Federal Energy Tax Credits for Commercial Properties

Good Energy is pleased to announce its program for achieving maximum benefit from certain provisions of the Federal Energy Policy Act of 2005.

In short, there are new immediately-available tax deductions for commercial buildings.

Generally, any large scale facility improvement must be accounted for as a capital improvement. Pursuant to GAAP, capital improvements must be depreciated over a long period of time. The annual depreciation can be booked against income, reducing the amount of income tax a business must pay. If the business is an LLC or other pass-through entity, then the tax liability, (or reduction thereof), gets passed through to the membership interest owners of the LLC. The federal tax deductions allowed under the Federal Energy Policy Act of 2005 make it possible to apply the tax benefits of expensing an energy efficiency upgrade in the year the upgrade is completed, rather than over a long period of time. Following are some key considerations:

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Summer 2006 Good Energy Texas Radio Spots

Good Energy is pleased to announce it has commenced a radio advertising campaign in Texas, leading up to the Building Owners and Managers Association trade show in Dallas this month.

Good Energy Goes Green

Good Energy today announced it has entered into brokerage agreements with providers of renewable energy credits. As a broker of renewable energy credits, (also known as green tags), Good Energy can help businesses throughout the United States and Canada "Green Up" by offsetting the carbon dioxide and other polluting characteristics of the grid power actually consumed. The environmental benefit of such a transaction can be very well received by shareholders and customers of any business. As more businesses opt for green power, the percentage of less environmentally-sound generators serving the power grid may shrink at even rate.

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Good Energy Radio Spots

Good Energy is pleased to announce it will air a series of radio advertisements in the New York City and Westchester County, NY markets.

The ads blend compelling calls to action with humor and a clear message of Good Energy's value proposition to businesses that buy electricity, natural gas or fuel oil.

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Seven Month Low in 12 Month NYMEX Strip

The natural gas strip has continued its recent slide. Down sharply from a high of $12.956 posted on September 29, 2005, the NYMEX twelve month natural gas strip traded at $8.460 today, representing a low price not seen since the beginning of August 2005.

Good Energy Joins Texas Electric Professionals Association

Good Energy is pleased to announce that it has officially joined the Texas Electric Professionals Association, (TEPA).

TEPA is a self-regulating body aimed at standardizing processes in the Texas retail electricity marketplace and ensuring that aggregators, brokers, and consultants maintain an acceptable level of market knowledge and responsibility while conducting business. Concerned businesspeople such as the Texas-based Good Energy partners and employees, have come together to provide a forum for developing common interests, upholding integrity and maintaining honor in the Texas deregulated retail electricity marketplace.

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Natural Gas Hits Four Month Low

Down sharply from a high of $12.956 posted on September 29, 2005, the NYMEX twelve month natural gas strip closed at $9.751 on January 5, 2006, representing a low price not seen since mid-August 2005.

Because most of the recent slide in prices has been confined to the near-term futures, the economic advantage associated with entering into contracts with terms longer than one year has been eroded. This is evidenced by the narrow $0.176 spread between a 12 month contract and a 36 month contract. Back on December 9, 2005, the spread in price between these same contract terms was a whopping $1.989.

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NYISO SCR Application Approval

Good Energy is pleased to announce that its application to become a customer of the New York Independent System Operator, (NYISO), has been approved.

Good Energy is now able to participate in the NYISO's wholesale electricity market by making special case resource (SCR) offers to satisfy installed capacity (ICAP) requirements of other market participants.

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LIPA Retrofit Energy and Capacity Program

The Long Island Power Authority (LIPA) recently launched a new program, called the Retrofit Energy & Capacity Program (RECAP), designed to encourage its customers to implement energy efficiency upgrades. The RECAP program makes it possible for LIPA customers to reduce the cost of planned upgrades by as much as 30% by funding a portion of the upgrade cost.

LIPA selected a small number of Energy Services Companies, (ESCOs), to handle the management, marketing, and implementation of the incentive dollars being offered. The ESCOs have in some cases turned to a network of local specialist trade allies to help develop and implement energy efficiency projects, including lighting, HAVOC, motors, variable frequency drives, and more.

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About Good Energy
Good Energy launched a business to bring a simple concept to the marketplace... savings via lower electricity costs and superior efficiency lighting solutions. A smarter way to buy power and to use power. With ever changing technologies and product offerings Good Energy has provided new efficiency applications to the market and has pioneered a community centric buying approach that has achieved hundreds of millions of dollars in savings to the residential and commercial segment.

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