EFTA02688553

From: Richard Kahn < Sent: Wednesday, April 27, 2011 4:44 PM To: Jeffrey Epstein Cc: Harry Beller; Rich Barnett Subject: Fwd: 9 East 71st Street Corp. - Pricing Analysis 4.25.11 Attachments: Pricing Analysis 4.25.11.pdf; Untitled attachment 00268.htm Based =n Source One analysis below and independent analysis prepared by Harry =e are receiving the best rates currently from Con =dison. Richard =ahn HBRK Associates Inc. 301 East 66th Street, Suite =OF New York, NY 10065 tel fa cell Begin forwarded message: From: "Andrew Scott" =It =div style="margin-top: Opx; margin-right: 0px; margin-bottom: 0px; =argin-left: Opx;">Date: April 25, 2011 =:23:06 PM EDT To: "Rich Kahn" < ><=r> Cc: "Lou Schoen" < >, "Brant =avis" < =div style="margin-top: Opx; margin-right: Opx; margin-bottom: Opx; =argin-left: Opx;">Subject: 9 East 71st =treet Corp. - Pricing Analysis =.25.11 Good afternoon Rich, =nbsp; Attached is today's pricing from Hess Energy. Suez =nergy and TransCanada Power. As you can see, the pricing is quite =igh in comparison to what you've been paying on default service with =onEdison. The reason behind the higher forward rates, is because =f your load factor. Your accounts don't have a very high load =actor meaning that the building operate mainly during peak hours. =nbsp;As a result, your capacity cost (which is an ISO charge placed on =ustomers that go to third party supply) is quite high ($0.016 - $0.018 =er kWh). With this in mind, we are going to recommend that you remain on default service for the time being. We will continue to =onitor the market and see if there is an opportunity but customers with =oor load factors are better off remaining on default service because =hey don't pay the additional capacity charge. Please give me a =all if you have any questions. =nbsp;Thanks, Andrew EFTA_R1_02021091 EFTA02688553 Andrew =. Scott, Commodities Analyst SourceOne, Inc. 132 Canal =t. Boston, MA 02114 Phone: Fax: Email: _••• Confidentiality Note: This e-mail message and any attachments to =t are intended only for the named recipients and may contain legally =rivileged and/or confidential information. If you are not one of the =ntended recipients, please do not duplicate or forward this e-mail =essage and immediately delete it from your computer. SourceOne, =nc. 132 Canal Street, Boston, MA 02114 http://www.slinc.com ***** *****•** 2 EFTA_R1_02021092 EFTA02688554