Ambit Energy has a rate for June at .1199 cents a kwh
Ambit offers what appears to be a very low cost residential electricity rate (.1199 cents kwh) for residential customers in Texas.
What’s the catch?
As long as you remain on the plan the entire term of the contract which is 12 months you will avoid the early termination penalty which is a hefty $199. The rate they offer as of June 2007 is .1199 cents kwh which is very low. You must be using over 500 kwh in order to have this rate otherwise you will have to pay a rate of .1398 cents kwh.
There are many customers who don’t break above 500 kwh so be sure and review your electricity bill to see how many kwh you use a month before signing up for this rate plan. Also, when the 1 year term is up be sure to go back out and renegotiate your electric rate.
6 users commented in " Ambit Energy Lone Star 1 Year "
Follow-up comment rss or Leave a TrackbackWhen looking for electricity choices in Texas, NY & IL please be wary of Ambit Energy. Executives have been made aware that one of their reps, Bob Pearson, is soliciting potential reps for $5,000 - $10,000 in order for him to build their Ambit business. They claim this is against Ambit policies and even though more than one person has reported Mr. Pearson’s tactics, they have chosen to let him stay in Ambit:
NBC Channel 5 - Thousands Victimized by Bob Pearson
http://video.nbc5i.com/player/?id=115208
Monique,
Please come to the corporate office and sign an affidavit that this occurred and I am confident that the execs at Ambit will handle it appropriately. So far no one who continues to make these claims has come forward to sign an affidavit stating this.
I have read thes claims all over the internet from Igite reps. however they all stand unfounded until the proof is presented.
Please provide the Proof! If this practice were truly occuring the company would have halted his operation immediately.
The fact is no proof has been submitted.
Seems to be that someone has a Vendetta against Mr. Pearson.
By the way, I don’t know Mr. Pearson but I’d leave the past in the past.
i have had ambit enegery for a year. i think its been a great company to get my eletric from we went from 500.00 a month to under 250.00 a month the bill was split in half….
I’m shopping around, and these guys are on my list to consider.
One thing I always need to know is how much lead time they give between billing and pay-due dates. I had repeated problems, late fees and a disconnect from Entergy before I finally told them to take a flying leap. I notice they are no longer around. I WONDER WHY.
I was considering going with Stream until I read TWO user comments about their billing practice, same as Entergy. Bye-bye Stream!
Thinking about Ambit Energy? BUYER BEWARE!
I signed up 3 months ago on the month to month plan (thats all that was offered in my area at the time). The rate was 10.1/ kw hr. The very next month my rate shot up to 16.6. Just got my latest bill - the rate is now 19.9. What started as a good competitive rate now is now legalized rape. AMBIT = RIPOFF!!!
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