Ambit Energy is a retail energy electricity provider that is making a difference for energy consumers in Texas, New York, Illinois and now in Maryland beginning on November 1st, 2010.
In Texas, are an electricity supplier to residential, small business, and commercial/industrial customers and natural gas to residential customers; in New York, they are an electricity supplier and natural gas to both residential and small business customers; and in Illinois, they supply natural gas to residential customers.
Ambit Energy customers enjoy significant energy savings and an attractive travel rewards program. Additionally, through the Free Energy Program, customers can save energy or get free electricity each month by referring friends and associates to use the Ambit Energy service and save money on electricity.
The company acquires customers through a network of Independent Sales Consultants. In the highly-competitive market for the energy consumer, this acquisition strategy has proven to the most effective way to gather loyal customers. In fact, the strategy has allowed the company to be among the fastest-growing retail energy providers in the markets in which they operate.
The company is well-capitalized and powered by BlueNet™, an integrated customer management and billing system designed by an internal IT team for use by Ambit Energy and its licensees. This comprehensive and patented software engine manages all aspects of the customer life-cycle; from the utility transactions that take place between customers and transmission providers to Web-based account management tools to billing and collections of all energy accounts.
Further, the company has forged an energy purchasing agreement with one of the largest energy producers in the world, which allows us to forecast energy costs accurately and, in turn, provide highly competitive pricing to our customers.
Ambit Energy is a member of the Direct Selling Association (DSA). The company abides by the DSA’s Code of Ethics.
The company is a member of the Better Business Bureau and carries an A rating. Ambit Energy Better Business Bureau.
Ambit Energy Company Facts:
- Launched in August 2006
- Privately held
- Jere Thompson, Jr., Chief Executive Officer and Co-founder
- Chris Chambless, Chief Marketing Officer and Co-founder
- John Burke, Chief Information Officer
- Jim McFelea, Senior Vice President/Operations
- Locations
- Corporate headquarters: Dallas, Texas
- Operations/Call Center headquarters: Plano, Texas
- Three-year (2007 – 2009) revenue growth: 650%
- Three-year (2007 – 2009) employee growth: 975%
- Three-year (2007 – 2009) customer growth: 7780%