EFTA01866251.pdf

To: Jeffrey EpsteinUeeyacationammail.comi Cc: Harry Belled ; Rich Bamett From: Richard Kahn Sent Wed 4/27/2011 4:44:00 PM Subject Fwd: 9 East 71st Street Corp. - Pricing Analysis 4.25.11 Pricino Analysis 4.25.11.pdf Based on Source One analysis below and independent analysis prepared by Harry we are receiving the best rates currently from Con Edison. Richard Kahn FIBRK Associates Inc. Begin forwarded message: From: "Andrew Scott" Date: April 25, 2011 4:23:06 PM EDT To: "Rich Kahn" Cc: "Lou Schoen" "Brant Davis" Subject: 9 East 71st Street Corp. - Pricing Analysis 4.25.11 Good afternoon Rich, Attached is today's pricing from Hess Energy. Suez Energy and TransCanada Power. As you can see, the pricing is quite high in comparison to what you've been paying on default service with ConEdison. The reason behind the higher forward rates, is because of your load factor. Your accounts don't have a very high load factor meaning that the building operate mainly during peak hours. As a result, your capacity cost (which is an ISO charge placed on customers that go to third party supply) is quite high ($0.016 - $0.018 per kWh). With this in mind, we are going to recommend that you remain on default service for the time being. We will continue to monitor the market and see if there is an opportunity but customers with poor load factors are better off remaining on default service because they don't pay the additional capacity charge. Please give me a call if you have any questions. Thanks, Andrew Andrew R. Scott, Commodities Analyst SourceOne Inc. EFTA_R1_00269389 EFTA01866251 Confidentiality Note: This e-mail message and any attachments to it are intended only for the named recipients and may contain legally privileged and/or confidential information. If you are not one of the intended recipients, please do not duplicate or forward this e-mail message and immediately delete it from your computer. SourceOnc, inc. 132 Canal Street, Boston, MA 02114 http-1/www.s 1 inc.com ************* EFTA_R1_00269390 EFTA01866252