Presented by Energy Management with Fiber Networks Bill Ablondi Director, Home Systems Research Parks Associates April 28, 2009

Consumers are growing more conscious of their energy consumption (based on Parks Associates Consumer Research) Installing programmable thermostats; setting them to conserve energy Installing energy efficient light bulbs Over half of household report taking additional energy-savings measures Utilities are taking steps to deploy Advance Metering Infrastructures (AMI) Over 1 million smart meters deployed in U.S. at end of 2008 Announced plans to install 25 million to 30 million over next 3 to 5 years Numerous companies are establishing positions to take advantage of Smart Grid opportunities Large appliance, HVAC and meter manufacturers as well as start-ups Venture capitalists are actively investing in the sector Some Points to Make - Presented by Parks Associates

Consumers are growing more conscious of their energy consumption (based on Parks Associates Consumer Research)

Installing programmable thermostats; setting them to conserve energy

Installing energy efficient light bulbs

Over half of household report taking additional energy-savings measures

Utilities are taking steps to deploy Advance Metering Infrastructures (AMI)

Over 1 million smart meters deployed in U.S. at end of 2008

Announced plans to install 25 million to 30 million over next 3 to 5 years

Numerous companies are establishing positions to take advantage of Smart Grid opportunities

Large appliance, HVAC and meter manufacturers as well as start-ups

Venture capitalists are actively investing in the sector

MFE’s Opinions about Amenities Most Likely to Positively Influence the Sale or Rental of a Unit - Presented by Parks Associates

Selected Electric Utility Initiatives - Presented by Parks Associates -- 50K -- -- 35K 10K 170K (approved Oct ’08) 500K 4K -- 500K Meters Installed 110K Local Utility Company 2008 - 2010 Tallahassee, Florida 4.5M Florida Power & Light 2008 - Beyond Southern Florida 5.3M Southern California Edison 2009 - 2012 Southern California 20K Local Utility Company 2008 - 2009 San Marcos, Texas 3.0M Oncor Electric 2008 - 2012 North Texas 2.0M CenterPoint Energy 2009 - 2012 Houston, Texas 5.1M Pacific Gas & Electric 2007 - 2012 California 100K Xcelenergy 2008 - 2010 Boulder, Colorado 234K Austin Energy 2008 - Beyond Austin, Texas 2.3M Georgia Power 2008 - 2012 Atlanta, Georgia Meters Planned Utility Company Timeframe Location

Projected Smart Meter Deployments (U.S.) - Presented by Parks Associates

Let’s Discuss the Possibilities … - Presented by Parks Associates Mike Smalley COO, VP Business Development Nathan Vineyard Director of Engineering

Contact Information - Presented by Parks Associates [email_address] 914-663-8440 www.parksassociates.com