Apply for New Home Service
Upon approval of credit, the applicant agrees to pay promptly and within thirty (30) days (or as otherwise notified in this agreement) from the date of delivery or services rendered.
If payment is not received within thirty (30) days, or as otherwise noted in this agreement, Davenport Energy may, at its option and without notice, not make a delivery, or terminate service, and remove company-owned equipment and gas from the delivery address.
The applicant agrees to pay any and all collection and/or attorney’s fees and all legal costs incurred or obligated by Davenport Energy in enforcement and/or collection of this agreement.
The applicant understands that a late payment charge in the amount of 1.5% per month (APR18%) or $1.00, whichever is greater, will be added, if payment is not received within thirty (30)days, or as otherwise noted in this agreement, and shall continue each 30 days thereafter, until the past-due balance is paid in full.
Davenport Energy will charge the maximum allowable fee for any check returned for insufficient funds.
Customers residing in rental property, upon meeting all regular credit criteria, can receive credit terms for product delivery upon payment of a security deposit. This deposit is payable in advance and is equal to one-half the volume of the tank at the current product rate on the date of agreement. This deposit is held for twelve months. At the end of twelve months, and with a positive payment history, the security deposit is refunded to the customer in the form of a credit to the account.
If the customer discontinues service prior to the end of twelve months, the security deposit will be refunded within thirty days less any outstanding charges on the customer account. This provision does not release customer from any liability for any remaining outstanding balance if security deposit is not sufficient to clear balance of the customer account
If Fuel Oil Customer:
The undersigned hereby submits this application for the purpose of applying for a credit account with Davenport Energy, affirms that the information provided herein is true and accurate and acknowledges and accepts the provisions noted on the other sides of this agreement, and further gives Davenport Energy permission to obtain a credit history now, and again in the future, if conditions warrant, using the applicants’ Social Security number.
Further, the undersigned agrees to pay this account and personally guarantees and stands for the credit and all lawful charges of the above named applicant made to Davenport Energy.
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Document Name: Apply for New Home Service
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