Saturday, November 7, 2009

What is Ambit Energy's Opportunity?




Ambit Energy offers our Independent Consultants an unequalled income opportunity with unlimited earnings potential. It is a home-based business with flexible working hours. It is a chance to earn some extra money or to start a new career. It is a path to take control of your time so you can spend more of it with your family and friends.
The Perfect Product
Energy is the perfect product to offer: everyone needs it, everyone understands it, everyone uses it every day, and everyone likes to save money on their monthly bills. Energy demand is growing and states all across the country are just beginning to open their energy markets to competition.

The Perfect Timing
Texas is leading the country as a model for deregulation. It is the 11th largest electricity market in the world. In Texas alone, residential customers spend over $24 billion dollars every year and most of those customers are still paying the highest rates in the market. Ambit Energy provides an opportunity to save money and earn income at the same time.

In New York, Ambit Energy serves the ConEd and National Grid territories in New York (electric and gas), and the National Grid gas (formerly KeySpan) territory on Long Island. In our service area there are 3.4 million potential electricity customers who pay an average bill of $100 a month, and only 10% of those have switched to an ESCO. Add natural gas service, and potential commissions and bonus income is more than doubled for our Consultants. Statewide, electricity is a $10 billion market, and Ambit has expansion opportunities into the service areas for Orange & Rockland, Rochester Gas & Electric, and Niagara Mohawk.

In Illinois, Ambit Energy competes for residential natural gas customers in the Nicor Gas service area. In our service area there are 2.1 million potential customers that represent more than $2 billion in annual revenue.
Power Your Future
Ambit Energy encourages the entrepreneur and supports the pursuit of excellence. We are committed to our Independent Consultants. And we are working hard every day to make sure they have the best opportunity available to take advantage of energy deregulation to power their financial future.
Join us. We'll make you proud.
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Who is Ambit Energys Founders CEO and CMO?


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Jere W. Thompson, Jr.

Co-Founder and Chief Executive Officer

Mr. Thompson is Co-Founder and CEO of Ambit Energy. In 1992, Mr. Thompson was at the forefront of the telecommunications industry as it deregulated. He founded CapRock Fiber Networks to build fiber and broadband networks across Texas. As CEO, Mr. Thompson, guided CapRock into new markets, took the company public and managed its growth from infancy to 1,300 employees and $300 million in annual revenues. Mr. Thompson previously worked at Trammell Crow Company and Goldman, Sachs & Co.
Mr. Thompson received an AB in Economics at Stanford University and a MBA from the University of Texas in Austin. He sits on the boards of two schools, two hospital foundations and several civic organizations. He was Chairman and a member of the Board of the North Texas Tollway Authority for twelve years.


Chris Chambless

Co-Founder and Chief Marketing Officer
Mr. Chambless is Co-Founder and Chief Marketing Officer of Ambit Energy. As an early member of the management team at Excel Communications, he was responsible for all aspects of the company's marketing and communications organization. Most recently the Vice President, Marketing at VarTec Telecom, he was responsible for all aspects of the company's marketing strategy including brand development, channel integration strategy, sales management and new product development. Mr. Chambless also held executive positions at Euphony Communications and up2 Technologies, Inc.
Mr. Chambless received his BA in English from the University of Texas, Tyler. Mr. Chambless is an active board member of the Economic Development Corporation in his community.




Jim Timmer

Chief Financial Officer

Mr. Timmer is a seasoned executive with more than two decades of experience in senior finance and operational roles. Mr. Timmer has served as Chief Financial Officer of airBand Communications, Birch Telecom and Excel Communications, a $1.6 billion entity. While at Excel, Mr. Timmer also served as Interim Chief Operating Officer and was instrumental in formulating direct-sale compensation plans. Prior to joining Excel, Mr. Timmer served as Vice President of Finance at Verizon, a $26 billion entity, where he held various leadership roles over a 20-year period.
Mr. Timmer received his B.A. in Accounting from Loras College and his MBA from Drake University.



John Burke

Chief Information Officer

Mr. Burke is the Chief Information Officer of Ambit Energy, Inc. He has over 15 years of leadership and consulting experience working in the electric utilities, telecommunications, financial services, venture capital and software development industries. He has successfully positioned technical organizations for high demand support roles while driving revenue initiatives and reducing operating costs. Mr. Burke has held several leadership roles, including the COO of a billing application service provider, the CIO of a Verizon call center, and the VP of Development for a retail financial transaction service provider. He has consulted to both electric co-ops and electric retail providers on strategic IT initiatives and has extensive experience building, integrating, and managing mission critical back-office billing and provisioning systems.
Mr. Burke earned an MBA in Information Systems from The University of Texas at Austin and a Bachelor of Arts in Economics from Rutgers University, where he graduated with Highest Honors. He is a member of Phi Beta Kappa and has served as a representative on The University of Texas at Austin Graduate School's Information Management Steering Committee.



Jim McFelea

Senior Vice President, Operations

Mr. McFelea has more than two decades of experience in senior operational roles. Mr. McFelea most recently served as VP of Service Delivery for XO Communications, a $1.4 billion telecommunications company, managing a 600-person operations organization. He previously held the position of VP of Service Delivery and Customer Service at Birch Telecom. While at Excel Communications, a $1.6 billion entity, Mr. McFelea served as Senior VP of Customer Service and was instrumental in reorganizing its call center organization to focus on improving customer satisfaction. Prior to joining Excel, Mr. McFelea held various positions at AT&T over a 30-year period.
Mr. McFelea received his B.S. degree in business degree from Indiana University Southeast.
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What is Ambit Energy?


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Ambit Energy's vision is to be the finest and most respected retail energy provider in the United States. Our employees and Independent Consultants are the heart and soul of Ambit Energy. We treat them right, help them reach their personal goals, emphasize high standards of integrity and excellence, and obsessively keep our costs low. As a result, our customers are the real winners.
Ambit Energy was founded in 2006 with this vision in mind, and as a result, we're one of the fastest growing retail energy providers in the markets in which we operate. CEO Jere Thompson located Ambit's offices in a renovated warehouse in the historic West End district of downtown Dallas, Texas, and bought $19 fold-up tables to use as desks. He assembled an experienced team of executives who shared his goals for integrity, excellence, and frugality. In 2008, Ambit achieved profitability and recorded revenues of almost $200 million. The company expects to double that in 2009. And members of the executive team, including Mr. Thompson, still sit at those $19 fold-up tables.
"We're bringing innovation to an industry that's been around for a 100 years, that's never seen it before," said Mr. Thompson. "I think that's what you'll continue to see from Ambit Energy going forward."

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