Ahh here we go again…
Is it a scam? Well thats debatable, is there some truth to Ambit Energy? Sure there is…
Ambit Energy is not its own power or utilities company, they are a re seller of energy. They buy units in bulk from Nat Grid for resale. They come to your door, ask for your bill, then make you an offer of sorts as to how much they can save you and right then and there it looks great, especially depending on the time of year they show up and what the cost per therm/Kilowatt hour is they offer you a lower rate than what your currently pay from nat grid.
The problem is this is a locked rate. So lets say Nat grid charges you .21 cents per Kilowatt hour and they tell you they are only goign to charge you .18 cents per kilowatt hour. Doesn’t seem like much but add that shit up and you’re going to save a little money every year…
Problem is, and this does happen is lets say nat grid drops their price per kWh down to .17 cents… a whole .01 from the .18 you’re currently paying with ambit… well now your stuck paying the .18 from ambit as they don’t drop down or go up…
The problem is its a fixed rate, its doesn’t fluctuate and in most cases people end up paying the same as they did before or even a little more…
It really depends, are you going to lose hundreds or thousands of dollars if prices fluctuate? No, they never change that much it seems… but hey if its costing you 10 bucks more a month… well thats still wasted money…
Ambit is simply instant gratification… It’s like buying a 20,000 dollar car for 10 grand, but hidden in the contract they tell you you have to make up the 10 grand by paying an additional 5,000 dollars a year for the next two years on top of everything else…
So while you think you got a great deal, your still paying the 20 grand…
Sure if you start reselling and have referalls you can get your price to go down… but really who does that and for how long? :dunno I don’t want to hassle my famiyl and friends, tell them how awesome this is just to save a few percent on my bill… to much bullshit and to much discussion of shit liek this… That and the fact that I know im mkaing some cock sucker a step up from me more money is discouraging
lots of misinformation in this.
-N-grid doesn’t own the power, they own the delivery.
-Ambit is not a fixed rate
-N-grid actually charges you a small charge every month for not telling them where you want your power coming from, so by switching you save this every month right off the bat.