| Ambit is
an alternative supplier of natural gas and electricity located in
Dallas Tx. Ambit is able to predict usage of both to an
unprecedented level of precision. As a result, Shell Oil has
become a major funding source of the business.
Ambit is a response to the
de-regulation of the utility industry. This is the last of
the major industries to de-regulate. (Remember the telephone
industry and its de-regulation of about 20 years ago?)
Ambit offers natural gas and
electricity into several states where the utilities have been
deregulated. The product is sold by the referral marketing
approach. Direct Marketing is a $2 trillion business in this
country.
The plan depends on the states
where Ambit is approved. Ambit is expecting approval for the
State of Ohio in the first quarter of 2009.
In Illinois, the savings are
guaranteed to be at least 1% over NICOR. Texas varies with
homeowners experiencing savings of as much as 25%.
Ambit is a great opportunity for
people who want to want to be at the beginning of the next,
actually probably the last deregulation. Ambit is relatively
new, but the founders include Seven Eleven corp.
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