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How To Save Money and Profit from Energy Deregulation PDF Print E-mail
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Illinois became the third state that Ambit Energy, L.P. is enrolling customers in and providing energy to. New York and Texas have been up and running for some time now. Ambit may only offer their services in states where the electricity market is deregulated. Currently 34 States have a deregulated electricity market which allows customers to choose their provider. Ambit is working diligently to move into these states.

With the expansion into Illinois, Ambit has the opportunity to provide energy to over 2 million new households.

Ambit Energy Co-founder and Chief Marketing Officer Chris Chambless said, “We are on a mission to help consumers in deregulated markets across the country save money on their monthly energy expenses.” Chambless continued, “We are also on a mission to help entrepreneurs capitalize on the economic opportunity afforded by a deregulated market.”CEO Jere Thompson, Jr. He added, “Although this new market by definition makes our company bigger, our goal is not to be the biggest, but to be the finest and most respected competitive energy provider in the country. Our goal in Illinois is the same as it has been in Texas and New York. We will provide our customers a savings opportunity supported by best-in-class service and systems.

While the goal of deregulation was to save customers money, there have been many problems. There is confusion over pricing, as well as additional costs as a result of reduced communication and a complex operating system. Some states have also found that opening to door to independent energy providers, has allowed unscrupulous companies to take advantage of people looking to save money during hard economic times. So far, all the press on Ambit has been positive and hopefully they can continue to expand to other deregulated states and offer fair and effective service to customers at a lower cost.

 

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The U.S. economy is changing rapidly. Those who have taken steps to deal with these changes will survive. Those who have not taken the steps necessary to ensure stable additional income streams will find themselves in bad shape financially in the upcoming months and years. Just today, the headlines read - "Gas Prices Up, Food Prices Up, Consumer Spending Down". On the internet, the headlines were - "Oil Prices Up". The cost of goods and services we Americans require is rising everyday.

Most financially successful people understand that simply trading hours for dollars will not secure their financial future. The notion that simply getting another job just will not work. Eventually, one comes to the realization that they simply can not continue to trade hours for dollars and expect to become financially “free”.

Without a doubt people are looking for ways to leverage time and money or they will be looking soon.

 

Here are a few reasons why:

1. Gas prices continue to escalate amid the falling value of the dollar.

2. GM has just announced it will be laying off thousands of Americans this year.

3. Foreclosures are rising at an incredible rate.

4. Auto repossessions are rising just as fast as the foreclosure rate.

5. Home prices plunged 13% in the last quarter, which means there is not the availability to secure home equity loans easily.

6. Credit card defaults are on the rise.

7. Consumer electronics prices are on the rise.

8. Medicare is “drifting towards disaster”.

9. 25% of Americans are suffering in the current economy.

10. Consumer bankruptcies up 47%.

If a person rationalizes not building this opportunity because “I don’t have time”, “I don’t know people”, “It’s not in my town or state yet”, “the rates don’t save my customers enough money”; they are fooling THEMSELVES. This is about a shift in wealth happening in the marketplace, not about signing up a couple of customers. Gas, food, and consumer goods prices are increasing at an incredible rate. How long will you be able to last if you are not involved in something that leverages time and money?

Success is a choice and ultimately the choice is really yours.

 

 

 

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