A system for managing delivery of electric power includes at least one source of electric power supplying an aggregate amount of available power and a plurality of electrical loads, each having a priority designation. There is a power management system electrically connected to the source of electrical power and to the plurality of electrical loads. The power management system monitors electrical power demanded by the electrical loads and the aggregate amount of available power of the at least one source of electric power. When the power management system determines that the aggregate demanded power exceeds the aggregate amount of available power, the power management system continues to provide power to each of said electrical loads but at a power level which is less than demanded to one or more of said plurality of electrical loads based on the priority designation of each of said electrical loads.