Ambit Energy Company’s Comparison To The Others
Ambit Energy as of April 2009 currently shows a superior rating in regards to consumer complaints and filings over some of the top electric companies in Texas. TXU Energy and Stream Energy also known as Ignite Energy so more consumer complaints in regards to billing, slamming and cramming issues. When comparing Ambit Energy in regards to consumer complaints it is important to consider how many total customers a Texas electricity company has. The number of complaints as a percentage of total customers may add a better perspective on what Texas electric company actually has the worst track record.
The Ambit Energy multi-level marketing company seems to be a close copy to Ignite Energy but with a little less history as they started a couple years after Ignite started. The interesting thing about these Texas electric companies is their pattern of having some of the same corporate execs and marketing managers. They seem to go from one MLM opportunity to another. One after another these MLM companies go bankrupt or break a law or two and they are no more. This problematic industry doesn’t always go up in flames as we see that Herbalife is a thriving MLM business for more then 10 years and traded heavily on the stock exchange. Mary Kay is another example of an MLM business that has managed to thrive. The issue is when these companies hire unscrupulous business managers who have a history of screwing their customers and the representatives that join the organization to sell their products. Ambit Energy and Ignite Energy have their share of such help. There is a great resource to learn more about the history of these companies, how they came to being, and the background on the corporate guys running the show.
Cult Like MLM Behavior
The Ambit Energy electric company is one of those things that facilitates a bit of cult like behavior among the recruits. It is much worse then a big Wal Mart employee convention. What happens is the representative trying to recruit you as a salesmen will make you a “believer” in the opportunity. You will see how you could compound and compound the percentage of sales as 3 direct recruits each gather 3 and those each gather 3. Before you know it you are calculating millions of dollars that await you if you sign up enthusiastic MLM reps like you. You will quickly discover that not everyone is as enthusiastic as you when it comes to selling the electricity and the opportunity to others. In other words, this business takes a lot of gumption and hard work. This is no easy routine. You have to work the crowd at the meetings, make believers, travel the state and sign up customers and recruits. The goal is to sign up some highly motivated recruits that will go out and get the needed electricity customers so you can make commissions on their energy customers.Â These electric customers are their family and friends. Your recruits at this point are so amazed by the notion of being a millionaire that they convince their family and friends to sign up on an electric rate that is substantially higher then what is currently available among various other Texas retail electric providers. The family and friends begin to get upset after aÂ few months of bills and bad customer service experiences. The recruit starts to realize that the real money is in signing up other recruits. A large bonus check is given each time you sign up a new rep to work the business. The electric customer that signs up becomes a small but needed part of the business while signing up new reps becomes the primary goal. Eventually the reps become unmotivated, the customers choose a different energy provider and the MLM business starts making less and less money. A serious MLM rep might make some good money for awhile but the residual money does go down as the years move on. The MLM reps who started at the beginning of the opportunity and worked it hard are the ones who make the millions and hundreds of thousands. The other MLM reps are basically paying the fortunes to the corporate execs and beginning MLM reps who helped kick start the business.
The Shame Of It All
The shame in this opportunity is that the money is not long lasting, it does take a lot of travel at meetings across the state to keep a money making MLM going and family and friends get talked into doing something they really don’t want to do. If you have been asked to sign up on the Ambit Energy electric rate you may want to check out www.powertochoose.org and compare it with various other providers. You might also want to check out www.scam.com for information on how this could be something you want to avoid. If you would like an alternative electric rate for your residential home electric needs then you should check out Startex Power who has the lowest electric rate out there right now for both a 6 month and 12 month electric rate term. There are not additional bogus customer service charges with this rate. The energy charges will just consist of the kwh rate times the amount of usage you use.