About Ambit Energy Electricity Service
Compare Ambit Energy Rates and Save
Ambit Energy's value proposition is like that of Amway or traditional MLM "Multi Level Marketing" or "Network Marketing" firm. "Sell services or products to your friends and family and make a monthly commission on those sales." In effect every sales level of the organization makes money off of the lower level of the organization. Ambit charges each sales associate a monthly fee to maintain their website/ presence - this is not reflected in any Ambit energy bill.
Ambit Energy Plans
Ambit Energy does not currently have any plans available on our site.
However, our Rate Comparison Page will let you compare plans and rates from other providers in the Ambit Energy region.
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Ambit Energy Customer Reviews
Ambit Comes Through For Me!
Have been a 3 year customer of Ambit Energy. During the recent rains (July 15-16, 2013) my power went out at my home in NE Dallas. I was able to contact my Ambit Energy consultant directly with my problem. She was then able to contact her customer service department to coordinate the actions with Oncor to review the issues with the line coming to my house. My power came back on within 12 hours. I'm very happy with Ambit Energy!!!
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Ambit Energy In The Community
Ambit Energy relies on Sales Consultants who pay a monthly fee to affiliate themselves with Ambit Energy. Your Ambit Energy Consultant will guide you through the steps to get the best energy rate. Generally there is little risk in signing up as an Ambit customer. Ambit rates are generally higher than competitive rates from most major Texas electricity suppliers, and in terms of reliability, your energy is delivered via the same distribution system, Oncor, Centerpoint, or AEP, etc. as everyone else. Ambit Billing, bill pay and customer service systems are top level. The key is understanding your usage and the impact on your energy bill. A $20 to 30% premium paid can add up to $500 over the course of a year.Ambit Consultants pay up to $429 to join the Ambit Consultant program, plus $24.95 a month to support their marketing website. First year start up costs would equal $729. Frequent sign up promotions and recruiting efforts may lower these costs. If you immediately sign up 10 friends, you'll make $240 in commissions from Ambit in your first year. So, you'll lose $489 in that year because of the signup and monthly fees. But, if you can sell 20 or so friends - you could make $800 in your first year. The question is - can you sell 20 + friends and family on buying electricity through you. Then you have to make sure they renew, every year, or they'll churn out for the next lowest rate.
Ambit and Variable Rates
As required by law, Ambit Energy send notices out 45 days prior to the end of every electricity contract in Texas. These mailed notices inform customers that their contract is ending and that their rate will move to a month to month / variable rate. If the contract is not renewed or a new plan selected, the customer will flip to the variable rate which may be 2 to 3x higher than the original contract rate. And that rate may move up or down every month until you lock in a new contract. In other words you can go from paying 9¢ per kWH to 20¢ per kWh in one month.