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Ambit Energy Bank 12

Price Predictability Score: 4/5

About Ambit Energy

Ambit is a large utility company that sells not only electricity in Texas but natural gas and power across the country. They are a light company or gas utility in over a dozen states. Ambit is a publicly traded energy company that trades on the New York Stock Exchange under the ticker symbol VST. They sell their service using a multi-level marketing approach. They offer both residential and commercial service.  Read more about Ambit Energy

Plan Name: Energy Bank 12
Company: Ambit Energy

Term Length: 12 Months
Plan Type: Flat Rate/Tiered
Energy Source: 6% Renewable
500 kWh Rate: 62.0¢
1000 kWh Rate: 31.0¢
2000 kWh Rate: 15.5¢

Rate Breakdown
Energy Charge (over 2000 kWh): 16.5¢
Base Charge: $310 per Month
TDU Meter Fee: $0.00
TDU per kWh Fee: 0.0¢

Additional non-recurring Charges
Agent Processing Fee: $5
Late Payment Fee: 5% of late amount
Non-Sufficient Funds: $25
Electronic Processing Fee: $2.50
Disconnection Notice Fee: $10
Disconnection Fee: up to $15
Reconnect Fee: up to $40
Cancelation Fee: $199
Serial Payment Fee: $4.95

This plan has a unique pricing structure. Customers pay fixed amount for a total of 2000 kWh of electricity. Any unused electricity from that block of 2000 kWh can be rolled over into the next month.

Compare The Cheapest Electricity Rates In Your Area
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The rates on this page represent pricing for the CenterPoint TDU area which serves Houston and surrounding cities. They are not updated in real-time. To view current Texas electricity rates, enter your zip code at the top of the page to view real-time results for your delivery area. Texas electric companies update their plans and rates often. Always make sure to review the Electricity Facts Label for any plan before enrolling.

Price Predictability Score

The Price Predictability Score of the Ambit Energy Bank 12 plan is a 4 out of 5. This a measure of how predictable your electricity bill will be under this plan. 5 is the highest score and means that the advertised rate is very close to what you can expect in the real world. A score of 1 is the lowest. Plans with a 1 are highly unpredictable and your electricity rate and bill amount can be wildly different from one month to the next.

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