+1000000000
OMG. Seriously?! I can't believe this is still being discussed, I thought it was put to rest ages ago...
How many people have to come here and say they were ripped off by Ambit, Energy Plus etc. for guys like Saver2000 to finally be modeh??!
All I can say, is that with Ambit or any other company for that matter, if you sign up for a VARIABLE rate, you are leaving yourself vulnerable, because even if the company starts off lower than Con Edison or Jcp&l, there is nothing to stop them from going higher some months, leaving many to honestly debate whether they are saving or getting ripped off. You really need to make a judgement call which or any company you want to trust.
On the other hand, if you sign up with a company for a 12 month FIXED rate, you know in advance what you are in for and you will sleep well. For example, in NJ, Ambit offers a 12 month fixed plan and you wont find one person who didn't get exactly what they signed up for.
I think that basically sums it up well with any company, whether Ambit, Veridian, Gateways, Verdi, North American power, ect: "Variable Rate"- you are leaving yourself up to 2nd guessing later, and you might find that you paid higher (or maybe not). "Fixed Rate"- you know what you are getting and if you see a savings over Coned or Jcp&l, go for it.