Ambit Energy Launches Solar Service with Sunrun

Today, Ambit Energy is launching its partnership with Sunrun, a leading solar provider, to offer affordable residential solar options to Customers. Solar service is currently available in California, Massachusetts, New Jersey and New York. Sunrun is the largest dedicated residential solar company in the U.S., offering solar service to more than 75,000 customers. The company has nearly two decades of experience in designing and maintaining high-quality solar systems. Sunrun pioneered solar as a service, which allows homeowners to have custom solar systems without a significant upfront investment. With Sunsun, customers save, on average, 20 percent on their electric bill. There is little to no upfront costs for a custom solar system. Sunrun takes care of the paperwork, financing, approvals, permits, installation, insurance, monitoring and maintenance. Ambit Energy consultants can refer customers to Sunrun, and Sunrun handles the rest. If the customer’s house qualifies, then … [Read more...]

Ambit Energy to Offer Electricity Service in Ohio

Ambit Energy announced the company will offer electric service in Ohio beginning Oct. 30. Ambit will service the AEP Ohio area, which is a territory of 1.5 million potential customers. Ohio will be the 15th state (plus Washington D.C.) in which the company offers electricity and/or natural gas service. “We are excited to finally bring Ambit Energy services to Ohio to help meet customer demand and create new opportunities for our current and future Independent Consultants,” said Jere Thompson, Jr., Co-founder and CEO of Ambit Energy. “Our history of success is a testament to the overall value and service Ohio residents can expect when they join Ambit.” Ambit primarily uses a direct-selling model to acquire customers though its field of more than 350,000 Independent Consultants. To date, the company has more than 1.3 million customers and generates about $1.5 billion a year in revenue. The company has been placed on the Inc. 5000 list of the nation’s fastest-growing companies for … [Read more...]

Ambit Energy Offers Open Enrollment Zero Down 2.0 Promotion

Ambit Energy is bringing back its most successful promotion, but this time has added a twist that will make it even easier for consultants to grow their business and promote through the company's compensation plan. The Zero Down 2.0 promotion waves the standard startup fee to get a consultant's business up and running. That's right. Normally $429, this promotion is an open enrollment. The only overhead cost is $24.95 a month for your suit of marketing websites that allows consultants to enroll customers and other consultants. To add to the Zero Down 2.0 promotion, Ambit Energy is also offering a Double-50 Bonus. Here's how it works: Any new consultant who enrolls four Texas customers in their first 28 days from starting their business can earn $200 ($100 is paid on the first two Texas customers and then another $100 on the other two customers). New consultants who enroll five non-Texas customers can earn $150 ($100 is paid on the first three non-Texas customers and then another … [Read more...]

Ambit Energy’s Annual Convention Expected to Generate $6.7 Million for Dallas Economy

Ambit Energy kicks off its ninth-annual convention in Dallas today Sept. 2 through Saturday, Sept. 5. Known as Ambition (#AMBITION15), the event is scheduled to host more than 8,000 independent consultants and is expected to provide a $6.7 million impact to the local Dallas economy, according to the Dallas Convention and Visitors Bureau. The estimated number came from anticipated spending by conference participants, meeting planners and exhibitors; local, state and federal taxes generated by the event; and total hotel room nights sold for the event. Ambition absentees are expected to generate $3.79 million in direct spending and $2.96 million in indirect and induced spending. Also, roughly $483,542 will be collected in local taxes off those sales. State taxes are expected to total about $277,500, while federal taxes are expected to be at $612,501. A big part of the impact will come from booking event centers including the Kay Bailey Hutchinson Convention Center as the main hub, a … [Read more...]

Ambit Energy Makes Inc. 5000 for Sixth-Consecutive Year

For the sixth-consecutive year, Ambit Energy has made the Inc. 5000 list as one of America’s fastest-growing companies. The company is ranked No. 2,814 in Inc. magazine’s 34th annual ranking. Ambit Energy’s annual revenue in 2014 hit the $1.5 billion mark, and the three-year growth rate, which the rankings are based on, was at 128 percent. The company also grew by more than $250 million in 2014 alone. In 2010, Ambit was ranked No. 1 on the Inc. 500 list as the fastest-growing private company in America. “We are honored to be ranked for the sixth consecutive year on the Inc. 5000 list, which is a validation of our commitment to be the finest and most respected retail energy provider in America,” said Jere Thompson, Jr., co-founder and CEO of Ambit Energy. “Ambit’s success is a testament to the hard work of our dedicated employees and more than 350,000 Independent Consultants across the country. They are the backbone of our continued growth.” Ambit Energy is headquartered in … [Read more...]

Why Ambit Energy Quotes Average (Bundled) Rates in Texas

Figuring electricity rates in Texas is fairly simple, but some companies can be misleading in how they go about quoting these rates. It's always best to find the average rate, also known as a bundled rate. The average rate is calculated using three things: 1. The energy charge rate, which is the rate your retail provider is charging per kilowatt hour (kWh). 2. The delivery charge, which is from the local delivery/utility company. 3. The estimated kWH usage. Calculating electricity rates in Texas using these three factors will give you the average rate so you can do a true apples-to-apples comparison. Here's how it works: Energy Charge The energy charge is set by the retail provider, such as Ambit Energy, TXU, Reliant, etc. Let's say that amount is 8.0 cents per kWh. Delivery Charge The delivery charge can be tricky, because some companies will move money over to the delivery charge and quote a smaller energy charge rate. That is why we have to consider the average … [Read more...]

TXU Free Mornings and Evenings vs. Ambit Energy

TXU Energy has been coming up with a lot of "free" electricity plans in Texas recently. The latest is called the TXU Energy Free Mornings & Evenings plan. Let's examine this plan to see just how free it is and compare it to a normal Ambit Energy 12-month plan. We have compared other TXU free energy plans before. We searched rates in the Texas zip code of 75040. The first thing we noticed was that the Free Mornings & Evenings plan is an 18-month contract plan with a $295 early cancellation fee. This plan does not charge the energy charge or TDU delivery charges during the hours of 7-10 a.m. and 7-10 p.m. every day. The plan also requires an AMS-enabled smart meter. Call today to check lowest rates in your area: 469.207.1595 Now we dig into the actual price of this plan. Looking at the Electricity Facts Label (EFL), the plan shows an average rate of 14.6 cents per kWh based on 1,000 kWh usage. This average is factoring in the free nights and evenings (six total hours per … [Read more...]

Start an Ambit Energy Business for $75 (Normally $429)

Ambit Energy has announced that from April 11 through May 8, anyone can start their Ambit Energy business for $75. Normally the fee to start a business as an Ambit Energy consultant is $429. The $75 fee is just a one-time fee. There is a $24.95 cost per month for a consultant's marketing websites. So the total upfront cost to get an Ambit Energy business up and running is $99.95. New consultants can enroll two Texas customers in their first 28 days and earn $100. If they get two more Texas customers (four total) in their first 28 days, they can earn an additional $100. Consultants who enroll three non-Texas customers in their first 28 days earn $100, and two more customers (five total) in their first 28 days earns another $100. So, new consultants can earn back and even double their business start-up investment by just enrolling a handful of customers. This $75 promotion doubles to $150 on May 9 and runs through June 5. Then it doubles again to $300 on June 6 and runs through … [Read more...]

Ambit Energy to Expand in Massachusetts, Virginia, New Hampshire

Ambit Energy, the sixth-largest retail energy provider in the country, announced a few new market expansions that will take place this spring. The expansions will take place within three states that the company is already offering service in. In New Hampshire, Ambit will open in three new territories: New Hampshire Electric Co-op for electricity to 80,000 available customers, in Unitil for electricity to 68,767 available customers, and in Liberty Utilities for electricity to 333,000 available customers. All three territories will open on Feb. 27 for Residential & Small Commercial customers. The largest expansion is happening in Massachusetts: in the NationalGrid territory for electricity with 1.2 million available customers, and in the NSTAR territory for electricity with 1.1 million available customers. Enrollments for both new markets begin April 15 for Residential & Small Commercial customers. That's a total of 2.3 million potential customers in Massachusetts alone for … [Read more...]

Ambit Energy Announces Open Consultant Enrollment

For the first time in the history of the company, Ambit Energy today announced that new Marketing Consultants can enroll for $0. The cost to start an Ambit Energy business has traditionally been $429, but from Jan. 24 through Feb. 27, anyone can sign up as an Ambit consultant in an open enrollment period with the $429 waved. There is a monthly fee of $24.95 for a suit of websites consultants use to run and market their businesses, including signing up customers and other consultants. The announcement was made at the company's annual Simulcast kickoff event help in Dallas and Newark, N.J. New consultants can earn $100 just by enrolling two Texas customers or earn three non-Texas customers. They can also earn an additional $100 for two more Texas customers in their first 28 days in the business, or an additional $50 for two more non-Texas customers. Ambit Energy has never offered free or even a discount to enroll as a consultant. This is an unprecedented move for the company, but … [Read more...]