The Consumers’ Waterheater Income Fund Announces Monthly Cash Distribution

TORONTO, ONTARIO–(Marketwire – Dec. 18, 2009) – The Consumers' Waterheater Income Fund (the "Fund") (TSX:CWI.UN), today announced a cash distribution of $0.054 per unit for the month of December 2009. The distribution will be payable on January 29, 2010 to unitholders of record at the close of business on December 31, 2009.

About The Consumers' Waterheater 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 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, FCA
CFO
905.943.6292 or 1.877.877.0142
sbower@consumerswaterheaters.com