Low cost finance
Whether you are looking to switch from a gas or oil fired boiler to a highly efficient electric one, upgrade an existing electric boiler or invest in a highly efficient, economical heat pump, Jersey Electricity can help you spread the cost with our low cost Electric Heating Finance schemes.
We have teamed up with a local finance company to provide up to five years' Interest Free Credit for installations up to £5,000 and Low Interest Credit for installations over £5,000 up to a maximum of £25,000. Both loans are available to all domestic customers, subject to status. Terms and conditions apply.
Option 1 - Interest free credit
The Interest Free Credit scheme provides up to five years' Interest Free Credit up to a maximum loan of £5,000.
Option 2 - Low Interest Credit
Alternatively, you can borrow up to a maximum of £25,000 for up to five years on our Low Interest Credit scheme.
Interest Free and Low Interest Loans cannot be combined and both are for the sole purpose of installing a new electric heating system or replacing an existing gas or oil-fired system with electric.
How to apply
Whichever option you choose, you first need to obtain a written quotation for your boiler or heat pump installation.
Jersey Electricity Heating Centre offers a full plumbing and electrical installation package and provides free surveys and quotations. Call our Customer Care Team on 505460, 7.30am to 8pm, Monday to Saturday, to arrange an appointment.
Once you have received your quotation and are happy with it, bring it to our Customer Care Centre at The Powerhouse (8am to 6pm, Monday to Friday) to sign your acceptance and complete your loan application. You will also need proof of identity, such as your passport or driving licence and your last three months bank statements.
Once approved and you have signed the loan agreement, our installation team will arrange a time to begin work. Download a Jersey Electricity Installation leaflet.
If you prefer to use your own contractor, obtain a quotation, complete a loan application. Bring them both to our Customer Care Centre at The Powerhouse (8am to 6pm, Monday to Saturday). You will also need proof of identity such as passport or driving licence and your last three months bank statements.
Once your loan has been approved and you have signed the agreement, you can instruct your contractor to start work on your installation.
When your installation has been completed, please contact us on 505460 to arrange for a Customer Care Adviser to come and inspect your installation. When we have received your final invoice, which must match your loan amount, we will transfer the funds to your bank account for you to pay your contractor. Download a Contractor Installation leaflet.
Please note: Jersey Electricity cannot accept any liability for any installations carried out by your own preferred contractors.