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Premier Holding Corp’s The Power Company has high retention rate among corporate clients

Wednesday, March 8, 2017 12:57
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Premier Holding Corporation (OTCMKTS:PRHL) reported on Wednesday its subsidiary, The Power Company (TPC), has re-signed Creme de la Creme’s Chicago area facilities for the third consecutive 3-year term in an underscore of its ability to retain corporate clients.

TPC has been successful in acquiring and maintaining the business of national clients with multiple locations because of its extensive knowledge of the nuances of the many utility companies in the various deregulated states across the country. An in-depth knowledge of each utility company is vital in servicing its national accounts in the most effective way possible. In addition, because of its strong relationships with multiple energy suppliers, TPC is able to advise its clients on which energy suppliers are most cost effective in each geographical area.

 ”One of TPC’s strengths is in providing a proactive approach to power purchasing and looking for optimum times to secure energy pricing for its clients,” said Cheryl Arts, Managing Partner of The Power Company.

“In the case of Creme de la Creme’s Chicago area locations, we have been closely monitoring the markets for this customer well in advance of their contract expiration date. At the appropriate time, we advised the client to lock in rates to secure the most favorable pricing possible. TPC will also utilize this proactive approach for Creme de la Creme’s locations in other deregulated states,” she added.

The company said that it recently secured competitive pricing for a large advertising company for 2,300 of its accounts that were located across 14 different utility companies and saved them more than $500,000 per year on their electricity costs.

“We also re-signed Ziyad Brothers Importing, the largest distributor of imported international foods with 32 Global brands in their portfolio, for the 3rd consecutive contract. To preserve such exceptional relationships with our commercial clients requires industry knowledge, expertise and strong supplier relations,” said Patrick Farah, Managing Partner of The Power Company.

TPC’s full range of services from energy procurement, energy efficiency consulting and assistance with energy construction needs, provides TPC with the resources necessary to service various types of commercial clients.

Story by ProactiveInvestors



Source: http://www.proactiveinvestors.com/companies/news/174489/premier-holding-corp-s-the-power-company-has-high-retention-rate-among-corporate-clients-174489.html

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