UNITED STATES BANKRUPTCY COURT
NORTHERN DISTRICT OF GEORGIA				Exhibit 99.1
NEWNAN DIVISION
	}	CASE NUMBER
	}	02-10835
	}
The NewPower Company, et. al.	}	JUDGE	W. Homer Drake, Jr.
	}
DEBTORS	}	CHAPTER 11
DEBTOR'S MONTHLY FINANCIAL REPORTS (BUSINESS)
FOR THE PERIOD
FROM  3/31/2008 to 4/30/2008
Comes now the above-named debtor and files its Periodic Financial Reports in accordance with the Guidelines established by the United States Trustee and FRBP 2015.
		Paul Ferdinands
		Attorney for Debtor
Debtor's Address		Attorney's Address
and Phone Number		and Phone Number
P.O. Box 17296		191 Peachtree St.
Stamford, Ct 06907		Atlanta, GA 30303
Tel: (203) 329-8412		Tel: (404) 572-4600

NewPower Holdings, Inc.
Case Number:  02-10835	Post Petition
	Totals
For Period from  March 31, 2008 to April 30, 2008
Opening Cash Balance -2/29/08	$             1,279
Inflows:
Customer Collections
Collateral Returned
-Sureties
-Security  Deposits
Sale Proceeds/Interest Income/Other	1
Total Inflows	1
		Distribution of Outflows
Outflows:		NewPower	The NewPower
Post Petition:		Holdings, Inc.	Company
Professionals - Bankruptcy	60	60
Consulting Fees	20	20
Lockbox Fees
Supplies & Misc
Rent	0	0
Insurance
Utilities (Heat, Hydro, Phone, etc.)	0	0
Payroll (inlcuding tax payments & fees)	11	11
T&E Reimbursements
State Tax Payments	0	0
Distribution to Equity
Total Outflows	93	93
Net Cash Flows	(92)
Closing Cash Balance	$             1,187
Amount of Cash Balance in  Reserve for
Classes 8 -12

Attachment 1

NewPower Holdings, Inc.
Case Number: 02-10835
Monthly Accounts Receivable Aging and Reconciliation
For Period from  March 31, 2008 to April 30, 2008
Amounts in $000's
Accounts Receivable at Petition Date:	$ 75,200
Beginning of Month Balance*  - Gross	$ 13,476	(per3/31/08 G/L)
PLUS:  Current Month New Billings	-
LESS:  Collections During the Month	-
End of Month Balance - Gross	$ 13,476	(per 4/30/08 G/L)
Allowance for Doubtful Accounts	(13,476)
End of Month Balance - Net of Allowance	$          -
Note:	The accounts receivable aging below relates only to deliveries to
	customers subsequent to the June 11, 2002 petition date.
	AR Aging for Post Petition Receivables
	Current	> 30 days	> 60 days	Total
	$          -	$           -	$      111	$      111

Attachment 2

NewPower Holdings, Inc.
Case Number: 02-10835
Monthly Accounts Payable and Secured Payments Report
For Period from  March 31, 2008 to April 30, 2008
Amounts in $000's
See attached System Generated A/P reports as of 4/30/2008(Attachments 2A and 2B).
Beginning of Period Balance	$        60	(per3/31/08 G/L)
PLUS:  New Indebtedness Incurred	82
LESS:  Amounts Paid on A/P& taxes	(82)
End of Month Balance	$        60	(per 4/30/08 G/L)

Exhibit 2A

The New Power Company

Vendor Balance Detail

As of April 30, 2008

		Type	Date	Amount	Balance
	AT&T				0.00
		Bill	04/14/2008	138.26	138.26
		Bill	04/14/2008	10.76	149.02
		Bill Pmt -Check	04/14/2008	-149.02	0.00
	Total AT&T			0.00	0.00
	Department of Revenue Serv. Ct				0.00
		Bill	04/14/2008	250.00	250.00
		Bill Pmt -Check	04/14/2008	-250.00	0.00
	Total Department of Revenue Serv. Ct			0.00	0.00
	epiq Systems				0.00
		Bill	04/01/2008	427.24	427.24
		Bill Pmt -Check	04/01/2008	-427.24	0.00
	Total epiq Systems			0.00	0.00
	Iron Mountain Off-Site Data Protection				0.00
		Bill	04/14/2008	493.68	493.68
		Bill Pmt -Check	04/14/2008	-493.68	0.00
	Total Iron Mountain Off-Site Data Protection			0.00	0.00
	Mesirow Financial Services, Inc				0.00
		Bill	04/01/2008	60,000.00	60,000.00
		Bill Pmt -Check	04/01/2008	-60,000.00	0.00
	Total Mesirow Financial Services, Inc			0.00	0.00
	Mr. Gene Shanks				0.00
		Bill	04/01/2008	10,000.00	10,000.00
		Bill Pmt -Check	04/01/2008	-10,000.00	0.00
	Total Mr. Gene Shanks			0.00	0.00
	Mr. Richard Weill				0.00
		Bill	04/01/2008	10,000.00	10,000.00
		Bill Pmt -Check	04/01/2008	-10,000.00	0.00
	Total Mr. Richard Weill			0.00	0.00
	Ms. Patricia Foster				0.00
		Bill	04/14/2008	300.00	300.00
		Bill Pmt -Check	04/14/2008	-300.00	0.00
	Total Ms. Patricia Foster			0.00	0.00
TOTAL				0.00	0.00
					81,609.18

Page 1 of 3

Exhibit 2B

The New Power Company

Vendor Unpaid Balance Detail

As of April 30, 2008

Name	Balance
Franchise Tax Liability	55,465.82
Payroll Tax Liablility	4,436.80
	59,902.62

Attachment 3

NewPower Holdings, Inc.
Case Number: 02-10835
Inventroy and Fixed Assets Report
For Period from  March 31, 2008 to April 30, 2008
Amounts in $000's
Inventory Report
Inventory Balance at Petition Date	$  15,587
Inventory at Beginning of Period	$           -	(per3/31/08 G/L)
PLUS:  Inventory Purchased	-
LESS:  Inventory Used or Sold	-
End of Month Balance	$           -	(per 4/30/08 G/L)
Inventory is generally costed at the lower of cost or market.  By the end of July 2002 we had sold
all of our gas inventory either to retail customers or financial buyers as part of our asset sales.
Fixed Asset Report
Book Value at Petition Date	$   1,238
Our fixed assets at petition date consisted of office furniture and equipment.  These assets
were transferred to our lessor in June 2002 as part of the settlement of our lease obligation.
Fixed Assets at Beginning of Period	$          -
Less:  Depreciation Expense	-
Less:  Dispositions	-
Add:  Purchases	-
Fixed Assets at End of Period	$         -

Attachment 4

Page 1 of 3

Name of Debtor :	NewPower Holdings Inc.
Case # :	02-10835
Reporting Period:	3/01/2008-3/31/2008
Name of Bank:	JP Morgan Chase
Branch:	New York ABA # 021000021
Account Name:	The New Power Company Concentration Account
Account Number:
Purpose of Account:	Concentration Account
Beginning Balance	$          227,492.90
Total Deposits	$                 396.56
Total Payments	$            46,920.75
Closing Balance	$          180,968.71
Service Charges
First Check issued this Period		N/A
Last Check issued this Period		N/A
Total # of checks issued this Period		N/A

Attachment 4

Page 2 of 3

Name of Debtor :	NewPower Holdings Inc.
Case # :	02-10835
Reporting Period:	3/01/2008-3/31/2008
Name of Bank:	JP Morgan Chase
Branch:	New York ABA # 021000021
Account Name:	The New Power Company
Account Number:
Purpose of Account:	Money Market
Beginning Balance	$        1,115,231.90
Total Deposits	$                  370.42	Interest Income
Total Payments	$                          -	Payroll Taxes
Closing Balance	$        1,115,602.32
Service Charges	$                          -
First Check issued this Period		N/A
Last Check issued this Period		N/A
Total # of checks issued this Period		N/A

Attachment 4

Page 3 of 3

Name of Debtor :	NewPower Holdings Inc.
Case # :	02-10835
Reporting Period:	3/01/2008-3/31/2008
Name of Bank:	JP Morgan Chase
Branch:	Syracuse, NY
Account Name:	The New Power Company
Account Number:
Purpose of Account:	Controlled Disbursements (A/P)
Beginning Balance	$0.00
Total Deposits	$46,920.75
Total Payments	$46,920.75
Closing Balance	$0.00
Service Charges	N/A
First Check issued this Period		201192
Last Check issued this Period		201191
Voided Checks		7	201178 - 84
Total # of checks issued this Period		-7

Exhibit 5

The New Power Company

Check Detail

April 2008

Num	Date	Name	Paid Amount
201198	04/01/2008	epiq Systems	427.24
201199	04/01/2008	Mesirow Financial Services, Inc	60,000.00
201200	04/01/2008	Mr. Gene Shanks	10,000.00
201201	04/01/2008	Mr. Richard Weill	10,000.00
201202	04/01/2008	CT Commissioner of Revenue Services	252.08
201203	04/29/2008	CT Commissioner of Revenue Services	252.08
201204	04/01/2008	Administrator Unemployment Compensation	210.00
201205	04/01/2008	United States Treasury	56.00
201206	04/15/2008	M. Patricia Foster	3,388.80
201207	04/14/2008	Ms. Patricia Foster	300.00
201208	04/14/2008	Iron Mountain Off-Site Data Protection	493.68
201209	04/14/2008	Department of Revenue Serv. Ct	250.00
201210	04/30/2008	M. Patricia Foster	3,388.82
201211	04/14/2008	AT&T	149.02

Page 3 of 3

Attachment 6

NewPower Holdings, Inc.
Case Number: 02-10835
Monthly Tax Report
For Period from  March 31, 2008 to April 30, 2008
Amounts in $000's
Taxes Paid During the Month
Employment Taxes	3.9
Connecticut State Tax	0.3
Taxes Owed and Due
Payroll Tax Liability	4.4

Attachment 7A

NewPower Holdings, Inc.
Case Number: 02-10835
Summary of Officer Compensation / Summary of Personnel and Insurance Coverages
For Period from  March 31, 2008 to April 30, 2008
Amounts in $000's
Summary of Officer Compensation
See supplemental attachment.
Personnel Report
	Full Time	Part Time
# of Employees at beginning of period		1
# hired during the period	-	-
# terminated/resigned during period	-	-
# employees on payroll - end of period	0	1
# of employees on temporary consulting assignments		0
Confirmation of Insurance
See supplemental attachment.*
* Omitted

Attachment 7B

(Supplemental)

Payments made to insiders 4/01/08 - 4/30/08
Payments are in gross amts
	Title	Amount	Date	Type
M. Patricia Foster	President & CEO	$     5,208.33	4/15/2008	Salary for pay period 4/01 -4/15
		$     5,208.33	4/30/2008	Salary for pay period 4/16 -4/30
Mr. Eugene Shanks	Director	$   10,000.00	4/1/2008	Director Fees
Mr. Richard Weill	Director	$   10,000.00	4/1/2008	Director Fees
		$   30,416.67

Attachment 8

NewPower Holdings, Inc.

Case Number: 02-10835

Significant Developments During Reporting Period

For Period from  March 31, 2008 to April 30, 2008

none