Energy companies have become an indispensable part of our daily life for the fact that they light up our nights, power up our journeys, and simplify our routine tasks. And exactly for the same reason, the demand for the service have multiplied zillion times compared to the past. According to the Markets and Markets report, the global energy market size was an estimated $64.7 billion in 2022 and is estimated to reach $105.6 billion by 2027. The report also indicate that North America will be the largest energy market during the forecast period. The potential of the energy services market is fueled by an increasing adoption for energy-efficient solutions.
Many of the top energy companies in the global market have chosen to operate in the network marketing model to drive sales and expand their network in the increasingly competitive business landscape. The success of these MLM energy companies also stands as a testimony to the potential of the marketing model to deliver sustainable growth opportunities.
List of the top MLM energy companies
This article analyzes the top network marketing energy companies among the top 100 MLM companies, their revenue, products and services, and a brief review of their business. The MLM energy companies below are listed based on the decreasing revenue accumulated in the year 2023.
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Epixel MLM Software
Source - businessforhome.org
Data updated in May 2024
*The above list is subject to market changes and modifications.
Explore beyond the energy sector and get a broader view of the industry’s top 100 MLM companies.
An overview of top MLM energy companies
Utility Warehouse – Telecom Plus
CEO : Andrew Lindsay
Country : UK
Founding Year : 2002
Annual Revenue 2023 : $2,990 million
Utility Warehouse – Telecom Plus
CEO : Andrew Lindsay
Country : UK
Founding Year : 2002
Annual Revenue 2023 : $2,990 million
The MLM UK-based Utility Warehouse – Telecom Plus tops the list with a revenue of $2030 million in the year 2022 witnessing a 35% growth rate compared to the previous year. The company deals with utility services such as energy, broadband, mobile, and MLM insurance. According to the 2023 financial report published by the company, number of services and customers have increased considerably together with a record organic growth of $3.1 billion.
Exciting offers and innovative services make Utility Warehouse atop their customer list. The company was ranked the top supplier in Uswitch Energy Awards for ‘Best Customer Service’ and ‘Most Likely to Recommend’.
Ambit Energy
CEO : Jere Thompson
Country : USA
Founding Year : 2006
Annual Revenue 2023 : $1,090 million
Ambit Energy
CEO : Jere Thompson
Country : USA
Founding Year : 2006
Annual Revenue 2023 : $1,090 million
Leaders in natural gas and energy services, the company caters to both commercial and residential customers across deregulated markets in the United States. Added to the fixed and variable rate plans in energy services, the company also offers supplemental income earning opportunities to a multitude of energy consultants through the network marketing business model. The company founded in 2006, now records an annual revenue of $1250 million with a year-on-year growth rate of 20%.
ACN
CEO : Robert Stevanoski
Country : USA
Founding Year : 1993
Annual Revenue 2023 : $500 million
ACN
CEO : Robert Stevanoski
Country : USA
Founding Year : 1993
Annual Revenue 2023 : $500 million
ACN began as the provider of long-distance telephone service which now offers a range of services including but not limited to telecommunications, internet, energy, and merchant services. The company operates in 27 countries across 5 continents. ACN empowers its distributors with proper support and training to meet the market challenges. Celebrating their 30th anniversary, Greg Provenzano, one of the founders of ACN commented,
“In 30 years, our core values: integrity, commitment to giving back, Independent Business Owners and customers above all—these have stayed the same. But we’ve adapted and updated our products as needed and remained open to pursue other offerings.”
Apart from providing consultants with earning opportunities, ACN is also committed to the society. ACN runs a feeding kids project together with Food Banks Canada helping children fight childhood hunger.
E.P.I.C
CEO : Nelson Gerard
Country : USA
Founding Year : 1979
Annual Revenue 2023 : $20 million
E.P.I.C
CEO : Nelson Gerard
Country : USA
Founding Year : 1979
Annual Revenue 2023 : $20 million
With over 45 years of service, E.P.I.C has a long-standing line of products including energy services. The US-based energy MLM company caters to the individual and commercial needs of its customers. Besides energy services, E.P.I.C offers wellness products, television and internet services, financial services, and home-based products.
E.P.I.C launches its products in the market using the multi-level marketing model. The company supports its representatives with necessary tools and training. However, the company's annual revenue witnessed a major setback and marked a decline of 33%, from $30 million in 2022 to $20 million in 2023.
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CEO : Jonathan Budd
Country : USA
Founding Year : 2015
Annual Revenue 2023 : $4 million
Powur
CEO : Jonathan Budd
Country : USA
Founding Year : 2015
Annual Revenue 2023 : $4 million
Powur, the solar MLM company, delivers solar-powered home energy solutions that also help customers reduce carbon footprint. The youngest company on the top network marketing energy companies list, Powur records $4 million in revenue in 2022. The growing company has maintained a steady revenue rate and is intended to rise among the toppers in the years to come.
The fully certified B-Corp company was listed in the Inc. 5000 list as the ‘Fastest Growing Company in America’. Powur is also the first ever solar company to neutralize emissions by 100% from the solar manufacturing process.
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Energy services industry statistics
The success of these companies depends mainly on the strategies they adopt, quality of services they deliver, and the value they provide. This is often complemented by an energy MLM platform crafted for the unique requirements of the energy industry.
Energy being the prime focus of our everyday lives, the scope of the industry only multiplies in the coming days. Delivering energy-efficient products, the industry also caters to the energy needs of people through the supply of natural gas, renewable energy, and electricity.
Energy services industry is the most dynamic and indispensable industry in the modern world. The top MLM energy companies contribute immensely to the growth of the industry while also serving increasing energy demands. Innovative technologies and sustainable practices are sure to take these companies to newer success dimensions.
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Disclaimer: Epixel neither promotes nor supports any of the companies mentioned in this article nor their products or services. The facts published here are represented as reported in the direct selling industry. The facts don't reflect our priorities. The article was compiled based on available resources and does not represent special mentions or priorities to organizations, persons, or products.
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