Ambit Energy Forms 501(c)(3) to Fight Hunger

DALLAS–(BUSINESS WIRE)–Ambit
Energy, the world’s largest direct seller of energy and a leading
national retail energy provider, today announced the company’s corporate
social responsibility initiative, Ambit
Cares, has been granted 501(c)(3) status.

In 2016, the first full year of the program, 557 Ambit Cares
participants volunteered 3,292 hours at hunger relief organizations in
the U.S., and donated 218,474 pounds of food and $65,495 in monetary
contributions.

Ambit Cares was formed to provide an opportunity for employees and
Consultants to help fight hunger in their communities. The company
organizes corporate volunteer opportunities every quarter and encourages
Consultants to participate in local efforts that work toward ending
hunger, which affects 1 in 8 Americans.

Ambit Cares has also launched an online donation page for Consultants,
Customers, employees and friends of Ambit at AmbitCares.org.
Feeding
America, a nationwide network of food banks and the nation’s leading
domestic hunger relief charity, is Ambit Cares’ primary beneficiary.
Ambit Cares distributes donations received in the areas from which they
came, so contributors know they are giving back locally.

“We are proud to officially launch Ambit Cares as a national nonprofit
dedicated to fighting an issue that affects far too many of the
communities we serve, including our home here in Dallas,” said Jere
Thompson, Jr., co-founder and CEO of Ambit Energy. “The Ambit community
has a unique opportunity to have a positive impact with a national
reach, and what our team has accomplished in a short time is a testament
to our commitment to this cause.”

Ambit Cares also advocates for hunger relief awareness and promotes
volunteerism. By tracking volunteer hours, pounds of food donated and
monetary contributions, Ambit Cares is able to recognize volunteers,
including the Volunteer of the Year who’s announced at Ambit Energy’s
annual conference, AMBITION,
each year.

“The immediate enthusiasm and commitment to Ambit Cares by our
Consultants, employees and Customers has been incredibly inspiring,”
said Anna Batman, Director of Programming for Ambit Cares. “We look
forward to building on this momentum as we grow our programs and extend
the reach of Ambit Cares.”

About Ambit Energy

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 400,000 Independent Consultants.
Ambit was established in 2006 with one simple goal in mind: to be the
finest and most-respected retail energy provider in America. To that
end, the Ambit team has built an award-winning Customer Care Center, as
well as great relationships with energy partners, consultants and
customers alike. The strategy is working. The company appeared on Inc.
Magazine’s list of the fastest growing private companies for six
consecutive years, including No. 1 overall in 2010. With more than 1.3
million customers, Ambit has exceeded $1 billion in revenue for each of
the last five years and was named the world’s largest direct seller of
energy by Direct Selling News for the last four consecutive
years. For more information about Ambit Energy’s rates and services or
to join the Ambit Energy team, visit www.AmbitEnergy.com or
call (877) 282-6248.

Contacts

For Ambit Energy
Drew Wilson, 972-499-6642
[email protected]