Houston, TX (PressExposure) January 17, 2012 -- Ambit Energy, a national retail energy provider, announced today that the company has surpassed 600,000 active customers - only four months after passing the 500,000 customer milestone in the first quarter of 2011.
"Our incredible growth is due to great people, solid processes and superior technology," said Jere Thompson Jr., Ambit co-founder and CEO. "We will continue to rely on this combination of talent and technology as we execute our plans for aggressive expansion into deregulated energy markets across the country."
Along with record customer enrollments in the Texas ERCOT market, two additional factors in the company's recent growth were strategic expansions in New York and Illinois with the addition of electricity service in the ComEd Illinois market and expansions in New York state, including Orange & Rockland Utilities (O&R) and Central Hudson Gas & Electric. The expansion will allow service to 620,000 customers and completes the retail expansion plan in the state of New York. As one of the first companies to recognize the opportunity of retail energy deregulation in New York, Ambit currently enrolls nearly 13 percent of all New York households switching to an electricity service company (ESCO) in the markets where it operates.
Also, the company offers a choice, with competitive rates, to residents in the greater Philadelphia and Scranton areas, servicing more than 3 million residents in Central and Eastern Pennsylvania PECO and PPL regions. This offers residents in these territories an innovative energy experience including affordable monthly rates, free energy incentives and an annual savings guarantee. Residents who switch also benefit from a personal relationship with an Ambit Energy independent consultant coupled with a guaranteed savings of seven percent for the first two months of service and at least one percent savings over a 12-month period.
"Our company's exponential growth is a testament to the hard work of over 130,000 Independent Consultants, who have embraced the Ambit business opportunity by continuing to share the value of Ambit with their friends, family and business associates," said Chris Chambless, Ambit Energy co-founder and CMO. "Working together, we are on target to reach our goal of 1 million customers and $1 billion in annual revenue in 2012."
As a retail energy provider, Ambit Energy buys power wholesale and resells it to retail customers. Customers are acquired by the company's team of more than 130,000 Independent Consultants nationwide. Ongoing customer relationships are supported by a people-focused, U.S.-based customer care center utilizing the company's patent-pending technology platform, Bluenet®, which manages all aspects of the customer life-cycle, from utility transactions between customers and transmission providers to web-based account management tools that include tracking and reporting customer referrals for Ambit's free energy program.
In addition to providing the electricity and natural gas, Ambit Energy offers a great way to earn income full or part time. If you are looking for an exciting opportunity where you can earn big money and be your own boss, look no further, Ambit wants you. Recognized by Inc. 500 Magazine as the #1 fastest growing private company in America, Ambit is a proven ENERGY provider with an expanding nationwide service market. The time to power your future is now! Become an Ambit Energy Independent Consultant and discover how you can build your own successful business offering the one thing everyone needs - ENERGY.