Stream Energy is among the many energy providers in the USA. And, yes, it is an MLM company. But is this company worth your time and effort, and won’t you lose money when you join? This is one of the many Stream Energy reviews that will tell you whether this company is legit or just one of the many pyramid schemes.
Chances are you heard about Stream Energy because someone – a friend or family member – introduced you to the company. Maybe you attended an online workshop or webinar, or maybe an in-person information session.
Your head’s probably spinning. This might be the first time you’ve heard about a real way to make money outside of a typical job.
So first off, congratulations!
This Stream Energy Review has been thoroughly researched with information and testimonials that are available online to anyone in the public. Any conclusions drawn by myself are opinions.
Table of Contents
Pros: What I Liked
- Appeal among customers
- Competitive rates
- Multiple payment options
Cons: What I Didn't Like
- Hidden monthly expenses
- Downward trend
- Low-income potential
You’ve just entered a whole new world…the world of making money on your own terms.
However, you came in through the wrong door.
Because Stream Energy is – plain and simple – an MLM. Throw whatever fancy name you want on it…multi-level marketing (MLM), network marketing (NWM), direct sales, or anything else, it’s the same concept:
You pay some money upfront for the “opportunity” to sell products.
The products are typically low-quality but with high price tags (because fancy labels and stuff).
You’re told that the key to building your own successful business is selling these products to friends and family, and getting them on a subscription (so you get “monthly recurring revenue”).
Unfortunately, like most people who get taken in by these types of schemes, you’ll quickly discover that the well runs dry faster than you imagined.
After all, they make it sound really simple. “Just get 5 people you know onto this magic widget, and things will just grow from there.”
And in your head, you think “How hard can it be? I know plenty of people, 5 will be easy.”
But then you do it, and you realize people look at you like you’ve joined a cult. You’ve become “that person”, who joined an MLM, and is now trying to sell questionable products or services to everyone they meet.
It puts a strain on your relationships, and you end up stuck between two worlds.
But it’s not your fault. These companies spend millions of dollars each year figuring out exactly how to brainwash and recruit people. And that’s why we’re here.
To help you find a better way before it’s too late.
So, what if there was a way you could build a passive income stream that’s actually passive?
An income stream that doesn’t require:
- Selling to friends and family
- Selling to strangers
- Recruiting people
- Dealing with questionable products that weigh on your conscience
An income stream that brings in consistent revenues every single month (from a couple thousand dollars to well over $10,000)?
An income stream you could actually build in your spare time, and grow as large or as small as you want to, without having to spend hours a day chasing, selling, or managing anything?
If that sounds like something you’d be interested in, check out Digital Real Estate.
This is nothing like MLM, and that’s probably a good thing.
However, if you’d still like to know more about Stream Energy, keep reading.
What Is Stream Energy?
Stream Energy is an energy company pushed by the MLM company Ignite Energy. Stream Energy is a multi-level marketing company in the energy industry offering energy services. It was founded by Pierre Koshajki and Roby Snyder in 2005. Stream Energy is headquartered in Texas but has offered its energy products in several other states, such as New York, Illinois, Georgia, New Jersey, Pennsylvania, and Maryland. One of their achievements was that the Energy Marketing Conference awarded them the Most Innovative Marketer of the Year in 2016.
Stream Energy Services
Other companies create their own goods, but Stream Energy doesn’t. They acquire energy and gas from different suppliers and resell it to their energy customers and independent contractors at wholesale prices. Customers can choose from three kinds of energy services when they work with Stream Energy.
This kind of energy is commonly used in cooking and car fuel.
Of course, we’re all familiar with this one. This one lights up our houses and businesses.
Now, this type of energy is very trending with being sustainable and all that. This provides %100 renewable energy in solar power for your house.
In addition to energy services, they also provide a mobile phone service called Stream Wireless. It’s a legitimate product, and the company covers seven states, as stated above. However, most of their customers have expressed dissatisfaction with their poor customer service.
Customers can choose from various business and residential energy plans to find one that best meets their needs and budget.
Energy for your home -This gives you the freedom to choose an electrical plan that fits your needs and budget. Your electricity consumption and use limit will be different based on your package.
Energy for your business – This ensures a steady power supply for two months to 5 years, suitable for commercial use.
Here are Stream Energy’s most popular energy plans:
- Constellation Energy – $0.085/kWh for one year
- TriEagle Energy – $0.106/kWh for one year
- TXU Energy – $0.099/kWh for one year
- First Choice Power – $0.107/kWh for three years
However, it is important to know that other energy providers also offer these services.
Stream Energy Compensation Plan
There are two main ways to make money with MLM companies. The first is through the sale of their products, in the case of Stream Energy, those are their gas and electricity, and the second is through recruiting new members into the company.
Since you buy the products at their wholesale price, you can sell them at their suggested retail price. And you can make a profit this way because the retail price is much higher than the wholesale price.
If you are not much of a salesman, you can always recruit new members. However, it isn’t as simple as you may assume to make $100 for every new member. You can earn a commission if your invite member enrolls 4 Energy Points (valued at $100) during the first month of signing up.
The percentage of commission you’ll earn depends on your rank, so you’ll have to work hard to get up the ranks. You must sell more products and invite more people to join your team to make more money.
- Quick Start Bonus – When you sell energy services worth 4 EPs, you’ll get a $100 commission.
- Business Builder Bonus – For each new member you bring on board, you’ll get a commission of $100.
- Residual Income – Depending on your rank, you can earn anywhere from $50 to $100 for each EP you make.
The Cost Of Joining Stream Energy?
You must join Stream Energy to take advantage of their wholesale pricing and, of course, to be eligible for their commissions. The cost you will incur to become an independent contractor is $299.99 and another $29 monthly for website fees.
In addition to these requirements, you must sell at least $100 worth of energy service or acquire 4 Energy Points (EP) a month. Maintaining a valid account and being qualified for the commission is a must for this to work.
Stream Energy Success Rate
I can’t say that there is a high success rate in Stream Energy.
Why? Well, first of all, 92.90% of its members lose money. And that the average annual income of their distributors is only $174. I mean, can you believe that? It can’t be a full-time job.
MLM companies have sales quotas that each member must hit to stay active and earn a commission. If they don’t hit that, they will be forced to spend their own money to buy the products.
Is Stream Energy A Scam?
Let me say this first. Stream Energy is not a pyramid scheme. Although they were sued by a lawyer who highlighted several sales recruitment meetings in which participants were promised tremendous money, its members could still profit from selling its products; hence, not a pyramid scheme.
So, is Stream Energy a scam?
Not technically. You can make money with this program, but it’s definitely not as easy as the company makes it sound.
There’s a ton of work to be done upfront, no real guarantee of success, and – most importantly – the actual commissions are pretty small.
Now, there’s nothing wrong with front-loading the work and making the money later.
But if you’re grinding it out for 3 months and then your reward is a $50 commission, it’s not really worth it.
What if, instead, you could do that same 3 months of work (in your spare time), and your reward was a $500 to $2,000 payment that came in every single month?
And what if you actually didn’t need to wait 3 months? What if you could get started today and have your first payment in a week?
And what if you could double it next week?
Well, that’s the power of Digital Real Estate.
And, unlike an MLM, you can legitimately do this from anywhere. It’s a true lifestyle business.
Your laptop and an internet connection is all you need.
Some of the most successful students in this program run their entire 6-figure businesses from:
- A camper in the middle of the woods
- A beach chair on the water in Mexico
- A small villa in Greece
They’re able to travel around, living their lives first, and focusing on their income second.
Because even if they stop working for an extended period of time, the money keeps coming in.
So adventure, memories, and experience are the top priority.
And they never have to worry about how to pay for the next trip, or consider asking for time off.
If this sounds more like the type of life you want to lead, just click here to find out more about Digital Real Estate.
Are There Alternatives To Stream Energy?
Yes, there are plenty of MLM companies to choose from if you want to pursue this business model. Here are just a few:
What Is My Top Recommendation For Making Money In 2022?
Our review team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs.
While there may be no “perfect business”, the research IS conclusive:
Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Real Estate is for you.
1) It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Real Estate business.
And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t.
Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day.
This is only possible if you have an income stream that’s not tied to your time.
2) You Own & Control EVERYTHING: With MLMs and Network Marketing, you don’t really own anything. You have no control over the quality of products. You don’t even own your “team”.
Look at the fine print for most of the agreements folks sign when they join one of these companies. At any point, the company can change your commission structure, reduce your profit margins, or kick you out entirely.
With Digital Real Estate, you own the assets, which means you have all the power and all the control.
3) Little To No Startup Costs: It’s possible to get into Digital Real Estate with zero dollars upfront. Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket…even before you do any work.
Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.
4) No Inventory: Alright, so most MLMs don’t make you buy the products and fill your garage with them anymore (unlike the good ol’ days), but you’re still in a physical products business.
And physical products always have physical limitations. Even if you don’t have to manage the inventory, you still have to deal with supply chain shortages that cause major delays.
Imagine finally landing your first customer, and then losing them after one sale because they had to wait 6 weeks to get their order.
With Digital Real Estate, a 100% online business, you never even have to think about that risk.
5) Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple keystrokes, and a single phone call (and you don’t actually need the phone call).
Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier.
Because you have more knowledge, more experience, more results, and more momentum.
If you wanted to double your income with an MLM, you’d have to double your customers OR double the average order size of your existing customers. And, guaranteed that’s a lot harder than a few clicks and a few minutes of your life.
6) Make Money Helping Real People: This part is what makes it all worth it. In an MLM, your “upline” might convince you that what you’re selling improves people’s lives, but deep down, you likely know that’s not true.
Most of the time, you’re either selling a dream or a poor-quality, overpriced product with a fancy label.
And that makes it pretty hard to sleep at night.
But with Digital Real Estate, you’re actually helping people by solving your clients’ biggest problem:
Small, local businesses need more customers, and with Digital Real Estate, you are unleashing a flood of happy, paying customers for these businesses.
You make money by helping them make money.
Not a big, faceless corporation either…a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent.
Once you see how Digital Real Estate makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.
Now, the choice is yours.
You could continue browsing, looking at opportunities like Stream Energy which could one day make you money.
You could continue researching, never making a decision.
OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality. At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Real Estate.
A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits.
All while genuinely helping real people who are grateful and happy to pay for it.
If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Real Estate.