Ambit Energy: A New Way to Earn Residual Income from Home

by Cathy Yeatts

The Company

Ambit Energy is a Texas based retail energy provider that markets its service through network marketing. Ambit was founded in 1992 by Jere W. Thompson, Jr., who is currently the CEO, and Chris Chambless, now the Chief Marketing Officer.

Both men have experienced tremendous success in telecommunications at the time that they were being deregulated. Thompson founded and guided CapRock Fiber Networks to $300 million in annual revenues. Chambless was the head of marketing for Excel Communications. With this kind of leadership, it’s very likely that Ambit Energy will a powerful force in the industry.

The Service

Ambit Energy markets electricity and natural gas in Texas, Illinois and New York. Customers experience no change in the way electricity is delivered to their homes, because energy travels through the same power lines in the same way, no matter what company provides it.

For nearly as long as electricity has been in use in American homes, public utilities have held a monopoly over the energy industry. In the last few years, however, there has been a trend toward states deregulating utilities.

If you have felt taken advantage of before by complacent state-run monopolies, you’re going to like the change brought about by deregulation. The competition for business causes providers like Ambit strive for your business by offering better rates and more attentive service.

Ambit comes into the competition armed with discounted service, no contracts to sign, and customer incentives, like Travel Rewards Points given each month based amount of energy used. Ambit has joined the Better Business Bureau and has a Customer Satisfaction Guarantee.

The Opportunity

Ambit Energy’s stand is that employees and consultants come first. When distributors are treated well by a company that is helping them to reach their personal goals, the customers are winners too.

Energy is a convenient product for network marketers. Everybody uses it, everybody understands the need for it, and everybody wants to save money on their bills!

In contrast to other home business opportunities, there is no paperwork and no inventory. Consultants to not have to deliver product around town, and there is no ongoing customer service for them to do. Just sign the customers up and Ambit takes it from there.

Ambit energy is strategically positioned at the mouth of the retail energy movement. Consultants stand to benefit from the rush of consumers recently freed from the monopoly of public utilities and searching for a better deal.

Ambit Energy’s Compensation Plan:

1. Earn up to $400 for customers you enroll in your first 12 weeks. You count as one, your website counts as two, and pending customers also count.

2. Earn $100 for every new Marketing Consultant you sponsor who enrolls four customers in their first four weeks. Advance in rank and you could earn as much as $190 for every new consultant in your organization.

3. Earn monthly commissions on every active customer in your organization through six levels.

4. Earn monthly bonuses on all of your team members’ customers, ranging from $0.50 to $2.00 through unlimited levels of your organization.

Ambit Energy markets electricity and natural gas both through distributor websites and traditional, one-on-one network marketing.

I have read some press labeling Ambit Energy a pyramid scheme. (Actually, a lot of mlm’s are accused of that.) Some mlm companies are considerably more profitable for long-timers than for beginners, whereas some offer very little room for upward expansion. Neither is an evil scheme. The bottom line is that would-be consultants need to know exactly what type of business they’re getting involved in, and to commit themselves to sticking with it long enough to succeed.

There are great benefits for team builders that could translate into substantial income. But sometimes the bigger the incentives for team leaders, the harder it is for the new guy to succeed. That is because part of his profits are going to pay the Team Builder Bonuses he hopes to earn one day. That is also why determination is so important in this business.

Ambit is not just receiving bad press, though. Former energy marketer, Laura Licata, compares network marketers disinterested in the Ambit Energy opportunity to those who wish they took the advice or had the insight to invest in Google or Microsoft when they were not household words.

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