This paper presents the analysis of an energy management system (EMS) implemented to fulfill the requirements of a microgrid (MG) power supply owned by a small industrial company and connected to the rural power system. The main goal of this system is to ensure connection with the existing rural power system in terms of energy exchange, as well as to perform islanding mode operation of the microgrid based on the energy demand of the company. Power generated in the implemented microgrid is based on a hybrid system supported by renewable energy sources and an energy storage system. The aim of the developed energy management system implemented in this MG power system is to enable the microgrid to operate according to scheduled diagrams related to different load events. The presented investigation, analysis, and assessment of the implemented energy management system are based on the on-site measurements and observations of the long-term operation of the microgrid concerning the hybrid renewable energy-based generation system and the company energy demand, which is useful from perspective of the predicted deficiency of electrical energy in Poland, both for customers and transmission system operators. Furthermore, the observed drawbacks and failures of the implemented EMS and the MG are pointed out and discussed to overcome and minimize these disadvantages, and to improve the operational reliability of the whole system.