Premier Holding (PRHL) 10-Q 20 May 15 2015 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Mar. 31, 2015	15-May-15
Document And Entity Information
Entity Registrant Name	PREMIER HOLDING CORP.
Entity Central Index Key	1030916
Document Type	10-Q
Document Period End Date	31-Mar-15
Amendment Flag	FALSE
Current Fiscal Year End Date	-19
Is Entity a Well-known Seasoned Issuer?	No
Is Entity a Voluntary Filer?	No
Is Entity's Reporting Status Current?	Yes
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		189,204,554
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2015

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Mar. 31, 2015	Dec. 31, 2014
Current Assets
Cash	$640,341	$696,789
Accounts Receivable	1,151,293	1,109,714
Prepaid expenses	4,000	21,623
Inventory	14,802	42,319
Collateral postings	136,997	286,997
Accrued revenue	414,683	479,406
Total Current Assets	2,362,116	2,636,849
Other Assets
Fixed assets, net	49,388	55,557
Goodwill	4,000,000	4,000,000
Collateral deposit	200,000	200,000
Total Assets	6,611,504	6,892,406
Current Liabilities:
Accounts payable and accrued liabilities	1,974,783	1,947,573
Related party payable	219,451	202,233
Convertible note, net	1,337,040	909,500
Note payable-related parties	117,124	141,860
Contingent liability - LP&L acquisition	699,500	692,500
Notes payable	1,045,540	1,236,900
Total Current Liabilities	5,393,438	5,130,566
Long-Term Liabilities:
Long-term debt	200,000	200,000
Total Liabilities	5,593,438	5,330,566
Commitments and Contingencies
Lawsuit liability	62,000	74,000
Stockholders' Equity:
Preferred Stock, 50,000,000 shares authorized, par value $.0001, 200,000, and null shares issued or outstanding	20	20
Common Stock, 450,000,000 shares authorized, par value $.0001, 185,683,227 and 181,567,085 shares issued and outstanding, respectively	18,568	18,157
Common stock to be issued	197,501	289,060
Stock subscription Payable	0	-10,495
Treasury stock	-869,000	-869,000
Additional paid in capital	24,285,345	23,886,440
Accumulated deficit	-22,133,549	-21,326,640
Total Premier Holding Corporation stockholders' equity	1,498,885	1,987,542
Non-controlling interest	-542,819	-499,702
Total Stockholders' Equity	956,066	1,487,840
Total Liabilities and Stockholders' Equity	$6,611,504	$6,892,406

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parenthetical) (USD $)	Mar. 31, 2015	Dec. 31, 2014
Stockholders' Equity:
Preferred stock, par value	$0.00	$0.00
Preferred stock, authorized shares	50,000,000	50,000,000
Preferred stock, issued shares	200,000	200,000
Preferred stock, outstanding shares	200,000	200,000
Common stock, par value	$0.00	$0.00
Common stock, authorized shares	450,000,000	450,000,000
Common stock, issued shares	185,683,227	181,567,085
Common stock, outstanding shares	185,683,227	181,567,085

Consolidated_Statements_of_Ope

Consolidated Statements of Operations (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Revenue
TPC commission revenue	$1,089,085	$653,257
LPL revenue	2,287,852	0
Product revenue	39,474	0
Total Revenue	3,416,410	653,257
Cost of Sales	2,176,000	46,679
Gross Profit	1,240,410	606,578
Operating expenses:
Selling, general and administrative	2,041,756	1,623,956
Total operating expenses	2,041,756	1,623,956
Loss from operations	-801,345	-1,017,378
Other income (expenses):
Interest expense	-41,681	0
Change in fair value of contingent liability - LP&L acquisition	-7,000	0
Total non-operating expenses	-48,681	0
Loss from operations before income taxes, non-controlling interest, and discontinued operations	-850,026	-1,017,378
Net Loss	-850,026	-1,017,378
Net Loss attributable to non-controlling interest	43,117	45,066
Net loss attributable to Premier Holding Corporation	($806,910)	($972,312)
Net income (loss) per common share - basic and diluted	$0	($0.01)
Weighted average common shares - basic and diluted	183,365,454	111,847,320

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Operating Activities:
Net loss	($850,026)	($1,017,378)
Adjustments to reconcile net loss to cash used in operations:
Share based payments issued for services	70,000	241,781
Warrant and option issued for service	64,127	0
Amortization and depreciation expense	13,169	17,154
Change in operating assets and liabilities:
Accounts receivable	-41,579	-105,376
Prepaid expenses	17,623	-9,390
Accounts payable and accrued liabilities	15,211	-38,180
Accrued revenue	64,723	0
Inventory	27,517	0
Collateral deposit and postings	150,000	0
Net cash used in operating activities	-469,236	-911,389
Financing activities:
Advance from related party payable	17,218	80,709
Payment for note payable - related party	-24,736	0
Payment for notes payable	-191,360	0
Proceeds from common stock payable	6,001	0
Proceeds from issuance of common stock	97,664	764,534
Proceeds from convertible notes payable	508,000	0
Net cash provided by financing activities	412,787	845,243
Net decrease in cash	-56,449	-66,146
Cash at beginning of period	696,789	781,569
Cash at end of period	$640,341	$715,423

1_DESCRIPTION_OF_BUSINESS

1. DESCRIPTION OF BUSINESS	3 Months Ended
	Mar. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
DESCRIPTION OF BUSINESS	Premier Holding Corporation (“Premier”) is in the business of establishing energy services companies. Premier was organized under the laws of the State of Nevada on October 18, 1971 under the name of Mr. Nevada, Inc. On November 13, 2008, Premier filed a Certificate of Amendment to Articles of Incorporation with the State of Nevada Secretary of State to change its name from OVM International Holding Corporation to Premier Holding Corporation. These businesses, which were started during 2012, are primarily focused on providing small and large-scale commercial companies with energy solutions to reduce the costs of utilities through consultations as well as product sales and to complete those installations. Additionally providing deregulated power to residential customers in selected states. Premier is organized with a holding company structure such that Premier provides financial and management expertise, which includes access to capital, financing, legal, insurance, mergers, acquisitions, joint ventures and management strategies.
	Premier’s wholly owned subsidiary Energy Efficiency Experts (“E3”) is a U.S. energy service company offering energy efficiency products and services to commercial middle market companies, Fortune 500 brands, developers and management companies of large scale residential developments as well as the general public so long as the product and the solutions fit the market segment. E3’s business is focused as an integrator of clean technology solutions in the U.S., with strategic expansion plans in Latin America, Asia and Europe. E3’s core business expects to deliver green solutions, branded specifically as E3, which include best-of-class alternative energy technology portfolio, and energy reduction technologies in smart lighting controls, LED lighting, energy and power control management systems, and other clean technologies specific to its market.
	On February 28, 2013, Premier acquired an 80% interest in The Power Company USA, LLC (“TPC”) for 30,000,000 shares of Premier’s common stock valued at $4,500,000. TPC is a deregulated power broker which was originally formed as an Illinois limited liability company on November 29, 2010. TPC brokers power to both residential and commercial users in 12 states that allow the distribution of deregulated power.
	Lexington Power & Light, LLC (“LP&L” or “the Company”) was incorporated under the laws of the State of New York on July 8, 2010 as a Limited Liability Company. LP&L markets and sells electricity and natural gas to both commercial and residential customers located primarily in five boroughs of New York City and on Long Island. The Company purchases electricity and natural gas on a wholesale basis pursuant to a combined supply and credit facility agreement.
	On October 22, 2014, Premier entered a Membership Purchase Agreement (“Agreement”) to acquire 85% of the membership interests of Lexington Power & Light, LLC (“LP&L”) from its owners. Under the Agreement, Premier will acquire 85% of LP&L on the Closing Date for 7,500,000 shares of common stock and $500,000 in Promissory Notes, plus earn out payments based upon EBITDA milestones during the 12 months following the Closing Date. As of March 31, 2015, this note is in default. Under the Agreement, Premier has a contingent funding obligation of $1,000,000 of which $500,000 will be used as working capital for LP&L. Under the Agreement, Premier has the option to acquire the remaining 15% of LP&L until December 31, 2018 for $20,000,000 payable 1/2 in cash and 1/2 in common stock. Under the Agreement, Premier will limit its board of directors to five persons, with the members of LP&L having the right to appoint one board member.
	The Company defaulted on its purchase obligations for the LPL in April 2015, which required installment payments every 90 days but no payment had been made in 2015. Per the acquisition agreement, any failure to make timely payments as set forth under the purchase price notes, the original member in Lexington shall have the right to promptly (i) terminate the acquisition agreement and any further obligation hereunder; and (ii) the sale and transfer of Purchased Interests to the Purchaser shall be deemed terminated (the “Termination Rights”); provided, that the Purchaser shall be entitled to retain an amount of Membership Interests equal to (x) the amount of issued and outstanding Membership Interests issued and outstanding multiplied by (y) the quotient of (i) the amount of cash actually paid by the Purchaser pursuant to the Purchase Price Note and (ii) $6,000,000. Both parties are still in the process to finalize the settlement.

2_SUMMARY_OF_SIGNIFICANT_ACCOU

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended
	Mar. 31, 2015
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	Basis of Presentation
	The accompanying unaudited consolidated financial statements have been prepared in accordance with United States generally accepted accounting principles ("U.S. GAAP").
	Principles of Consolidation
	The condensed consolidated financial statements include the accounts of Premier Holding Corporation, LP&L, E3 and TPC as of and for three months ended March 31, 2015. All significant intercompany transactions have been eliminated in consolidation.
	Use of Estimates
	The preparation of the condensed consolidated financial statements in conformity with U. S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
	Significant estimates made in connection with the accompanying condensed consolidated financial statements include the estimate of doubtful accounts receivable, valuation in stock-based compensation, fair values in connection with the analysis of goodwill and long-lived assets for impairment, valuation allowances against net deferred tax assets and estimated useful lives for intangible assets and property and equipment.
	Cash and Cash Equivalents
	Cash and cash equivalents include short-term cash investments that have an initial maturity of 90 days or less. The Company had no cash equivalents as of and March 31, 2015 and 2014.
	As required by the Loan Energy Services Agreement (“LESA”) for LP&L, all utility payments from customer collections have been assigned by the Company and are deposited into a bank account controlled by the lender. Disbursements from the controlled account are subject to specific priority (“waterfall”) provisions and has to be approved by the lender. As of March 31, 2015, the total balance for this bank account is $37,294.
	Revenue Recognition and Cost of Sales
	The Company offers deregulated power and energy efficiency products and services to commercial middle market companies, as well as residential customers. In accordance with the requirements of ASC 605-10-S99 the Company recognizes revenue when (1) persuasive evidence of an arrangement exists (contracts); (2) collectability is reasonably assured (based upon its credit policy). When consultations are provided to customers, the revenue is recognized at the completion of the service when collectability is reasonably assured.
	Energy Efficiency Experts, Inc., offers deregulated power and energy efficiency products and services to commercial middle market companies, as well as residential customers. In accordance with the requirements of ASC 605-10-S99 the Company recognizes revenue when (1) persuasive evidence of an arrangement exists (contracts); (2) delivery has occurred; (3) collectability is reasonably assured (based upon its credit policy). When consultations are provided to customers, the revenue is recognized at the completion of the service when collectability is reasonably assured. For products sold to customers revenue is recognized when title has passed to the customer and collectability is reasonably assured; and no further efforts are required.
	The Power Company USA, LLC. offers deregulated power and energy efficiency products and services to commercial middle market companies, as well as residential customers. In accordance with the requirements of ASC 605-10-S99 the Company recognizes revenue when (1) persuasive evidence of an arrangement exists (contracts); (2) delivery has occurred; (3) the seller’s price is fixed or determinable (per the customer’s contract); and/or (4) collectability is reasonably assured (based upon its credit policy). When consultations are provided to customers, the revenue is recognized at the completion of the service when collectability is reasonably assured. For products sold to customers revenue is recognized when title has passed to the customer and collectability is reasonably assured; and no further efforts are required. For residential contracts provide services, the commission revenue is recognized when the contract is signed, payment is received. For commercial contracts provide services, the commission revenue is recognized when the contract is signed, and the performance is completed, with an appropriate allowance for estimated cancellation.
	Lexington Power & Light, LLC recognize revenue upon delivery of the commodity to the customer. Billed revenue is recognized when the customer’s meter is read, normally once in a thirty day period. Accrued revenue is calculated for each electric and natural gas customer based on the average daily usage derived from the most recent meter read bill times the number of days from the most recent meter read to the end of the month multiplied by the current selling price. The difference between the accrual at the beginning of the month and the end of the month, up or down, is recorded as an adjustment to revenue.
	Lexington Power & Light, LLC recognize cost of sales on a calendar month basis as incurred, except for electric supply and related cost imbalance reconciliations with the Independent System Operators (“ISO”). The imbalance is the difference between the electric supply and related costs scheduled by the Company through its supplier and the actual electric supply and related costs delivered by the ISO to the customers, which results in four and nine month “true-up” balances on each monthly bill from the ISO. These additional balances are recorded in the month they are billed, or credited, to the Company and not retroactively adjusted.
	Our general terms for collection are net 30 days. In certain instances we will provide our customers different terms to accommodate specific business requirements.
	Accounts Receivable
	All accounts receivable are due thirty (30) days from the date billed. If the funds are not received within thirty (30) days the customer is contacted to arrange payment. The Company uses the allowance method to account for uncollectable accounts receivable. As of March 31, 2015 and December 31, 2014, the balance of allowance for bad debts were $27,136 and $0, respectively.
	Accrued revenue is calculated for each electric and natural gas customer based on the average daily usage derived from the most recent meter read bill times the number of days from the most recent meter read to the end of the month multiplied by the current selling price. The difference between the accrual at the beginning of the month and the end of the month, up or down, is recorded as an adjustment to payment.
	Accrued Revenue
	Accrued revenue is calculated for each electric and natural gas customer based on the average daily usage derived from the most recent meter read bill times the number of days from the most recent meter read to the end of the month multiplied by the current selling price. The difference between the accrual at the beginning of the month and the end of the month, up or down, is recorded as an adjustment to payment.
	Non-controlling Interest
	Non-controlling interests in our subsidiary is recorded as a component of our equity, separate from the parent’s equity. Purchase or sales of equity interests that do not result in a change of control are accounted for as equity transactions. Results of operations attributable to the non-controlling interest are included in our consolidated results of operations and, upon loss of control, the interest sold, as well as interest retained, if any, will be reported at fair value with any gain or loss recognized in earnings. The Company maintains an 80% limited interest in The Power Company USA, LLC. and the remaining 20% non-controlling interest is held by The Power Company USA, LLC. And the Company maintains an 85% limited interest in Lexington Power & Light, LLC and the remaining 15% non-controlling interest is held by Lexington Power & Light, LLC.
	Earnings/Loss Per Share
	The Company has adopted the FASB ASC Topic 260 regarding earnings / loss per share, which provides for calculation of “basic” and “diluted” earnings / loss per share. Basic earnings / loss per share includes no dilution and is computed by dividing net income / loss available to common shareholders by the weighted average common shares outstanding for the period. Diluted earnings / loss per share reflect the potential dilution of securities that could share in the earnings of an entity similar to fully diluted earnings / loss per share. The Company excludes equity instruments from the calculation of diluted earnings per share if the effect of including such instruments is anti-dilutive. As of March 31, 2015, the Company has 3,800,000 stock options outstanding and 4,643,027 warrants outstanding. As of December 31, 2014, the Company has 3,800,000 stock options outstanding and 2,793,694 warrants outstanding. Convertible debt as of March 31, 2015 for $1,417,500, these convertible debt can be converted between six months to one year from the original loan agreement date.
	Income Tax
	Deferred income tax is provided for differences between the bases of assets and liabilities for financial and income tax reporting. A deferred tax asset, subject to a valuation allowance, is recognized for estimated future tax benefits of tax-basis operating losses being carried forward. Income taxes are provided based upon the liability method of accounting pursuant to the FASB ASC Topic 740-10-30 concerning Income Taxes. Under this approach, deferred income taxes are recorded to reflect the tax consequences in future years of differences between the tax basis of assets and liabilities and their financial reporting amounts at each year-end. A valuation allowance is recorded against the deferred tax asset if management does not believe the Company has met the “more likely than not” standard imposed by the FASB ASC Topic 740-10-30 concerning Income Taxes to allow recognition of such an asset.
	Inventory
	Inventory, which consists of natural gas, is a fungible commodity that is stated at the most recent cost, which is fair market value. The inventory value at March 31, 2015 and December 31, 2014 was $14,802 and $42,319.
	Stock-Based Compensation
	We periodically issue stock options and warrants to employees and non-employees in non-capital raising transactions for services and for financing costs. We account for stock option and warrant grants issued and vesting to employees based on Financial Accounting Standards Board (FASB) ASC Topic 718, “Compensation – Stock Compensation”, whereas the award is measured at its fair value at the date of grant and is amortized ratably over the service period. We account for stock option and warrant grants issued and vesting to non-employees in accordance with ASC Topic 505, “Equity”, whereas the value of the stock compensation is based upon the measurement date as determined at either (a) the date at which a performance commitment is reached, or (b) at the date at which the necessary performance to earn the equity instruments is complete.
	Goodwill
	The Company periodically reviews the carrying value of intangible assets not subject to amortization, including goodwill, to determine whether impairment may exist. Goodwill and certain intangible assets are assessed annually, or when certain triggering events occur, for impairment using fair value measurement techniques. These events could include a significant change in the business climate, legal factors, a decline in operating performance, competition, sale or disposition of a significant portion of the business, or other factors. Specifically, goodwill impairment is determined using a two-step process. The first step of the goodwill impairment test is used to identify potential impairment by comparing the fair value of a reporting unit with its carrying amount, including goodwill. Premier uses level 3 inputs and a discounted cash flow methodology to estimate the fair value of a reporting unit. A discounted cash flow analysis requires one to make various judgmental assumptions including assumptions about future cash flows, growth rates, and discount rates. The assumptions about future cash flows and growth rates are based on the Company’s budget and long-term plans. Discount rate assumptions are based on an assessment of the risk inherent in the respective reporting units. If the fair value of a reporting unit exceeds its carrying amount, goodwill of the reporting unit is considered not impaired and the second step of the impairment test is unnecessary. If the carrying amount of a reporting unit exceeds its fair value, the second step of the goodwill impairment test is performed to measure the amount of impairment loss, if any. The second step of the goodwill impairment test compares the implied fair value of the reporting unit’s goodwill with the carrying amount of that goodwill.  If the carrying amount of the reporting unit’s goodwill exceeds the implied fair value of that goodwill, an impairment loss is recognized in an amount equal to that excess. The implied fair value of goodwill is determined in the same manner as the amount of goodwill recognized in a business combination. That is, the fair value of the reporting unit is allocated to all of the assets and liabilities of that unit (including any unrecognized intangible assets) as if the reporting unit had been acquired in a business combination and the fair value of the reporting unit was the purchase price paid to acquire the reporting unit.
	Long-lived Assets
	The Company assesses long-lived assets, including intangible assets, for impairment in accordance with the provisions of FASB ASC 360 “Property, Plant and Equipment”. A long-lived asset (or group of assets) shall be tested for recoverability whenever events or changes in circumstances indicate that its carrying amount may not be recoverable. The carrying amount of a long lived asset is not recoverable if it exceeds the sum of the undiscounted net cash flows expected to result from the use and eventual disposition of the asset. The amount of impairment loss, if any, is measured as the difference between the net book value of the asset and its estimated fair value. For purposes of these tests, long-lived assets must be grouped with other assets and liabilities for which identifiable cash flows are largely independent of the cash flows of other assets and liabilities. The Company follows ASC Topic 350 in accounting for intangible assets, which requires impairment losses to be recorded when indicators of impairment are present and the undiscounted cash flows estimated to be generated by the assets are less than the assets’ carrying amounts.
	Fair Value Measurements
	On January 1, 2011, Premier adopted guidance which defines fair value, establishes a framework for using fair value to measure financial assets and liabilities on a recurring basis, and expands disclosures about fair value measurements. Beginning on January 1, 2011, Premier also applied the guidance to non-financial assets and liabilities measured at fair value on a non-recurring basis, which includes goodwill and intangible assets. The guidance establishes a hierarchy for inputs used in measuring fair value that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the most observable inputs be used when available. Observable inputs are inputs that market participants would use in pricing the asset or liability developed based on market data obtained from sources independent of Premier. Unobservable inputs are inputs that reflect Premier’s assumptions of what market participants would use in pricing the asset or liability developed based on the best information available in the circumstances. The hierarchy is broken down into three levels based on the reliability of the inputs as follows:
	Level 1 - Valuation is based upon unadjusted quoted market prices for identical assets or liabilities in active markets that Premier has the ability to access.
	Level 2 - Valuation is based upon quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in inactive markets; or valuations based on models where the significant inputs are observable in the market.
	Level 3 - Valuation is based on models where significant inputs are not observable. The unobservable inputs reflect Premier's own assumptions about the inputs that market participants would use.
	Premier’s financial instruments consist of cash, accounts receivable, note receivable, accounts payable, note payable and accrued liabilities. The estimated fair value of cash, accounts receivable, note receivable, accounts payable, note payable and accrued liabilities approximate their carrying amounts due to the short-term nature of these instruments.
	Certain non-financial assets are measured at fair value on a nonrecurring basis. Accordingly, these assets are not measured and adjusted to fair value on an ongoing basis but are subject to periodic impairment tests. These items primarily include long-lived assets, goodwill and other intangible assets.
	Concentration of Credit Risk
	The Company maintains its cash in multiple financial institutions. The Company limits the amount of credit exposure to each individual financial institution and places its temporary cash into investments of high credit quality with a financial institution that exceeds federally insured limits. The Company has not experienced any losses related to these balances and believes its credit risk to be minimal.
	Reclassifications
	Certain prior year amounts have been reclassified to conform to the current year presentation. Such reclassifications had no impact on previously reported net loss.
	RECENTLY ISSUED AND ADOPTED ACCOUNTING PRONOUNCEMENTS
	In May 2014, the FASB issued Accounting Standards Update No. 2014-09, “Revenue from Contracts with Customers” (ASU 2014-09), which supersedes nearly all existing revenue recognition guidance under U.S. GAAP. The core principle of ASU 2014-09 is to recognize revenues when promised goods or services are transferred to customers in an amount that reflects the consideration to which an entity expects to be entitled for those goods or services. ASU 2014-09 defines a five step process to achieve this core principle and, in doing so, more judgment and estimates may be required within the revenue recognition process than are required under existing U.S. GAAP. The standard is effective for annual periods beginning after December 15, 2016, and interim periods therein, using either of the following transition methods: (i) a full retrospective approach reflecting the application of the standard in each prior reporting period with the option to elect certain practical expedients, or (ii) a retrospective approach with the cumulative effect of initially adopting ASU 2014-09 recognized at the date of adoption (which includes additional footnote disclosures). Early adoption is not permitted. The Company is currently evaluating the impact of the pending adoption of ASU 2014-09 on its consolidated financial statements and has not yet determined the method by which it will adopt the standard beginning January 1, 2017.
	In August, 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (ASU) No. 2014-15, Presentation of Financial Statements – Going Concern (Subtopic 205-40), which now requires management to evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the entity’s ability to continue as a going concern within one year after the date the financial statements are issued. If conditions or events raise substantial doubt about an entity’s ability to continue as a going concern, and substantial doubt is not alleviated after consideration of management’s plans, additional disclosures are required. The amendments in this update are effective for the annual period ending after December 15, 2016, and for annual periods and interim periods thereafter. Early application is permitted. These requirements were previously included within auditing standards and federal securities law, but are now included within U.S. GAAP. The Company is evaluating the effect, if any, the adoption of ASU 2013-02 will have on its consolidated financial statements and related disclosures.
	Other recent accounting pronouncements issued by the FASB (including its Emerging Issues Task Force) and the United States Securities and Exchange Commission did not or are not believed by management to have a material impact on the Company’s present or future financial statements.

3_GOING_CONCERN

3. GOING CONCERN	3 Months Ended
	Mar. 31, 2015
Going Concern
GOING CONCERN	The Company has sustained operating losses of $22,133,549. The Company’s continuation as a going concern is dependent on management’s ability to develop profitable operations, and / or obtain additional financing from its stockholders and / or other third parties.
	The accompanying consolidated financial statements have been prepared assuming that the Company will continue as a going concern; however, the above conditions raise substantial doubt about the Company’s ability to do so. The consolidated financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classifications of liabilities that may result should the Company be unable to continue as a going concern.
	If management projections are not met, the Company may have to reduce its operating expenses and to seek additional funding through debt and/or equity offerings.

4_OTHER_ASSETSCOLLATERAL_POSTI

4. OTHER ASSETS-COLLATERAL POSTINGS AND DEPOSIT	3 Months Ended
	Mar. 31, 2015
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
OTHER ASSETS-COLLATERAL POSTINGS AND DEPOSIT	Collateral Postings and Deposit represent collateral balances held by the ISO for electricity and by various pipeline transmission entities for natural gas. Collateral postings held by the ISO as of March 31, 2015 were $262,145. Natural gas collateral postings as of March 31, 2015 were $74,852. The $200,000 collateral deposit held by the ISO as of March 31, 2015 will be repaid by the ISO only when the Company ceases selling electricity to its customers and, as such, has been classified as non-current. All collateral balances are financed pursuant to the current Loan Energy Services Agreement (“LESA”).

5_ACQUISITIONS_GOODWILL

5. ACQUISITIONS & GOODWILL	3 Months Ended
	Mar. 31, 2015
Business Combinations [Abstract]
ACQUISITIONS & GOODWILL	The following table presents details of the Company’s Goodwill as of March 31, 2015 and December 31, 2014:
		Active ES			The Power			Lexington			Total
		Lighting			Company			Power &			Company
		Controls, Inc.			USA,LLC			Light, LLC
	Balances as of January 1, 2014:	$	55,750		$	4,500,000		$	–		$	4,555,750
	Aggregate goodwill acquired		–			–			2,859,151			2,859,151
	Impairment losses		(55,750	)		(500,000	)		(2,859,151	)		(3,414,901	)
	Balance as of December 31, 2014:	$	–		$	4,000,000		$	–		$	4,000,000
	Aggregate goodwill acquired		–			–			–			–
	Impairment losses		–			–			–			–
	Balance as of March 31, 2015:	$	–		$	4,000,000		$	–		$	4,000,000
	Active ES Lighting Controls, Inc. Acquisition
	On July 25, 2012, Premier acquired the assets of the Active ES Lighting Controls, Inc. (“AES”) business by completing the transactions contemplated under an asset purchase agreement dated July 25, 2012 (the “Agreement”) with AES.  In accordance with the terms of the Agreement, the purchase price for the acquisition consisted of the following components: (i) 750,000 shares of Premier’s common stock issued at closing; (ii) $30,000 in cash paid at closing; (iii) a payable, due December 31, 2012, of Premier in the principal amount of $15,000; (v) contingent shares payable (payable 12 months after closing of the transaction) of a number of shares of common stock of Premier, which resulted in the issuance of 875,000 shares on September 12, 2013.
	The Power Company USA, LLC Share Exchange
	On February 28, 2013 Premier acquired 80% of the outstanding membership units of The Power Company USA, LLC, an Illinois limited liability company (“TPC” or “The Power Company”), a deregulated power broker in Illinois for thirty million 30,000,000 shares of Premier’s common stock valued at $4,500,000.
	The total purchase price for The Power Company USA, LLC acquisition was allocated as follows:
	Goodwill	$	4,500,000
	Total assets acquired	$	4,500,000
	The purchase price consists of the following:
	Common Stock	$	4,500,000
	Total purchase price	$	4,500,000
	Lexington Power & Light, LLC
	On October 22, 2014, Premier entered a Membership Purchase Agreement (“Agreement”) to acquire 85% of the membership interests of Lexington Power & Light, LLC (“LP&L”) from its owners. Under the Agreement, Premier acquired 85% of LP&L on the Closing Date for 7,500,000 shares of common stock and $500,000 in Promissory Notes, plus earn out payments based upon EBITDA milestones during the 12 months following the Closing Date. Under the Agreement, Premier has a contingent funding obligation of $1,000,000 of which $500,000 will be used as working capital for LP&L. Under the Agreement, Premier has the option to acquire the remaining 15% of LP&L until December 31, 2018 for $20,000,000 payable 1/2 in cash and 1/2 in common stock. Under the Agreement, Premier will limit its board of directors to five persons, with the members of LP&L having the right to appoint one board member. The fair value of non-controlling interest as of acquisition date is $(151,616). Also, there is earn out payments to the members of Lexington that the Company achieving an EBITDA of at least $2,500,000 for the most recent completed 12 fiscal months from the preceding year, the Company shall be entitled $500,000 cash and 2,500,000 shares of restricted common stock. In addition, in the event the purchaser or any subsidiary thereof does not direct customer referral resulting in gross revenues for the Company of at least $50,000,000 on an annual basis during the earn out period, the members shall be entitled to $500,000 and 2,500,000 shares of restricted common stock.
	The total purchase price for the Lexington Power & Light, LLC acquisition was allocated as follows:
	Cash	$	985,798
	Accounts receivable		383,819
	Inventory		55,020
	Accrued revenue		337,522
	Equipment		35,342
	Goodwill		2,859,151
	Other assets		527,176
	Total assets acquired		5,183,828
	Accounts payable and accrued liabilities		(1,960,176	)
	Note payable		(1,175,268	)
	Long term note payable		(200,000	)
	Total liabilities assumed		(3,335,444	)
	Non-Controlling interest		151,616
	Net assets acquired	$	2,000,000
	The purchase price consists of the following:
	Note payable	$	500,000
	Earn out payment		750,000
	Common stock		750,000
	Total purchase price	$	2,000,000

6_INTANGIBLES_ASSETS_NET

6. INTANGIBLES ASSETS, NET	3 Months Ended
	Mar. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
INTANGIBLES ASSETS, NET	The following table presents details of the Company’s total purchased intangible assets as of December 31, 2014:
		Balance		Additions		Amortization			Impairment			Balance
		12/31/13										12/31/14
	IP/Technology – Patents	$	120,092	$	–	$	(33,514	)	$	(86,578	)	$	–
	Non-compete Agreement		65,232		–		(7,600	)		(57,632	)		–
	Trademarks & Service Marks		16,042		–		(16,042	)		–			–
		$	201,366	$	–	$	(57,156	)	$	(144,210	)	$	–
	For three months ended March 31, 2015 and 2014, the Company’s recorded amortization expense related to the purchased intangibles of $0 and $17,154, respectively.

7_LOAN_ENERGY_SERVICES_AGREEME

7. LOAN ENERGY SERVICES AGREEMENT	3 Months Ended
	Mar. 31, 2015
Loan Energy Services Agreement
Loan Energy Services Agreement	In December 2011, LP&L entered into a three year Loan Energy Services Agreement (“LESA”) with a private lender for a $5,000,000 line-of-credit to finance 90% of POR related Accounts Receivable and Accrued Revenue, 80% of Inventory and 80% of the present value of variable and fixed price contracts. The lender charges 10% per annum on the monthly line utilization and the deferred supply balance, if any, plus 1% per annum as a commitment fee on the unused portion of the line. Utilization is defined as the largest balance outstanding on any given day during the month that is the total of all collateral postings and deposits, the mark-to-market exposure and the current supply balance payable. The lender also advanced monies that were used for a customer marketing program in 2013 and charges 15% per annum on the outstanding balance related thereto. Utilization and commitment fees charged by the lender as interest expense for the three months ended March 31, 2015 were $43,797 and $5,047, respectively.
	Also pursuant to the LESA, the lender charges monthly commodity fees based of the volume of electricity and natural gas purchases at a rate of $2.25 per MWh and $.13 per MMBtu, respectively. The lender also charges 2% of the electric capacity purchased each month. The lender charged total commodity fees of $55,116 for three months ended March 31, 2015, which were included in Cost of Sales.
	As required by the LESA, all utility payments from customer collections have been assigned by the Company and are deposited into a bank account controlled by the lender. Disbursements from the controlled account are subject to specific priority (“waterfall”) provisions.
	On April 28, 2015, the LESA was renewed for an additional twelve months pursuant to amended terms and conditions (see Note 14).

8_CONVERTIBLE_NOTES_PAYABLE

8. CONVERTIBLE NOTES PAYABLE	3 Months Ended
	Mar. 31, 2015
Convertible Notes Payable [Abstract]
CONVERTIBLE NOTES PAYABLE	Between July 15, 2014 and March 9, 2015, the Company entered into convertible notes with external parties for use as operating capital for a total of $1,164,500. The convertible notes payable agreements require the Company to repay the principal, together with 10-18% annual interest by the agreements’ expiration dates ranging between July 15 and March 9, 2020. The notes are secured and mature five years from the issuance date. One year from the contract date, the holders may elect to convert the note in whole or in part into shares of common stock at a conversion price of 80% of closing market price on the last day of the month upon which the maturity date falls.
	Between March 9 and March 31, 2015, the Company entered into convertible notes with external parties for use as operating capital for a total of $253,000. The convertible notes payable agreements require the Company to repay the principal, together with 12% annual interest by the agreements’ expiration dates ranging between March 9 and March 30, 2018. The notes are secured and mature three years from the issuance date. Six months from the contract date, the holders may elect to convert the note in whole or in part into shares of common stock at $0.15. Two warrants were issued along with each note, (1) a warrant to purchase an amount of equal to 50% of face value of the note at an exercise price $0.15 for a period of three years following the note issuance date. (2) a warrant to purchase an amount of equal to 50% of face value of the note at an exercise price $0.25 for a period of three years following the note issuance date.
	During three months ended March 31, 2015, the Company recorded an interest expense of $40,493.
	The Company analyzed the conversion option of the notes for derivative accounting consideration under ASC 815-15 “Derivatives and Hedging” and determined that the instrument should be classified as liabilities once the conversion option becomes effective after one year due to there being no explicit limit to the number of shares to be delivered upon settlement of the above conversion options for the notes issued.

9_NOTES_PAYABLE

9. NOTES PAYABLE	3 Months Ended
	Mar. 31, 2015
Notes Payable [Abstract]
NOTES PAYABLE	As of March 31, 2015, notes payable includes financed collateral postings and the marketing program balance of $137,040 and $500,000, respectively pursuant to the LESA (see Note 7). The Long Term Note Payable is related to the collateral deposit held by the ISO of $200,000 as of March 31, 2015. Interest charged by the lender related to the financed collateral postings for three months ended March 31, 2015was included in the utilization charges of $43,797. Interest expense related to the financed marketing program for three months ended March 31, 2015 was $34,075.
	On October 22, 2014, the Company entered into a note for acquisition of 85% of Lexington in amount of $325,000. The notes payable agreements require the Company to repay the principal, together with imputed federal rate for term of the note. This Promissory Note (this “Note”) shall be payable as follows: (i) an initial payment of $40,625 payable within forty-five (45) days following the date hereof (the “Initial Payment Date”); and (ii) seven (7) equal monthly installments of $40,625 commencing ninety (90) days following the Initial Payment Date and each installment ninety (90) days thereafter (each an “Installment Date”). The Maker may prepay this entire Note at any time without premium or penalty. Any prepayment will be applied first against accrued, but unpaid interest and then against the outstanding principal balance. As of March 31, 2015, outstanding balance of this note is $315,375. The Company is in default on this note in 2015 due to no installments paid.
	On October 22, 2014, the Company entered into a note for acquisition of 85% of Lexington in amount of $175,000. The notes payable agreements require the Company to repay the principal, together with imputed federal rate for term of the note. This Promissory Note (this “Note”) shall be payable as follows: (i) an initial payment of $21,875 payable within forty-five (45) days following the date hereof (the “Initial Payment Date”); and (ii) seven (7) equal monthly installments of $21,875 commencing ninety (90) days following the Initial Payment Date and each installment ninety (90) days thereafter (each an “Installment Date”). The Maker may prepay this entire Note at any time without premium or penalty. Any prepayment will be applied first against accrued, but unpaid interest and then against the outstanding principal balance. As of March 31, 2015, outstanding balance of this note is $167,975. The Company is in default on this note in 2015 due to no installments paid.
	During 2013, The Power Company USA, LLC Share Exchange entered into a line of credit with Energy Me in amount of $50,000. This loan bears no interest, and shall be repaid $2,000 per month. As of March 31, 2015, outstanding balance of this loan is $2,000.

10_CAPITAL_STOCK_TRANSACTIONS

10. CAPITAL STOCK TRANSACTIONS	3 Months Ended
	Mar. 31, 2015
Equity [Abstract]
CAPITAL STOCK TRANSACTIONS	Preferred Stock
	On June 3, 2013, the Company filed a Certificate of Amendment of Articles of Incorporation with the State of Nevada Secretary of State giving it the authority to issue 50,000,000 shares of preferred stock with a par value of $0.0001 per share. As of March 31, 2015 there were 200,000 preferred shares issued and outstanding.
	On March 31, 2014, the Board of Directors of the Company approved the creation of a Series A Non-Voting Convertible Preferred Stock (the “Series A”). As of March 31, 2015, the Company filed a Certificate of Designation for the Company’s Series A in Nevada. No shares of Series A have been issued, but the Company is authorized to issue up to 7,000,000 shares. In general, each share of Series A Non-Voting Convertible Preferred Stock has no voting or dividend rights, a Stated Value of $1.00 per share, and is convertible nine months after issuance into common stock at the conversion price equal to one-tenth (1/10) of the Stated Value.
	On April 8, 2014, the Company entered into preferred stock purchase agreements with an investor for the sale of 200,000 shares of its preferred stock at $1 per share in total of $200,000.
	Common Stock
	During three months ended March 31, 2015, the Company entered into a series of stock purchase agreements with accredited investors for the sale of 3,116,142 shares of its common stock in amount of $97,664. Additionally, 1,000,000 shares of common stock were issued for certain consulting services provided in 2014 valued at $0.07 per share, based upon the fair value of the common stock on the measurement date in total of $70,000 which was recognized as reduction of debt. There was no underwriter, no underwriting discounts or commissions, no general solicitation, no advertisement, and resale restrictions were imposed by placing a Rule 144 legend on the certificates. The persons who received securities have such knowledge in business and financial matters that he/she/it is capable of evaluating the merits and risks of the transaction. This transaction was exempt from registration under the Securities Act of 1933, based upon Section 4(2) for transactions by the issuer not involving any public offering.
	Common Stock Options
	A summary of option activity as of March 31, 2015 and changes during three months ended is presented below:
			Number		Weighted-Average		Weighted-Average		Aggregate
			Outstanding		Exercise Price		Remaining		Intrinsic
					Per Share		Contractual Life		Value
							(Years)
	Outstanding at January 1, 2015			3,800,000	$	0.04		1.1		–
	Granted			–		–		–		–
	Exercised			–		–		–		–
	Canceled/forfeited/expired			–		–		–		–
	Outstanding at March 31, 2015			3,800,000	$	0.04		0.85		–
	Options vested and exercisable at March 31, 2015			3,800,000	$	0.04		0.85		–
	On March 31, 2014, the Board of Directors of the Company approved a new Employment Agreement with the Company’s Chief Executive Officer, Randy Letcavage. The Employment Agreement has an effective date of January 1, 2014 and replaces all prior agreements between the Company and Mr. Letcavage. The Employment Agreement provides for an annual base salary of $240,000, a discretionary bonus of $50,000 over each 12-month period, expense reimbursement, and a grant of stock options on 5,000,000 shares vesting over 2 years at an initial exercise price per share equal to $.0025 per share. Stock options are vesting at the following rate:
		·	1,000,000 (one million) Shares of Common Stock on the Commencement Date;
		·	1,000,000 (one million) Shares of Common Stock on the sixth (6th) month anniversary of the Commencement Date;
		·	1,000,000 (one million) Shares of Common Stock on the first anniversary of the Commencement Date;
		·	1,000,000 (one million) Shares of Common Stock on the 18th month anniversary of the Commencement Date; and
		·	1,000,000 (one million) Shares of Common Stock on the second anniversary of the Commencement Date.
	In addition the Corporation agreed to indemnify Mr. Letcavage to the fullest extent permitted by law for claims related to Mr. Letcavage’s role as an officer and director of the Company, or its subsidiaries. As of March 31, 2015, $545,197 has been recorded as his stock based compensation. As of March 31, 2015, there was $327,119 unrecognized cost related to the stock options, which will be recognized in 2015.
	On December 31, 2014, the Board of Directors of the Company granted all three board member each 150,000 shares of stock options vesting immediately at an initial exercise price per share equal to $.15 per share.
	The Company valued the options using the following assumptions: dividend yield of zero, years to maturity of between 0.5 and 5 years, risk free rates of between 1.65 and 1.73 percent, and annualized volatility of between 108% and 217%.
	Common Stock Warrants
	A summary of non-employee warrant activity during three months ended as of March 31, 2015 is presented below:
			Number		Weighted-Average		Weighted-Average
			Outstanding		Exercise Price		Remaining
					Per Share		Contractual
							Life (Years)
	Outstanding at January 1, 2015			2,793,694	$	0.157		1.1
	Granted			1,849,333		0.15		3.46
	Exercised			–		–		–
	Canceled/forfeited/expired			–		–		–
	Outstanding at March 31, 2015			4,643,027	$	0.175		1.89
	Warrants vested and exercisable at March 31, 2015			4,643,027	$	0.175		1.89

11_RELATED_PARTY_TRANSACTIONS

11. RELATED PARTY TRANSACTIONS	3 Months Ended
	Mar. 31, 2015
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	During three months ended March 31, 2015 and March 31, 2014, Mr. Letcavage (directly or through related entities) recorded $60,000 and $60,000 respectively as compensation for his role as our CEO.
	Name of related parties	Relationship with the Company
	iCapital Advisory	Consultant company owned by the CEO of Premier Holding Corporation
	Jamp Promotion	Company owned by Patrick Farah, the managing director of The Power Company
	Sebo Service	Company owned by Shadie Kalkas, the managing director of The Power Company
			31-Dec-14		31-Mar-15
	iCapital Advisory-Consulting services		$	80,750	$	127,363
	Commission to Jamp Promotion			85,462		56,067
	Commission to Sebo Service			36,021		36,021
				202,233		219,451
	Additionally, we have also reviewed the facts and circumstance of our relationship with Nexalin Technology and iCapital Advisory and have assessed whether these two companies are variable interest entities (VIE). Based on the guidance provided in ASC 810, these two companies are not considered VIEs. The Company is not the primary beneficiary of Nexalin Technology and iCapital Advisory, whether those two companies have any income (losses) as of March 31, 2015, it would not be absorbed by Premier Holding Corporation.
	Lexington – Related Party Note Payable
	Includes a balance of $117,124 at March 31, 2015, which represents monies previously advanced to LP&L by the minority members for working capital. The amount due is unsecured, non-interest bearing and is payable upon demand.

12_LITIGATION

12. LITIGATION	3 Months Ended
	Mar. 31, 2015
Litigation
LITIGATION	Whitaker Energy, LLC
	In 2013, Whitaker Energy, LLC (“WE”) filed a civil action the Superior Court of Dekalb County, State of Georgia, Case No. 13-CV8610-6, against The Power Company, USA, LLC and Premier Holding Company alleging that TPC is in default under its obligations to WE under a promissory note pursuant to which WE loaned TPC $150,000 in 2012 concurrent with WE’s purchase of a membership interest in TPC. Under the terms of the loan between TPC and WE, TPC owes a monthly payment to WE, the amount of which varies each month and is based on the number of contracts TPC enters into from door-to-door sales and call centers. TPC and WE dispute the number of contracts entered into by TPC after certain adjustments and charge-backs from cancellation of contracts by consumers. Under the complaint, WE seeks to recover $93,080 of principal under the loan, plus prejudgment interest in the amount of $9,184 and reasonable attorneys’ fees and expenses of the litigation. Also, WE seeks an order from the court for access to TPC’s books and records. TPC and Premier Holding Corporation dispute the claim by WE that TPC is in default under the loan between TPE and WE. As of April 23, 2014 the parties to the litigation have negotiated a settlement of the litigation which would include a monthly payment by TPC to WE of $4,000 in payment of the principal due and interest incurred by WE. Under the terms of the settlement, WE will recover a total of $110,000 plus interest on unpaid amounts. As of March 31, 2015, the Company has paid six payments total of $48,000, which $62,000 remaining balance reflected on the balance sheet at March 31, 2015.
	Hi-Tech Specialists, Inc.
	Prior to its acquisition by The Power Company, Hi-Tech Specialists, Inc. filed suit against U.S.E.C. LLC d/b/a/ US Energy Consultants and Michail Skachko concerning the parties’ agreement seeking damages in an amount in excess of $789,077. The nature of the litigation relates to a contract between the parties wherein Hi-Tech Specialists was to solicit service agreements on behalf of U.S.E.C. The suit is ongoing and The Power Company is aggressively pursuing its claim against the parties named.
	LP&L rents office space under several non-cancelable operating lease agreements in the same commercial building that commenced beginning in March 2014, all of which expire February 28, 2016. The future annual rental payments required under these operating lease agreements for 2015 and 2016 are $46,867 and $7,849, respectively.
	As of December 31, 2013, LP&L had a contingent liability related to a complaint filed by a single commercial customer with the New York Public Service Commission seeking a reimbursement of $40,000. The Company has determined it appropriate under the circumstances to recognize and record this loss contingency, which has been included in Accounts Payable and Accrued Expenses at March 31, 2015.

13_SEGMENT_REPORTING

13. SEGMENT REPORTING	3 Months Ended
	Mar. 31, 2015
Segment Reporting [Abstract]
SEGMENT REPORTING	The Company operates in two segments which are characterized as: (1) Deregulated power broker in TPC and (2) sells electricity and natural gas in LP&L.
	The following tables summarize segment information for three months ended March 31, 2015 and 2014:
		31-Mar-15			31-Mar-14
	Net revenue
	TPC	$	1,089,085		$	653,257
	LP&L		2,287,851			–
	Parent Company & Others		39,474			–
	Consolidated	$	3,416,410		$	653,257
	Gross profit
	TPC	$	1,089,085		$	606,578
	LP&L		143,104			–
	Parent Company & Others		8,221			–
	Consolidated	$	1,240,410		$	606,578
	Income (Loss) from operations
	TPC	$	(11,986	)	$	(147,007	)
	LP&L		(271,463	)		–
	Parent Company & Others		(517,896	)		(870,371	)
	Consolidated	$	(801,345	)		(1,017,378	))

14_SUBSEQUENT_EVENTS

14. SUBSEQUENT EVENTS	3 Months Ended
	Mar. 31, 2015
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	On April 28, 2015, the LESA was renewed with the same lender for an additional twelve months and will automatically extend for an additional two years if LP&L fails to provide at least 90 days written notice prior to the end of month twelve. The $5,000,000 line-of-credit facility will finance 100% of cash on deposit in lender controlled accounts, 90% of POR related Accounts Receivable (less any taxes owing and POR fees), 85% of Non-POR Accounts Receivable (less any taxes owing), 80% of Natural Gas Storage Inventory and the Adjusted Forward Value of Customer Contracts, the sum total of which will be reduced by 60 days of estimated operating expenses. The lender will charge 6% per annum on utilization related to the current supply balance and mark-to market exposure, 10% per annum on utilization related to third party postings and any deferred supply balance, 15% per annum on actual working capital advances plus 1% per annum as a commitment fee on the unused portion of the line. The lender will also charge monthly commodity fees based of the volume of electricity and natural gas purchases at an initial rate of $1.25 per MWh and $.08 per MMBtu, respectively. The commodity fee for electric will volumetrically reduce to $.75per MWh beginning when LP&L has contracted Residential Customer Equivalents (RCE’s) in excess of 50,000. The lender will also charge 1% of the electric capacity purchased each month. As part of the renewal, the lender required the current outstanding working capital balance of $500,000 related to the 2013 customer marketing program to be repaid over 25 months with payments of approximately $24,000 per month including interest at a rate of 15% per annum.
	The Company defaulted on its purchase obligations for the LPL in April 2015, which required installment payments every 90 days but no payment had been made in 2015. Per the acquisition agreement, any failure to make timely payments as set forth under the purchase price notes, the original member in Lexington shall have the right to promptly (i) terminate the acquisition agreement and any further obligation hereunder; and (ii) the sale and transfer of Purchased Interests to the Purchaser shall be deemed terminated (the “Termination Rights”); provided, that the Purchaser shall be entitled to retain an amount of Membership Interests equal to (x) the amount of issued and outstanding Membership Interests issued and outstanding multiplied by (y) the quotient of (i) the amount of cash actually paid by the Purchaser pursuant to the Purchase Price Note and (ii) $6,000,000. Both parties are still in the process to finalize the settlement.

2_SUMMARY_OF_SIGNIFICANT_ACCOU1

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	3 Months Ended
	Mar. 31, 2015
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation
	The accompanying unaudited consolidated financial statements have been prepared in accordance with United States generally accepted accounting principles ("U.S. GAAP").
Principles of Consolidation	Principles of Consolidation
	The condensed consolidated financial statements include the accounts of Premier Holding Corporation, LP&L, E3 and TPC as of and for three months ended March 31, 2015. All significant intercompany transactions have been eliminated in consolidation.
Use of Estimates	Use of Estimates
	The preparation of the condensed consolidated financial statements in conformity with U. S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
	Significant estimates made in connection with the accompanying condensed consolidated financial statements include the estimate of doubtful accounts receivable, valuation in stock-based compensation, fair values in connection with the analysis of goodwill and long-lived assets for impairment, valuation allowances against net deferred tax assets and estimated useful lives for intangible assets and property and equipment.
Cash and Cash Equivalents	Cash and Cash Equivalents
	Cash and cash equivalents include short-term cash investments that have an initial maturity of 90 days or less. The Company had no cash equivalents as of and March 31, 2015 and 2014.
	As required by the Loan Energy Services Agreement (“LESA”) for LP&L, all utility payments from customer collections have been assigned by the Company and are deposited into a bank account controlled by the lender. Disbursements from the controlled account are subject to specific priority (“waterfall”) provisions and has to be approved by the lender. As of March 31, 2015, the total balance for this bank account is $37,294.
Revenue Recognition and Cost of Sales	Revenue Recognition and Cost of Sales
	The Company offers deregulated power and energy efficiency products and services to commercial middle market companies, as well as residential customers. In accordance with the requirements of ASC 605-10-S99 the Company recognizes revenue when (1) persuasive evidence of an arrangement exists (contracts); (2) collectability is reasonably assured (based upon its credit policy). When consultations are provided to customers, the revenue is recognized at the completion of the service when collectability is reasonably assured.
	Energy Efficiency Experts, Inc., offers deregulated power and energy efficiency products and services to commercial middle market companies, as well as residential customers. In accordance with the requirements of ASC 605-10-S99 the Company recognizes revenue when (1) persuasive evidence of an arrangement exists (contracts); (2) delivery has occurred; (3) collectability is reasonably assured (based upon its credit policy). When consultations are provided to customers, the revenue is recognized at the completion of the service when collectability is reasonably assured. For products sold to customers revenue is recognized when title has passed to the customer and collectability is reasonably assured; and no further efforts are required.
	The Power Company USA, LLC. offers deregulated power and energy efficiency products and services to commercial middle market companies, as well as residential customers. In accordance with the requirements of ASC 605-10-S99 the Company recognizes revenue when (1) persuasive evidence of an arrangement exists (contracts); (2) delivery has occurred; (3) the seller’s price is fixed or determinable (per the customer’s contract); and/or (4) collectability is reasonably assured (based upon its credit policy). When consultations are provided to customers, the revenue is recognized at the completion of the service when collectability is reasonably assured. For products sold to customers revenue is recognized when title has passed to the customer and collectability is reasonably assured; and no further efforts are required. For residential contracts provide services, the commission revenue is recognized when the contract is signed, payment is received. For commercial contracts provide services, the commission revenue is recognized when the contract is signed, and the performance is completed, with an appropriate allowance for estimated cancellation.
	Lexington Power & Light, LLC recognize revenue upon delivery of the commodity to the customer. Billed revenue is recognized when the customer’s meter is read, normally once in a thirty day period. Accrued revenue is calculated for each electric and natural gas customer based on the average daily usage derived from the most recent meter read bill times the number of days from the most recent meter read to the end of the month multiplied by the current selling price. The difference between the accrual at the beginning of the month and the end of the month, up or down, is recorded as an adjustment to revenue.
	Lexington Power & Light, LLC recognize cost of sales on a calendar month basis as incurred, except for electric supply and related cost imbalance reconciliations with the Independent System Operators (“ISO”). The imbalance is the difference between the electric supply and related costs scheduled by the Company through its supplier and the actual electric supply and related costs delivered by the ISO to the customers, which results in four and nine month “true-up” balances on each monthly bill from the ISO. These additional balances are recorded in the month they are billed, or credited, to the Company and not retroactively adjusted.
	Our general terms for collection are net 30 days. In certain instances we will provide our customers different terms to accommodate specific business requirements.
Accounts Receivable	Accounts Receivable
	All accounts receivable are due thirty (30) days from the date billed. If the funds are not received within thirty (30) days the customer is contacted to arrange payment. The Company uses the allowance method to account for uncollectable accounts receivable. As of March 31, 2015 and December 31, 2014, the balance of allowance for bad debts were $27,136 and $0, respectively.
	Accrued revenue is calculated for each electric and natural gas customer based on the average daily usage derived from the most recent meter read bill times the number of days from the most recent meter read to the end of the month multiplied by the current selling price. The difference between the accrual at the beginning of the month and the end of the month, up or down, is recorded as an adjustment to payment.
Accrued revenue	Accrued Revenue
	Accrued revenue is calculated for each electric and natural gas customer based on the average daily usage derived from the most recent meter read bill times the number of days from the most recent meter read to the end of the month multiplied by the current selling price. The difference between the accrual at the beginning of the month and the end of the month, up or down, is recorded as an adjustment to payment.
Non-controlling Interest	Non-controlling Interest
	Non-controlling interests in our subsidiary is recorded as a component of our equity, separate from the parent’s equity. Purchase or sales of equity interests that do not result in a change of control are accounted for as equity transactions. Results of operations attributable to the non-controlling interest are included in our consolidated results of operations and, upon loss of control, the interest sold, as well as interest retained, if any, will be reported at fair value with any gain or loss recognized in earnings. The Company maintains an 80% limited interest in The Power Company USA, LLC. and the remaining 20% non-controlling interest is held by The Power Company USA, LLC. And the Company maintains an 85% limited interest in Lexington Power & Light, LLC and the remaining 15% non-controlling interest is held by Lexington Power & Light, LLC.
Earnings/Loss Per Share	Earnings/Loss Per Share
	The Company has adopted the FASB ASC Topic 260 regarding earnings / loss per share, which provides for calculation of “basic” and “diluted” earnings / loss per share. Basic earnings / loss per share includes no dilution and is computed by dividing net income / loss available to common shareholders by the weighted average common shares outstanding for the period. Diluted earnings / loss per share reflect the potential dilution of securities that could share in the earnings of an entity similar to fully diluted earnings / loss per share. The Company excludes equity instruments from the calculation of diluted earnings per share if the effect of including such instruments is anti-dilutive. As of March 31, 2015, the Company has 3,800,000 stock options outstanding and 4,643,027 warrants outstanding. As of December 31, 2014, the Company has 3,800,000 stock options outstanding and 2,793,694 warrants outstanding. Convertible debt as of March 31, 2015 for $1,417,500, these convertible debt can be converted between six months to one year from the original loan agreement date.
Income Tax	Income Tax
	Deferred income tax is provided for differences between the bases of assets and liabilities for financial and income tax reporting. A deferred tax asset, subject to a valuation allowance, is recognized for estimated future tax benefits of tax-basis operating losses being carried forward. Income taxes are provided based upon the liability method of accounting pursuant to the FASB ASC Topic 740-10-30 concerning Income Taxes. Under this approach, deferred income taxes are recorded to reflect the tax consequences in future years of differences between the tax basis of assets and liabilities and their financial reporting amounts at each year-end. A valuation allowance is recorded against the deferred tax asset if management does not believe the Company has met the “more likely than not” standard imposed by the FASB ASC Topic 740-10-30 concerning Income Taxes to allow recognition of such an asset.
Inventory	Inventory
	Inventory, which consists of natural gas, is a fungible commodity that is stated at the most recent cost, which is fair market value. The inventory value at March 31, 2015 and December 31, 2014 was $14,802 and $42,319.
Stock-Based Compensation	Stock-Based Compensation
	We periodically issue stock options and warrants to employees and non-employees in non-capital raising transactions for services and for financing costs. We account for stock option and warrant grants issued and vesting to employees based on Financial Accounting Standards Board (FASB) ASC Topic 718, “Compensation – Stock Compensation”, whereas the award is measured at its fair value at the date of grant and is amortized ratably over the service period. We account for stock option and warrant grants issued and vesting to non-employees in accordance with ASC Topic 505, “Equity”, whereas the value of the stock compensation is based upon the measurement date as determined at either (a) the date at which a performance commitment is reached, or (b) at the date at which the necessary performance to earn the equity instruments is complete.
Goodwill	Goodwill
	The Company periodically reviews the carrying value of intangible assets not subject to amortization, including goodwill, to determine whether impairment may exist. Goodwill and certain intangible assets are assessed annually, or when certain triggering events occur, for impairment using fair value measurement techniques. These events could include a significant change in the business climate, legal factors, a decline in operating performance, competition, sale or disposition of a significant portion of the business, or other factors. Specifically, goodwill impairment is determined using a two-step process. The first step of the goodwill impairment test is used to identify potential impairment by comparing the fair value of a reporting unit with its carrying amount, including goodwill. Premier uses level 3 inputs and a discounted cash flow methodology to estimate the fair value of a reporting unit. A discounted cash flow analysis requires one to make various judgmental assumptions including assumptions about future cash flows, growth rates, and discount rates. The assumptions about future cash flows and growth rates are based on the Company’s budget and long-term plans. Discount rate assumptions are based on an assessment of the risk inherent in the respective reporting units. If the fair value of a reporting unit exceeds its carrying amount, goodwill of the reporting unit is considered not impaired and the second step of the impairment test is unnecessary. If the carrying amount of a reporting unit exceeds its fair value, the second step of the goodwill impairment test is performed to measure the amount of impairment loss, if any. The second step of the goodwill impairment test compares the implied fair value of the reporting unit’s goodwill with the carrying amount of that goodwill.  If the carrying amount of the reporting unit’s goodwill exceeds the implied fair value of that goodwill, an impairment loss is recognized in an amount equal to that excess. The implied fair value of goodwill is determined in the same manner as the amount of goodwill recognized in a business combination. That is, the fair value of the reporting unit is allocated to all of the assets and liabilities of that unit (including any unrecognized intangible assets) as if the reporting unit had been acquired in a business combination and the fair value of the reporting unit was the purchase price paid to acquire the reporting unit.
Long-lived assets	Long-lived Assets
	The Company assesses long-lived assets, including intangible assets, for impairment in accordance with the provisions of FASB ASC 360 “Property, Plant and Equipment”. A long-lived asset (or group of assets) shall be tested for recoverability whenever events or changes in circumstances indicate that its carrying amount may not be recoverable. The carrying amount of a long lived asset is not recoverable if it exceeds the sum of the undiscounted net cash flows expected to result from the use and eventual disposition of the asset. The amount of impairment loss, if any, is measured as the difference between the net book value of the asset and its estimated fair value. For purposes of these tests, long-lived assets must be grouped with other assets and liabilities for which identifiable cash flows are largely independent of the cash flows of other assets and liabilities. The Company follows ASC Topic 350 in accounting for intangible assets, which requires impairment losses to be recorded when indicators of impairment are present and the undiscounted cash flows estimated to be generated by the assets are less than the assets’ carrying amounts.
Fair Value Measurements	Fair Value Measurements
	On January 1, 2011, Premier adopted guidance which defines fair value, establishes a framework for using fair value to measure financial assets and liabilities on a recurring basis, and expands disclosures about fair value measurements. Beginning on January 1, 2011, Premier also applied the guidance to non-financial assets and liabilities measured at fair value on a non-recurring basis, which includes goodwill and intangible assets. The guidance establishes a hierarchy for inputs used in measuring fair value that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the most observable inputs be used when available. Observable inputs are inputs that market participants would use in pricing the asset or liability developed based on market data obtained from sources independent of Premier. Unobservable inputs are inputs that reflect Premier’s assumptions of what market participants would use in pricing the asset or liability developed based on the best information available in the circumstances. The hierarchy is broken down into three levels based on the reliability of the inputs as follows:
	Level 1 - Valuation is based upon unadjusted quoted market prices for identical assets or liabilities in active markets that Premier has the ability to access.
	Level 2 - Valuation is based upon quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in inactive markets; or valuations based on models where the significant inputs are observable in the market.
	Level 3 - Valuation is based on models where significant inputs are not observable. The unobservable inputs reflect Premier's own assumptions about the inputs that market participants would use.
	Premier’s financial instruments consist of cash, accounts receivable, note receivable, accounts payable, note payable and accrued liabilities. The estimated fair value of cash, accounts receivable, note receivable, accounts payable, note payable and accrued liabilities approximate their carrying amounts due to the short-term nature of these instruments.
	Certain non-financial assets are measured at fair value on a nonrecurring basis. Accordingly, these assets are not measured and adjusted to fair value on an ongoing basis but are subject to periodic impairment tests. These items primarily include long-lived assets, goodwill and other intangible assets.
Concentration of Credit Risk	Concentration of Credit Risk
	The Company maintains its cash in multiple financial institutions. The Company limits the amount of credit exposure to each individual financial institution and places its temporary cash into investments of high credit quality with a financial institution that exceeds federally insured limits. The Company has not experienced any losses related to these balances and believes its credit risk to be minimal.
Reclassifications	Reclassifications
	Certain prior year amounts have been reclassified to conform to the current year presentation. Such reclassifications had no impact on previously reported net loss.
RECENTLY ISSUED AND ADOPTED ACCOUNTING PRONOUNCEMENTS	RECENTLY ISSUED AND ADOPTED ACCOUNTING PRONOUNCEMENTS
	In May 2014, the FASB issued Accounting Standards Update No. 2014-09, “Revenue from Contracts with Customers” (ASU 2014-09), which supersedes nearly all existing revenue recognition guidance under U.S. GAAP. The core principle of ASU 2014-09 is to recognize revenues when promised goods or services are transferred to customers in an amount that reflects the consideration to which an entity expects to be entitled for those goods or services. ASU 2014-09 defines a five step process to achieve this core principle and, in doing so, more judgment and estimates may be required within the revenue recognition process than are required under existing U.S. GAAP. The standard is effective for annual periods beginning after December 15, 2016, and interim periods therein, using either of the following transition methods: (i) a full retrospective approach reflecting the application of the standard in each prior reporting period with the option to elect certain practical expedients, or (ii) a retrospective approach with the cumulative effect of initially adopting ASU 2014-09 recognized at the date of adoption (which includes additional footnote disclosures). Early adoption is not permitted. The Company is currently evaluating the impact of the pending adoption of ASU 2014-09 on its consolidated financial statements and has not yet determined the method by which it will adopt the standard beginning January 1, 2017.
	In August, 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (ASU) No. 2014-15, Presentation of Financial Statements – Going Concern (Subtopic 205-40), which now requires management to evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the entity’s ability to continue as a going concern within one year after the date the financial statements are issued. If conditions or events raise substantial doubt about an entity’s ability to continue as a going concern, and substantial doubt is not alleviated after consideration of management’s plans, additional disclosures are required. The amendments in this update are effective for the annual period ending after December 15, 2016, and for annual periods and interim periods thereafter. Early application is permitted. These requirements were previously included within auditing standards and federal securities law, but are now included within U.S. GAAP. The Company is evaluating the effect, if any, the adoption of ASU 2013-02 will have on its consolidated financial statements and related disclosures.
	Other recent accounting pronouncements issued by the FASB (including its Emerging Issues Task Force) and the United States Securities and Exchange Commission did not or are not believed by management to have a material impact on the Company’s present or future financial statements.

5_ACQUISITION_GOODWILL_Tables

5. ACQUISITION & GOODWILL (Tables)	3 Months Ended
	Mar. 31, 2015
Company's Goodwill		Active ES			The Power			Lexington			Total
		Lighting			Company			Power &			Company
		Controls, Inc.			USA,LLC			Light, LLC
	Balances as of January 1, 2014:	$	55,750		$	4,500,000		$	–		$	4,555,750
	Aggregate goodwill acquired		–			–			2,859,151			2,859,151
	Impairment losses		(55,750	)		(500,000	)		(2,859,151	)		(3,414,901	)
	Balance as of December 31, 2014:	$	–		$	4,000,000		$	–		$	4,000,000
	Aggregate goodwill acquired		–			–			–			–
	Impairment losses		–			–			–			–
	Balance as of March 31, 2015:	$	–		$	4,000,000		$	–		$	4,000,000
The Power Company USA,LLC
Purchase price	Goodwill	$	4,500,000
	Total assets acquired	$	4,500,000
	The purchase price consists of the following:
	Common Stock	$	4,500,000
	Total purchase price	$	4,500,000
Lexington Power & Light, LLC
Purchase price	Cash	$	985,798
	Accounts receivable		383,819
	Inventory		55,020
	Accrued revenue		337,522
	Equipment		35,342
	Goodwill		2,859,151
	Other assets		527,176
	Total assets acquired		5,183,828
	Accounts payable and accrued liabilities		(1,960,176	)
	Note payable		(1,175,268	)
	Long term note payable		(200,000	)
	Total liabilities assumed		(3,335,444	)
	Non-Controlling interest		151,616
	Net assets acquired	$	2,000,000
	The purchase price consists of the following:
	Note payable	$	500,000
	Earn out payment		750,000
	Common stock		750,000
	Total purchase price	$	2,000,000

6_INTANGIBLES_ASSETS_NET_Table

6. INTANGIBLES ASSETS, NET (Tables)	3 Months Ended
	Mar. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Acquired Intangible Assets	The following table presents details of the Company’s total purchased intangible assets as of December 31, 2014:
		Balance		Additions		Amortization			Impairment			Balance
		12/31/13										12/31/14
	IP/Technology – Patents	$	120,092	$	–	$	(33,514	)	$	(86,578	)	$	–
	Non-compete Agreement		65,232		–		(7,600	)		(57,632	)		–
	Trademarks & Service Marks		16,042		–		(16,042	)		–			–
		$	201,366	$	–	$	(57,156	)	$	(144,210	)	$	–

10_CAPITAL_STOCK_TRANSACTIONS_

10. CAPITAL STOCK TRANSACTIONS (Tables)	3 Months Ended
	Mar. 31, 2015
Equity [Abstract]
Common Stock Options		Number		Weighted-Average		Weighted-Average		Aggregate
		Outstanding		Exercise Price		Remaining		Intrinsic
				Per Share		Contractual Life		Value
						(Years)
	Outstanding at January 1, 2015		3,800,000	$	0.04		1.1		–
	Granted		–		–		–		–
	Exercised		–		–		–		–
	Canceled/forfeited/expired		–		–		–		–
	Outstanding at March 31, 2015		3,800,000	$	0.04		0.85		–
	Options vested and exercisable at March 31, 2015		3,800,000	$	0.04		0.85		–
Common Stock Warrants		Number		Weighted-Average		Weighted-Average
		Outstanding		Exercise Price		Remaining
				Per Share		Contractual
						Life (Years)
	Outstanding at January 1, 2015		2,793,694	$	0.157		1.1
	Granted		1,849,333		0.15		3.46
	Exercised		–		–		–
	Canceled/forfeited/expired		–		–		–
	Outstanding at March 31, 2015		4,643,027	$	0.175		1.89
	Warrants vested and exercisable at March 31, 2015		4,643,027	$	0.175		1.89

11_RELATED_PARTY_TRANSACTIONS_

11. RELATED PARTY TRANSACTIONS (Tables)	3 Months Ended
	Mar. 31, 2015
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS		31-Dec-14		31-Mar-15
	iCapital Advisory-Consulting services	$	80,750	$	127,363
	Commission to Jamp Promotion		85,462		56,067
	Commission to Sebo Service		36,021		36,021
			202,233		219,451

13_SEGMENT_REPORTING_Tables

13. SEGMENT REPORTING (Tables)	3 Months Ended
	Mar. 31, 2015
Segment Reporting [Abstract]
Segment information	The Company operates in two segments which are characterized as: (1) Deregulated power broker in TPC and (2) sells electricity and natural gas in LP&L.
	The following tables summarize segment information for three months ended March 31, 2015 and 2014:
		31-Mar-15			31-Mar-14
	Net revenue
	TPC	$	1,089,085		$	653,257
	LP&L		2,287,851			–
	Parent Company & Others		39,474			–
	Consolidated	$	3,416,410		$	653,257
	Gross profit
	TPC	$	1,089,085		$	606,578
	LP&L		143,104			–
	Parent Company & Others		8,221			–
	Consolidated	$	1,240,410		$	606,578
	Income (Loss) from operations
	TPC	$	(11,986	)	$	(147,007	)
	LP&L		(271,463	)		–
	Parent Company & Others		(517,896	)		(870,371	)
	Consolidated	$	(801,345	)		(1,017,378	))

2_SUMMARY_OF_SIGNIFICANT_ACCOU2

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) (USD $)	3 Months Ended	12 Months Ended
	Mar. 31, 2015	Dec. 31, 2014
Restricted cash	37,294
Inventory value	14,802	42,319
Allowance for bad debts	27,136	0
Options [Member]
Antidilutive shares	3,800,000	3,800,000
Warrants
Antidilutive shares	4,643,027	2,793,694
The Power Company USA,LLC
Non-controlling percentage owned	80.00%
Lexington Power & Light, LLC
Non-controlling percentage owned	85.00%

4_OTHER_ASSETSCOLLATERAL_POSTI1

4. OTHER ASSETS-COLLATERAL POSTINGS AND DEPOSIT (Details Narrative) (USD $)	Mar. 31, 2015	Dec. 31, 2014
Collateral deposit held	$200,000	$200,000
ISO
Collateral postings held	262,145
Collateral deposit held	200,000
Natural Gas
Collateral postings held	$74,852

5_ACQUISITIONS_GOODWILL_Detail

5. ACQUISITIONS & GOODWILL (Details - Goodwill) (USD $)	12 Months Ended	3 Months Ended
	Dec. 31, 2014	Mar. 31, 2015	Feb. 28, 2013	Oct. 22, 2014
Balance, ending	$4,000,000	$4,000,000
Active ES Lighting Controls, Inc.
Balances, beggining	55,750
Aggregate goodwill acquired	0
Impairment losses	-55,750
Balance, ending	0	0
The Power Company USA,LLC
Balances, beggining	4,500,000	4,000,000	4,500,000
Aggregate goodwill acquired	0	0
Impairment losses	-500,000	0
Balance, ending	4,000,000	4,000,000	4,500,000
Lexington Power & Light, LLC
Balances, beggining	0	0		2,109,151
Aggregate goodwill acquired	2,859,151	0
Impairment losses	-2,859,151	0
Balance, ending	0	0		2,109,151
Total Company
Balances, beggining	4,555,750	4,000,000
Aggregate goodwill acquired	2,859,151	0
Impairment losses	-3,414,901	0
Balance, ending	$4,000,000	$4,000,000

5_ACQUISITIONS_GOODWILL_Detail1

5. ACQUISITIONS & GOODWILL (Details - Acquisitions) (USD $)	Mar. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Feb. 28, 2013	Oct. 22, 2014
Goodwill	$4,000,000	$4,000,000
Non Controlling interest	-542,819	-499,702
The Power Company USA,LLC
Goodwill	4,000,000	4,000,000	4,500,000	4,500,000
Total assets acquired				4,500,000
The purchase price consists of the following:
Common Stock				4,500,000
Total purchase price				4,500,000
Lexington Power & Light, LLC
Cash					985,798
Accounts receivable					383,819
Inventory					55,020
Accrued Revenue					337,522
Fixed assets					35,342
Goodwill	0	0	0		2,109,151
Other assets					527,177
Total assets acquired					4,433,829
Accounts payable and accrued liabilities					-1,960,176
Note payable					-1,175,268
Long term note payable					-200,000
Total liabilities acquired					-3,335,444
Non Controlling interest					151,615
Net assets acquired					-859,151
The purchase price consists of the following:
Cash					500,000
Common Stock					750,000
Total purchase price					$1,250,000

6_INTANGIBLES_ASSETS_NET_Detai

6. INTANGIBLES ASSETS, NET (Details) (USD $)	3 Months Ended		12 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014
Balance at beginning of period	$0	$201,366	$201,366
Additions			0
Amortization	0	-17,154
Impairment			-144,210
Balance at end of period			0
IP/Technology - Patents
Balance at beginning of period		120,092	120,092
Additions			0
Amortization			-33,514
Impairment			-86,578
Balance at end of period			0
Non-compete Agreement
Balance at beginning of period		65,232	65,232
Additions			0
Amortization			-7,600
Impairment			-57,632
Balance at end of period			0
Trademarks and Service Marks
Balance at beginning of period		16,042	16,042
Additions			0
Amortization			-16,042
Impairment			0
Balance at end of period			$0

6_INTANGIBLES_ASSETS_NET_Detai1

6. INTANGIBLES ASSETS, NET (Details Narrative) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization expense related to the purchased intangibles	$0	$17,154

8_CONVERTIBLE_NOTES_PAYABLE_De

8. CONVERTIBLE NOTES PAYABLE (Details Narrative) (USD $)	3 Months Ended
	Mar. 31, 2015
Convertible Notes Payable [Abstract]
Interest expense	$40,493

9_NOTES_PAYABLE_Detail_Narrati

9. NOTES PAYABLE (Detail Narrative) (USD $)	3 Months Ended
	Mar. 31, 2015	Dec. 31, 2014
Long term note payable	$200,000	$200,000
Interest expense	40,493
Line of credit	2,000
Financed Collateral Postings
Notes payable	137,040
Interest expense	43,797
Marketing Program
Notes payable	500,000
Interest expense	34,075
ISO
Long term note payable	200,000
Note One [Mermber]
Notes payable	315,375
Note Two [Mermber]
Notes payable	$167,975

10_CAPITAL_STOCK_TRANSACTIONS_1

10. CAPITAL STOCK TRANSACTIONS (Details-Option activity) (Options, USD $)	3 Months Ended	12 Months Ended
	Mar. 31, 2015	Dec. 31, 2014
Options
Number Outstanding
Beginning Balance	3,800,000
Granted	0
Exercised	0
Canceled/forfeited/expired	0
Ending Balance	3,800,000	3,800,000
Options vested and exercisable	3,800,000
Weighted - Average Exercise Price Per Share
Weighted average exercise price, beginning price	$0.04
Weighted average exercise price, ending balance	$0.04	$0.04
Weighted average exercise price per share, vested and exercisable	$0.04
Weighted - Average Remaining Contractual Life (Years)
Weighted average remaining contractual life, outstanding	10 months 6 days	1 year 1 month 6 days
Weighted average remaining contractual life, vested and exercisable	10 months 6 days
Aggregate Intrinsic Value
Aggregate intrinsic value	$0
Aggregate intrinsic value vested and exercisable	$0

10_CAPITAL_STOCK_TRANSACTIONS_2

10. CAPITAL STOCK TRANSACTIONS (Details-Warrant activity) (Warrants, USD $)	3 Months Ended	12 Months Ended
	Mar. 31, 2015	Dec. 31, 2014
Warrants
Number of Warrants Outstanding
Warrants outstanding, beginning balance	2,793,694
Warrants granted	1,849,333
Warrants exercised	0
Warrants canceled/forfeited/expired	0
Warrants outstanding, ending balance	4,643,027	2,793,694
Warrants vested and exercisable	4,643,027
Weighted - Average Exercise Price Per Share
Weighted average exercise price outstanding, beginning balance	$0.16
Granted	$0.15
Weighted average exercise price outstanding, ending balance	$0.18	$0.16
Warrants weighted average exercise price vested and exercisable	$0.18
Weighted - Average Remaining Contractual Life (Years)
Warrants weighted average remaining contractual life	1 year 10 months 20 days	1 year 1 month 6 days
Warrants weighted average remaining contractual life, granted	3 years 5 months 16 days
Warrants vested and exercisable weighted average remaining contractual life	1 year 10 months 20 days

10_CAPITAL_STOCK_TRANSACTIONS_3

10. CAPITAL STOCK TRANSACTIONS (Details Narrative) (USD $)	3 Months Ended
	Mar. 31, 2015
Equity [Abstract]
Stock based compensation	$545,197
Unrecognized share based compensation	$327,119

11_RELATED_PARTY_TRANSACTIONS_1

11. RELATED PARTY TRANSACTIONS (Details) (USD $)	Mar. 31, 2015	Dec. 31, 2014
Related party payables	$219,451	$202,233
iCapital Advisory [Member]
Related party payables	127,363	80,750
Jamp Promotion [Member]
Related party payables	56,067	85,462
Sebo Service [Member]
Related party payables	$36,021	$36,021

13_RELATED_PARTY_TRANSACTIONS_

13. RELATED PARTY TRANSACTIONS (Details Narrative) (Letcavage, USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Letcavage
Officer compensation	$60,000	$60,000

12_LITIGATION_Details_Narrativ

12. LITIGATION (Details Narrative) (USD $)	3 Months Ended
	Mar. 31, 2015	Dec. 31, 2014
Litigation Details Narrative
Litigation settlement expense	$48,000
Lawsuit liability	$62,000	$74,000

13_SEGMENT_REPORTING_Details

13. SEGMENT REPORTING (Details) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Revenues	$3,416,410	$653,257
Gross profit	1,240,410	606,578
Income (Loss) from operations	-801,345	-1,017,378
TPC
Revenues	1,089,085	653,257
Gross profit	1,089,085	606,578
Income (Loss) from operations	-11,986	-147,007
LPL
Revenues	2,287,851	0
Gross profit	143,104	0
Income (Loss) from operations	-271,463	0
Parent Company and Others
Revenues	39,474	0
Gross profit	8,221	0
Income (Loss) from operations	($517,896)	($870,371)