Kentucky Public Service Commission

Order Entered: 1. The rates in the Appendix attached hereto and incorporated herein are approved for billing for service rendered on and after April 1 I 2011. 2. Within 20 days of the date of this Order, Natural Energy shall file its revised tariff sheets with the Commission setting out the rates authorized herein and reflecting that they were approved pursuant to this Order.

Acknowledge Receipt of Filing

PURCHASED GAS ADJUSTMENT FILING OF NATURAL ENERGY UTILITY CORPORATION