Management control system for managing an energy supply and storage system for a rig power supply of the type having a power generator coupled to rig loads, the power generator used for powering the rig and for charging the storage system, and the storage system adapted for selectively supplementing rig power, is adapted for controlling the selection of rig function operation, for setting the system to recommended settings for the selected rig function operation, for monitoring rig power usage for the selected rig function operation for distributing excess power to the storage system when the rig power usage falls below a preselected threshold, and for distributing stored power from the storage system when the rig power usage is above a preselected threshold. The recommended setting for the selected rig function may be modified depending upon power usage by setting preselected thresholds.