Proudly Serving TX
Ambit Energy New Electric Service
Texas Deregulation
Texas is the world's
11th largest electricity market and the only state with true
wholesale and retail competition. Its population is expected to grow
60% between 2000 and 2030. To ensure that Texas would have the
affordable power it will need to support this growing population,
the state deregulated and restructured its energy markets. This has
spurred a massive investment in generation with more than $15
billion in new capacity.
Deregulation of the
Texas wholesale market began in 1995 when independent power
generators were permitted to gain access to the statewide power grid
(the "Grid"). In 1999, Texas established ERCOT as the independent
operator of the Grid, and began linking together generators, energy
delivery companies and retail electric providers ("REPs") like Ambit
in order to promote competition. Formerly integrated utilities were
split into three businesses: unregulated wholesale power generators,
regulated transmission and distribution service providers ("TDSPs",
"wires company" or "energy delivery company"), and unregulated REPs.
The primary
responsibility of the energy delivery company is to deliver
electricity over its power lines to homes and businesses on behalf
of the REPs. These delivery companies are also responsible for
building new power lines, restoring power following outages, reading
electric meters, and connecting and disconnecting service as ordered
by the REPs. Consumers call these delivery companies directly for
issues relating to meters, power quality, new construction, meter
installation, tree trimming and outdoor lighting.
Retail competition
finally began on January 1, 2002 when customers of independent
operating utilities in the ERCOT regions of Texas were allowed to
choose a retail electric provider. Residential and many commercial
customers were transferred to the incumbent REPs to be served on a
month-to-month rate, known as the "price-to-beat," until such time
as these customers choose to be served by an independent REP. Today,
although the "price-to-beat" is no longer part of the deregulated
environment, Ambit Energy continues to aggressively undercut
incumbents' rates and beats other competitive REPs all across Texas.
Through June 2006,
almost 30% of consumers across Texas had chosen a competitive retail
energy provider to replace their incumbent provider.
Please note this
page may not reflect the current pricing and available plans. Please verify the
current pricing on the customer enrollment page as you sign up
for your plan.
The customer enrollment page always contains the current
pricing and available plans.
Did you current provider
give you a free gift when you switched?
We're so convinced you'll
enjoy our personalized service and great savings that we'll
give you a gift just for giving it a try. Sign up for Ambit
Energy service today and we'll include a
FREE
Getaway for 2
certificate in your new customer Welcome Package. You will
be required to pay a $24 booking fee per couple.
Our Getaway for 2 certificates offer 3 days and 2 nights
complimentary deluxe hotel accommodation at any of 25
exciting destinations in the U.S.
Are you accruing reward
points with your current provider?
Ambit Energy values your business and
wants to keep it. That's why we've designed one of the most
attractive customer reward programs in the industry. As you use
Ambit Energy service every month, you will accumulate Reward Points
which you can redeem for incredible vacation and cruise packages.
Keeping your business is just as important to us as getting it.
That's why we've created one of the most attractive customer rewards
programs in the industry. We want you to be a loyal customer, and
we're willing to give you some great incentives for being one.
Fabulous Free Gift
Every activated Ambit Energy customer will
receive a FREE GIFT from us just for enrolling. Right now, that's a
travel voucher good for a 3-Day/2-Night stay for two at a 3-Star
hotel at one of 25 exciting destinations across the country.
Reap Rewards Every Month
Every month, Ambit Energy customers earn
Travel Rewards Points that can be redeemed for incredible travel
packages, including a cruise to the Bahamas or an all-inclusive
Mexican getaway. Customers receive 1 Rewards Point for every kWh of
electricity and every therm of natural gas they use each month. So,
in addition to great savings on your energy bill, you can also enjoy
a vacation on us just for being a loyal customer! Visit
www.ambittravel.com for details.
Begin With Bonus Points
In addition to our FREE GIFT and monthly
rewards, Ambit Energy also gives every new customer 2,000 Bonus
Rewards Points toward their first travel package. It's just our way
of showing how much we value your business.
Save Up to 20% in Texas
In Texas we offer incredible savings
of 10% up to 20% off standard month-to-month rates offered by your
incumbent local electricity provider.
In New York, Ambit Energy customers
save approximately 7% off Con Ed's estimated energy supply charge
for the first two months and enjoy a competitive monthly rate
thereafter. Just for switching, customers save an additional 1-2% in
taxes on the delivery charges each and every month.