Ambit Energy Named 14th-Largest Direct Selling Company in the World

Ambit Energy was recently named the 14th-largest direct selling company in the world on the Direct Selling News Global 100 list. With an annual revenue of $930 million in 2012, Ambit moved up one spot on the list from the previous year and is now the largest energy company in direct sales.

“Our Consultants are producing record sales as they strive to achieve their goals,” said Ambit Co-founder and CMO Chris Chambless. “That consistent dedication has been a key part of our steady success.”

In just seven years in business, Ambit has amassed more than 1 million customers and, as of March 2013, reached a 12-month rolling revenue of $1 billion. Even with just a little more than 3 percent market share within the nine states in which Ambit currently offers service, the company is the fastest-growing retail energy provider in the United States.

Ambit Energy currently offers energy service in Texas, New York, New Jersey, California, Illinois, Maryland, Pennsylvania, Connecticut, Massachusetts and Washington D.C. Ambit acquires customers through independent marketing consultants who gather a few personal customers for themselves and help other people gather customers.

David Lee
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