Common use of Securitydeposit Clause in Contracts

Securitydeposit. We may ask you to pay a reasonable amount upfront (a deposit) as security against paymentfor your gas or electricity (or both). We may do this to protect us against likely loss in the event that you break the terms of this agreement. We will not ask for a deposit if you choose to pay for your gas or electricity (or both) througah prepaymentmeterandit issafeandreasonablypossible for you to use a prepayment meter. We will only ask for a deposit if it is reasonable for us to do so in the circumstances. If we ask you for a deposit and you do not pay it, we may be entitledto: i) refuse tosupply gas or electricity (or both) to youo; r ii) be unable to move you to a fixed price supply contract; this will mean staying on our deemed contracrtates. In cases where we ask for a security deposit we will inform you in advance and supply you with alnl ecessary information.

Securitydeposit. We may ask you to pay a reasonable amount upfront (a deposit) as security against paymentfor your gas or electricity (or both). We may do this to protect us against likely loss in the event that you break the terms of this agreement. We will not ask for a deposit if you choose to pay for your gas or electricity (or both) througah prepaymentmeterandit issafeandreasonablypossible for you to use a prepayment meter. We will only ask for a deposit if it is reasonable for us to do so in the circumstances. If we ask you for a deposit and you do not pay it, we may be entitledtoentitletdo: i) refuse tosupply gas or electricity (or both) to youo; ryou;or ii) be unable to move you to a fixed price supply contract; this will mean staying on our deemed contracrtates. In cases where we ask for a security deposit we will inform you in advance and supply you with alnl ecessary information.