How do I respond when prospective consultants ask if Ambit Energy is a pyramid?
April 17, 2010
Ambit Energy is not a pyramid. First of all, pyramids are illegal. Ambit Energy is a licensed public utility in the state of New York, the state of Illinois and the state of Texas. Secondly, Ambit is partnered with the third largest corporation in the world, the second most profitable company in the world and a company that does a billion dollars a day in revenue. This company had their legal team look at Ambit and confirm their decision to partner with Ambit. This venture made Ambit Energy the youngest company that the major corporation has partnered with.
Can a husband and wife both join Ambit and one sign up under the other?
April 16, 2010
The only way for a husband and wife to both join Ambit Energy is for them both to have the same exact sponsor. There is really no benefit to a couple having the same sponsor. They would be better off working the same business as one.
Does Ambit make its money from consultant or customer enrollments?
April 15, 2010
Ambit Energy makes its money from energy customers. One of our jobs as an independent consultant is to go out there and gather a handful of loyal customers. These customers consume our energy month after month, and pay their bills month after month, which is how Ambit makes their profit.
How do I determine whether an account is commercial or residential?
April 14, 2010
The easiest way to determine whether an Ambit Energy account is commercial or residential is to look at the bill. The incumbent is actually the one who determines whether it’s a residential or a commercial account.
Can a business or corporation join Ambit, or must it be an individual?
April 13, 2010
A business or corporation can join the Ambit Energy family. The only requirement is that they have a tax ID number and there must be an individual who represents the corporation. That individual cannot represent the corporation and have another Ambit business at the same time.
Ambit Energy, First Choice Power to launch prepaid electric programs (Dallas)
April 13, 2010
A pair of Dallas electricity retailers are on the verge of rolling out a new way for consumers to buy electricity.
Dallas-based Ambit Energy and Irving’s First Choice Power are working on the technological equivalent of putting a coin slot on new electric smart meters.
From their perspective, making electric meters function like parking meters will expand the potential customer base and combat unpaid bills. Additionally, pay-ahead power could even make consumers more conscientious about how they use electricity, the vendors argue.
“We’re able to monitor usage and provide feedback to customers in ways we’ve never done before,” said Jere Thompson Jr., CEO of Ambit Energy.
Traditionally, low-credit customers have had to put down two months’ worth of electricity payments before getting service activated. Since deregulation, those customers have typically paid a higher rate for each kilowatt-hour because the risk of bad debt is built into that rate.
Ambit’s new plan, set to be launched April 14, will cost 20% to 40% less than current prepaid electricity costs.
“It’s all coming down because the risk is coming out of the equation,” Thompson said.
Prepaid electricity customers would fill up their accounts by making a payment at a payday lender or money transfer office. The retailers equate the process to filling up the gas tank on your car. You can put a little in or fill up the tank for a full month.
Read the full story in the Dallas Business Journal.
What is the best way to determine whether a customer is in an Ambit service area?
April 12, 2010
The most effective way to determine whether a customer is in an Ambit Energy service area is to have the customer actually pull out their bill and see who their incumbent provider is. The second way to determine if a customer is in an Ambit service area is to go ahead and try to sign them up and if the system realizes that the customer is not in an area that is open it will kick it out of the system and notify you that the customer is not in a service area. I would not recommend that you use the zip code look up. The zip code look up may inadvertently tell you that a customer is in a service area when they actually are not.
Is Ambit a member of the Better Business Bureau?
April 11, 2010
Ambit Energy is a member of the Better Business Bureau online. Since all of our transactions are done online and we gather consultants nationally we are a member of the Better Business Bureau online.
Can I sell, transfer or will my Ambit business if I ever want to?
April 10, 2010
As an Ambit Energy consultant you can sell your business at any time. If you wish to transfer your business you simply pick up a transfer form from Ambit, and pay a small fee. Since your Ambit business will be part of your estate, you are able to will your Ambit business and create generational wealth among your family members.
Ambit Energy Service in NYSEG is a GO!
April 9, 2010
Ambit Energy Launches Service in NYSEG Territory
Deregulation Pioneer Expands Market Share, Gains Access to Additional 1.1 Million Customers
NEW YORK–(BUSINESS WIRE) – Ambit Energy, one of the fastest growing Energy Services Companies (ESCOs) in the state, launched electricity and natural gas services in the New York State Electric & Gas (NYSEG) territory today.
“Now that we have expanded our presence in New York, our independent Consultants are able to serve even more people looking to save on energy costs”
“Expanding our presence in New York allows people looking to save on energy costs another valuable option,” said Ambit Energy CEO and co-founder Jere W. Thompson, Jr. “When energy markets deregulate, the consumer wins. We are proud to say that we can now offer almost every customer in the state a lower cost option compared to the incumbent provider.”
With this launch, Ambit Energy will now offer its competitive rates to a market of more than 871,000 electric and 256,000 gas customers – more than 40 percent of upstate New York.
As they have done in other New York market areas such as Con Edison and National Grid, Ambit Energy’s team and independent Consultants will work with customers interested in switching providers, as well as those interested in the business opportunity offered through Ambit Energy.
“Now that we have expanded our presence in New York, our independent Consultants are able to serve even more people looking to save on energy costs,” said Ambit Energy CMO and co-founder Chris Chambless. “As the warmer months approach, we believe this launch is timely and will help New York consumers in the NYSEG territory switch and save.”
As in other New York markets, Ambit Energy will offer a competitive monthly rate and annual savings guarantee.
For information on Ambit Energy’s rates, services or launch into the NYSEG Territory, visit GetAmbitEnergy.com
About Ambit Energy
Ambit Energy, L.P. is a Dallas-based energy provider of electric and natural gas services in deregulated markets across the U.S., including regions of Texas, Illinois and New York. Ambit Energy is one of the finest and most respected energy providers in the industry offering cost-effective and sound choices for today’s energy consumer. For more information on becoming a customer, earning free electricity or joining the Ambit Energy team, visit GetAmbitEnergy.com.
