Sunday, September 19, 2010

NRG Buying Green Mountain

NRG Energy, which already purchased Reliant Energy last year, is purchasing Green Mountain Energy pending regulatory approval. Approval from federal regulators is expected in mid-November 2010. NRG is paying $350 Million in cash. Green Mountain has about 300,000 residential and commercial customers and had revenues of around $500 Million last year.

Friday, September 17, 2010

The Compound Effect

Darren Hardy has spent over a decade studying and interviewing successful people. He has dedicated his life to personal development and has demonstrated that he knows what he is talking about by becoming a self-made millionaire by age 27. He has published a book called The Compound Effect: Multiplying Your Success, One Simple Step at a Time. This is an excellent book that shows you how to achieve the success that you desire.


"The Compound Effect is a must-read book for success seekers." --John C. Maxwell


"If you are looking for the 'real deal', a real program, with real tools that can change your life and make your dreams a reality, The Compound Effect is it!" --David Bach

Monday, September 13, 2010

CIO John Burke Interviewed in Computerworld

John Burke, Ambit Energy's Chief Information Officer, was interviewed by Computerworld and asked to describe how he led his 55-member IT team to develop the systems required to run the fastest-growing private company in America.

Thursday, September 9, 2010

PA PECO Service Area


Ambit Energy plans to start servicing electricity customers in the Pennsylvania Electric Company (PECO) territory starting in the first quarter of 2011 and natural gas customers in the second quarter of 2011. Click on the map to enlarge.

MD BG&E Service Area


In November, Ambit Energy will start servicing Maryland customers in the Baltimore Gas & Electric territory. Click on the service area map to enlarge.

Wednesday, September 8, 2010

NY RG&E Service Area


Ambit Energy expanded into New York's Rochester Gas & Electric territory starting on 9/7/2010. Click on the map of the service area to enlarge.

Tuesday, September 7, 2010

Ambit Expands Service Offerings and Territories


At Ambition 2010, Ambit Energy unveiled plans to increase the areas of service in New York, to add a new service offering in Texas, and to start service in two new states!

Starting on September 7th, 2010, Ambit Energy will start servicing the Rochester Gas & Electric (RG&E) territory in New York. This area currently has over 320,000 electric and 275,000 natural gas customers. Ambit customers in NY receive a 7% discount for their first two months, then have guaranteed annual savings of at least 1%.

Also starting on September 7th, 2010, Ambit Energy will start servicing small commercial electricity accounts in Texas! Businesses in TX that use up to 40,000 kWh can save up to 25% by upgrading their service to Ambit.

In October 2010, Ambit Energy will pre-launch in the Baltimore Gas & Electric (BG&E) territory in Maryland. This market has over 1.2 million customers! Customers will be able to start enrolling for service on November 1st, 2010.

Ambit Energy will be expanding to the Pennsylvannia Electric Company (PECO) territory in 2011. There are over 1.6 million electricity customers in that market and they can start upgrading to Ambit Energy's service in the first quarter of 2011 (1Q11). The 480,000 natural gas customers in that area can start getting service in the second quarter of 2011 (2Q11).





Once these expansions are complete, Ambit Energy will be servicing customers in 5 states!

Wednesday, September 1, 2010

The Launch Pad

"In many ways, I believe that we are just now beginning our journey. When I look at the past four years, I see a company that has worked hard to set itself apart in an industry full of competitors. I see a company that has learned to move quickly, to be opportunistic and to hold itself to a high standard of conduct. I see a company whose foundation for success has been laid and whose opportunity for the future is limitless. Energy is the largest industry in history to be deregulated. We have spent four years building a foundation for success designed to be the launching pad for future growth."

--Chris Chambless
Ambit Energy Co-Founder and Chief Marketing Officer