Priority Power Management Celebrates 15-Year Anniversary

Priority Power Management, LLC (“PPM”), a Texas-based leading independent energy management and consulting services firm, celebrates its fifteen year anniversary this month. Established in 2001, PPM has evolved from a regional electricity aggregator to a full service energy management and consulting services firm providing comprehensive energy solutions to commercial, industrial and governmental clients across the United States.

Fifteen years ago, Pat Ennis, the Founding Principal of the firm, left a 20-year career at TXU Energy to pursue providing electricity advisory services to retail electricity customers soon facing choices in service providers as the state of Texas prepared to deregulate its electricity market in 2002. At the same time, a group of oil and gas executives in Midland saw a business opportunity to create a company that would aggregate the power needs for their oil and gas production, as well as other companies, to provide larger buying power for competitive retail electricity supply in the competitive market. The two came together, and PPM was founded.

“What started out 15 years ago as a small company with a couple of employees has steadily grown into a business far exceeding anyone’s expectations,” said Pat Ennis. "We are all very proud of this accomplishment and grateful to our customers and employees who helped get us here."

A few of PPM’s customers that it has served since its founding offered these comments:

“We have been a Priority Power customer for 15-years and rely on them for just about everything related to power – from our supply management needs to large infrastructure projects – even if it’s in a regulated cooperative area. We appreciate their approach in being very hands on and proactive, and we view them as a critical part of our company that delivers many benefits,” commented Billy Bledsoe, Henry Resources, LLC.

“Energen Resources Corporation has been a client of Priority Power since mid-2001. They have created value for our company by helping us reduce energy costs for our operations, managing price risks for our energy supplies and improving our energy efficiency. As our operations have grown over the years, Priority Power has helped us meet our increased power needs. They have worked with us guiding us through the many changes in the power markets over the years and they continue to stay on top of new changes every day. We are extremely happy with our relationship with Priority Power and their representatives and hope to continue this relationship in the years to come,” commented Joe D. Niederhofer, Vice President of Permian Basin Operations, Energen Resources Corporation.

“Endeavor Energy Resources, L.P. takes this 15^th anniversary year for Priority Power to say: Great Job! Electric load management from early stages of deregulation through high and low gas commodity values, several booms and busts has been a constant management challenge. Every step of the way Priority Power has skillfully navigated this ever changing market. Thanks for your service. Here’s to 15 more years!” commented Bradley Bates, Petroleum Engineer – Special Projects, Endeavor Energy Resources, L.P.

“Today, Priority Power Management provides comprehensive energy solutions to over 1,900 customers, 28,000 electricity and natural gas accounts, and managing approximately $1 billion in annual energy spend,” said John Bick, Managing Principal of the firm. “We pride ourselves with keeping our customers’ interests as our singular focus, and seeking new creative and innovative solutions to meet our customers’ business challenges.”

About Priority Power Management

Priority Power Management, LLC (www.PriorityPower.net) is a leading Texas-based independent energy management and consulting services firm to large commercial, industrial and government customers. Priority Power Management provides unbiased and objective energy management services in the areas of energy information, supply and risk management, demand-side management and energy infrastructure solutions. Since its establishment in 2001, Priority Power Management has grown to procure and manage approximately $1 billion of annual energy spend on behalf of clients from its offices in Midland/Odessa, Dallas/Fort Worth, Houston and Abilene.

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