I recently researched this company because I was interested in the concept and in getting involved, but I am hearing things that have left me thinking otherwise. Ambit Energy is a company supposedly founded in 2006 by Jere Thompson and Chris Chambless, both individuals who I'd never really heard of in the MLM world previously, which is sometimes a major element in my decisions.
The company is a Retail Electric Provider selling commercial and residential electricity and natural gas to Texas, New York and Illinois via fixed rates based on income and area. It has definitely been successful and even made it on the charts for one of the fastest-growing privately held companies in the MLM world, although that doesn't always say much because nearly every company makes that claim.
Ambit supposedly offers its service to 200,000 customers and provides its MLM opportunity to new consultants, and has already managed to accumulate about 50,000 individuals selling and recruiting. They use a "coded" compensation plan that pays energy residuals based on customer usage through 6 generations, and Ambit offers all the usual bells and whistles you would expect with any other plan. They actually pay out based on the sales of services, and not on recruiting.
Lately, I'm seeing a ton of complaints all over the Internet with people saying the company is doubling and even tripling their customer's bills, only to point out the small print once they call Ambit and ask what is going on. I don't know what to make of them to be honest, if the system is designed to go up or if its just bad luck based on area and the lack of attention to detail you find in the elderly or those who don't understand how to manage finances. Either way, Its not a company I have any plans on trying to sell or utilize as a new source of power.