CHARLOTTE, NC — (Marketwired) — 07/11/13 — Premier Alliance Group, Inc., (OTCQB: PIMO) a leading provider of business performance, compliance and energy management solutions, today announced that its Energy and Sustainability Division has been engaged to implement Southern California Edison–s (SCE) Automated Demand Response (Auto-DR) program for the Los Angeles facility of a multi-national industrial chemical manufacturer.
Premier Alliance has secured $114,000 of incentives from SCE that will be applied towards enabling Auto-DR. Once installed and operational, SCE will be able to call upon them to voluntarily load shed up to 380 kW of electricity during peak usage periods. The scope of the project includes installation of control systems that will allow the safe and systematic shutdown of 3 separate production lines along with multiple compressors and heaters, all based on pricing and performance signals from SCE. This functionality will allow the customer to take advantage of SCE–s Critical Peak Pricing program, which offers incentives on a kWh basis and could represent over $31,000 of additional annual savings.
“This is another example of the market depth we can cost effectively reach,” said Rob Davis, Senior Vice President of Energy Services for Premier Alliance. “You don–t have to be a multi-megawatt energy consumer to take advantage of load reduction incentives from the utility. We take a unique and holistic approach to energy management unlike any other solution provider in this space and prove time and again that demand management solutions can be scalable and financially viable for almost any commercial client. There is no reason almost any size organization can–t benefit from the $3.5 billion worth of Demand Response and energy efficiency incentives that have been made available by utilities nationwide.”
Premier Alliance Group, Inc. (OTCQB: PIMO) is a leading provider of business performance, compliance and energy management solutions with a focus on results that improve productivity, mitigate risk and maximize profits. The firm provides 360 degrees Intelligence Delivery, a holistic approach to meet client objectives, through our Professional Services and Solutions Groups. We currently have two major delivery verticals, Energy and Operational Risk/Compliance, which are being driven by increased energy mandates and requirements as well as other regulatory requirements which cross several industries. Premier–s Energy capabilities position us as a leading provider of energy efficiency and sustainable facilities solutions. This includes designing, engineering and installing disparate solutions and technologies that enable clients to reduce their energy costs and carbon footprint. Premier–s Operational Risk/Compliance capabilities encompass Governance, Risk & Compliance (GRC) and Business Performance & Technology. Premier Alliance is headquartered in Charlotte, NC. For more information, visit .
Certain information contained in this press release may be forward-looking. Actual results might differ materially from any forward-looking statements contained in this press release. Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the actual results of Premier Alliance Group to be materially different from any future results expressed or implied by such forward-looking statements. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms “believes,” “belief,” “expects,” “intends,” “anticipates” or “plans” to be uncertain and forward-looking.
Contact:
Investor
Merriman Capital, Inc.
Douglas Rogers
Managing Director