Ambit Energy
 |
|
| Industry | Energy |
|---|---|
| Genre | Retail electricity and natural gas provider |
| Founded | 2006 |
| Founders | Jere Thompson, Jr., Chris Chambless |
| Headquarters | Dallas, Texas, United States |
|
Area served
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TX, IL, IN, OH, NY, MD, PA, NJ, CT, MA, ME, CA, DE, RI, NH, VA and Washington D.C. |
|
Key people
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Jere Thompson Jr. (Co-Founder & CEO), Chris Chambless (Co-Founder & CMO), John Burke (CIO), Laurie Rodriguez (CFO) |
| Revenue | USD $ 1 Billion (2013) |
|
Number of employees
|
625 (2014) |
| Website | ww2 |
Ambit Energy is a United States multi-level marketing company that provides electricity and natural gas services in energy markets in the U.S. that have been deregulated. The company's corporate headquarters are located in Dallas, Texas, and its operations/call center headquarters are located in Plano, Texas. Ambit Energy was founded in 2006 in Addison, Texas by Jere Thompson Jr. and Chris Chambless.
Ambit Energy obtains customers through a network of independent consultants who work directly with the customers. Ambit Energy uses a multilevel marketing model and is a member of the Direct Selling Association of America, a public relations and lobby organization that represents the interests of multilevel marketing companies in the United States.
Ambit typically offers customers one or two-year fixed-rate contracts for utilities. After the contracts expire, services may automatically switch to variable-rate plans unless customers manually renew the fixed-rate plans. In some cases Ambit's variable-rate plans are substantially more expensive. This has prompted complaints and lawsuits from consumers, and an investigation from New York Public Service Commission. In December 2015, the Department of Public Service in New York announced that it had secured refunds for 1,566 Ambit customers, totaling nearly one million dollars.
Ambit Energy was named 2010's Fastest Growing Privately Held Company by Inc. Magazine. The company placed 390th in 2011, 1,996th in 2013, and 2,074th in 2014.
Ambit Energy offers electric, gas, solar services and Green-e plans, offered with a Renewable Energy Certificate (United States). The products and services are offered through their independent consultants.
Solar is offered through Sunrun in several Ambit markets: California, Connecticut, Massachusetts, Maryland, New Jersey and New York. The service is sold through Ambit’s Independent Consultants. Their customers are then matched with a representative from Sunrun who completes the enrollment process.
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Wikipedia