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Ambit Energy

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Score Breakdown

  • Value to You: 00000
  • The Brand: 00000
  • The Team: 00000
  • The Frontline: 00000
  • Resilience: 00000

Company Snapshot

  • Product(s): Electricity and natural gas
  • Marketing Style: Person-To-Person
  • Compensation Plan: -
  • Year Founded: 2006
  • Corporate Revenue: $197 million
  • Markets: Texas, New York and Illinois
  • Distributors: More than 50,000
  • Employees: 230
  • Headquarters: Dallas, Texas
  • Website: http://www.ambitenergy.com

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Ambit Energy is a $197 million company that specializes in the sales of natural gas and electricity to be sold through a person to person marketing style.

Ambit Energy was started in founded in early 2006 at a Potbelly’s restaurant in Addison, Texas by founders Jere Thompson and Chris Chambless.

Ambit Energy claims that it buys power at cheap wholesale prices and resells it to customers.  For those living in a regulated energy market, this means power is constantly supplied to the homes in a deregulated market and you choose who to pay.

HOW IT WORKS:

According to information on Ambit’s website, Ambit buys energy at wholesale prices and sells it to customers at a profit.  Almost everything at Ambit is automated to keep costs down and the CEO’s even use $19.00 fold-able desks.  Income is earned through getting people to switch to Ambit for their gas and power needs.

Ambit houses over 230 employees in Dallas Texas and have 70,000 independent agents in New York, Illinois, and Texas.

Average start up cost: $400.00

 

Comments (1)

  • Domino H.

    With only 3 states in which to sell, it’s hard to find people that haven’t heard of Ambit. Great company and I love how they got started.

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