Star Energy Partners, LLC Applies for FERC Market-based Rate Authority

Share Article

Star Energy Partners, LLC applied for FERC market-based rate authority on November 1 and is in the process of preparing applications to obtain authorization to sell electricity and/or natural gas at retail in various state jurisdictions.

Having a partner rooted in the telecommunications business is a logical relationship for a competitive energy company since telecom has already seen much of what the energy industry is going through.

Led by Tony Banks as President and Chief Executive Officer, Star Energy Partners, LLC (Star Energy), an Akron Ohio based company, applied for FERC market-based rate authority on November 1 and is in the process of preparing applications to obtain authorization to sell electricity and/or natural gas at retail in various state jurisdictions.

Mr. Banks was most recently Vice President of Competitive Market Policies at FirstEnergy Solutions, has over 30 years of experience in the energy markets and serves on the board of directors of Atlas Pipeline Partners, LP.

Star Energy is partially owned by FC Energy LLC (FC Energy), a wholly-owned subsidiary of First Communications, Inc. First Communications provides local, long-distance and data telecommunications services to residential and commercial customers throughout the U.S. Mr. Banks states that “Having a partner rooted in the telecommunications business is a logical relationship for a competitive energy company since telecom has already seen much of what the energy industry is going through. That partnership, combined with an experienced leadership team and a world-class back office, will provide Star Energy’s customers and partners with an advantage when it comes to thinking about ways to responsibly manage their energy consumption and costs.”

Star Energy Partners is a premiere provider of energy related products and services, including energy conservation, home protection, and other products and services to residential and business consumers. By offering its customers very competitive pricing, by maintaining relationships with qualified suppliers, and by servicing its customers and other business partners with a world class back office and service, Star Energy Partners is poised for significant growth and provides great career opportunities for employees that share Star Energy Partners’ priority... customer and business partner satisfaction.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Marisa Dalessandro

Tony Banks
Follow us on
Visit website