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MP2 Energy CEO Recognized as Influential Leader in Energy Industry

Jeff Starcher named one of Houston Business Journal’s 2015 “Who’s Who in Energy?” honorees

HOUSTON (Nov. 27, 2015) – Jeff Starcher, Chairman and CEO of MP2 Energy, has been named to the Houston Business Journal’s 2015 “Who’s Who in Energy?” list, which recognizes key players in the industry who are driving energy deals and making daily contributions to the energy industry. Honorees include top executives from multiple sectors involved in energy, including accounting, finance, law, oil and gas, utilities, midstream, education and others.

Starcher was recognized as one of just four Houston-area recipients in the utilities sector, and one of 100 Houston-based honorees. A total of 591 industry leaders were selected based on a combination of industry outreach, internal research and open nominations made to the Houston Business Journal and business journal partners in Dallas, Denver, Pittsburgh and San Antonio.

“It is a privilege to be recognized alongside some of the top executives from multiple energy sectors across the country,” said Starcher. “The energy industry is complex and constantly evolving, and the MP2 team works hard to be innovative in all aspects. This honor is truly a reflection of the entire MP2 team.”

Jeff’s extensive background in the industry has given him exposure to all facets of the wholesale and retail power market. With 27 years in the industry, Jeff has enjoyed a lifetime of experiences in the areas of power project development, structured energy transactions, project and structured finance, IPOs, start-ups, deregulated market construct, demand side management, power plant operations, asset management, origination, risk management, retail energy, SEC reporting and accounting. Today, his areas of expertise include deal origination, power plant development, risk management, Quality Scheduling Entity (QSE) operations and Retail Electric Provider (REP) operations.

The cost of producing solar energy has drastically reduced as the equipment has become cheaper and as the industry gains more experience installing and financing systems. Starting in 2008, global module prices began a steep downward trajectory, driving installed price reductions of 40 percent among residential and commercial installations from 2008 through 2012. Efforts to drive cost reductions have also been led by the U.S. DOE’s SunShot Initiative, which aims to reduce the cost of grid-connected solar photovoltaic (PV)-generated electricity by about 75 percent between 2010 and 2020.

“This is a game changer for solar energy. We can now offer solar energy at the same rates as traditional gas or coal,” said Starcher. “It’s a lot easier for a business to commit to true renewable energy if we can provide a reasonable offtake term and a competitive price.”

See the full list of honorees here.

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