Priority Power Management Provides Supply and Infrastructure Solution to Prism Midstream
July 07,2016
Priority Power Management, LLC said that it has delivered an end-to-end electric energy solution to Prism Midstream LLC for its new Bedrock Liquids Handling Facility (in Crockett County, Texas.
PPM said that it discovered that the Facility was geographically located in an area that the Public Utility Commission of Texas had designated as multi-certified. PPM conducted a competitive proposal process between the cooperative and the IOU to achieve the best overall value for Prism. PPM’s process resulted in Prism selecting the IOU, which eliminated any upfront costs for the IOU to extend primary distribution service to the Facility, established an acceptable timeline for service to be available, and gave Prism access to the deregulated competitive retail electricity market rates which PPM said saved Prism approximately 40% on ongoing electricity expenses.
Subsequently, Prism expanded PPM’s scope to include engineering, procurement and construction (EPC) services to develop an internal electric distribution system for the Facility. PPM developed and delivered a full turnkey EPC solution that included overhead and underground primary distribution, and secondary transformation to five (5) load centers within the Facility.