Other MLM Related Electricity Companies Competing With Zurvita Energy
Ambit Energy – started after Ignite and uses a similar compensation plan and borrowed some execs as well. Ignite and Ambit do not get along.
Ignite Energy – The first MLM electricity service company in Texas when Texas deregulated. Many sales associates came from the bankrupt Excel telecom.
Affordable Energy – A traditional electricity company which added an MLM side of their business to add market share in an attempt to gather as many customers as companies like Ignite which claims to have 400,000 electric service customers.
New Age Power Brokers – A recent development as of 2009 that offers a business to business referral network but their claim is that they are not an MLM company like Zurvita, Ignite, and Affordable Energy.
GME – Green Mountain Energy Company is a traditional electric company that added an MLM division in an attempt to add additional market share. They pride themselves in their green and renewable energy choices.
Zurvita is a new MLM Energy Business Based in Several States
A few companies have followed after the steps of Ignite Energy to see if they too can increase their market share by creating a multi level marketing company to add additional electric service customers to their company. Ignite started after Excel Telecommunications went out of business. Excel sold their downline list to Shaklee (a vitamin MLM company) and many of these Excel reps said, “no thank you” and helped to start Ignite. Based on online information it is said that Ignite has signed up over 400,000 electric service customers. This is not confirmed but if this is true it makes since why traditional electric companies like MXEnergy, Green Mountain Energy and Affordable Power Plan would attempt to create an MLM company to add additional customers. If Ignite did it then it would make since that other electric providers could do the same thing. Zurvita is located in several states although the biggest market with an incentive for customers to switch providers remains in Texas. The margins are a bit thinner in other states with little if no incentive to switch providers.
Energy MLM’s Overdone in Texas
An issue with MLM is that it can sometimes be overdone. As an example, Ambit Energy is a close copy cat to Ignite Energy and both Ignite and Ambit Energy are on the decline as this opportunity has been heard by most people in the state of Texas and not as many people are interested anymore. In order to start up a succesfull MLM electric service company you need a different compensation plan then the other electric providers that will raise eybrows enough to attract people to the opportunity. Many people joined Ambit, Ignite, and now Zervita but haven’t made that much money. The hard part of the business is signing up electric service customers. Ambit, Ignite and now Zervita pay out a very small amount in residual income for personally sponsored electric service customers.
Don’t Waste Valuable Time
If you have spent anytime at all in building an MLM business you may know that you can waste several years signing up sales reps and getting the needed electric service customers only to have made a few hundred dollars over the course of the year. You don’t want to just be spinning your wheels for a year to find out the opportunity isn’t going to work for you. When choosing an MLM opportunity you want to make sure you get paid very well for signing up personally sponsored electric service customers. This will allow you to build up a traditional income while also building an MLM sales organization. By having a traditional commission pay structure for personally sponsored electric service customers you can create a business with little risk that the opportunity will not work out. You can then also build an MLM sales organization and not have all your eggs in one basket hoping that your downline takes off. Not everybodys downline takes off, especially if you came into the work from home opportunity late in the game.
Which MLM Electric Companies are Worth Joining?
A couple of work from home energy businesses that have a good upfront pay plan for personally sponsored electric customers are with Affordable Energy and Green Mountain Energy. Both of these companies started out as traditional energy companies and continue to have their two divisions. You can make very good money signing up personally sponsored electric service customers with these two companies. The residual with both of these providers is about $6 a month per customer. There is also a customer aquisition bonus with either company anywhere from $10 – $20 per customer. Affordable Energy offers the added benefit of being able to sign up commercial energy customers. A new commercial energy opp in Texas has created a little buzz known as New Age Energy Power Brokers. New Age mainly brokers commercial power for Glacial Energy which is licensed in several states. Sales associates get paid 40 percent on the commission New Age receives. This means that if a store using 40,000 kWh a year signs up a sales associate will make about $4 a month in commission on that customer. Many people see the 40 percent and say wow before doing the math. This is good commission but one must consider the customer you should be targeting to make money at something like this.