Ambit Energy

Ambit Energy is a Dallas-based electricity provider founded in 2006 by Jere Thompson Jr. and Chris Chambless. Unlike traditional electricity providers, Ambit uses a multi-level marketing (MLM) business model where independent consultants recruit customers and earn commissions. In August 2019, Vistra Corp acquired Ambit Energy. This is significant because Vistra also owns TXU Energy, meaning Ambit and TXU are now corporate siblings. If you're considering Ambit, it's worth comparing their rates against TXU's—you're essentially choosing between two brands owned by the same company. Ambit holds PUCT Certificate #10117 and serves residential customers across Texas. They also operate in Ohio, Pennsylvania, and Massachusetts—all states served by ElectricRates.org.

Ambit offers fixed-rate electricity plans ranging from 12 to 36 months: Fixed-Rate Plans: Lock in your electricity rate for the contract term. Ambit's rates are generally at market average—not the cheapest, but not premium pricing either. Green Energy Plans: 100% renewable energy with Green-e certification. These plans typically cost 1-2¢/kWh more than standard fixed-rate options. No Time-of-Use or Free Nights: Unlike TXU (same parent company), Ambit doesn't offer Free Nights or similar time-of-use plans. Their offerings are straightforward fixed-rate only. Contract Terms: 12, 24, and 36-month terms available. Longer terms sometimes offer slightly lower rates. Early termination fees typically range from $150-$200.

Ambit's rates typically fall at or near market average for Texas. They're not a budget provider like Gexa or Frontier, but they're also not premium-priced like Green Mountain. The MLM Factor: Because Ambit uses independent consultants who earn commissions, some portion of what you pay may go toward that compensation structure. This doesn't necessarily mean higher rates, but it's worth understanding the business model. Vistra Connection: Since Vistra owns both Ambit and TXU, you can compare rates between these "sibling" companies. Sometimes one offers better rates than the other for the same service area. Renewal Concerns: Multiple consumer complaints document rate increases at contract renewal. The Texas Electricity Facts Label requires providers to disclose month-to-month renewal rates, but consumers report feeling surprised by increases. Set a calendar reminder 30-45 days before your contract ends.