LONG BEACH, CA -- (Marketwire) -- 12/28/12 -- Premier Holding Corporation's (OTCBB: PRHL) subsidiary, Energy Efficiency Experts, Inc., (E3) and Muni-Fed Energy announce that two separate pilot installations of the Active ES energy efficiency technology for high-masted lighting at two different facilities at the port of Long Beach, Calif., both posted excellent results.
The Active ES Lighting Controls for existing HID lamps performed beyond expectations for two clients at the port of Long Beach. The first client, who has almost 650 1,000-watt HID lamps, tested the technology at its site with exemplary results. The product was set at 20 percent savings and achieved 21.5 percent savings, producing more savings than promised with no negative effect on lamp performance. These lamps ran on 277v power and utilized the 20 amp/277 volt version of the Active ES modules. Using only three modules per pole, this was the most cost-effective solution presented to the client from all competing technologies. It is estimated that the client will save over $1.4 million over 15 years. The pilot test has been continuing since this past summer while the roll out is finalized.
At a separate facility with a client having almost 2,000 1,000-watt lamps, the new 480-volt version was required. This new version is the first developed by E3 since acquiring the intellectual property this past summer. The 10 amp/480 volt module dramatically increases the potential market for the technology. This pilot also exceeded expectations with 24 percent savings, which included competition from an LED alternative that was 700 percent higher in cost and promised only 40 percent of the light output of their existing lamps. This client is expected to achieve savings of over $3.5 million over the next 15 years.
Both clients have been presented the option for 100 percent financing of their projects.
It is a little known fact that, as of this release, HID lamps are actually more efficient than LED lamps, and LED are only an option when lighting levels can be reduced. HID lamps in high-bay and high-masted situations are still the most efficient technology (on a lumen per watt basis) than competing technologies. The Active ES modules work on these existing lamps in this extreme environment, making the most efficient lamps even more efficient at a fraction of the cost of alternatives.
Clay Sandidge of Muni-Fed Energy said, "We could not be more excited about the performance of these pilot installations. We have strong relationships with these clients and would only provide them the best solution for their particular needs. With the advent of the 480-volt version, not only will more port clients be appropriate for this technology, but we have additional clients who have distributions centers and warehouses that can now benefit from this technology."
Randy Letcavage of Premier Holding Corp. said, "A big part of Premier Holding's reorganization and growth plan includes Active ES technology and we have had an aggressive R&D effort in place to create more versions of the technology to increase its market. With the addition of the 480-volt version, we can now reach every appropriate lighting installation in the United States. Premier will be launching other exciting versions and features that we will announce as they are completed. All of these products will be marketed by E3 (Energy Efficiency Experts, Inc.), our distribution partners and Muni-Fed in the municipal markets."
About Premier Holding Corp.
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 also intends 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 solar- and wind-powered 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 Muni-Fed Energy Inc.
Muni-Fed Energy engages in renewable energy development (solar, wind, waste to energy) energy efficiency integration, consulting and financing. The company serves federal, municipal and commercial clients. Its team's experience and diverse capabilities allow them to take on challenging projects in a variety of locations ranging from commercial sites, hospitals, schools, universities and government facilities to utility-grade clean energy projects. Muni-Fed works as a comprehensive partner to its clients, from project discovery all the way through to finance and development. They align with strategic partners to deliver effective technologies and services to address energy supply, energy demand, infrastructure and financing solutions.
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