Ambit Energy Wholesale Club Plan Launches in Texas

Ambit Energy has introduced a new Wholesale Club plan for Texas residential electricity customers. Just as the name suggests, the plan works much like a wholesale retail club such as Sam’s or Costco. Customers pay a monthly membership fee and gain access to wholesale electricity prices with no mark-ups. [Also watch the explanation video below!] That’s right… no mark-ups! Because it’s an indexed plan, wholesale prices are based on actual market prices. This can be more volatile than fixed rate and variable plans. Prices can change because of factors like economic conditions, fuel prices, seasonal electricity demands, generator outages, weather and other factors. Ambit Energy Wholesale Club Facts 12-month term Indexed plan $0.99/day if on automatic payments $1.25/day if not on automatic payments TDU fees & taxes also apply Must be a residential customer with a smart meter So, is the Ambit Energy Wholesale Club the best plan for you? This new … [Read more...]

Reviewing Ambit Energy Texas Free & Clear Nights Plan

Ambit Energy recently launched three new residential electricity plans in Texas. One is the Free & Clear Nights 12. This new plan features 100% wind energy, so if renewable energy is important to you, this is definitely a plan to consider. The free nights plan is not yet (as of October 2017) available in all Texas delivery territories. So, how do the free nights work? It’s pretty simple (be sure to scroll down to watch the video). Basically, you are not charged for the energy rate or the local TDU (such as Oncor) delivery charges from the hours of 9:00 p.m. – 5:59 a.m. But you are charged during the hours of 6:00 a.m. – 8:59 p.m. All hours of usage, however, are 100% wind energy. The Free & Clear Nights 12 plan does require a smart meter. The average rate per kWh based on kWh usage ranges as follows: 14.6 cents/kWh for usage around 500 kWh 13.1/kWh for usage around 1,000 kWh 12.3/kWh for usage around 2,000 kWh Keep in mind these average rates are not … [Read more...]

VIDEO: Crazy Reliant Fee – $5.95 to Call Customer Support!?

A new Ambit Energy consultant on my team sent an image of his bill for us to look at it. We noticed an inconspicuous line that noted customers would be charged a fee of $5.95 PER CALL to call customer care. That's insane! How is that caring for your customers? No, this probably applied to the specific plan this customer was on, but charging your customers $5.95 just to call customer support is just crazy. Always be aware of hidden fees like this. I always make sure my Ambit Energy customers have my cell phone number so they can call or text me any time they have questions. If we need to pull in Ambit customer service, we will. Ambit does not charge an extra fee just to call customer support. See the video below to see the fee and for a couple more tips on things to spot on a bill so that you know what you're really paying. Also read this post on how to find your true average rate on a Texas electricity bill. … [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...]

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...]

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 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...]

Ambit Energy Launches Customer Energy Management Tools

Ambit Energy, one of the top retail energy providers in the country, has launched two new energy management tools for Texas residential customers with a smart meter. They can view their energy usage and estimate monthly charges. These tools include a weekly email, the Ambit Energy Advisor, which includes a weekly usage summary, a projected monthly usage summary and an estimated monthly billing amount. For a more detailed report, customers can log in to their MyAmbit Account Usage Summary online. This summary allows customers to analyze their energy by month, week, day, and even down to as small as 15-minute intervals. These tools are intended to help Ambit Energy Texas customers better understand their energy use throughout help them to better manage their monthly budget, conserve energy, and predict their bills. “The launch of the Ambit Energy Advisor and MyAmbit Account Usage Summary further illustrates how we keep our customers’ best interests at heart and provide the … [Read more...]

Energy Future Holdings – TXU Parent Company – Files for Bankruptcy

Energy Future Holdings Corp., the parent company of TXU Energy, filed for Chapter 11 bankruptcy Tuesday. This comes after months of anticipation since the company holds debt of more than $40 billion. The bankruptcy filing likely will not bring about any immediate change in operations. TXU still has more than 1 million customers, but the news of bankruptcy could change things dramatically for the long-time Texas electric provider. Energy deregulation is well-established and known in most of the deregulated markets in Texas, so TXU customers can choose to switch retail energy providers whenever they wish. Energy Future Holdings' bankruptcy may cause many current customers to shop around for a different electric provider. Comparing Texas electric rates can sometimes be confusing if you don't know what to look for. Customers who do chose to shop for a new provider should compare average rates quoted at the same kilowatt hours used. This way the comparisons are on the same … [Read more...]

Ambit Energy Rolls Out Three-Month Low Rate Texas Plan

The record cold winter has caused the demand and cost of energy to increase pretty significantly. Therefore, electricity and natural gas rates have increased recently. To help rise out this rate hike through the spring, Ambit Energy is offering Texas customers a three-month low 9.2 cents/kWh average rate (based on 1,000 kWh used). Customers can lock in this low rate for three months then switch to a longer-term plan, such as a 12-month or 24-month plan, when their three month plan expires. Compare that to the 12-month plan in the Oncor North Texas area with an average rate of 10.6 cents per kWh. The three-month option is a great way to save money on your Ambit Energy bill through the spring. Setting up your Ambit Energy account online only takes about five minutes. All customers get a free website to track your usage, pay your bill, track your travel rewards points and refer other customers to qualify for free energy every month.     … [Read more...]