Free Levelise Terms and Conditions

**Terms and Conditions for Free Levelise Promotion**

**Promotion Period:**

This sales promotion is valid until 31 August 2024. To qualify, customers must sign their offer by this date.

**Eligibility:**

1. The free Levelise system offer is available exclusively for customers purchasing an Otovo solar PV with battery system or an Otovo battery-only system.

2. Retrofitting of a Levelise system for free is not available to past customers unless they contract for a new battery system or a new solar PV with battery system.

3. Only compatible brands and hardware are eligible for this promotion. Attachment of a Levelise system may require the change of compatible brand and/or hardware of the solar PV and battery system.


**Value and Cash Terms:**

1. The free Levelise system is valued at £599.

2. There is no cash value or cash refund available for the free Levelise system.


**Installation Requirements:**

1. The attachment of a Levelise system is subject to compatibility with the existing solar PV and battery system.

2. If a system or house is not compatible for a Levelise system, no cash value, refund, or discount will be provided.


**Smart Export Guarantee (SEG) Tariff:**

1. Customers without a solar PV system may have limited ability to apply for an export Smart Export Guarantee (SEG) tariff.

2. The savings from selling electricity are dependent on this export tariff and may vary.


**Savings Calculation:**

1. The additional average savings of £300/year are based on the following estimates provided by Levelise:

- Annual household electricity consumption: 3000 kWh

- Solar generation: 4400 kWh

- Battery capacity: 5 kWh

2. Actual savings may vary based on secondary markets and electricity tariffs, which are subject to change.


**General Terms:**

1. This promotion cannot be combined with any other offer or discount.

2. Otovo reserves the right to modify or cancel this promotion at any time without prior notice.

3. By participating in this promotion, customers agree to these terms and conditions.


For further details or inquiries, please contact Otovo customer service at sun@otovo.co.uk


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© Otovo 2024

Disclaimer: Otovo Limited is an appointed representative of Product Partnerships Limited (“PPL”) which is authorised and regulated by the Financial Conduct Authority. PPL’s FCA registration number is 626349 and its address is Second Floor, Atlas House, 31 King Street, Leeds LS1 2HL. PPL’s permitted business is to act as a Principal for a network of Appointed Representatives who arrange regulated credit facilities for customers who are purchasing goods from them.

Otovo Limited acts as a credit broker not a lender. We will introduce you to a small panel of lenders who may be able to offer you finance facilities for your purchase. European Distributed Energy Assets Limited (FRN: 991365) who are part of the same group as Otovo Limited may be among these. We do not receive any commission for introducing customers to any lenders. You may be able to obtain finance for your purchase from other lenders and you are encouraged to seek alternative quotations. If you would like to know how we handle complaints, please ask for a copy of our complaints handling process. You can also find information about referring a complaint to the Financial Ombudsman Service (FOS) at financial-ombudsman.org.uk.

Representative example: If you borrow £7,000 over 20 years (PV) and £3,000 over 10 years (Battery) at a Representative APR of 10% you would pay £91 per month in year 1, £114 in year 10 and £87 in year 20. Total Charge for Credit £11,678 | Total Amount Payable £21,678