Jere Thompson Jr, CEO and co-founder of Ambit Energy, said: “We look forward to expanding our presence in New York and are proud to say that we can now offer almost every customer in the state a lower cost option compared to the incumbent provider.

“The New York markets continue to prove themselves as very receptive to the benefits of competition in the energy industry.”

As reported, Ambit Energy will now offer its competitive rates to a market of more than 871,000 electric and 256,000 gas customers across more than 40% of upstate New York.

As in other New York markets, the company will offer a competitive monthly rate and annual savings guarantee. In addition, each customer will receive an instant savings each month up to 2% as they avoid sales tax charges on the delivery portion of their bill, the company said.

Chris Chambless, CMO and co-founder of Ambit Energy, said: “With this launch, our independent consultants are able to serve another huge New York market. And with our Guaranteed Savings Plan, they are well-armed to help New York consumers in the NYSEG territory switch and save. It’s been our experience that New York consumers are extremely open to saving money.”