Document:

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                                                                   Exhibit 10.30

                                  May 31, 2005

Mr. Tom Ulry

Dear Mr. Ulry:

We are pleased to extend to you an offer of employment to join Commerce Energy
as a Sr. Vice President Operations at our offices in Michigan reporting to the
President.

Further specifics of this employment offer are as follows:

Your base salary will be $225,000.00 per year, paid to you in biweekly
increments and you will also be eligible for an annual discretionary bonus per
the board compensation committee approved methodology.

In addition you receive a grant of 100,000 stock options with an exercise price
of $3.50 and are based on the employee stock option plan, of which you will
receive documentation. The options vest over 4 years with 25% vesting each year.

You are eligible to participate in Commerce's Executive Benefit Plan which is
fully paid for by the company and includes, medical, dental, vision, life
insurance equal to one time your base salary, and long term disability. These
benefits also include our Employee Assistance Plan (EAP), a summary may also be
viewed at www.commerceenergy.com.

You will also be eligible to participate in Commerce's 401K Plan on the first of
the month immediately following the completion of two months of service.
Commerce matches 50% of the first 6% of compensation under the Plan, and the
Company will begin matching your contributions commencing with your first
contribution.

You are also eligible for three weeks vacation in accordance with company
policy.

Commerce Energy agrees to pay Mr. Ulry actual out of pocket relocation expenses
not to exceed $40,000 toward costs of moving to Michigan. The relocation
expenses are to include but not necessary limited to moving vans and packing,
realtor fees, car rental and accommodations when in Michigan, and family
relocation costs.

Notwithstanding anything herein to the contrary, please recognize that your
employment is at will and either you or Commerce has the right to terminate the
employment relationship at any time and for any reason. If however, Commerce
determines to end your employment for any reason other than for cause at any
time for one year from the date above, Commerce will pay you an amount equal to
one times your base salary. After that date, if Commerce determines to end your
employment for any reason other than cause, Commerce will pay your salary
monthly for a period of up to six (6) months or until you find alternate
employment, whichever comes first. Employment at will is specified under Section
2922 of the California Labor Code. This offer is provided contingent upon your
satisfactory completion of a drug test and our findings of satisfactory
references.

<PAGE>

After reviewing this letter, please indicate your acceptance of our offer by
signing below.

I'm sure you will find your experience with Commerce to be mutually rewarding.
We hope you will join the Commerce family and accept this challenging and
enjoyable opportunity.

Sincerely,

/s/ Peter Weigand
-------------------------------
Peter Weigand
President
600 Anton Boulevard, Suite 2000
Costa Mesa, California  92626

I have read and understand the contents of the letter above and accept the terms
and conditions of employment outlined therein.

/s/ Tom Ulry            5/31/05
-------------------------------
Tom Ulryexv10w31

 

Exhibit 10.31

Steven Boss

Chief Executive Officer

Commerce Energy Group

600 Anton Boulevard, Suite 2000

Costa Mesa, California 92626

October 28, 2005

Re: Understanding regarding Employment Offer Letters.

Dear Mr. Boss:

     This letter will serve to confirm my understanding that my Employment Offer Letter dated May
31, 2005 supersedes and makes the previous Employment Offer Letter dated February 28, 2005 null and
void.

Sincerely,

/s/ THOMAS ULRY

Thomas Ulry

Senior Vice President Operations

Commerce Energy Group<PAGE>
                                                                   Exhibit 10.33

                             STOCK OPTION AGREEMENT
                           (NONQUALIFIED STOCK OPTION)

         This Stock Option Agreement (this "Agreement"), is entered into as of
April 29, 2005 by and between Commerce Energy Group, Inc., a Delaware
corporation (the "Company"), and Ian B. Carter (the "Optionee").

                                    RECITALS

         WHEREAS, in connection with the merger (the "Merger") pursuant to the
Agreement and Plan of Merger (the "Merger Agreement") by and among the Company,
Commonwealth Energy Corporation ("Commonwealth") and CEGI Acquisition Corp., the
Company assumed all of Commonwealth's outstanding stock options;

         WHEREAS, prior to the Merger, Commonwealth and the Optionee were
parties to an Employment Agreement by and between Commonwealth and the Optionee
dated as of November 1, 2000, and amended November 1, 2000 and March 15, 2004
(the "Employment Agreement");

         WHEREAS, the Employment Agreement provides that the Optionee shall
receive certain nonqualified stock options to purchase shares of Commonwealth's
common stock;

         WHEREAS, prior to the Merger, the Optionee had previously been granted
by Commonwealth certain non-qualified stock options to purchase shares of common
stock in accordance with the Employment Agreement;

         WHEREAS, no separate stock option agreements were issued to the
Optionee in connection with the stock options granted pursuant to the Employment
Agreement;

         WHEREAS, pursuant to the terms of the Employment Agreement, certain of
the options granted to the Optionee have vested in accordance with the terms of
the Employment Agreement;

         WHEREAS, pursuant to the terms of a Confidential Settlement Agreement
and General Release dated April 21, 2005 (the "Settlement Agreement") between
the Optionee and Commonwealth, the Optionee, Commonwealth and the Company have
agreed that the Optionee will retain 2,500,000 of the fully-vested options
previously granted to the Optionee pursuant to the Employment Agreement and that
the remaining options granted pursuant to the Employment Agreement shall be
canceled; and

         WHEREAS, the Company and the Optionee desire to enter into this
Agreement to give effect to the stock options granted to Optionee by
Commonwealth pursuant to the Employment Agreement prior to the Merger that were
assumed by the Company in connection with the Merger and that are being retained
by the Optionee in accordance with the Settlement Agreement.

<PAGE>

                                    AGREEMENT

1.       Terms of Award.

         (a)    The following terms used in this Agreement shall have the
meanings set forth in this paragraph 1:

                (i)     The "Grant Date" is January 1, 2000.

                (ii)    The number of "Option Shares" shall be 2,500,000 shares
                        of Common Stock.

                (iii)   The "Exercise Price" is $2.50 per share.

         (b)    Other terms used in this Agreement are defined pursuant to
paragraph 13 or elsewhere in this Agreement.

2.       Award and Exercise Price. This Agreement specifies the terms of the
option (the "Option") granted to the Optionee to purchase the number of Option
Shares at the Exercise Price per share as set forth in paragraph 1. The Option
is not intended to constitute an "incentive stock option" as that term is used
in section 422 of the Code.

3.       Exercisability. Pursuant to the terms of the Employment Agreement,
the Option was fully-vested on or before January 1, 2003. Accordingly, the
Option is fully vested and exercisable in full.

4.       Expiration.

        (a)     The Option shall not be exercisable after the Company's close
of business on the last business day that occurs prior to the Expiration Date.

        (b)     The "Expiration Date" shall be January 1, 2010, which is the
ten-year anniversary of the Grant Date.

5.       Method of Option Exercise. Subject to the terms of this Agreement, the
Option may be exercised in whole or in part by filing a written notice(s), in
the form attached hereto as Exhibit A, with the Secretary of the Company at the
Company's corporate headquarters prior to the Company's close of business on the
last business day that occurs prior to the Expiration Date. Such notice shall
specify the number of shares of Common Stock which the Optionee elects to
purchase, and shall be accompanied by payment of the Exercise Price for such
shares of Common Stock indicated by the Optionee's election. Payment shall be by
cash or by check payable to the Company or by any of the following methods, or
any combination thereof; provided, however, that the Optionee may only use
methods (i) through (iii) below if such method of exercise is expressly approved
for the Optionee by the Board prior to exercise and permitted by law:

                                      -2-
<PAGE>

         (i)    by cancellation of indebtedness of the Company to the Optionee;

         (ii)   by surrender of shares that either: (A) have been owned by the
Optionee for more than six (6) months and have been paid for within the meaning
of Rule 144 promulgated by the U.S. Securities and Exchange Commission under the
Securities Act (and, if such shares were purchased from the Company by use of a
promissory note, such note has been fully paid with respect to such shares); or
(B) were obtained by the Optionee in the public market;

         (iii)  by waiver of compensation due or accrued to Optionee for
services rendered;

         (iv)   with respect only to purchases upon exercise of the Option, and
provided that a public market for the Company's stock exists:

                (1)     through a "same day sale" commitment from the Optionee
and a broker-dealer that is a member of the National Association of Securities
Dealers (an "NASD Dealer") whereby the Optionee irrevocably elects to exercise
the Option and to sell a portion of the Option Shares so purchased to pay for
the Exercise Price, and whereby the NASD Dealer irrevocably commits upon receipt
of such Option Shares to forward the Exercise Price directly to the Company; or

                (2)     through a "margin" commitment from the Optionee and a
NASD Dealer whereby the Optionee irrevocably elects to exercise the Option and
to pledge the Option Shares so purchased to the NASD Dealer in a margin account
as security for a loan from the NASD Dealer in the amount of the Exercise Price,
and whereby the NASD Dealer irrevocably commits upon receipt of such Option
Shares to forward the Exercise Price directly to the Company;

         (v)    by exercising the right (the "Net Exercise Right"), prior to and
including the Expiration Date, to receive Option Shares on a net basis, such
that, without the payment of cash, the Optionee receives that number of Option
Shares otherwise issuable upon exercise of the Option less that number of Option
Shares having an aggregate Fair Market Value at the time of exercise equal to
the aggregate Exercise Price that would otherwise have been paid by the Optionee
of the Option Shares. The Optionee may not exercise a Net Exercise Right unless
the fair market value of the Option Shares receivable upon exercise of the
Option (the "Surrendered Option Shares") is sufficient to satisfy the payment of
the aggregate Exercise Price. The number of Option Shares to be issued pursuant
to the Optionee's exercise of the Net Exercise Right shall be computed using the
following formula:

                     X  =       Y (A - B)
                            -----------------
                                   A

         Where:      X  =   the number of Option Shares to be issued to the
                            Optionee upon exercise of the Net Exercise Right;

                                      -3-
<PAGE>

                     Y  =   the number of Surrendered Option Shares to be
                            surrendered upon exercise of the Net Exercise Right;

                     A  =   the Fair Market Value of the Common Stock at the
                            time the Net Exercise Right is exercised; and

                     B  =   the Exercise Price.

6.      Transferability of Option. The Option granted hereunder may not be
transferred by the Optionee except upon death by will or the laws of descent and
distribution. Unless the context otherwise requires, references herein to the
Optionee are deemed to include any permitted transferee under this paragraph 6.
During the Optionee's lifetime, only the Optionee (or his or her guardian or
legal representative) may exercise the Option. In the event of the Optionee's
death, the Option (to the extent still held by the Optionee at such time) may be
exercised only (i) by the executor or administrator of the Optionee's estate or
the person or persons to whom his or her rights under the Option shall pass by
will or the laws of descent and distribution and (ii) to the extent that the
Optionee was entitled hereunder at the date of the Optionee's death.

7.       Withholding of Taxes.

         (a)    Withholding Generally. Upon exercise of this Option, the Company
will require the Optionee to remit to the Company an amount sufficient to
satisfy federal, state and local withholding tax requirements prior to the
delivery of any certificate or certificates for the Option Shares.

         (b)    Stock Withholding. When, under applicable tax laws, the Optionee
incurs tax liability in connection with the exercise of this Option that is
subject to tax withholding and the Optionee is obligated to pay the Company the
amount required to be withheld, the Company's Compensation Committee may in its
sole discretion allow the Optionee to satisfy the minimum withholding tax
obligation by electing to have the Company withhold from the Option Shares to be
issued that number of shares having a Fair Market Value equal to the minimum
amount required to be withheld, determined on the date that the amount of tax to
be withheld is to be determined. All elections by the Optionee to have Option
Shares withheld for this purpose will be made in accordance with the
requirements established by the Board and be in writing in a form acceptable to
the Board.

         (c)    Tax Consequences. Optionee acknowledges that the Company has not
made any representations about, and that he has not relied upon any statement in
this Agreement with respect to, any individual tax consequences that may arise
by virtue of the grant of options under this Agreement, including but not
limited to, the applicability of Section 409A of the Internal Revenue Code to
such grant or the exercise of the grant. OPTIONEE SHOULD CONSULT WITH HIS OWN
TAX ADVISOR TO DETERMINE THE TAX CONSEQUENCES, IF ANY, OF ACQUIRING THE OPTIONS
PURSUANT TO THIS AGREEMENT.

8.       Compliance With Securities Laws. This Option shall not be exercisable
if such exercise would involve a violation of any applicable Federal or state
securities law.

                                      -4-
<PAGE>

9.       No Rights as a Shareholder. The Optionee shall not have any rights of a
shareholder with respect to the shares subject to the Option, until a stock
certificate has been duly issued following exercise of the Option as provided
herein.

10.      Not an Employment Contract. The Option will not confer on the Optionee
any right with respect to continuance of employment or other service with the
Company or any Subsidiary, nor will it interfere in any way with any right the
Company or any Subsidiary would otherwise have to terminate or modify the terms
of such Optionee's employment or other service at any time.

11.      Adjustments. In the event that the number of outstanding shares is
changed by a stock dividend, recapitalization, stock split, reverse stock split,
subdivision, combination, reclassification or similar change in the capital
structure of the Company without consideration, then the Exercise Price of and
number of Option Shares subject to this Option will be proportionately adjusted,
subject to any required action by the Board or the stockholders of the Company
and compliance with applicable securities laws; provided, however, that
fractions of a Share will not be issued but will either be replaced by a cash
payment equal to the Fair Market Value of such fraction of a Share or will be
rounded up to the nearest whole Share, as determined by the Board.

12.      Amendment. Except as otherwise provided herein, any provision of this
Agreement may be amended or waived only with the prior written consent of the
Optionee and the Board.

13.     Certain Definitions. For the purposes of this Agreement, the following
terms shall have the meanings set forth below:

         (a)    "Board" means the Board of Directors of the Company.

         (b)    "Code" shall mean the Internal Revenue Code of 1986, as amended,
                and any successor statute.

         (c)    "Common Stock" shall mean the Common Stock, $0.001 par value per
share, of the Company, and any other shares into which such stock may be changed
by reason of a recapitalization, reorganization, merger, consolidation or any
other change in the corporate structure or capital stock of the Company.

         (d)    "Fair Market Value" of a share of Common Stock of the Company
shall mean, as of any date, the value of a share of the Common Stock determined
as follows: (1) if the Common Stock is then quoted on the Nasdaq National
Market, its closing price on the Nasdaq National Market on the date of
determination; (2) if such Common Stock is publicly traded and is then listed on
a national securities exchange, its closing price on the date of determination
on the principal national securities exchange on which the Common Stock is
listed or admitted to trading; (3) if such Common Stock is publicly traded but
is not quoted on the Nasdaq National Market nor listed or admitted to trading on
a national securities exchange, the average of the closing bid and asked prices
on the date of determination; or (4) if none of the foregoing is applicable, by
the Board in good faith.

         (e)    "Securities Act" shall mean the Securities Act of 1933, as
amended, and any successor statute.

                                      -5-
<PAGE>

         (f)    "Subsidiary" shall mean any corporation (other than the Company)
in an unbroken chain of corporations beginning with the Company if each of the
corporations other than the last corporation in the unbroken chain owns stock
possessing 50% or more of the total combined voting power of all classes of
stock in one of the other corporations in such chain.

14.     No Other Options. The parties agree, in accordance with the terms of the
Settlement Agreement, this Agreement represents all of the Optionee's
outstanding options to purchase capital stock of the Company and/or Commonwealth
as of the date hereof and that the Optionee has no other options, warrants or
rights to purchase capital stock of the Company or any its Subsidiaries, whether
pursuant to the Employment Agreement or otherwise.

15.     Entire Agreement. The Agreement and the Settlement Agreement constitute
the entire agreement of the parties and supercedes any and all agreements,
either oral or in writing, between the parties with respect to the subject
matter hereof.

                                      -6-
<PAGE>

                    SIGNATURE PAGE TO STOCK OPTION AGREEMENT

         IN WITNESS WHEREOF, the parties have executed this Agreement to reflect
the grant which was authorized on the Grant Date as first above written.

                                                 COMMERCE ENERGY GROUP, INC.

                                                 By: /s/ Richard L. Boughrum
                                                     -----------------------

                                                 Name:    Richard L. Boughrum
                                                      -----------------------

                                                 Title:         CFO
                                                       ----------------------

                                                 OPTIONEE:

                                                 /s/ Ian B. Carter
                                                 ----------------------------
                                                 Ian B. Carter

                                      -7-
<PAGE>

         FORM OF LETTER TO BE USED TO EXERCISE NONQUALIFIED STOCK OPTION

---------------
Date

Commerce Energy Group, Inc.
600 Anton Boulevard, Suite 2000
Costa Mesa, CA 92626
Attention:  Chief Financial Officer

         I wish to exercise the stock option granted on January 1, 2000 and
evidenced by a Stock Option Agreement dated April ___, 2005 to acquire
__________ shares of Common Stock of Commerce Energy Group, Inc., at an option
price of $2.50 per share. In accordance with the provisions of the Stock Option
Agreement, I wish to make payment of the exercise price (please check all that
apply):

         [ ]  in cash
         [ ]  by delivery of shares of Common Stock held by me
         [ ]  by simultaneous sale through a broker of Option Shares
         [ ]  by exercising the Net Exercise Right

Please issue a certificate for these shares in the following name:

------------------------
Name

------------------------
Address

------------------------

                                                    Very truly yours,

                                                    ------------------------
                                                    Signature

                                                    ------------------------
                                                    Typed or Printed Name

                                                    ------------------------
                                                    Social Security Number

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