Energy Providers New York
Energy Provider ESCO in New York State
The New York State Public Service Commission (PSC) recently approved utility plans that give electric customers access to new energy suppliers known as energy service companies, or “ESCOs.” The plans require the utilities to offer retail choice to customers who want to shop for electricity and related services. The delivery of electricity to homes and businesses, however, will remain the job of the local utility and continue to be regulated by the PSC.
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. Ambit has expansion opportunities into the service areas for Orange & Rockland, Rochester Gas & Electric, and Niagara Mohawk.
About Ambit Energy
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 nearly doubled that in 2009. In fact, as a result of its tremendous growth, Ambit Energy 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 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.”
Ambit Energy is a member of the Direct Selling Association (DSA). We abide by the DSA’s Code of Ethics. To view, click here.
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