|By Marketwired .||
|May 13, 2014 09:15 AM EDT||
TUSTIN, CA -- (Marketwired) -- 05/13/14 -- Premier Holding Corporation (OTCQB: PRHL) today announced that its subsidiary, The Power Company, USA, LLC (TPC) has set another new monthly sales record, making it five straight months of record sales. TPC contracted another 3,458 households in April solely from its door to door sales team, and this helped push the month to a 16% increase in sales over March, which itself was the previous biggest sales month in the company's history. It was reported earlier that Q1 2014 set new records.
Cheryl Arts, Managing Partner for TPC stated: "The entire team, from the invaluable leadership of Patrick Farah to the door-to-door field managers and sales agents, all have stepped up each and every month to raise the bar and exceed our goals. This accomplishment is especially impressive when you consider the extremely harsh winter we've had in the Midwest. Our door-to-door sales teams braved the coldest of winters, with many days below zero, to achieve sales numbers that would have been impressive under the best of circumstances. This spring we continue to break records month over month and year over year which indicates a successful sales model with a very scalable infrastructure. In addition to our call centers which are garnering momentum, we expect to see all sales initiatives adding to this impressive trend as we successfully emulate our business model in additional states."
President and CEO of Premier, Randall Letcavage adds, "I continue to be extremely proud of the hard work of our sales team at TPC. It's important to note that these records are new contracts at same store sales; we have not yet ramped up our additional offices, nor does this count the revenue we continue to receive from sales made last year on these multi-year contracts. As we open additional offices we should see even more dramatic growth."
TPC continues to set the bar on sales performance for deregulated power. It remains on the cutting edge of innovation in this industry, in part due to its sophisticated sales portal: NEST (National Energy Sales Transactor) enabling rapid, efficient and secure sales transactions of deregulated power. This portal enables sales staff, whether from a computer terminal, a smart phone, or any web browser to access pertinent information on a particular prospect, including their energy profile, and quickly access the energy options available to them. Then after selecting the best power provider, sales agents can process the paperwork online in real-time which enables client acquisition in minutes. NEST is easily scalable and can be seamlessly launched as the company expands into additional geographical markets. NEST is also available to other power resellers, which will create additional revenue streams for The Power Company.
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. Its 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
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