Updated Mar. 8, 2013 at 9:39 a.m.

Premium Lock PowerSecure CEO: 'I'd be stupid to say yes' to higher prices

Published: 2013-03-08 09:23:00
Updated: 2013-03-08 09:39:57

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Inside PowerSecure earnings report: PowerSecure CEO Sidney Hinton isn't talking about price increases but decreases for distributed power generation systems in 2013 as he seeks to expand market share. He's "praying" for downward pressure on pricing and upward pressure on margin.

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What a novel idea - try lowering prices to be more competitive. Kudos for caring about customers.
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