Is Stream Energy a Scam? Honest Review


Stream Energy Review

There are so many reasons to want to earn money online, or better yet, with your own online company. People still think that when you talk about starting a business, that you’re actually talking about putting extreme amounts of work, and stress, after many years, in order to build a real company.

These people are still locked in an old way of thinking and this is because the internet now provides an endless amount of opportunities to earn money.

When discussing Stream Energy and the business tactic they incorporate, you’re met with the MLM business structure, and this label of work is very hard. For a beginner, unless you’re trained to go in marketing and understand the concept, you will not be able to pass the test (so to speak) and gain grip, turning yourself into a success pattern.

But how can you make money selling energy from home the easy way? Build a website.

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So, What is MyStream.com and do they offer a reliable service to work from? Let’s find out now.

What is Stream Energy?

Stream Energy is a Multilevel Marketing company that both sells and distributes energy services to consumers.

Stream Energy is the parent company of Ignite, Inc. which is the company who distributes their services. Stream Energy founded in 2005 by Pierre Koshakji and Rob Snyder. The idea to begin the company was simple and began after using word of mouth to sell energy.

Stream provides residential and business both natural gas electricity and deregulated energy to markets that spawn across the United States.

Stream is committed to providing residential and business customer’s electricity and natural gas in deregulated energy markets across the United States. Stream services are available in Texas, Georgia, Pennsylvania, Maryland, New Jersey, New York, Illinois, Delaware, Ohio, and Washington, D.C.

Is Stream Energy a reliable MLM to earn?

Stream is a private for profit company, and both categories and industries for this business include the following:

  • Industries: Energy, Energy Efficiency, Home Services, Renewable Energy, Service Industry
  • Categories: Electric Companies, Natural Gas Companies, Energy Service Company, Business Opportunities, Multi-Level Sales

After doing some more searching of qualifying attributes towards the legitimacy of this company, I did find a bunch of social platforms such as Facebook (44.5K Likes), Twitter (54 Likes) and LinkedIn. Along with these supporting sites, I also saw a Better Business Bureau profile which says Stream Energy sport an A+ Rating, and is an Accredited business with the organization.

Is Stream Energy a reliable MLM to earn?

In 2010, Ignite, Inc. was ranked as the 14 largest global direct selling company, with $861 million in net sales (2011). The company operates in only one market but has over 225,000 sales people and nearly 275 employees.

If you think working around your home and neighbourhood selling energy is something you would be good at, then I would take the next step and find out how you can get started below.

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How does Stream Energy work?

The Stream Energy company is a pretty well-known company and getting started working from home selling energy with them is going to be a pretty straight forward process. You’ll have to go to their site and begin the sign up process.

To get started, new distributors need to pay $299 to join Stream Energy as one of their independent business associates.

Aside from that, you also must pay $29 monthly for the website fees and maintain at least 4 Energy Points (EP) monthly. This means that you need to sell at least $100 worth of energy services monthly for you to stay active and earn commissions.

But before you get started with this business, I want you to look at something very telling.

Did you know that 92.90% of Stream Energy members lose money? To see for yourself, check the image below, it is the Stream Energy income disclosure:

Is Stream Energy a reliable MLM to earn?
image for educational purposes only

Stream Energy divides their energy service offerings into 3 areas:

  • Electricity – A package that powers your home or business with electricity.
  • Natural Gas – A package that provides natural gas fuel for your vehicles or for your cooking needs.
  • Renewable – A package that provides renewable energy in the form of solar power for your house.

There are 3 main ways that you can make money from Stream Energy:

  • Quick Start Bonus – Earn $100 when you sell energy services worth 4 EPs.
  • Business Builder Bonus – Earn $100 for every new member you recruit into the company.
  • Residual Income – Earn $50 to $100 for every EP you make depending on your rank.

To learn more, on the compensation plan check out the YouTube channel below:

for educational purposes only

I also checked out what their popularity is with Google Trends and saw that over time, their company does look like it is declining a little. But this could be a number of different things, and not completely composing of the distribution side of things. The CEOs may not be exposing it enough.

Is Stream Energy a reliable MLM to earn?
FOR EDUCATIONAL PURPOSES ONLY

Now that you have some insight into this company and opportunity, you can make a choice on what way you want to head.

However, keep in mind that with my online business, I am all about showing people how to work from their laptops with getting free traffic from Google.

This method does not involve working hard. It is ideal in selling MLM products and services as well.

If you’re interested in taking part in this opportunity, then I want you to begin this training, choose a company name, and begin writing content. You can also get help with choosing a business name which will be very helpful as well.

Overall

After finishing this Stream Energy Review I can now conclude that the business is legitimate and you’ll earn money after signing up and working for the company.

Overall, You need a company that respects you, keeps you updated on what’s going on, and gives you full disclosure before and after you join. If this company or any other company you long to work for does not do this, then you must renegotiate who you need to work for, and with this being said, I can give you your first pipeline of employment starting with your own online business. Keep on reading below to get this orchestrated.

Stream Energy Pros And Cons

Pros:

  • Stream Energy has Positive product reviews
  • Stream Energy has a High income potential for people who sport experience
  • Stream Energy is A well-established company.
  • Stream Energy Minimal legal proceedings unlike many other MLMs
  • Stream Energy has an Excellent BBB Rating
  • Stream Energy also Has social media
  • Stream Energy Has a very new looking and up to date website
  • Stream Energy Customers Feel that the business Provides A Reliable Service
  • Stream Energy has been around for a long time.

Cons:

  • It has Hidden monthly expenses
  • Is Stream Energy a pyramid scheme in disguise?
  • Only 1 in 1316 members earn over $30k a year
  • It has a Downward trend according to Google Trends
  • It is still in the MLM business industry, which is very hard for beginners
  • You Need To Be Good At recruitment To Succeed
  • It has a bit of a Confusing Compensation Structure
  • So many People Are Failing in MLMs
Is Stream Energy a reliable MLM to earn?

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Now it’s your turn. Do you have previous experience in selling Energy, Electricity, and gas from home? Have you worked or tried working for Stream Energy before?

Please share in the comments section below.


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