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Matters

U.S.-Based Retail Supplier Announces Japan Launch

July 25, 2017

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Copyright 2010-17 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com

Ambit Energy officially announced that it has expanded into Japan, the company’s first international market.

Ambit's expansion to Japan had been first reported by EnergyChoiceMatters.com in January

Ambit will offer services in nine utility areas throughout Japan, including Tokyo, Kansai, Chugoku, Chubu, Kyushu, Shikoku, Tohoku, Hokkaido and Hokuriku.

Ambit said that the 84 million residential and small commercial customers in Japan's retail electricity market represent a more than $70 billion annual revenue opportunity for Ambit and is the largest single electricity market deregulation in history.

"Our expansion into Japan represents an unprecedented growth opportunity for Ambit," said Jere Thompson, Jr., Co-Founder and CEO of Ambit Energy.

Ambit currently provides electricity and natural gas services in deregulated markets in 16 states and Washington D.C. The company has more than 1.2 million U.S. customers, over 400,000 Independent Consultants, and recorded revenue totaling more than $1.2 billion in 2016.

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