Hudson EnergyProspective Electric

Supply Vendor

Contact InformationCorporate Office Info: Hudson EnergyN Central Expressway, Suite 300Dallas, TX 75231

Regional ManagerAngie WillsonT: 832-655-0680E: angie.willson@gmail.com

Sales RepresentativeGary AbelT: 713-906-0392E: gary.abel54@gmail.com

•Terms of the Agreement – See Attachment Titled Fixed Price Agreement

•Benchmark that will be used to Determine Cost – slide 3

•Overview & History of Hudson Energy – starts on slide 6

•Credit Rating – slide 4

•Percent of Electricity Created by Renewable Resources – slide 5

Benchmark Used to Determine Cost

• Cost is determined by requesting meter read information from each of the schools to determine the amount of energy that is used at each facility (KWH per year), and to determine the Load Factor.

• Load Factor is a standard industry measurement that determines how efficient a facility is. The higher the load factor the lower the electricity price.

• Note prices change daily based on changes in the energy market.• The Texas energy market is closely tied to the price of natural gas. If

natural gas prices go up, the electricity quote will go up.• Once a contract is signed the price is “locked in” for the term of the

agreement.

Hudson Credit Rating

• Currently Hudson does not have a credit rating due to the unique structure of our organization. The size and strength of our company is highlighted on slide 7 of the attached presentation. Additional information is available through the New York Stock Exchange and researching our trading symbol - JE.

Percent of Electricity Created by Renewable Resources

• HES complies with the Texas renewable mandates imposed on all Texas REPS. HES also provides those that wish to procure additional green

amounts of their own choosing (0% - 100%).

Hudson Energy at a Glance

One of the largest and fastest growing business to business suppliers of electric and natural gas solutions in North America.

Provide commercial customers with fixed and index products in New York, New Jersey, Texas, Illinois, Massachusetts, Pennsylvania, Ontario and Alberta.

Offer businesses access to independent, professional energy advisors to help them make informed decisions.

Use leading-edge proprietary technology to ensure customers receive highly competitive pricing and a wide variety of product options.

Provide cost effective green energy solutions designed to help our customers reduce their carbonfootprint and enhance their corporate reputation.

Subsidiary of Just Energy Income Group, a publicly traded corporation, established in 1997.

As one of the largest and fastest growing business to business suppliers of electric and natural gas commodity in North America, Hudson Energy provides powerful products for volatile energy markets. Hudson Energy has been serving commercial and residential customers since 2002 in New York and New Jersey. Texas and Illinois began service in 2006.  The Texas commercial load represents ~ 6.0 TWh of annual load for Just Energy/Hudson Energy. Additionally, Hudson recently expanded its footprint into California, Pennsylvania, Massachusetts and 5 Canadian provinces.  Hudson Energy’s industry expertise and leading-edge proprietary technology uniquely positions us in the commercial market to provide customers with highly competitive pricing and a wide variety of product options with innovative, efficient and timely pricing and deal management service.   Hudson Energy is a part of Just Energy Group Inc., a publicly traded Corp. (TSX: JE). Established in 1997, Just Energy is a leading electricity and natural gas retailer, and the largest competitive green energy retailer in North America serving 1.6 million customers with annual revenue approaching $3billion Hudson Energy (“HES”) is the leading energy retailer in North America in Renewable Commodities, Fixed Priced Natural Gas and Electricity Commodities. Through our parent company, Just Energy Group Inc., a publicly traded company with reported revenue of over $2.8B, has the size, strength and rock-solid stability it takes to withstand market fluctuations and guarantee our customers an uninterrupted energy supply at their contracted rate. Founded in 1997, Just Energy pioneered in deregulated energy markets, and continues to establish its presence as new markets are unlocked. Over the past 13 years, Just Energy experienced exceptional growth through organic sales and acquisitions, in which allows us to successfully operate in eleven states and five Canadian provinces. In addition to Just Energy’s existing market presence, we’re licensed in multiple markets gained through retailer acquisitions.  

Company Profile

New York Office – Serving New York, New Jersey & Massachusetts4 Executive Boulevard, Suite 301, Suffern NY 10901 Office 845-228-3400

Texas Offices – Serving TX105 Decker Court, Suite 1050, Irving, Texas 75062 Office 972.373.16005251 Westheimer Rd, Suite 1000, Houston, TX 77056 Office 713.544.8100

Pennsylvania Office – Serving PA1650 Market Street, 36th Floor, Philadelphia, PA, 19103 Office 267-386-4993  Illinois Office – Serving IL1415 W. 22nd St. Tower Floor, Oak Brook, IL 60523 Office 630-645-3880  

Toronto Office – Serving 5 Provinces in Canada6345 Dixie Rd. Suite 200, Mississauga, Ontario L5T 2E6 Office 905-795-3554

California Office – Serving CA1 Centerpointe Drive, Suite 350, La Palma, CA, 90623 Office 714.481.6623   

North American Sales Offices

Canada

United States

ALBERTA

BRITISHCOLUMBIA

MANITOBA

ONTARIO

QUEBEC

NY

NJOH

MI

IL IN

TX

CA

Markets Across North America

MA

PA

Markets Across North America

Markets Natural Gas ElectricTexas Fixed & Variable

California Fixed & Variable Fixed & Variable

Illinois Fixed & Variable Fixed & Variable

Indiana Fixed & Variable

Michigan Fixed & Variable

Ohio Fixed & Variable

New York Fixed & Variable Fixed & Variable

New Jersey Fixed & Variable Fixed & Variable

Massachusetts Fixed

Pennsylvania Fixed & Variable

Ontario Fixed & Variable Fixed & Variable

Quebec Fixed

British Columbia Fixed & Variable

Alberta Fixed & Variable Fixed & Variable

Manitoba Fixed & Variable

The following is a detailed corporate profile for Just Energy Group Inc.:

Just Energy Group Inc. is a company incorporated under the laws of Ontario. Its operating affiliates are: Just Energy Ontario L.P. (“JE Ontario”), Just Energy Manitoba L.P. (“JE Manitoba”), Just Energy Quebec L.P. (“JE Quebec”), Just Energy (B.C.) Limited Partnership (“JE B.C.”), Just Energy Alberta L.P. (“JE Alberta”), Alberta Energy Savings L.P. (“AESLP”), Just Energy Illinois Corp. (“JE Illinois”), Just Energy New York Corp. (“JENYC”), Just Energy Indiana Corp. (“JE Indiana”), Just Energy Texas L.P. (“JE Texas”), Just Energy Massachusetts Corp. (“JE Mass”), Just Energy Michigan Corp., (“JE Michigan”), Just Energy Exchange Corp. (“JEEC”), Universal Energy Corporation (“UEC”), Universal Gas and Electric Corporation (“UG&E”), Commerce Energy Inc. (“Commerce” or “CEI”), National Energy Corp. (“NEC”) (which operates under the trade name of National Home Services (“NHS”)), Hudson Energy Services, LLC (“Hudson” or “NES”), Momentis Canada Corp. and Momentis U.S. Corp. (collectively, “Momentis”) and Terra Grain Fuels, Inc. (“TGF”), collectively, the “Just Energy Group”. Just Energy’s operating affiliates market natural gas to residential and commercial customers in Ontario, Manitoba, Alberta, British Columbia, Illinois, Indiana, Ohio, California, New York, Indiana and Michigan as well as solely to commercial customers in Quebec. Just Energy also markets electricity to residential and commercial customers in Ontario, Alberta, New York, Texas, Illinois, Pennsylvania, New Jersey, Maryland, Michigan California, Massachusetts and Texas.

Just Energy Profile

Ownership, Structure and Affiliates

REBECCA MACDONALDExecutive Chair Rebecca MacDonald was a founder of Hudson Energy (formerly Energy Savings) and has held the position of Executive Chair since the Fund's IPO. From the Fund's IPO to March 2005, Ms. MacDonald also held the position of Chief Executive Officer.

KEN HARTWICK, C.A. Chief Executive Officer and PresidentKen Hartwick joined the company in April 2004 as Chief Financial Officer, was promoted to President in 2006 and assumed the additional position of Chief Executive Officer in June 2008. Prior to this, Mr. Hartwick was Chief Financial Officer of Hydro One Inc.

DARREN PRITCHETTExecutive Vice President, Consumer SalesDarren Pritchett joined Hudson Energy as Executive Vice President, Consumer Sales in April of 2008. Prior to this, Darren ran a successful direct marketing organization, contracted by Hudson Energy.

BETH SUMMERS, C.A.Chief Financial OfficerBeth Summers joined Hudson Energy in February 2009 as Chief Financial Officer. Prior to this, Ms. Summers was Executive Vice President and Chief Financial Officer of Hydro One Inc.

Officers’ Bios

Just Energy Group of Companies

Group Inc.

Energy solutions for medium to large

commercial customers.

Energy solutions for residential and small

commercial customers. Energy efficient water heaters, furnaces and

air conditioners.

Production of wheat-based, clean burning

ethanol.

SolarGeneration of solar power

through installation of solar panels.

Energy solutions for Residential customers

through a referral program.

Energy solutions for medium to large

commercial customers in select markets.

A full-service retail electricity provider to

residential and commercial customers

in Texas.

A leading affinity-based marketer with numerous

trade associations.

Powerful Products

For Volatile Times.

As a retail electric provider, we are backed by suppliers that represent the leading oil and gas producers in North America. Our Suppliers offer recognized leadership in natural gas and power marketing as well as generation. They possess the experience and commitment to deliver a diverse network of energy supply as well as the strong financial backing of investment grade credit ratings.

Supplier Qualifications

Electricity Supply and Management

Electricity Supply service includes, developing strategies to synchronize risk characteristics and electricity procurement, forecast future prices and capitalizes on market opportunities, and provides market updates. Hudson Energy will assist to better understand its current electricity profile and identify market opportunities for your business.Highlighting the important steps involved in the process, the following summarizes the responsibilities to implement and manage Electricity Management services.Provide purchasing and hedging strategies consistent with your risk tolerance, purchasing obligations and load profile(s).Execute approved purchasing strategies and communicate transactional details to you.Hudson Energy is a company that will continue to stay competitive by creating innovative products to better serve your energy needs.Provide guidance to you through a fixed price product in the preparation of yearly budgets.Avenues to participate in the generation of cleaner air in your facility, for today’s benefit and generations to comeInform you of important developments within the electricity industry.Collaborating for a cost-effective way to make a difference to the environment and demonstrate to employees and stakeholders your commitment to sustainability, our Hudson Energy Just Green product can help. Just Green Renewable program participation will provide NEC recognition through Green Plaque Display with your

logo and level of participation.  

Description of wholesale purchasing and hedging practices and policies

The wholesale purchasing and the associated hedging practices and policies, and current wholesale suppliers are considered either proprietary and confidential, or simply confidential in nature.  Having stated this, HES energy portfolio procurement is governed by a rigorous risk avoidance strategy.  Positions are monitored and reported on daily, even intraday for some elements of the portfolio.  For large energy intensive customers, HES will closely align itself with the wholesale market to ensure the integrity of the retail agreement is maintained.

The Just Energy Group has been serving customers with risk-free Natural Gas and Electricity at competitive prices for over 13 years.

Asset Management•Expertly manage a demand portfolio of over 110 Million MMBTU of gas and 15 Million MWH of power. •Serve uninterrupted gas and electricity in 9 states in the United States and 5 provinces in Canada. •Currently serve energy in multiple US and Canadian markets covering over 100 utilities in Canadian Power, 7 utilities across Canadian Gas, 7 utilities across US Gas and numerous power utilities across the US. •Ownership of capacity and delivery rights on several major North American pipelines, including Texas Eastern Transportation, William’s Transcontinental, Tennessee Gas Pipeline, Columbia Gas & Gulf Transmission, TransCanada Pipelines and Westcoast Pipelines.Supply Procurement•Transaction relationships with multiple internationally recognized counterparties •Offer a range of products, from Fixed product to an Indexed based product to a Hybrid which combines both Fixed and Index positions. •Expertise in the North American Energy markets and advanced analytical tools allow Hudson Energy to purchase supply hedges at unbeatable supply pricesTechnical Instruments•Intricate models are implemented which use weather and customer consumption to determine appropriate forecasted demand.

Supply Expertise

Weather ImpactUse of market leader third-party weather source, DTN Meteorlogix, to deliver accurate weather data.  Risk ManagementRisk desk has stringent risk policies which must be adhered to by HUDSON ENERGY to mitigate exposure to the client and the company from any price volatility and hedge ineffectiveness.  Distributed setup of HUDSON ENERGY allows Canadian locations to cover for Texas workload in lieu of unforced blackouts, and vice versa.  Renewable AlternativesNationwide leaders in providing of clean, pollution-free electricity and carbon reduction programs. Currently a leading North America’s green energy program, providing more than 80,000 customers with green power and natural gasExpertise in originating and entering long-term agreements with renewable energy and carbon reduction products across North AmericaSupported the generation of over 500,000 MWh of renewable energy and 100,000 tons of CO 2 emission reductions.

Supply Expertise cont.

At Hudson Energy, we take pride in our customer care abilities by focusing on high levels of customer satisfaction and ensure its achieved through rapid and accurate responses to customer inquiries.Our client service representatives are supported by strong training in product knowledge, ability to identify customer needs, industry knowledge as well as system support with a robust database.In addition to the customer support system, we provide a higher level of customer service interaction, our Account Management Staff. You will be served by a team dedicated to your needs. The Account Management Staff is skilled in managing and facilitating the needs. The benefits are listed but not limited to:

Direct contact, via telephone, email, fax, and/or in person visit requestAbility and authority to make on the spot decisions for your immediate needsPersonable service, plus guaranteed account acknowledgmentKnowledge of your consolidated billing formatAccount Receivables awareness your payment cycle – net 30 day payment terms.Ability to communicate to all levels of the company; acts as your company liaison One -on-One customer on-site training provided for full all access client service tool, Business to Business Portal (an instructional manual is provided within the Sample Documents section.) Prior to becoming a customer of Hudson Energy, we will formally visit with you and parties directly involved with the future electricity contract to ensure all expectations and ongoing needs are met. We understand having immediate access to your account information is vital in running an organization as yours; Hudson Energy is extending out a vital tool for having On-Demand service and accessibility to your account records – Business to Business Portal. This portal is an accommodation at no additional cost for you. This B2B Portal web based application was specifically designed for customers of your magnitude. You will have full access to pulling queries of usage summaries, account billing information for any or all accounts at one time, and pulling individual site information. Portal web address: https://b2b.hudsonenergybilling.com

 

Customer Service and Management Programs

The staff’s responsibilities are listed below, but not limited to:

Payment or removal of additional costs, penalties, and other related chargesSupport for concerns, complaints, and dispute resolutionCompilation and submission of consumption and cost data and reportsService connections, interruptions, outages, and emergenciesIn person training of B2b Portal and first invoice generation review

Traci RileyDirector, Commercial Client ServicesC) 225.252.5634O) 713. 544.8130F) 713.850.6796traci.riley@hudsonenergy.net

Account Management & Related Services

Defining the Market.