CHARLOTTE, NC — (Marketwired) — 05/29/13 — Premier Alliance Group, Inc. (OTCQB: PIMO), an Energy solutions integrator and Operational Risk solutions firm providing domain expertise and 360 degrees Intelligence Delivery with a focus on profitability and sustainability, today announced that its Energy and Sustainability Division has been officially certified by the California Energy Commission as a Solar Performance and Monitoring Service (PMRS) Provider.
The California Solar Initiative (CSI) offers financial incentives for the installation of solar PV and thermal systems throughout the state. In many cases those incentives are critical for the system to be financially viable. However, for solar PV systems over 10 kW these lucrative incentives are performance based and therefore the CSI requires real time monitoring be provided by a certified PMRS provider. Receiving this certification means Premier Alliance meets the specific requirements for monitoring and delivering system performance data to the CSI program administrator, which is then used to calculate the value of the incentive earned by the system. Premier Alliance will not only be able to offer this value add service to its existing and future solar customers, but to any other solar PV system owner throughout the state of California.
“This is yet another facet to our growing service offerings that allows us to provide a true turnkey solution,” said Rob Davis, Senior Vice President of Energy Services for Premier Alliance. “We no longer need to rely on a third party to insure Performance Based Incentives (PBI) are accurately reflecting the energy production of solar PV systems we–ve installed for our clients. Given the fact that we are now one of only about 140 certified PMRS providers throughout the entire state of California we can further differentiate ourselves in the alternative energy marketplace.”
Premier Alliance Group, Inc. (OTCQB: PIMO) provides Knowledge Based Expertise (“KBE”) through its strategic advisory, services, and solutions delivery capabilities. The firm provides 360 degrees Intelligence Delivery, a holistic approach to meet client objectives, through our Professional Services and Solutions Groups. Our primary focus is on issues related to two key elements which are critical to profitability and sustainability for customers (i) energy strategy and usage and (ii) operational risk and performance initiatives. Our 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 while providing resilience. Our complementary operational risk and performance activities help clients to manage the trade-off between increasing performance and managing risk by assisting them to evolve their operating models to improve in both areas. 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.
Contacts:
Capital Markets Advisor:
Merriman Capital, Inc.
Douglas Rogers
Managing Director
Company:
Brian Stevens
Vice President of Business Development