In one embodiment, the present invention includes a processor having a plurality of cores each to execute instructions, a non-volatile storage to store maximum peak operating frequency values each a function of a given number of active cores, a configuration storage to store frequency limits each corresponding to one of the maximum peak operating frequency values or a configurable clip frequency value less than the maximum peak operating frequency value. In turn, a power controller is configured to limit operating frequency of the cores to a corresponding frequency limit obtained from the configuration storage. Other embodiments are described and claimed.