Star Energy Partners™ CEO Tony Banks Speaks on Clean Power Plan Regulations
- Star Energy Partners CEO Tony Banks was selected as an expert panelist to speak at the Executive Forum during the 2014 PJM Market Summit.
- Tony Banks discussed potential changes to generation portfolio strategies as a result of the Environmental Law and Policy (EPA) Clean Power Plan.
AKRON, Ohio, Nov. 8, 2014 /PRNewswire/ -- Star Energy Partners LLC, a premier provider of electricity and energy related products and services, today announced that CEO, Tony Banks, was selected as an expert panelist to speak at the Executive Forum during the 2014 PJM Market Summit. Banks discussed potential changes to generation portfolio strategies as a result of the Environmental Law and Policy (EPA) Clean Power Plan and its effect on the energy industry.
The EPA recently proposed the Clean Power Plan to reduce carbon emissions from power plants. Such regulations may have an impact on energy suppliers like Star Energy Partners, an Ohio-based energy retailer that offers energy solutions for homes and businesses in competitive markets.
"The EPA Clean Power Plan presents an opportunity for all of us to expand our thinking," Banks said to an audience of industry leaders, "The energy customer should ultimately benefit," he added.
Banks encouraged states to develop resources that will allow individuals and businesses to take more control of how they satisfy their electricity needs.
"Utilities should be obligated to individually serve each and every customer, by allowing them the full economic benefits of small scale local generation." Banks closed by stating, "There should be focus on technologies that will help lower our nation's impact on the environment."
The Executive Forum was part of the three-day PJM Market Summit in Philadelphia that featured industry experts from a variety of organizations.
Banks has a distinguished career in the energy industry. As an expert in the competitive energy market, Banks has also provided testimony to government agencies on matters of policy and tariff filings.
For a complete summary of Tony Banks' comments at the PJM Market Summit, visit the Star Energy Partners blog.
About PJM Interconnection
PJM Interconnection is an independent and neutral operator of a competitive wholesale electricity market in 13 states and the District of Columbia.
About Star Energy Partners LLC
Star Energy Partners is a premier provider of electricity and energy related products and services that help to lower costs for residential and commercial customers. By offering competitive pricing and cost savings solutions, Star Energy Partners strives to measure success through the value and satisfaction experienced by its customers. More information about Star Energy Partners is available at www.starenergypartners.com.
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Safe Harbor Statement
Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; our reliance on sales; changes in the timing and/or amount of consumer spending; changes in the supply and/or demand and/or prices for our products and services; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.
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SOURCE Star Energy Partners
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