About Ambit Energy

June 12, 2012

Ambit Energy provides electricity and natural gas services in deregulated markets across the United States, primarily marketed through a direct sales channel of more than 150,000 Independent Consultants.

Based in Dallas, Texas, our company is focused on being the finest and most-respected retail energy provider in the industry, offering cost-effective choices for today’s energy consumer.

In 2010, Ambit was named #1 Fastest-Growing Private Company in America by Inc. Magazine, and we continue to pick up steam as the fastest-growing company in the retail energy sector today.

Our History: A Tale of Innovation, Integrity & Opportunity

It all started with a simple lunch meeting. On a spring day in 2006, two men had a friendly chat about energy deregulation over turkey sandwiches. Those men – Jere Thompson, Jr. and Chris Chambless – were both excited about the opportunity they saw, and thus began their journey to build “the finest and most-respected retail energy company in America.”

Their new venture would provide affordable electricity and gas, and they agreed that their company would never sacrifice integrity for growth.

The Co-Founders went to work immediately, borrowing office space from Jere’s brother. A few weeks later, Jere and Chris set up shop in a large, renovated warehouse in the historic West End district of downtown Dallas. The expansive office space suited their needs perfectly – helping to establish a feeling of “openness” and enabling faster communication. They bought several $19 fold-up tables to use as desks and put together a team of experienced executives who shared their vision.

The rest is history – and the results have been extraordinary.

Ambit Energy recorded revenues of almost $200 million in 2008 and nearly $325 million in 2009. As a result of this tremendous growth, Ambit was named the fastest-growing privately-held company in north Texas by SMU’s Caruth Institute for Entrepreneurship in their annual Dallas 100™ rankings.

And 2010 brought further public recognition, when Ambit made the SMU/Cox Dallas 100™ for the second year in a row, as well as the Top 100 Places to Work by the Dallas Morning News. But the biggest achievement of them all was being named “America’s Fastest-Growing Private Company” by Inc. magazine, which placed Ambit at #1 on the publication’s renowned “Inc. 500” list.

Behind it all, the company’s U.S.-based Customer Care Center is well-trained to handle all customer relationships. And proprietary technology called BlueNet™ manages all aspects of the customer life-cycle – from utility transactions between customers and transmission providers to web-based account management and billing tasks.

As one of the fastest-growing retail energy providers in every market they currently service, the Ambit Energy team, Consultants and customers are energized for the bright future ahead!