There are many MLM programs that commonly deal in health & nutrition supplements, personal care, skincare solutions that don’t create much interest. As against this trend, there are also MLM programs that provide products or solutions for your day-to-day needs. One of them is Ambit Energy. Ambit Energy offers natural gas, electricity, solar energy solutions, and home security services. The products are used in every household and this is the reason it is interesting to know more about the Ambit Energy MLM program. This Ambit Energy MLM review will provide you all the necessary details to help you make an informed decision about joining.
Ambit Energy MLM Review: What is Ambit Energy?
Ambit Energy is a multi-level marketing company that offers natural gas, and electricity services in the deregulated U.S energy markets. They are headquartered out of Dallas Texas. This company was founded by Jere Thompson Jr. and Chris Chambless in 2006.
Currently, Ambit Energy provides products in 16 U.S market regions and intends to expand its territories outside the U.S. They also have a presence in Japan and Canada. The company was rewarded with the Fastest-Growing Private Company in America tag by Inc. Magazine in 2010.
In 2019, Ambit Energy was acquired by Vistra Energy, another giant in the Energy industry.
How does Ambit Energy MLM work?
Ambit Energy is a member of the Direct Selling Association of America and has adopted a multi-level marketing business model to sell its products. They hire independent consultants to connect directly with the customers offering multiple solutions for their electricity and natural gas products.
All the Ambit Energy products are offered with a Renewable Energy certificate that adheres to the U.S compliance markets.
Ambit Energy MLM model works like other MLM business models. You have to make customers by direct selling and recruiting downlines.
How to join Ambit Energy MLM?
If you plan to sign-up as an independent consultant, visit https://www.ambitenergy.com/start-a-business/sign-up
and fill in all the required details. Once you have registered, you will be contacted by an independent consultant from Ambit Energy.
You have to pay $75 as a sign-up fee. Additionally, you will have to shell out $24.95 per month for the suite of training and tools.
The benefits of joining Ambit Energy MLM
Joining Ambit Energy as an Independent Consultant has some benefits. Here are some of them:
Products: Ambit Energy products are renowned and trustworthy. The energy, solar, and natural gas products are something that is long-running horses. These products will remain in need for as long as we can think of. The ever-green products and services make any business profitable and sustainable in the long run.
Free Energy: Ambit Energy offers a Free Energy program for its consultants. Yes, you will have to refer 15 customers to qualify for their Free Energy program that claims to reduce your energy costs to none. Free Energy is highly rewarding for referring 15 customers that could be tough but not impossible.
Affiliate Program: Apart from the MLM business model, Ambit Energy also offers an affiliate program to earn commissions. You just have to find a customer and fulfill his requirement with a suitable Ambit Energy product to receive your commission.
Ambit Energy MLM Compensation plan
The Ambit Energy MLM compensation plan is divided into three categories:
Immediate Income: Immediate Income model is based on making customers and asking your customers to do the same. In return, Ambit Energy pays you Jump Start bonuses. The bonus amount depends on total customer points accrued within a certain time frame.
You are also eligible for a Team Builder bonus when your sponsored consultant earns their Jump Start bonus by making customers.
You can earn up to $400 as Jump Start bonuses + $100 as Team Builder bonuses depending on your customer points and time frame.
Leadership Income: Leadership Income starts by building your own team. As you start to grow your customers and downlines you will increase your level of position and income. The Leadership Income has the following categories of consultants:
- Regional Consultant,
- Senior Consultant,
- Executive Consultant,
- National Consultant
To hold your leadership levels, you will have to maintain the minimum customer requirement points. The earning bonuses may go up to $240 based on the performance of each consultant level, and customer points.
Residual Income: Residual Income is purely based on the consumption of energy units by your customers. The bonus amount may vary depending on the region and level of leadership under your sponsorship.
The above three ways of earning are further applied to the Solar Compensation plan.
In addition, Ambit Energy also offers affiliate program commissions based on the state and energy usage levels of your referred customers.
How much money can you make with Ambit Energy MLM?
Going by the 2019 Income Disclosure statement of Ambit Energy, the average annual earnings of an Independent Consultant (beginner’s position) was $2134. And that of National Consultant (highest position) was $333,766.80 per annum after remaining active for 2069 days (almost 6 years).
So, the average monthly income for an independent consultant is less than $200 per month and for a national consultant, it is less than $30k per month after spending 6 years.
Add the costs relevant to your suite maintenance, energy consumption bills, the earnings will go down further. You will also have to maintain the minimum customer requirement points to hold your consultant position.
All these factors confirm that making money with Ambit Energy MLM is a tough and challenging task. Achieving your dream of earning financial freedom is far from the truth, you may have to put in a big effort and spend a formidable amount of money to sustain your position with Ambit Energy.
Is Ambit Energy a pyramid scheme?
Ambit Energy offers valuable products to their customers that will always remain in demand. They also offer a comprehensive package of bonuses and incentives along with free energy to their consultants.
However, a lot of emphasis is given to recruitment of downlines rather than the promotion of their products to improve personal earnings. Officially, Ambit Energy cannot be termed as a pyramid scheme but disguisingly close to it.
Is Ambit Energy legit or a scam?
Ambit Energy is a legit company since 2006 offering natural gas and electricity services in the U.S, Canada, and Japan. It is not a scam.
Lawsuits against Ambit Energy
Ambit Energy has had its share of ups and downs since its launch. The company has constantly faced challenges in terms of various lawsuits and fines from consumer advocates and regulators.
In 2010 and 2012, Ambit Energy was penalized with $57,500 for customer protection rules violation.
In 2014-2015, many customers complain about sudden spikes in their consumption rates. Customers were of the view that the rates were deliberately increased post expiration of their contracts by Ambit Energy.
The company was also accused of misrepresenting the contracts by its consultants. They lured certain sections of people especially older ones to increase their downlines.
As a result of multiple investigations, Ambit Energy had to refund $950,700 to more than 1500 customers.
Frequently Asked Questions
1. Is Ambit Energy an MLM?
Answer: Yes, Ambit Energy is an MLM company that sells natural gas, and electricity to customers.
2. How much does it cost to join Ambit Energy MLM?
Answer: It cost $75 to signup with Ambit Energy MLM. You will also have to pay $24.95 per month for training and tools.
3. Can you really make money with Ambit Energy?
Answer: You can make money with Ambit Energy provided you are good at recruiting people. But you cannot have a living with the Ambit Energy MLM program.
4. Is Ambit Energy accredited by BBB?
Answer: Yes, Ambit Energy is accredited as A+ by BBB.
- Ambit Energy is a reputed and trustworthy company since 2006
- Ambit Energy products are always in demand and have a high value
- Ambit Energy MLM business model is flexible and easy to join
- Ambit Energy provides valuable trainings and tools for their MLM program
- You can make good amounts of commissions and bonuses with the Ambit Energy MLM program
- Ambit Energy offers Free Energy plans to their consultants
- Ambit Energy also has an affiliate program
- Ambit Energy has multiple lawsuits related to their MLM program
- The MLM model is highly dependent on the recruitment of people
- Ambit Energy MLM is not free to join
- The compensation plan of Ambit Energy is highly demanding
- Making money with the Ambit Energy MLM program is very difficult and time-consuming
Conclusion: Is Joining Ambit Energy MLM recommended?
MLM models usually lack sustainability. The reality is you have to put in lots of effort, money, and skills to achieve success and financial freedom through any MLM.
Ambit Energy has some positives such as its reputation and products. Green energy is a revolution and more and more people will shift towards it sighting low consumption charges and a safe environment.
The company has been in existence despite several legal issues solely owing to its reputation and financial stability.
On the other hand, the complex and challenging requirements of recruiting and maintaining people, the fact that only 1% of their consultants could make reasonable income after spending several years, and personal funding towards maintaining your membership and personal energy consumption are all discouraging factors.
I won’t recommend joining Ambit Energy MLM program unless you are hellbent on exploring your recruitment capabilities, and afford recurring investments.