System and methods may include receiving a request for assigning resources to a first application associated with a first entity, the first application having a plurality of levels of performance each corresponding to a different power consumption; and determining a particular level of performance of the first application to run on the resource under a first constraint that a sum of a power consumption of the first application running at the particular level of performance and power consumptions of one or more other resources running other applications associated with the first entity is less than or equal to a power budget associated with the first entity.