Read no further … this is the best of the Ambit Energy reviews!
I choose to review Ambit Energy because it has been one of the fastest growing network marketing companies, since its inception. Does this mean it is a good company to join or not?
If you are thinking about joining Ambit Energy, you should read as many Ambit Energy reviews as you can find. Be sure that the reviews that you read are not written by current members of the Ambit Energy opportunity. They are just there to try to recruit you into the business and may not give you an unbiased review.
My review of Ambit Energy will be an independent review. I am not, nor have I ever been a distributor of Ambit Energy products or the business opportunity.
Whether you are thinking of joining Ambit Energy or any other network marketing company, I would urge you to do your own due diligence. I strive to provide you with useful information that should give you a good start into examining this company. Remember, this is only a start!
People frequently lose money while trying to build any network marketing company.
Ambit Energy reviews – the company and its history
Ambit Energy was founded by Jere Thompson, Jr., who is the CEO and Chris Chambless, who is the CMO. The company was founded in 2006. Ambit Energy was started to provide both natural gas and electricity to consumers living in states that have deregulated energy. Energy deregulation means that anyone who can get licensed in one of these states, can sell energy to the public. They are, currently, licensed in 14 states. They are Connecticut, Delaware, Washington, DC, Illinois, Massachusetts, Maryland, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, Virginia, Texas and they provide service to California.
From their humble beginnings, they have grown to have a distributor force of more than 250,000. They have over 1,000,000 customers, as well. They’ve done this in 8 years.
There are only 13 network marketing companies that do over $1,000,000,000 in revenues, per year. That’s $1 billion! Ambit Energy is number 12 on that list.
Ambit Energy is well into their 8th year of business. This is a good sign as they have made in through the first 5 years. Most network marketing companies that fail, will fail in their first 5 years of business.
It’s very impressive what they’ve been able to accomplish this in such a short period of time.
Ambit energy reviews – BBB Rating for Ambit Energy
I checked with the Better Business Bureau, and Ambit Energy has a rating of A+. They are in very high standing with the BBB.
Keep in mind that this rating is derived from the complaints that the company gets and how well they are able to resolve these problems.
If you would like to read the BBB report, you can find it here. Ambit Energy BBB report.
Ambit energy reviews – their products
Ambit energy only has 2 products to choose from. They are electricity and natural gas. They can provide them to either residential or business customers.
When I do a review of a company, I usually provide a link to get a sample of the company’s products. However, since the products are electricity and natural gas, there is no need for that.
All electric and gas providers buy their products “on the grid.” It is the same electricity and gas that you would get from any company. The only thing that changes, when you sign up for Ambit’s services, is the billing name on your monthly bill.
Ambit does offer “guaranteed discounts” on their products. I did call the company about this and I was told that the discount plans vary from state to state and from day to day. If you are interested in comparing their rates to the rates you have with your current provider, you can check on their website. Ambit’s website.
Ambit energy reviews – if you join
If you decide to become a distributor for this company you will pay $429.00. Then there is a monthly fee of $24.95 for a replicated website and “back office. This gives you the right to sell Ambit’s energy products.
Ambit energy reviews – the compensation plan
There are just 5 levels in the Ambit compensation plan. The range from the entry level of Marketing Consultant to the top level called, National Consultant.
There is a company produced video that goes over the compensation. It is a little over 5 minutes in length. It shows the possible incomes at each level and shows that they, too, have bonuses for differing achievements.
I also found an 18 page document that might go into more detail. You can find that document here. Getting Paid.
Ambit energy reviews – their income disclosure statement
I was unable to find an Income Disclosure Statement on their website. I decided to call Ambit Energy Customer Service and I was told that information was confidential. I was also told that I was the only person who had ever asked for that kind of information. I told them that it was my understanding that the FTC requires that information to be made public.
They were unimpressed.
I ask for the IDS just to make sure that nothing is totally out of whack. Because there are times when things are totally out of whack.
Ambit energy reviews – is this the right company for you?
Obviously, you will need to make that decision for yourself. There are a few things that I like about Ambit Energy and a few things that concern me.
I like the fact that they have been in business for 8 years. They have shown phenomenal growth in that time. Being one of 13 companies that have reached the $1 billion level is nothing short of fantastic! They show no signs of slowing down, any time soon.
They may not have been the first network marketing company to enter the energy niche, but they have quickly become the leader in the industry.
These are the things that concern me about Ambit Energy. They can only operate in the United States. There are only 28 states that have energy deregulation. Some of those 28 states are now conducting “pilot” programs. There is no guarantee that they will adopt energy deregulation, for the future. Also, some of the states that do have energy deregulation, have only one of the products that are deregulated. This means that Ambit may be able to sell electricity, but not natural gas. Or vice-versa.
Ambit Energy scam?
Being that Ambit is in the energy niche, there may be some that might think that they are a scam. Let me assure that Ambit is a good and strong company. They are in no way a scam!
As always, if you are thinking about joining this company, do your own due diligence.
The person who sponsors you is just as critical to your success as the information that is contained in this Ambit Energy review.
In the end, you must be willing to sell the products and recruit people into the business. It helps, a lot, if you are enthusiastic about, both, the company and their products!
I am wishing you the best of luck in your network marketing journey!
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