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NBR: Ignite electricity provider

Mrs.FroggiannaMrs.Froggianna
in Austin Babies
Anyone have experience with Ignite?  Their rates for new customers are about half what everyone else is charging.  I'm trying to figure out the catch.  I keep having flash backs to the satellite TV service hating thread.
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Re: NBR: Ignite electricity provider

  • balihaigirlbalihaigirl member
    do spill.  i might need to switch some stuff around once our water rates almost quadruple.  shoot me now!
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  • Mrs.FroggiannaMrs.Froggianna
    Scratch all that. I miss read your reply.
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  • TayteeTaytee

    It is biased (as a poster points out) but this webpage explains a lot of it I think.

    https://www.savingadvice.com/forums/general-discussion/30796-ignite-stream-energy-scam.html

    Basically, reps sign you up. They paid to become reps and they make money by signing YOU up. Then they try to get you to sell and you sign people up, thereby making them more money. Sound familiar? AKA, Pyramid Scheme, MLM or whatever you want to call it. Can it be good? Sure. Can it be bad, yes. But since you were asking if there was a catch, this appears to be it.

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  • Mrs.FroggiannaMrs.Froggianna
    imageTaytee:

    It is biased (as a poster points out) but this webpage explains a lot of it I think.

    https://www.savingadvice.com/forums/general-discussion/30796-ignite-stream-energy-scam.html

    Basically, reps sign you up. They paid to become reps and they make money by signing YOU up. Then they try to get you to sell and you sign people up, thereby making them more money. Sound familiar? AKA, Pyramid Scheme, MLM or whatever you want to call it. Can it be good? Sure. Can it be bad, yes. But since you were asking if there was a catch, this appears to be it.

    Yeah I did some googling last night and found a few sites saying the same thing.  Plus they were involved in a federal lawsuit in 2009 because of the pyramid scheme-ish nature.  I think we're going to steer clear of this one.  

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