Is Ambit Energy an MLM or Pyramid Scheme? (Reviews)

Welcome to my Ambit Energy Reviews.

If you were wondering …

Is Ambit Energy an MLM?

Or Is Ambit Energy a Pyramid Scheme?

You are in the right place.

Ambit Energy is an MLM Company Multi Level Marketing Company founded in 2006 by Jere Thompson, Jr. and Chris Chambless. There is no illegal pyramid scheme involved with Ambit Energy. They are located in Dallas, Texas, United States, and specialize in Retail electricity and natural gas provider.

Keep reading for more information on Ambit Energy.

Table of Contents

What is MLM?

Network Marketing, also known as Multi Level Marketing or MLM, is a business model that uses a network of independent distributors to sell products. The distributors earn a commission for each product they sell. They can also build a sales team and earn overrides.

Some examples of MLM companies include Herbalife, Amway Herbalife, and Avon Mary Kay. You can get almost any kind of product through MLM. Some examples are Health and Wellness Nutrition, Beauty Cosmetics/Skincare, and Home Care Cleaning.

One of my favorites is a company called Send Out Cards that have greeting cards and gifts and a system to send them out automatically from the internet.

What is a Pyramid Scheme?

Pyramid schemes may sound like a quick and easy way to make money, but the truth is much more sinister. This dangerous form of investment relies on nothing more than false promises and deception- resulting in many unsuspecting investors being taken for their hard-earned cash. It’s no wonder why these illicit activities are strictly prohibited across so many jurisdictions; unleashing devastating financial consequences at even the slightest hint of participation.

What is Ambit Energy

Founded	2006 – Dallas, Texas, United States
Founded By	Jere Thompson and Jr., Chris Chambless
CEO	Jere Thompson Jr.
Website	www.ambitenergy.com
Headquarters	Dallas, Texas, United States
Product Line	Retail electricity and natural gas provider
IndependentConsultants	600,000+
Sales	US$1 billion 2013
Employees	625 2014

As mentioned, Ambit Energy is a network marketing business headquartered in Dallas, Texas, United States. It was founded in 2006 by Jere Thompson, Jr. and Chris Chambless. They are Retail electricity and natural gas provider. Ambit Energy is a legitimate Multi Level Marketing company, not a Pyramid Scheme. The Current CEO is Jere Thompson Jr., and they have more than 600,000 Independent Consultants.

Ambit Energy is an innovative electricity and gas MLM company that stands out from the pack, much like its competitor Stream Energy. By signing up for a 1-2 year contract with Ambit, customers can take advantage of low prices to keep their homes or businesses running efficiently. But be warned – once your initial contract ends you may face higher monthly bills.

Ambit has offices in the United States, Japan, and Canada.

Watch: What is Ambit Energy

Is Ambit Energy a Scam?

Ambit Energy is a multi-level marketing MLM company that provides retail energy services to consumers in the United States and abroad. Despite having been around for more than 15 years, Ambit Energy has drawn some criticism in certain corners of the internet, with some calling it an MLM or even a pyramid scheme. But is Ambit Energy a scam?

The short answer is no; Ambit Energy is not a scam. The company, which operates in deregulated energy markets across 16 states and Washington D.C., follows all laws regarding MLMs and does not appear to be running any type of scamming operation. Ambit’s MLM model certainly has its detractors, but it does not reach the level of illegality that would qualify it as a scam.

Is Ambit Energy Legit?

Yes, Ambit Energy is a legitimate company. It is a retail electricity and natural gas provider that operates in deregulated energy markets across the United States. The company was founded in 2006 and has since grown to serve more than 1.5 million customers.

Ambit Energy has an A+ rating with the Better Business Bureau and has received several awards and recognitions for its business practices and customer service. While some customers may have had negative experiences with the company, Ambit Energy is generally considered to be a reputable and reliable provider of energy services.

Customers can find a plan and rate structure that works for them at Ambit Energy’s flexible and affordable website. If you have any queries or concerns, their support staff is there to help you out.

Overall, it appears that switching to Ambit Energy from your current supplier would be a good decision. Do your own research and study the fine print before making any commitments.

Can I Make Money With Ambit Energy?

With Ambit Energy, you can unlock a world of financial opportunity. Whether through residual income from customer bills or bonuses for signing up new customers, the multi-level marketing model provides endless ways to create wealth – as long as you understand how it works. Not only will sales consultants be rewarded with benefits such as cash prizes and thanksgiving trips but they’ll also benefit from earning regular commissions on services sold.

Ambit Energy Founders

Jere Thompson Jr. is a visionary entrepreneur who founded Caprock Fiber Networks and cultivated its phenomenal growth from the ground up with an incredible 1,300 employees and $300 million in annual revenues.

Meanwhile, Chris Chambless proved to be equally trailblazing by spearheading Excel Communication’s remarkable journey of overtaking Wal*Mart & Microsoft as the billion-dollar revenue makers! Are you curious about what these two business mavericks did? Come on board for more information now.

Ambit Energy Products

Natural gas and electrical services are provided to 17 different states in the United States by Ambit Energy. It is not as simple as having a set fee because the rates will be slightly varied for each individual and state.

Here are some of the primary services provided by Ambit:

Commercial services- Helping small and large businesses
Personal home services- Perks like “free energy” and gift cards
Green energy- from sources such as wind
Solar- Solar options for customers in 11 states
Ambit Energy Compensation Plan

There are 3 Ways to Earn with Ambit:

Immediate income jumpstart bonus and team builder bonus

Leadership income when you or your team get promoted

Residual income commission from your customer’s plans

For More on Ambit Energy Compensation Plan, check the PDF Link Below.

https://www.ambitenergy.com/marketing/Images/images/3_ways_to_earn_booklet_11_30_pz.pdf

Watch: Ambit Energy Compensation Plan

Video Link:

Ambit Energy Reviews

Ambit Energy | Reviews | Better Business Bureau Profile

https://www.bbb.org/us/tx/irving/profile/electric-companies/ambit-energy-0875-90033973/customer-reviews

Ambit Energy Reviews Updated May 2022 | ConsumerAffairs

https://www.consumeraffairs.com/utilities/ambit.html

Ambit Energy Training

Ambit Energy Quick Start Training

Ambit Energy Jump Start Training with multiple Executive & National Consultants

Are You Prepared To Produce Results In Your Ambit Energy Business? | Ambit Energy Training

Ambit Energy Business Training | Grow Ambit Energy Business Opportunity Online

Ambit Six-Step Training

Ambit Energy Countries

Ambit Energy has offices in States, Japan, and Canada.

Ambit Energy Customer Service Number

The Ambit Energy Customer Service Number is 800 743-5000

Ambit Energy Income Disclosure

Income Disclosure Statement – Ambit Energy

Link: https://mediaserver.ambitenergy.com/media/get/incomedisclosure

Ambit Energy Customer Service and Support

Company Address:	1801 North Lamar Street Suite 600. Dallas, TX 75202-1711.
Ambit Energy Phone Number:	214-270-1770
Phone Line Hours of Operation	Monday – Sunday: 7:00 a.m. – 10:00 p.m. CT
Sales Support/Shipping/Sign-Up	careaction@ambitenergy.com
Ambit Energy Login	https://powerzone.ambitenergy.com/Login.html?
Product Support	mediarelations@ambitenergy.com

Ambit Energy Social Media Accounts

Ambit Energy Facebook	https://www.facebook.com/AmbitEnergyOfficial
Ambit Energy Twitter	https://twitter.com/AmbitEnergy
Ambit Energy Youtube	http://www.youtube.com/user/AmbitEnergyLLC
Ambit Energy Instagram	https://www.instagram.com/ambitenergy/
Ambit Energy Linkedin	https://www.linkedin.com/company/ambit-energy
Company Login	https://powerzone.ambitenergy.com/Login.html?

Ambit Energy Reviews PROS AND CONS

So, let’s say you’re considering making the jump into multi-level marketing with Ambit Energy and are curious about how it stacks up against the competition. I’ll fill you in on the basics of what to anticipate from Ambit Energy. Please note that the above is merely my opinion and that you should conduct your own investigation before acting. Okay, so let’s get going.

Ambit Energy Pros

When compared to other MLMs, Ambit Energy has a few advantages:

1. Green energy.

As the concern about the environment mounts, more and more people are seeking solutions to reduce their carbon footprint. Ambit Energy offers a unique chance for customers not only to save money on energy but also to become part of a greater solution by choosing green power that is reliable yet environmentally responsible.

Whether you’re an individual looking for tangible ways to make a difference or simply want lower bills without sacrificing convenience – Ambit Energy has something for everyone in this new age of sustainability.

2. Electricity is a monthly expense many people need help avoiding.

Ambit Energy offers essential services that are here to stay, providing a refreshing alternative in the MLM market where many companies focus on luxury products like those offered by Beautycounter, Rodan + Fields, and Young Living. No matter your household or business needs – Ambit is there with reliable solutions.

3. It’s a billion-dollar company.

Ambit Energy reached dizzying heights of success, becoming the fastest-growing company in the United States and achieving a billion-dollar valuation within three years. Proving its staying power, this behemoth has continued to remain one of America’s top companies since 2010.

Ambit Energy CONS

There are several hidden truths that the majority of people will never learn about until they join and it is too late:

1. Price increases.

Many people are feeling the pinch of having to pay far more for their energy rates than they had expected. Complaints filed with the Better Business Bureau and consumer affairs reveal that outrageous prices or sudden jumps in price after contracts end have become a common problem – leaving countless individuals struggling unnecessarily under high bills.

2. Monthly expenses.

Despite the apparent low monthly fee of Ambit Energy’s replica website, there is a lot more to having an accessible online presence than meets the eye. Paying for additional training may be necessary if you’re looking for help boosting your visibility and drawing in visitors – something that this company, unfortunately, does not provide assistance with.

3. Compensation Plan

Investing in an energy solutions company may seem like a lucrative venture, however without any information on their compensation plan or average rates and only a video to go by – it might not be worth the risk. What’s more worrisome is that while they promise residual payments are minimal, who exactly paid off the $1.2 billion dollars of 2016 energy bills? Digging deeper into this investment could hold hidden rewards…or consequences!

Ambit Energy Frequently Asked Questions FAQ

How does Ambit Energy compare?

Ambit is the go-to provider for Texans looking to snag a great rate on their electricity. Backed by the same power grid giants like Oncor, Centerpoint, and AEP use, you won’t have to worry about sacrificing dependability when switching over your energy source. What’s more – Ambit offers top-notch billing systems, bill pay features, and customer care services that are second to none!

Is Ambit Energy cheap?

Ambit Energy offers competitive rates, but its services leave something to be desired. Their customers are missing out on helpful tools and information that can help them become more energy efficient – an opportunity cost they’re paying for low prices.

How do I get rid of Ambit Energy?

Unhappy with Ambit Energy’s paperless billing and electronic communication? Give them a call at 877 282-6248 to take back control of your energy decisions.

Does Ambit Energy have free nights?

Yes, Ambit Energy has a renewable energy plan called Free & Clear Nights plan, which gives you 100% wind power to help protect the environment. With Green-e Energy’s third-party standards in place, rest assured that your eco-friendly decision meets all necessary requirements.

How much do Ambit Energy consultants make?

Ambit Energy Consultants earn an impressive yearly salary of $108,140 – almost half more than the average annual income in America. It’s a great potential for ambitious & motivated individuals looking to maximize their earning power!

How long does Ambit give you to pay your bill?

Energy bills require prompt attention! Ambit Energy Canada customers have a limited window of sixteen days to settle their payments after receiving their statement in the mail. Don’t miss out – make sure you get your payment submitted on time!

What happened to Ambit Energy?

In 2019, Vistra Energy made waves in the energy industry with its $475 million acquisition of Ambit and its customer base. This purchase represented a significant milestone for both companies just three months after Stream sold part of its business to rival providers.

Is Ambit Energy legitimate?

In the deregulated electricity market in Texas, where there are many retail electric providers REPs, Ambit Energy is one of the many that offers low-cost and dependable electricity plans, including alternatives with fixed rates, variable rates, and green energy.

Is Ambit Energy electric or gas?

Ambit Energy offers electric, gas, and solar services and Green-e plans with a Renewable Energy Certificate. The products and services are provided through their independent consultants.

What states have Ambit Energy?

Customers can receive electricity and natural gas service from Ambit Energy in states such as: and the District of Columbia: California, Illinois, Indiana, Maine, Delaware, Maryland, New Hampshire, New Jersey, Massachusetts, New York, Ohio, Pennsylvania, Rhode Island, Texas, and Virginia and the District of Columbia.

What does it mean if my Ambit Energy bill is negative?

You may be eligible for a refund due to an overpayment on your account! Keep in mind that it could take some time before you get the money back.

How long has Ambit Energy been in business?

Ambit was established in 2006 with a straightforward goal: to be America’s finest and most-respected retail energy provider.

What is a switch hold Ambit Energy?

A Switch Hold is designed to help safeguard customers from unexpected costs when switching Retail Electric Providers. It acts as a protective measure against potential charges stemming from unpaid bills or meter tampering, ensuring smoother transitions without any interruptions in service.

How do I pay my Ambit bill?

The automated phone system 877 282-6248 or your MyAmbit Account provides the perfect way to conveniently schedule regular installments with a credit/debit card. You can also link it directly to your bank account for added convenience of paying your Ambit Bill.

Conclusion – Is Ambit Energy an MLM or Pyramid Scheme?

Ambit Energy is not a Pyramid Scheme. It is a legitimate multi-level marketing company with more than 1 million customers. Ambit Energy has been in business since 2006 and has an A+ rating from the Better Business Bureau.

The MLM opportunity is a way for people to make money by selling energy plans as Independent Consultants. The company also offers an impressive compensation package, along with other benefits such as training and mentoring programs.

For people looking to get into MLM, Ambit Energy is an excellent choice. Not only does it offer great payouts but, it also provides its Consultants with the resources and support needed to be successful.

In addition, Ambit Energy is a reliable company with a great track record. With thousands of Independent Consultants around the country and millions of satisfied customers, it’s no wonder why Ambit Energy has become one of the most popular MLM companies in the United States.

SickofTheBoss.com is the brainchild of Jack Bastide. It is designed for entrepreneurs and those that want to be. You can find Jack on Facebook or Linked In.