SOURCE: Premier Holding Corporation

November 12, 2013 08:00 ET

Premier Holding Corporation Announces the Launching of NEST -- National Energy Service Transactor

The New Web-Based Sales Portal Enables Large-Scale, Rapid Sales of Deregulated Power, as Yet Unseen in the Industry

TUSTIN, CA--(Marketwired - Nov 12, 2013) - Premier Holding Corporation (OTCQB: PRHL) today announced that its subsidiary, The Power Company (TPC), is launching its web-based sales portal NEST at www.thepowercompany.com. This sophisticated portal enables rapid, efficient and secure sales transactions of deregulated power. NEST is designed to enable sales agents whether from a computer terminal, a smartphone, or any web browser to access the pertinent information on a particular prospect. Agents can view their clients' energy profiles and quickly access the energy options available to them. The transparency and ease of NEST allows TPC's agents to select the best power provider for their customers and process the paperwork online in real-time, which enables client acquisition in minutes.

President and CEO of Premier, Randall Letcavage, stated; "This impressive tool is unmatched in the industry and fits our growth plan perfectly. NEST as a sales engine, allows for rapid growth through nearly infinite scalability to acquire additional sales agents and referrals, and allows for reposting of a link directing prospects to the site through social media. The portal creates a truly viral means of sales, and is very attractive to acquisition candidates." 

Patrick Farah at TPC adds: "This tool, in its earlier iterations, has already allowed our call centers to set record sales month after month. Now ready for launch with our field agents, we expect them to experience similar success. In addition, NEST is built for such scalability that it can be monetized on its own, meaning it can be offered to any deregulated power company as its sales tool."

The technology also provides sales management, reporting, verification, and compliance tracking to a degree not seen in the industry to date.

A unique aspect of the TPC business model is that it secures the individual contracts and continues to own them outright, providing significant value to the company. Among the tens of thousands of residential contracts the company has acquired to date, the company has also acquired over one thousand commercial contracts, which are then candidates for TCP's sister company, Energy Efficiency Experts (E3) for solution-based sales of efficiency products and services.

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.

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

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's experts 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.prhlcorp.com.

Contact Information

  • For more information contact:
    Green Arrow Consulting
    760-565-7503

    Connie Absher
    949-260-8070