With Ambit Energy’s Power Payback™, any Ambit Customer in Texas with a Smart Meter can get paid for doing what you already want to do — lower your electric bill. You’ll also help the state of Texas conserve energy and potentially avoid rolling blackouts. There’s no sign-up or hassles. Here’s how it works.
Still have more questions? Check out the FAQs below.
The Power Payback™ program rewards you for doing something you already want to do—lower your energy bills. You’ll also help avoid brownouts and rolling blackouts by actively managing your power usage during defined period of high electricity demand.
Here’s how it works.
Before an anticipated peak demand period, we’ll notify you by email or phone. You can take steps to cut back on your electricity usage during the defined time period, and if your energy usage during that time is less than your previous five-day average for the same time of day, we’ll credit you up to $1.00 for every kWh saved.
Getting paid to save is just what you’d expect from the company that brought you Free Energy.
Texas Customers who have a Smart Meter and who have received notification of a period of extreme electricity demand.
No sign-up is required.
No special equipment is required other than a Smart Meter provided by your Transmission Distribution Utility.
We’ll notify you by email or phone as soon as we are aware of a potential period of extreme electricity demand. To ensure you receive your notifications, please confirm your email or phone contact information is up-to-date in MyAmbit Account.
You can set your thermostat a little higher, avoid washing and drying clothes, unplug unnecessary appliances and other household items, use ceiling fans to cool your home, and schedule meal preparation for the cooler times of the day. If you have a pool, turn off the pump. Check out Ambit resources like The Spark and MyAmbit Account for other energy-saving ideas.
We’ll send you an email a few days after the period of extreme electricity demand letting you know you’ve qualified for a bill credit.
We compare your usage during the defined period of high electricity demand against the previous five weekday average for the same time of day. We will then multiply the number of kilowatt hours saved times the Power Payback™ discount (up to $1.00) to get the total bill credit.
You’ll receive your bill credit within three billing cycles.
To be eligible for the Ambit Energy Power Payback™ program, participants must have an active Smart Meter and be a Customer of Ambit Energy at the time of the credit posting. Ambit determines a participant’s usage reduction by comparing actual kilowatt-hour reduction during a defined period of extreme electricity consumption to the average consumption during the same time period over the previous five weekdays. Usage reduction must be greater than or equal to one kilowatt-hour to receive a bill credit and credits will be posted within three billing cycles following the event. Ambit Energy reserves the right to discontinue or modify this program and eligibility requirements at its discretion. ©2014 Ambit Energy, L.P. All rights reserved. Ambit Energy, L.P., PUCT Certificate #10117