Posted by
Chad Raney on Tue, Feb 14, 2012 @ 05:05 PM
Ambit Energy, a national retail energy provider, announced today the company ended 2011 with over 700,000 customers – an increase of more than 250,000 for the year.
"We have been extremely fortunate to have so many new people discover the value of Ambit Energy," said Jere Thompson Jr, Ambit Energy co-founder and CEO. "Thanks to our dedicated team of Independent Consultants, Ambit's customer base grew over 65% for our second year in a row."
After reaching 500,000 customers in the first quarter of 2011, the company, announced that it surpassed 600,000 customers in August. Contributing to Ambit's late-2011 growth was the completion of a 32 market expansion, including eight residential markets and 24 small commercial markets and continued growth in the Texas ERCOT market.
"New markets mean exciting new opportunities, and our incredible, entrepreneurial Consultants are making the most of them," said Chris Chambless, Ambit Energy co-founder and CMO. "With their amazing efforts, we're on track to reach our goal of one million customers and $1 billion in annual revenue."
As a retail energy provider, Ambit Energy buys power wholesale and resells it to retail customers. Customers are acquired by the company's team of more than 150,000 Independent Consultants nationwide.
Posted by
Chad Raney on Thu, Nov 10, 2011 @ 01:29 AM
When Chris Chambless & Jere Thompson named the finest and most respected energy retail provider years ago and they chose the name AMBIT ENERGY. I have heard people call it Ambient Energy , Ambien Energy , and even Ambid Energy. The name AMBIT means "sphere of influence". A sphere of influence is the equivalent to your friends and family when it comes to relationship marketing. Because if you can help someone save money or eliminate their electricity bill (mine was a whopping $5.72 last month) which in turn can save them thousands of dollars a year... Who would you tell first? Your AMBIT - aka your Sphere Of Influence.
So when you have the opportunity to make thousands of dollars a year and build a long term residual income by sharing that service, who are you going to tell about that? Your AMBIT! Get the idea? In fact our top money earners make more in a month that most people do all year long. That is truely a unique business opportunity. That is Ambit Energy.
Posted by
Chad Raney on Tue, Nov 08, 2011 @ 06:04 PM
Rapid growth continues for Inc. Magazine’s “Fastest-Growing Private Company for 2010”
Ambit Energy, a national retail energy provider, announced today that the company has surpassed 600,000 active customers – only four months after passing the 500,000 customer milestone in the first quarter of 2011.
“Our incredible growth is due to great people, solid processes and superior technology,” said Jere Thompson Jr., Ambit Energy co-founder and CEO. “We will continue to rely on this combination of talent and technology as we execute our plans for aggressive expansion into deregulated energy markets across the country.”
Along with record customer enrollments in the Texas ERCOT market, two additional factors in the company’s recent growth were strategic expansions in New York and Illinois with the addition of electricity service in the ComEd Illinois market and expansions in New York state, including Orange & Rockland Utilities (O&R) and Central Hudson Gas & Electric.
“Our company’s exponential growth is a testament to the hard work of over 130,000 Independent Consultants, who have embraced the Ambit business opportunity by continuing to share the value of Ambit with their friends, family and business associates,” said Chris Chambless, Ambit Energy co-founder and CMO. “Working together, we are on target to reach our goal of 1 million customers and $1 billion in annual revenue in 2012.”
As a retail energy provider, Ambit Energy buys power wholesale and resells it to retail customers. Customers are acquired by the company’s team of more than 130,000 Independent Consultants nationwide.
Posted by
Chad Raney on Tue, Nov 08, 2011 @ 03:22 PM
Company to provide electricity service to 3.8 million ComEd customers
DALLAS – June 13, 2011 – Ambit Energy, a national retail energy provider, announced today it will launch electricity service in the Commonwealth Edison (ComEd) service territory in mid- June. The company’s offering provides a new electricity choice with affordable rates to electricity customers in the greater Chicago, Rockford and Joliet areas, servicing more than 3.8 million customers.
“We first entered the Illinois market in 2008 providing alternative gas service to customers in the NICOR territory and have been recognized as one of the only alternative suppliers to save customers money over the incumbent provider,” said Jere Thompson Jr., CEO and co-founder of Ambit Energy. “We’re excited to bring that same value to customers in the ComEd territory as part of our continued expansion into deregulated markets across the United States.”
Ambit Energy offers retail consumers in ComEd an innovative energy experience including discounted monthly and term plans with up to 12.4 percent savings, affordable green products derived from renewable resources, friendly customer service and a free energy program that allows customers to completely eliminate their monthly bill by referral other customers.
Reaching new customer milestone
The company surpassed 500,000 active customers in the first quarter of 2011. This milestone is just one of many recent growth achievements Ambit Energy has seen in the past year as it was named the No.1 fastest growing private company by Inc. magazine.
“We appreciate the efforts of our Independent Consultants who recommend Ambit Energy service to their friends and family throughout all of the markets we serve today and are pleased to provide them with new opportunities in Illnois,” said Ambit Energy CMO and co-founder Chris Chambless. “Our rapid customer growth is a tribute to our company’s people, systems and processes—and to our commitment to be the finest, most-respected retail energy provider in the country.”
As a retail energy provider, Ambit Energy buys power wholesale and resells it to retail customers. Customers are acquired by the company’s team of more than 130,000 Independent Consultants nation-wide. Ongoing customer relationships are supported by a people-focused, U.S.-based customer care center utilizing the company’s patent-pending technology platform, Bluenet®, which manages all aspects of the customer life-cycle, from utility transactions between customers and transmission providers to web-based account management tools that include tracking and reporting customer referrals for Ambit’s free energy program.
Ambit Energy Illinois
Posted by
Chad Raney on Tue, Nov 08, 2011 @ 02:31 PM
Ambit Energy, a national retail energy provider and the fastest - growing private company in America for 2010 according to Inc. magazine, earned the 31st position on the international list of the DSN Global 100 by Direct Selling News. The company’s ranking jumped seven positions over 2009.
Helping drive the Direct Selling News ranking is the company’s dramatic customer growth. Recently, Ambit surpassed 600,000 active customers in the deregulated energy markets of Texas, Illinois, New York, Pennsylvania and Maryland.
“Over the past five years, our direct selling model has proven to be very successful,” said Chris Chambless, Ambit Energy co-founder and CMO. “Our record growth in customer and Consultant enrollments is a testament to the power of providing individuals the opportunity to improve their financial future by educating friends and family about savings options for their energy usage.”
In 2011, the explosive growth of Ambit Energy continued with expansion into Commonwealth Edison service areas in Illinois, and to more than 620,000 homes in the service territories of Orange and Rockland Utilities and Central Hudson Gas and Electric. Additional expansion is planned during the coming months.
“Ambit Energy strives to be the finest and most-respected retail energy provider in America, and to be named among the top 100 in the world by Direct Selling News is one more way that we’ve been recognized for our commitment to that goal,” said Jere Thompson Jr., Ambit Energy co- founder and CEO. “The dedication of our Independent Consultants and our expansion strategy will help us increase our ranking year-over-year.”
Posted by
Chad Raney on Tue, Nov 08, 2011 @ 01:45 PM
There is a gap in America. A gap between the insanely rich and Average Americans. Through the years I have been able to associate myself with a few Billionaires and they always seem to have information about the direction of our economy six months prior everyone else. One such Billionaire grew a multibranch regional bank that he sold to Wells Fargo a few months before the stock market crash of 2008. When you have great resources you can move those resources out of the Stock Market and into Cash then back into the market when it his a bottom. But most Americans aren't this priveledged.
- Most Americans can't afford to invest great sums of money into alternative energy investments.
- Most Americans can't afford to invest in an oil well as gas prices rise.
- Most Americans can't afford to build Natural Gas wells in Texas, Pennsylvania, Lousiana, or another great Shale Natural Gas find.
As
Energy Deregulation sweeps across the country it gives customers the power to choose their Electricity and Natural Gas Providers.
Ambit Energy gives average Americans the Opportunity to earn a residual income by referring others to a service that everyone uses. Any average American can become an
Ambit Energy Consultant for a small fee. Entrepreneurship is what gives the average American the chance to make an above average income.
Posted by
Chad Raney on Thu, Jun 09, 2011 @ 05:52 PM
DALLAS, June 9, 2011 /PRNewswire/ -- Ambit Energy, a national retail energy provider, announced today that it passed 500,000 active customers in the first quarter of 2011. Named the fastest-growing privately held company in 2010 by Inc. magazine, Ambit Energy has expanded into 15 deregulated energy markets in only five short years.
"Our customer count increased 73 percent in 2010, and we are on track to match that pace in 2011," said Ambit Energy CMO and co-founder Chris Chambless. "We've always been committed to providing our customers the best value in the retail energy industry, and reaching 500,000 active customers proves that our strategy is and will continue to work as we expand into seven additional markets later this year."
Said Jere Thompson Jr., Ambit Energy CEO: "From the day we launched, our commitment has always been to be the finest and most-respected retail energy provider in America. We will continue to provide affordable electricity and gas, offer free energy through our customer referral program and will do all we can to support our Independent Consultants and to help them succeed."
As a retail energy provider, Ambit Energy buys power wholesale and resells it to retail customers. Customers are acquired by the company's team of more than 130,000 Independent Consultants nation-wide. Ongoing customer relationships are supported by a people-focused, U.S.-based customer care center utilizing the company's patent-pending technology platform, Bluenet®, which manages all aspects of the customer life-cycle, from utility transactions between customers and transmission providers to web-based account management tools that include tracking and reporting customer referrals for Ambit's free energy program.
About Ambit Energy
Ambit Energy is a Dallas-based energy provider of electrical and natural gas services in deregulated markets across the U.S., including regions of Texas, Illinois, New York, Pennsylvania and Maryland. Ambit Energy was named the fastest growing private company in America for 2010 by Inc. magazine. Focused on being the finest and most-respected energy provider in the industry, Ambit Energy offers cost-effective and sound choices for today's energy consumer. For more information on Ambit Energy's customer-built service, monthly utility savings opportunities or to join the Ambit Energy team, or call (800) 376-7709
Posted by
Chad Raney on Fri, May 13, 2011 @ 05:31 PM
Here are the fastest companies to $1 billion in annual revenue according to Forbes magazine.
If Ambit Energy continues its current pace of growth through next year, we'll pass Dell, Apple and eBay on this list reaching $1Billion in 6 years, 9 months.
Posted by
Chad Raney on Thu, Aug 21, 2008 @ 08:20 AM
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Dallas, TX, United States, 08/21/2008 - Ambit Energy, L.P., announced today that former Vice Chairman, President and COO of TXU, David W. Biegler, has joined the company as an investor and advisor to the executive management team.
A 40-year veteran of the energy industry, Mr. Biegler currently serves as Chairman of Estrella Energy, L.P., a natural gas transportation and processing firm. He retired from TXU as Vice Chairman in 2001.
"This is the first time I have invested in a Texas-based electric retail provider. I like Ambit’s experienced management team, its home-grown systems, its expansion into New York and Illinois, and its remarkable business model. The company has had phenomenal growth and has demonstrated its ability to manage that growth very well. Ambit's strategic partnership with Shell Energy Trading speaks a lot about the respect Ambit has earned from the giants in the industry in such a short amount of time. I am excited about the opportunity to play a role in helping Ambit reach its potential and about joining this group of investors," said Mr. Biegler.
"David Biegler's experience in the energy industry is invaluable. He is a perfect addition to our investor group," stated Ambit Energy Co-founder and CEO, Jere Thompson, Jr. "His standing and respect in our industry and our local community is enormous. We look forward to tapping into his expertise and wisdom."
Mr. Biegler joined TXU in 1997 as its President and Chief Operating Officer. He became Vice Chairman of TXU in May 2000. He previously served as Chairman, President and CEO of ENSERCH, the parent of Lone Star Gas Company. He joined ENSERCH in 1966 where he served in a variety of management and executive positions prior to becoming Chairman.
Mr. Biegler has been involved in community and charitable activities throughout his career. He has served as President, Circle Ten Council, of the Boy Scouts of America. He has previously chaired the Greater Dallas Chamber of Commerce, the Dallas Citizens Council, United Way of Metropolitan Dallas and Education is Freedom. He holds a B.S. in Physics from St. Mary's University in San Antonio and completed the Advanced Management Program at Harvard University. Mr. Biegler also serves as a board member of Southwest Airlines Company, Trinity Industries, Inc. and Dynegy, Incorporated.
Ambit Energy, L.P. (ambitenergy.com) is a retail energy provider based in Dallas, Texas. Ambit currently provides electricity service to residential customers in deregulated Texas markets, serves electricity and natural gas customers in the five boroughs of New York City and Westchester County, and provides natural gas service in certain markets in Illinois.
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Posted by
Chad Raney on Wed, Nov 07, 2007 @ 11:28 PM
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Dallas, TX, United States, 11/05/2007 - Ambit Energy, L.P., announced today it will begin offering natural gas service to residential customers in the Con Edison territory of New York City and Westchester County. The company's natural gas service comes with the same savings guarantee currently extended to Ambit Energy's electricity customers in New York—7% discount for the first two month’s usage and an annual overall savings of at least one percent under the incumbent provider's rate.
Ambit Energy Co-founder and Chief Marketing Officer Chris Chambless said, "We're offering consumers in New York an attractive alternative to the monopoly provider's service and a no lose guarantee. We guarantee our New York customers will save at least one percent less on an annual basis than they would have paid with Con Ed, or we'll send them a check for the difference."
Ambit Energy natural gas customers who switch from Con Ed will save at least 7% under the incumbent’s rate for their first two months of service, and thereafter receive a competitive variable rate.
Said Ambit Energy Co-founder and CEO Jere Thompson, Jr., "As we build Ambit Energy to become the finest and most respected retail energy services provider in the country, we continue to identify opportunities where we can be competitive so that we can offer our customers alternatives and lower rates on all kinds of residential energy products."
In addition to offering natural gas service and standard electricity service to New Yorkers, Ambit Energy offers the Ambit Certified Green plan—certified by the Green-e Program to reduce the environmental impact of the energy used by Ambit Energy customers on the plan.
About Ambit Energy
Ambit Energy, L.P., (ambitenergy.com) is based in Dallas, Texas. Ambit Energy currently provides electricity service to residential customers in deregulated Texas and New York markets.
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