Is Ambit Energy a Pyramid Scheme? – My Honest Review

Ambit Energy Review

Welcome to my Ambit Energy MLM review.

Ambit Energy supplies gas and electricity to American households. They also offer a lucrative multi-level marketing business opportunity.

If you are curious to know:

  • Is Ambit Energy a pyramid scheme
  • Who owns the company
  • The real cost to start
  • Whether users are successful
  • And much more!

You’ve come to the best website!

I’ve dedicated a few days to analyzing this MLM program, taking notes, uncovering all sorts of hidden info, and thoroughly going over the program so that I can provide you with the most helpful Ambit Energy review.

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I Want To Know…

About the Reviewer

Hey, I’m Ivan Brozincevic!

Since 2018, I’ve been making a full-time income online, which allowed me to quit my old job (about me).

In the beginning, I struggled to identify legit courses and avoid ones that were just out for my money.

That’s why I created this website – my main goal is to help you steer clear of pitfalls and discover the top online business courses.

Every week, I invest hours in reviewing online courses and writing reviews based on my fact-driven review guidelines to assist you in making an informed choice.

Related: Check out my FREE training program for making money online.

Is Ambit Energy a Scam or Legit?

Ambit Energy is not a scam. It is not a network marketing firm. Their service is good, and their payment plan is easy to understand without the help of their specialists.

However, the lack of transparency from the company makes it difficult to recommend to anyone.

It’s hard to determine if their professionals are actually earning any real money, as their earnings disclosure statement is not easily accessible.

While it is possible to build a profitable and successful MLM company, there are better ways to build a lucrative hustle besides multi-level marketing.

What is Ambit Energy?

Ambit Power is a multi-level marketing business that supplies electricity and natural gas. Its goal is to prevent monopolization in the industry and provide various options and cost points to individuals.

The company also offers the opportunity for individuals to become “Independent Consultants” (IC), earn money, and receive “free energy”.

Established in 2006 by Jere Thompson Jr. and Chris Chambless, Ambit Energy is headquartered in Dallas, Texas. The fact that Ambit Energy has continued operating is a positive indication of its legitimacy, especially considering that many MLMs fade away after three years.

Ambit Energy is known for its leadership in solar energy solutions and currently operates in 17 states across the USA.

Ambit Energy Website

The company offers competitive rates for a 1-2 year contract but instantly places customers on a variable price afterward, which appears exceptionally high compared to other energy providers.

As a result, there have been numerous complaints as evident in this Ambit Energy review. Additionally, Ambit Energy provides an opportunity to earn money as an “Independent Consultant” (IC), similar to other MLM businesses.

This resemblance is often why people claim that Ambit Energy is a scam, which I will address in my Ambit Energy review.

Who Owns Ambit Energy?

In November 2019, Vistra Energy acquired Ambit Energy, making Ambit part of a leading, integrated energy company.

This acquisition has positioned Ambit to better serve the needs of both domestic and industrial consumers.

Vista Energy Ambit Owner

The success and continual expansion of Ambit Energy caught the attention of Vistra Power – another innovative company known for excellence.

As the leaders engaged in conversation, they discovered shared values such as honesty, advancement, customer-centricity, excellence, and excitement.

This led to their decision to join forces, with Ambit retaining its branding and MLM model.

Related Review: Oriflame MLM

Is Ambit Energy a Pyramid Scheme?

Ambit Energy is not a pyramid scam. Although it may bear some resemblance to a pyramid scheme, MLM is not a scam.

It involves marketing a service or product to customers. You can generate income by selling Ambit Energy services to others.

However, the key to making substantial money ($1,000+ a month) or covering consultant expenses is recruiting a significant number of people into the MLM business. This makes Ambit Energy somewhat akin to a pyramid scheme in disguise.

Before delving further into this topic, let’s first understand what a pyramid scheme truly is…

What Is a Pyramid Scheme?

A pyramid scheme is a business model that recruits members by promising payments or services in exchange for enrolling new members, rather than providing investments or product sales.

You can learn more about this concept by watching the short video below.

When we consider the true definition of a pyramid scheme, we recognize that the constant need to attract new members plays a crucial role. This is what sets network marketing apart from companies that are not pyramid schemes.

So, why do many people believe Ambit Energy is a pyramid scheme?

The reason lies in the fact that as a beauty representative, you have the opportunity to earn commissions by selling their products. Additionally, you can make money by recruiting individuals into the multi-level marketing scheme.

Hence, some people refer to it as a pyramid scheme in disguise…

Is Ambit Energy a Pyramid Scheme in Disguise?

Ambit Energy is often questioned if it operates as a pyramid scheme, but they claim to meet FTC standards. While they sell legitimate products and compensate based on sales, people can still perceive it as a potential scam.

Ultimately, whether it can be deemed a pyramid scheme depends on personal perspective.

What Products Does Ambit Energy Sell?

Ambit Energy is a provider of power solutions, serving customers in 17 states across the United States. They offer both gas and electrical power services.

Here is a list of the services and products they provide:

Commercial Services

For over a year, Ambit Energy has been helping companies reduce their energy expenses. With a team of experts, they facilitate the process and save money by providing special benefits and competitive prices.

Ambit Energy and Green-e Energy

Ambit’s Green Plans are only available in certain areas, which limits their contractors’ ability to recruit clients. In contrast, Amber Energy values both the environment and its customers, and heavily promotes its green energy services.

Renewable energy is currently a rapidly growing market, especially with climate change being a prevalent topic of discussion. That’s why their Independent Consultants are eager to embrace this product, provided it is available in your state.

Solar Savings

Solar Savings from Ambit Energy is an additional option for environmentally conscious consumers.

Thanks to their partnership with Sunrun, a leading solar power provider, they are able to offer solar services in six out of their seventeen national locations.

While this is a great selling pitch, it is important to note that it is currently only available in six states.

Related Review: Primerica MLM

How Does Ambit Energy MLM Work?

Ambit Energy operates by leveraging everyday individuals as representatives to promote their services, allowing them to earn commissions.

Similar to other MLMs, Ambit Energy conceptualizes and manufactures its products. As representatives, we have the opportunity to resell these products and earn commissions.

Additionally, Ambit Energy works on a multi-level marketing (MLM) model, meaning we can also build a sales team and earn income from their sales.

However, some people may classify Ambit Energy as a pyramid scheme due to this MLM structure.

Ambit Energy MLM

In my Ambit Energy review, I can confidently confirm that it’s a completely legitimate MLM.

The company offers natural gas and electricity services in 17 states across the USA. It’s important to note that rates may vary slightly between individuals and states, making it less straightforward than having a fixed price.

Related Review: Rodan and Fields MLM

How To Make Money With Ambit Energy MLM?

There are two primary ways to earn money with Ambit Energy:

  1. Selling the product yourself.
  2. Recruiting people and earning bonuses from their sales.

It’s important to note that Ambit Energy, unlike pyramid schemes, does not solely rely on recruitment to generate income. Instead, you earn bonuses based on the purchases and sales made by the people you recruit.

What Is Ambit Energy Compensation Plan?

To understand Ambit Energy’s business, it’s necessary to review their 4-page Compensation Plan. Within their Payment Strategy, you’ll discover additional benefits that you can immediately take advantage of, including the opportunity to earn free energy.

This rewarding MLM program can be achieved by introducing 15 consumers to Ambit Energy as their energy provider.

Ambit Energy Free Energy Plan

Ambit Energy offers trip rewards that can be earned through client referrals or by accumulating benefit points that can be redeemed for travel. Even if it doesn’t generate a profit, freebies are always welcome.

The Ambit Energy Compensation Plan aims to provide a concise overview of the three ways to earn income with Ambit Energy from their payment plan.

Immediate income

There are two main perks in the Ambit Energy MLM program: the client perks and group perks. These perks are paid on a weekly basis, allowing you to start earning money promptly.

Ambit Energy Compensation Plan 1

By simply bringing in customers and supporting others to do the same, you have the opportunity to receive $100 by accumulating four consumer points.

These points can be earned by enrolling customers in an energy plan or a personal website package.

Additionally, you will be rewarded $100 for assisting others in achieving the same, highlighting the recruiting aspect of this opportunity.

Leadership income

When you register a new MC (Marketing Consultant) and they earn 4 client points within the first 4 weeks, you get the following benefits.

Ambit Energy Compensation Plan 2

You will receive a recurring bonus offer based on the number of Marketing Consultant customers in your team.

Additionally, management bonuses are provided regularly, depending on client activity throughout the organization. All leadership benefits are determined by your level within the organization.

Remember, your bonuses will increase with the activity of your downline.

Residual income

The earning perspective of the majority of Ambit Energy consumers aligns with the goals of their Independent Consultants.

The amount of recurring commissions you earn varies based on the marketplace in the United States where you operate.

You can build a network of 6 levels in your downline and earn commissions based on their consumer activity. In other words, if your downlines make money, you do too.

Ambit Energy Compensation Plan 3

MLMs are often accompanied by complex tables that many people find difficult to comprehend, leading to their aversion. To portray multiple income-generating avenues, these companies overcomplicate the process.

However, in reality, making money in MLMs boils down to two core actions: selling Ambit energy services or recruiting individuals.

For a more comprehensive understanding, check out the informative 5-minute video linked below.

How Much Does It Cost To Join Ambit Energy MLM?

Previously, Ambit Energy used to charge a one-time cost of $429 for registration, according to older reviews. However, they have now reduced it to $75.

In addition to the one-time fee, there is a monthly recurring cost of $24.95 for personal website maintenance.

Apart from these fees, there are no significant additional costs associated with joining this program.

Related Review: Arbonne MLM

Can You Make Money With Ambit Energy?

Yes, you can make money with Ambit. However, there are many challenges that come with network marketing. In other words, it’s difficult to succeed.

It’s possible to earn money with multi-level marketing. If you’re willing to put in the time and effort, you can generate some income while selling energy to people.

However, it’s important to note that the success rate with Ambit Energy (or any other) MLM is low. Over 90% of professionals make an average of $110 a year, which is less than their expenses to remain active.

The individuals who seem to make substantial money from Ambit are usually top salespeople who treat it like a full-time business, instead of a part-time side hustle.

Ambit Energy Reviews and Complaints

To determine whether Ambit Energy is a scam or legitimate, it is advisable to read customer reviews and complaints.

Fortunately, conducting a quick Google search will provide access to Ambit Energy reviews on platforms such as BBB, Yelp, and Consumer Affairs.

On Yelp, things are not looking favourable for Ambit Energy, as they have received a low rating of 1.5 stars based on 115 reviews.

Ambit Energy Reviews Yelp and Consumer Affairs

Consumer Affairs predominantly features Ambit Energy reviews that are primarily complaints. Out of 820 customer reviews, they have received a rating of 2.7 stars.

Here are some of the most critical reviews…

Ambit Energy Reviews
Ambit Energy Reviews
Ambit Energy Reviews
Ambit Energy Reviews

Some people claim that Ambit Energy is a scam or a pyramid scheme in their reviews. However, it is essential to note that the company is legitimate.

These individuals are simply dissatisfied customers, and it is important to consider their perspectives separately.

Related Review: DoTerra MLM

Ambit Energy Review – What I Like

It’s a Billion-Dollar Company

Ambit Energy has successfully established itself as a large company in this niche. In 2010, it was named the fastest-growing company in the USA, and by 2013, its valuation reached a billion dollars.

Ambit Energy Billion Dollar History

Their Product Is In Demand

The services offered by Ambit Energy are not disappearing anytime soon.

Unlike other crowded multi-level marketing companies that sell useless products, Ambit Energy provides services that are essential for both households and businesses.

Green Energy Provider

There has been a significant shift in public opinion when it comes to eco-friendly power.

More and more people are becoming aware of the dangers associated with global warming. As a result, they are seeking legitimate ways to contribute and make a difference.

This presents a significant opportunity for Ambit Energy and its representatives.

Related Review: Young Living MLM

Ambit Energy Review – What I Don’t Like

Rate Increases

Based on the screenshots I posted in my Ambit Energy review, the most common complaints are about the expensive power rates compared to other options and significant cost increases after the 1-2 year contract ends.

Regular Monthly Costs

The cost of $24.95 per month for a replica website is exorbitant when compared to other multi-level marketing companies.

Despite this, you might expect it to include training and additional benefits, but those are just the basics. If you wish to learn how to attract visitors to the website, you will need to invest more in training.

Simply having a website does not guarantee that people will find it. The challenging part is determining how to drive traffic to the website, and unfortunately, Ambit Power does not provide assistance in that regard.

There have been several class-action claims, including one settled in March 2018 for $9.3 million. Additionally, there were other suits filed in 2015.

Ambit Energy Lawsuits

When there are multiple lawsuits against a company you consider joining, it’s not a good sign.

However, despite the complaints and lawsuits, Ambit Energy is a legitimate MLM company.

Compensation Plan

On their website, there is little to no easily accessible details about their settlement plan data.

Due to the fact that recurring payments are not as lucrative, you will need to bring in a large number of people to be profitable. This is the main reason why people give up and claim that Ambit Energy is a scam.

By the way, before I conclude, here is my YouTube Ambit Energy review in case you want to see it:

Ambit Energy Review – Conclusion

In my review, I mentioned that Ambit Energy is not a scam but also not the best multi-level marketing firm. On the positive side, their service is commendable and their settlement plan can be lucrative with a fair trial.

However, there are a few reasons why I don’t recommend this MLM or any other for that matter. One reason is the lack of transparency in their business, particularly in disclosing the earnings of their representatives. This raises doubts about whether their professionals are generating significant income.

Additionally, the increasing number of issues surrounding the firm further contributes to my hesitation in recommending Ambit Energy.

Nonetheless, Ambit Energy is a legitimate MLM, not a scam or pyramid scheme. If you believe in your skills, you can pursue it as a real business opportunity.

Nevertheless, I recommend exploring the rest of this page to discover a much better way to make money online.

Thank you for reading my review of Ambit Energy. What is your opinion? Have you been a part of or are you still a member of this business?

Feel free to share your reviews at the end of this page!

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All the best, Ivan @freeaffiliatemarketingbusiness.com

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