Premier Holding Corporation (OTCQB: PRHL) today announced that its subsidiary, The Power Company (TPC), continues to ramp up and set new sales records from its door-to-door electrical energy sales operations in the month of October and each of the first two weeks of November. In October sales from Door-to-Door operations grew by 8% from 1,506 contracts in September, to 1,629 contracts in October. For October that is a weekly average of 368. In the first week of November this one sales operation closed 491 contracts and in the second week closed 587 Contracts. That is a weekly increase of 33% and 59% respectively over October. Each residential sale will increase the enterprise value of The Power Company. This increase in sales is especially impressive when one considers that closed contracts from Door-to-Door operations were accomplished during the fall and early winter months which have historically reflected a seasonal downturn in Door-to-Door residential sales due to inclement weather and far fewer daylight hours.
President and CEO of Premier, Randall Letcavage, stated: "This shows that the strategic ramping up of the Door-to-Door sales operations is escalating far faster than the expected seasonal dip. We know that at some point the weather will slow down this one operation, but other sales activities continue to increase, and TPC continues to break sales records nearly every month."
Douglas Hargons at TPC adds: "We all know the weather in the Midwest has a big impact on this portion of our sales strategy. It is understandably difficult to sell Door-to-Door in a snowstorm. But through extra effort we have reversed this trend for the time being and even had an all-time record month." Letcavage added: "It's dedicated performance like this that that make the difference between a good year and a great one."
The Power Company continues to expand its sales strategies, which now, in addition to its phone banks and Door-to-Door sales, includes its new internet energy sales portal, NEST - National Energy Service Transactor which enables a truly viral sales mechanism, and is expected to accelerate overall sales regardless of the season.
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 TPC's sister company, Energy Efficiency Experts - E3, for solution-based sales of green and energy efficiency products and services.
Premier Holding Corp. Safe HarborThis 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 (E 3 ) 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.
For more information contact:Green Arrow Consulting760-565-7503Connie AbsherPremier Holding Corporation949-260-8070
SOURCE: Premier Holding Corporation
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