Tom Cooper

The Consumers' Waterheater Income Fund engages in the water heater rental business with over 1.4 million natural gas-fired water heaters which is rented primarily to residential customers in Ontario . It has captured about 50% of Ontario 's residential market with most of its business in the growing Greater Toronto Area. The firm's rental program provides homeowners with a convenient way of installing and maintaining a vital piece of equipment in their home with no capital outlay, with a convenient fixed and monthly fee currently bundled with their natural gas bill. The Fund's objective is to generate a stable and growing cash flow stream which will in turn be reflected in stable and growing unit holder cash distributions. The Fund structure entitles the Fund to receive 65% of rental revenues and Direct Energy - receives 35% for continuing to provide life-cycle service support for the asset base. It also owns Stratacon Inc., a leading sub-metering company, with contracts for condominium and apartment suites in Ontario, Alberta and elsewhere in Canada. It was founded in December 2002 and is headquartered in Markham, Canada.

EnerCare, Inc. engages in the provision of heating ventilation and air-conditioning services. It operates through the following categories: Home Services: rent and leases out water heaters, heating ventilation and air-conditioning systems; Sub-metering provides services and equipment to sub-metering and remote measurement of electricity and water in residential and commercial properties and Commercial: installation of heating, cooling, water heating and sub-metering solutions for all commercial equipment. The company was founded in 1848 and is headquartered in Markham, Canada.