Recent reports claim that Warren Buffet identified energy deregulationDeregulation could be the next major financial opportunity that will reverberate across the country. Similarly, former GE Chairman Jack Welch described deregulation as “the next biggest thing since the Internet.”
According to estimates, all 50 US states will have deregulated energy by 2020. Consumers will be able to choose who their electricity is provided by the states, and they will no longer be subject to state monopolies in energy prices or supply.
According to estimates, deregulation has created an industry worth $500 billion. Warren Buffet said that he believes it will be the biggest transfer of wealth in history. This creates savings opportunities for commercial and residential customers but also opens up the possibility of a windfall for investors.
The savvy will follow Buffet’s lead. Randall Letcavage (ex-investment banker, entrepreneur) led a strong financial team that took control of Premier Holding Corp (PRHL), which is a public company that specializes in green products. His board includes Lane Harrison and Dr. Woodrow Clark II.
Dr. Clark received the Nobel Peace Prize for his 2007 work on climate change. The economist is also the author five books about the green economy. Harrison is not unfamiliar with high finance. Harrison is the former president at BiCoastal and brings with him a wealth in business and technology experience to PRHL.
Both PRHL board members recognize the importance of energy deregulation for progress in green power, and energy-efficient technology. With Letcavage as the leader and the support of reputable advisors, PRHL has the potential to become a major player in energy deregulation that can offer solutions for reducing energy consumption.
PRHL bought 80 percent of The Power Company from Illinois in February. This allowed PRHL to attract more talent. Patrick Farah (Managing Director for The Power Company) was instrumental in helping Suez acquire the energy contract for Dallas in 2007. He was also one of Suez’s largest contractors, acquiring clients with billions of kilowatt-hours of usage. TPC’s infrastructure was strengthened, which allowed for scaling. It accumulated more 18,000 residential and business customers with top U.S. energy suppliers. Letcavage had previously created a PRHL subsidiary, Energy Efficient Experts (E3) in order to provide a wide range of green energy products.
It is now all in-house. TPC helps clients to reduce energy costs through competitive supply pricing. E3 assists clients with reducing their consumption using energy-efficient solutions.
A model like this is a favorite of many. Wall Street loves it. Today, 14 states deregulated power. More are on the way. California, PRHL’s home state, is already moving quickly.
Visit this page to learn more about investment opportunities (NASDAQ.OTCBB PRHL). www.prhlcorp.com. Contact Tim Connor at 858-568 7059 for more information or call PRHL directly at 949-260 8070.
