Energy companies have become an indispensable part of our daily lives for the fact that they illuminate our nights, fuel our journeys, and facilitate our routine tasks. Consequently, the demand for their services has skyrocketed compared to the past.
As per Precedence Research, the market size of the global power generation was estimated at $1.8 trillion in 2022, which is likely to increase to $3.9 trillion by 2032.
In this article, we are going to talk about the top MLM energy companies in detail.
This Article Contains:
MLM Energy Companies for 2024
We have compiled a list of top MLM Energy companies for 2024 based on their revenue.
1. Vivint Solar
Vivint Solar is a United States company that offers solar energy, solar panels, solar batteries and solar inverters.
| CEO | David Bywater |
| Headquarters | Provo, Utah, United States |
| Year Founded | 1999 |
| Company Size | 10,001+ employees |
| Product Categories | Solar Energy, Solar Panels, Solar Batteries, Solar Inverters. |
| Revenue: | $1.68 Billion |
2. Ambit Energy
Founded in 2006, Ambit Energy offers electricity and Natural gas services.
| Founders | Chris Chambless, Jere Thompson Jr. |
| CEO | Jere Thompson Jr. |
| Headquarters | Irving, TX |
| Year Founded | 2006 |
| Company Size | 501-1,000 employees |
| Services | Electricity and Natural gas. |
| Revenue | $1 Billion |
| Achievements | Ambit Energy was named as No. 1 fastest growing private company in America by Inc. magazine in 2010. |
3. Powur PBC
Founded in 2014, Powur PBC offers clean and sustainable home energy solutions.
| Founder & CEO | Jonathan Budd |
| Headquarters | San Diego, South California |
| Year Founded | 2014 |
| Company Size | 51-200 employees |
| Product Categories | Home Energy Solutions. |
| Revenue | $428.2 Million |
4. Utility Warehouse
Founded in 2002, Utility Warehouse offers services like energy, broadband, mobile and insurance.
| Co-CEO | Stuart Burnett, Andrew Lindsay MBE |
| Headquarters | London |
| Year Founded | 2002 |
| Company Size | 1,001-5000 employees |
| Services | Energy, Broadband, Mobile, Insurance etc. |
| Revenue | $1.2 Billion |
5. ACN
Founded in 1993, ACN offers telecommunications, energy and merchant services.
| Founder | Greg Provenzano, Tony Cupisz, Mike Cupisz, Robert Stevanovski |
| Headquarters | Concord, NC |
| Year Founded | 1993 |
| Company Size | 1,001-5,000 employees |
| Services | Telecommunications, Energy and Merchant. |
6. Xoom Energy
Xoom Energy is a United States company that offers electricity, natural gas and renewable energy solutions.
| CEO | Amp Kilowatt |
| Headquarters | Huntersville, North Carolina |
| Year Founded | 2011 |
| Company Size | 51-200 employees |
| Services | Electricity, Natural Gas and Renewable Energy Solutions. |
| Revenue | $213.3 Million |
7. Stream Energy
Founded in 2005, Stream Energy offers electricity, natural gas and energy services.
| Founders | Chris Domhoff, John Varnell, Pierre Koshakji, Rob Snyder |
| Headquarters | Dallas, Texas |
| Year Founded | 2005 |
| Company Size | 201-500 employees |
| Services | Energy, Deregulated Electricity, Deregulated Natural Gas, Retail Electricity, Commercial Energy and Residential Energy. |
| Revenue | $7.2 Million |
8. Pacific Energy
Pacific Energy is an Australian based company that offers sustainable distributed energy.
| CEO | Jamie Cullen |
| Headquarters | Kewdale, Western Australia |
| Year Founded | 1981 |
| Company Size | 501-1,000 employees |
| Services | Sustainable Distributed Energy. |
| Revenue | $53.1 Million |
9. 5Linx
Founded in 2001, 5Linx offers energy, television and internet services.
| Founders | Craig Jerabeck, Jason Guck, Jeb Tyler |
| Headquarters | Rochester, New York |
| Year Founded | 2001 |
| Company Size | 11-50 employees |
| Services | Energy, Television and Internet. |
10. Viridian Energy
Viridian Energy is an Ireland based company that offers energy solutions.
| Founder & CEO | Michael J. Fallquist |
| Headquarters | Belfast, Northern Ireland |
| Year Founded | 2009 |
| Company Size | 501-1,000 employees |
| Services | Energy. |
| S.No | Company Name | Year Founded | Company Size |
|---|---|---|---|
| 1 | Vivint Solar | 1999 | 10,001+ employees |
| 2 | Ambit Energy | 2006 | 501-1,000 employees |
| 3 | Powur PBC | 2014 | 51-200 employees |
| 4 | Utility Warehouse | 2002 | 1,001-5,000 employees |
| 5 | ACN | 1993 | 1,001-5,000 employees |
| 6 | Xoom Energy | 2011 | 51-200 employees |
| 7 | Stream Energy | 2005 | 201-500 employees |
| 8 | Pacific Energy | 1981 | 501-1,000 employees |
| 9 | 5Linx | 2001 | 11-50 employees |
| 10 | Viridian Energy | 2009 | 501-1,000 employees |
Reasons Why We Should Choose Multi Level Marketing Energy Companies
There are a number of reasons why we should choose these multi level marketing energy companies. They are:
1. Service Differentiation
Everyone uses electricity and gas on a daily basis, which is why MLM distributors have a competitive edge in terms of marketing opportunities. In addition to this, unlike other product-based Multi-level marketing companies, the networkers don't have to worry about deliverables. This saves them from a hassle, too.
2. Customer Centric Approach
Another big reason to choose these mlm companies is their customer-centric approach. Some of these mlm companies, like Ambit Energy, have been offering competitive pricing and innovation to reduce their customers' power usage bills. This ensures repeat business but also helps distributors build trust with their customer base.
3. Financial Stability
These mlm companies have been in the market for a long time and have a good customer base across the globe. Moreover, their revenues for the year vouch for their popularity and financial stability.
Factors Responsible for the Success of Network Marketing Energy Companies
Let us explore some factors behind the success of these network marketing energy companies in detail.
1. Heavy Discounts
Understanding the uniqueness of their services, many of these companies have extended some discounts to their customers. For instance, companies like Ambit Energy allowed people in certain regions to sign up for summer break discounts by contacting their IBOs. Such marketing tactics were one of the reasons for their success.
2. Commitment to Sustainability
In the energy sector, sustainability matters a lot. Considering the importance of environmental factors, companies like Stream Energy developed their plans backed by 100% renewable energy, which could be one of the reasons for their success.
3. Empowerment of IBOs
Some energy mlm companies, as listed above, have been very keen on empowering their IBOs by invoking a sense of community and learning. For instance, ACN Energy ensured to start a discussion forum to learn about MLM business opportunities and exchange business wisdom.
Conclusion
We have curated a list of top MLM energy companies based on their revenue. If you are an energy sector enthusiast, choosing these MLM energy companies could be a good option.
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FAQs
1. Is Ambit Energy a sustainable MLM Energy company?
Yes, Ambit Energy is a sustainable MLM energy company. They offer Green-e Energy certified electricity in the USA.
2. Are MLM Energy Companies legal?
While MLM energy companies operate within a legitimate business model, it's important to research and evaluate each company carefully before joining. Look for companies with a solid reputation, transparent policies, and a focus on selling quality products.
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