The Consumers’ Waterheater Income Fund Announces Monthly Cash Distribution

TORONTO, ONTARIO–(Marketwire – April 21, 2009) – The Consumers' Waterheater Income Fund (the "Fund") (TSX:CWI.UN), today announced a cash distribution of $0.1075 per unit for the month of April 2009. The distribution will be payable on May 29, 2009 to unitholders of record at the close of business on April 30, 2009. About The Consumers' Water heater Income Fund The Fund owns a portfolio of approximately 1.4 million installed water heaters and other assets, rented primarily to residential customers in Ontario. The Fund also owns Stratacon Inc., a leading "smart" sub-metering company, with metering contracts for approximately 47,000 condominium and apartment suites in Alberta, Ontario and elsewhere in Canada. Additional information regarding the Fund, including its current Annual Information Form is available on SEDAR at www.sedar.com. Additional information on the sub-metering business is available at www.stratacon.ca.

For further information: The Consumers’ Waterheater Income Fund
R. Stephen Bower
Chief Financial Officer
905-943-6292 or 1-877-877-0142
sbower@consumerswaterheaters.com