Deregulation of Energy

         Recently there has been interesting changes occurring in the overwhelmingly large energy market.  The government is attempting to dethrone the current energy monopolies which, in theory, will allow the millions of energy customers to choose from a host of competitive lower prices.

          The energy process consists of three parts: the generation, delivery, and retailing of the energy.  Until recently, the incumbent energy provider was able to control all three of these phases with monopolized rates.  The government has now made this process a thing of the past in 17 states (and counting).  In deregulated states, the current energy providers can now only control 2 of the 3 phases in the energy process, leaving energy retailing up for grabs.  Many of you have most likely been receiving letters from your current incumbent energy provider, encouraging you to seek out other energy retailer options, simply because they are no longer allowed to control each phase of the market.  The main question that many energy users are asking themselves now is:  "How do we choose the right energy retailer?"  Choosing an Energy Retailer

For those of you who would like to learn more about the deregulation of energy visit the link below for a more information.

Deregulation of Energy

Choosing an Energy Retailer

As local energy providers encourage customers to look elsewhere, many questions come to mind.  The main question that should be at everyone's center of attention is "How do I pick an energy retailer?"  There are many different factors that must be considered in order to have the best experience moving forward.

1)  Cost

• Obviously when switching to a different energy retailer, COST is what gets everyone's attention.
• Most retailers will be able to offer the customer a rate which is lower than their current due to the transition of energy to a competitive market.  This being said, don't jump at the first company to offer you a slightly reduced rate.

2)  Contracts-  Look for a provider that has no contracts, no exit/cancellation fees, and make sure that you have a good idea of how your rates will rise and fall over an extended amount of time.

• Many customers take a look at an initial electric rate that is sometimes 12-15% cheaper than their current going rate, their jaws drop, and they sign a contract right away.
• A few months later the rates on their bills spike up higher than what they were originally paying or what they were expecting to pay.

• The customer tries to leave the company to switch back to their original provider but under the terms of their contract there is a cancellation fee of $100-$200.

3)  No cost to switch from current provider and no security deposit fee.

4)  Investigate possible rewards

• This is mostly just an extra perk that some retail companies offer.
• Some companies offer travel or hotel rewards points so its not a bad idea to consider this when choosing between two very similar companies.

About Ambit Energy

Before I get started on talking about Ambit Energy, please see my first 2 pages

Choosing Energy Retailers

Deregulation

First off, Ambit Energy is a company out of Addison Texas created in 2006.  They operate as a direct selling company very similar to Avalon, Mary Kay, Pampered chef and the list goes on and on.  In fact, Ambit is now the 14th largest direct sales company in the world.

Since its conception, over the following 7 years the company has amassed a customer base of over 1 million and has grown to $1 billion in annual revenue (making them 1 of the 2 companies to reach a billion in under 7 years.  The other company being Google.).

To learn more about the history of Ambit visit the link below.

Ambit Energy Roots

Customer Sign Up

For any Questions please email me at:  Bryan.Hoover10@yahoo.com

*Independent Energy Consultant

Energy Facts

Customer Sign Up

Ambit Energy

After reviewing the previous posts, you can now make an informed decision on how to save yourself some money every month on your electric bill.  Below are some facts about ambit rates:

-  No cost to switch from you local service provider

-  Your bill will look IDENTICAL to your old bill.  It will just be a lesser amount.

-  Ambit offers a "fixed rate" and a "variable rate".  People most often sign up with the variable rate which essentially mirrors the activity of the local service provider's rate but at a lower cost.  For example for November:

PP&L (Pennsylvania local service provider) = 8.77 cents per Kilowatt hour

Ambit (Variable rate) = 8.35 cents per Kilowatt hour

-  There are absolutely no cancellation fees.

-  There are no contracts that you get locked into.

-  Once you're a customer you can refer friends and family in order to gain free electric for yourself.

   (15 referrals).

Customer Sign Up

Interested in Being a Consultant?

 Hoov Energy


Please visit the link above for a few short educational videos and additional information on signing up to be your own independent marketing consultant.

-  I have been an independent consultant for a little over a month now and so far it has been a very rewarding and educational experience.  I believe that this is a very rare opportunity very similar to when the Telecom AT&T empire was forced to break up, spawning titanic companies such as Verizon, Sprint, and T-Mobile.  One of the only differences in this industry that sets energy apart from phones, the energy industry dwarfs the previous telecom market.  This meaning, the potential for growth is staggering and the ceiling is very high.

For any questions feel free to email me at :  Bryan.hoover10@yahoo.com
*Independent Energy Consultant*

Energy Facts

Customer Sign Up

Ambit Energy

After reviewing the previous posts, you can now make an informed decision on how to save yourself some money every month on your electric bill.  Below are some facts about ambit rates:

-  No cost to switch from you local service provider

-  Your bill will look IDENTICAL to your old bill.  It will just be a lesser amount.

-  Ambit offers a "fixed rate" and a "variable rate".  People most often sign up with the variable rate which essentially mirrors the activity of the local service provider's rate but at a lower cost.  For example for November:

PP&L (Pennsylvania local service provider) = 8.77 cents per Kilowatt hour
Ambit (Variable rate) = 8.35 cents per Kilowatt hour

-  There are absolutely no cancellation fees.

-  There are no contracts that you get locked into.

-  Once you're a customer you can refer friends and family in order to gain free electric for yourself.
   (15 referrals).


Customer Sign Up

About Ambit Energy

Before I get started on talking about Ambit Energy, please see my first 2 pages
Choosing Energy Retailers
Deregulation


First off, Ambit Energy is a company out of Addison Texas created in 2006.  They operate as a direct selling company very similar to Avalon, Mary Kay, Pampered chef and the list goes on and on.  In fact, Ambit is now the 14th largest direct sales company in the world.

Since its conception, over the following 7 years the company has amassed a customer base of over 1 million and has grown to $1 billion in annual revenue (making them 1 of the 2 companies to reach a billion in under 7 years.  The other company being Google.).

To learn more about the history of Ambit visit the link below.



Ambit Energy Roots

Customer Sign Up


For any Questions please email me at:  Bryan.Hoover10@yahoo.com
*Independent Energy Consultant

Choosing an Energy Retailer

As local energy providers encourage customers to look elsewhere, many questions come to mind.  The main question that should be at everyone's center of attention is "How do I pick an energy retailer?"  There are many different factors that must be considered in order to have the best experience moving forward.

1)  Cost

• Obviously when switching to a different energy retailer, COST is what gets everyone's attention.
• Most retailers will be able to offer the customer a rate which is lower than their current due to the transition of energy to a competitive market.  This being said, don't jump at the first company to offer you a slightly reduced rate.

2)  Contracts-  Look for a provider that has no contracts, no exit/cancellation fees, and make sure that you have a good idea of how your rates will rise and fall over an extended amount of time.

• Many customers take a look at an initial electric rate that is sometimes 12-15% cheaper than their current going rate, their jaws drop, and they sign a contract right away.
• A few months later the rates on their bills spike up higher than what they were originally paying or what they were expecting to pay.

• The customer tries to leave the company to switch back to their original provider but under the terms of their contract there is a cancellation fee of $100-$200.

3)  No cost to switch from current provider and no security deposit fee.


4)  Investigate possible rewards

• This is mostly just an extra perk that some retail companies offer.
• Some companies offer travel or hotel rewards points so its not a bad idea to consider this when choosing between two very similar companies.

Deregulation of Energy

         Recently there has been interesting changes occurring in the overwhelmingly large energy market.  The government is attempting to dethrone the current energy monopolies which, in theory, will allow the millions of energy customers to choose from a host of competitive lower prices.
          The energy process consists of three parts: the generation, delivery, and retailing of the energy.  Until recently, the incumbent energy provider was able to control all three of these phases with monopolized rates.  The government has now made this process a thing of the past in 17 states (and counting).  In deregulated states, the current energy providers can now only control 2 of the 3 phases in the energy process, leaving energy retailing up for grabs.  Many of you have most likely been receiving letters from your current incumbent energy provider, encouraging you to seek out other energy retailer options, simply because they are no longer allowed to control each phase of the market.  The main question that many energy users are asking themselves now is:  "How do we choose the right energy retailer?"  Choosing an Energy Retailer

For those of you who would like to learn more about the deregulation of energy visit the link below for a more information.

Deregulation of Energy