COMMITMENTS AND CONTINGENCIES (Tables)

6 Months Ended

Sep. 30, 2022

Schedule of commitments for the next five years and thereafter


	Less than 1 year		1–3 years		4–5 years		More than 5 years		Total
Trade and other payables	$	401,569	$	–	$	–	$	–	$	401,569
Commodity suppliers' accruals and payables subject to compromise		454,553		–		–		–		454,553
Non-commodity trade accruals and accounts payable subject to compromise		39,897		–		–		–		39,897
Debt		55,384		2		–		–		55,386
Debt and financing subject to compromise		357,820		–		–		–		357,820
Gas, electricity and non-commodity contracts		1,088,586		2,317,197		496,960		70,110		3,972,853
Total	$	2,397,809	$	2,317,199	$	496,960	$	70,110	$	5,282,078

Schedule of Surety bonds and letters of credit

	As at September 30, 2022
	Under 1 year		1-3 years		3-5 years		Over 5 years		Total
Surety bonds (i)	$	38,256	$	–	$	–	$	–	$	38,256
Letters of credit (CAD) (ii)	$	120,407		–		–		–	$	120,407

(i)

Pursuant to separate arrangements with Surety Bond Providers, Just Energy has had surety bonds issued to various counterparties including states, regulatory bodies, utilities, and various other surety bond holders in return for a fee and/or meeting certain collateral posting requirements. Such surety bond postings are required in order to operate in certain states or markets. As at September 30, 2022, Just Energy has provided cash collateral or letters of credit for all outstanding surety bonds.

(ii)

The Company has issued letters of credit in accordance with its credit facility to various counterparties, primarily utilities, state regulatory bodies in the markets it operates in, as well as suppliers.