MLM Electric Companies Abound

Texas has been known as a state that produces a lot of MLM business opportunity companies (Mary Kay, Excel to name a few) and most recently with the state deregulating the electricity market more and more energy providers are turning to MLM marketers to help them increase their market share. Some of the more recent brands that people may be familiar with in the electricity service business that are trying out the MLM sales model are Green Mountain Energy and MXEnergy. Most people know about Green Mountain Energy because of the huge surge in the demand for renewable energy and green living. The whole green idea is one of those fads that just so happens to be a good thing and popular unlike JAMS and mullets which should never have happened. 

MXEnergy is based out of several states and according to one of their disgruntled employees has picked up a majority of their customers through company aquisitions but are having trouble picking up new customers from their marketing efforts. Maybe the MLM company Zurvita who they have partnered with will help them in their endeavors of signing up new electric service customers in Texas. Green Mountain Energy has a unique product in that they sell green renewable energy at affordable prices and this may work very well with the renewable energy fad currently in full swing with the Obama administration.

Some of the more succesful MLM electric providers in Texas have been Ignite Energy and Ambit Energy. Ignite it has been claimed has signed up well over 400,000 customers. Considering that TXU Energy has over 2 million electric service customers and Reliant Energy has around 1.6 million it would appear the MLM business model has its merits in building market share in a growing industry.

Ambit Energy started right after Ignite began and took some of their executives and top money makers with them. Ambit started a very similar company with a similar compensation plan and apparently a small legal battle insued. We are not exactly sure about the outcome of the lawsuit against Ambit Energy or if that whole debacle is over but since than Ambit has bought a traditional electric company called Commerce Energy for several million dollars. Ambit Energy now offers fixed electric rates like Reliant and TXU that allows them to compete on a similar level to the big guys.

A company that started close to the time Ambit Energy did was Affordable Energy although their MLM system was in a beta level for several years before relaunching their business in 2007. Affordable Energy is now holding sales meetings throughout the state of Texas in the Rio Grande Valley area and Houston. Some small business meetings have started in and around the Dallas area as well. Affordable Energy pays commissions a little bit differently than Ambit and Ignite by rewarding sales associates with a traditional residual income when personal electric service customers are signed up. This type of payment plan seems a little counter intiutive to how MLM is normally run.

Usually a work from home business will pay you more money when you sign up sales associates and they gather a few customers. Affordable has a payment plan that pays their sales associates well for gathering customers and signing up sales associates to gather customers. So for the online marketer that wants to sign up electric service customers in a large volume this Affordable Energy company seems like the way to go. All in all there are good things to be said about Ignite, Ambit, Affordable Electric Company, Zurvita Energy, and Green Mountain Energy. Trying to pick the right electric company to go with to sell their energy is a bit challenging as they all have some pretty good pluses about their business compensation. The best thing to do is get the documentation on the compensation plan for each company and map out what the big pluses are in each plan then match that with what you believe you can accomplish for that company.

Ambit Energy Has A Semi Competitive Month To Month Plan

After browsing through multiple electric company pages today I ran across Ambit Energy’s page again. I had seen it before because there appears to be quite a few Ambit Energy sales associates advertising their energy products on just about any advertising medium available across the internet. Not to be rude, but many of the people making claims regarding Ambit are using hype type language that makes someone like me want to vomit. Have you ever had one of those telemarketers call you or gotten email promising they can make you a millionaire somehow with just a few hours of time a day?

I am old enough to have been given different scam opportunities over my lifetime and fortunately I haven’t fallen for any of them yet. Ambit Energy is an electric provider that offers low cost electric service to residential customers across the state of Texas. I checked into it and they have a month to month rate that starts at 9.9 cents kWh and what it does after the first month is not fully disclosed anywhere that I could find on their site. In comparison to this I found another electric provider called Startex Power that had a month to month electric rate like Ambit’s for 9.3 cents kWh. Of course with either of these electric rates it will go up on the 2nd 3rd 4th month on and on. From what I hear the average electric rate after the 1st month promo rate is some where in the vacinity of 12 – 13 cents a kWh. That is ok I guess since you are not on a contract and can switch without penalty at anytime but I wanted to know what the rate does after the first month. Startex Power discloses what the electric rate does the last 2 historical months. I looked on Startex Power’s site and unlike Ambit Energy they had the last 2 months of what the electric rate looked like for their month to month rate. It was  12.3 in February and 12.9 in March which corresponds with what the electric market has been doing over the last few months. The electric commodities market is at an all time high right now.