Your home Home solutions Terms & Conditions for Heating Finance

Before you apply please take the time to carefully read the following terms and conditions. References to "we", "us" or "our" are references to Jersey Electricity plc. Participation in the Scheme may be granted or refused at our absolute discretion.

All correspondence to us relating to the Scheme should be addressed to:

Accounts
Jersey Electricity Plc
The Powerhouse
PO Box 45
St Helier
JE4 8NY

1. The Scheme

1.1 The value of the deferred payment permitted under the Scheme may vary depending upon the type of system installed.

1.2 Unless you fail to pay any amount owing to us on any due date, we will not charge you interest on the outstanding amount.

2. Conditions

2.1 Any offer we make to participate in the Scheme may be withdrawn prior to acceptance at any time without notice.

2.2 Participation in the Scheme is subject to satisfactory credit checks carried out from our own records.

2.3 Applicants must be aged 18 and over.

2.4 Participation in the Scheme is only available in respect of the purchase and installation of a system installed at the address set out in the application form and for no other reason.

2.5 This Scheme is only available to customers with an existing electricity supply at the installation address set out in the application form, which must be in the island of Jersey.

2.6 The installation of the system must be completed within six months from the date of the approval notification letter.

2.7 We reserve the right to ask for a deposit which will be deducted from the total value of the amount payable under the Scheme

3. Payment

3.1 Payments under this Scheme are to be made by direct debit in equal monthly instalments on or before the agreed date in each month.

3.2 The term of the Scheme shall be a period of between 1 to 10 years, as agreed between you and us.

3.3 Should you fail to pay any amount due to us on the due date, we will charge default interest at 2% above the base rate of The Royal Bank of Scotland International Ltd on the entire amount outstanding, both before and after you are ordered by a Court to make payments to us.

3.4 Should we not receive payment in accordance with clause 3.1, we may elect to demand repayment of all amounts owed, including all amounts that will in future become due and payable, by you to us under this Agreement or otherwise and to commence debt recovery proceedings in relation thereto. All reasonable costs, expenses and disbursements incurred by us (including debt collection agency fees
and legal costs) will be payable by you on demand.

3.5 If the application is made jointly, we may pursue each applicant for the entire amount outstanding and we may choose not to exercise our rights against any one applicant without affecting our rights to pursue the other(s) for the entire amount outstanding.

3.6 If we choose not to exercise rights against you at any particular time we can still do so later.

4. Use of your information

4.1 We may use your information to help us assess financial and insurance risks, recover debt, develop services and prevent and detect crime.

4.2 We will not disclose your information to anyone outside the Company except (i) where we have your permission, (ii) where we are required or permitted to do so by law, (iii) to other companies who provide a service to us (including our lawyers, accountants or other advisors for obtaining professional advice) or (iv) where we may transfer rights and obligations under this agreement.

5. Changes in status and transfers

5.1 You must tell us if your name, telephone number or address changes and, if we ask, to confirm it in writing.

5.2 We may transfer our rights and obligations under this agreement (including our obligation to lend) to someone else but your rights under this agreement will not be affected if we do so.

6. Retention of title

6.1 Notwithstanding the other provisions in this agreement, we shall retain ownership and title to any equipment installed and/or delivered by us until you have made full and final payment of all amounts (including interest) that you owe to us under all agreements and/or arrangements entered into between us.

6.2 Until title to the equipment passes to you we reserve the right to commence debt recovery proceedings in respect of any amount owed by you to us under this Agreement.

6.3 Irrespective of whether title to the equipment remains vested in us, the risk shall pass to you upon delivery.

7. Ending this agreement

7.1 You may end this Agreement immediately by giving us notice at any time. We may end this agreement by giving you 30 days’ notice. All amounts due before termination of the Agreement or which would in future be due under the Agreement will immediately become due and payable without further notice.

7.2 We may also end this agreement in writing with immediate effect, and all amounts due before termination of the Agreement or which would in future be due under the Agreement will immediately become due and payable without further notice, in the event of:

 

7.2.1 your death;

7.2.2 your being made bankrupt or declared en désastre or your
entering into any arrangement with your creditors;

7.2.3 our commencing debt recovery proceedings in respect of any amount owed by you to us under this Agreement or otherwise;

7.2.4 the sale of the property in which the system is purchased with the benefit of the deferred payments is removed from your ownership or control;

7.2.5 repeated breaches or a serious breach of these terms and conditions,

 

and in such case the entire amount owed by you to us (including any default interest incurred) will become immediately due and payable without further demand.

8. Governing law

This Agreement shall be governed by and construed in accordance with Jersey law and any dispute arising out of it shall be subject to the exclusive jurisdiction of the Jersey Courts.