that its subsidiary, The Power Company (TPC), has gone above and beyond by negotiating additional savings for existing commercial clients.

For example, The Power Company has continued to assist one of its long-time clients in reducing its energy expenditures. By bidding and negotiating with the multiple energy suppliers with whom they have relationships, the team at TPC was able to further reduce the expenses by $60,000 over a 2 year time frame for an Illinois health care company with 10 locations in Illinois and one in Wisconsin. 

"Because of the Illinois budget crisis, it is even more important than ever for companies that receive state funding to save money where they can. We are honored to be able to help our clients reduce a key expenditure for their businesses," said Cheryl Arts, Managing Partner of The Power Company. 

Chairman and CEO of Premier, Randall Letcavage, said: "To produce this much additional savings over what was already a fantastic rate shows just how great the team at TPC is and how much they look after their clients. This shows that in addition to already proving they can close large numbers of new clients, they look after them and show that they can retain them year after year. We continue to be extremely proud of our team."

About Premier Holding Corporation
The Company provides financial support and management expertise, which includes access to capital, legal, insurance, 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, refrigeration systems and smart building technologies. 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, Planet Fitness New York, Out Front Media, 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

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 at http://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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