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Terms and conditions

Joining Powershop Australia Pty Ltd’s (Powershop) and Reposit Power Pty Ltd’s (Reposit) GridCredit™ plan (Grid Impact) is subject to your acceptance of the following terms and conditions. If you join Grid Impact you will be deemed to have agreed to these terms and conditions.

1. Eligibility
In order to be eligible for Grid Impact, you must:

(a) have a solar and battery system installed at a premise in Victoria, South East Queensland or New South Wales where Powershop is financially responsible for the supply of electricity to that premises;
(b) have Reposit technology installed and have agreed to Reposit’s terms and conditions of service; and
(c) have a smart meter (it is preferred that you are on a time-of-use tariff).

2. Provision of Information
You consent to Powershop sharing some of your personal and account information (such as, your name, address, electricity rates, electricity usage and billing cycle) with Reposit to enable them to provide their service in relation to Grid Impact.

3. Explanation of Grid Impact
(a) Reposit’s GridCredit technology provides the ability to send offers and bids to your battery to dispatch and recharge your battery at certain times.
(b) Powershop will pay you a guaranteed amount in GridCredit’s™. In return, you will receive offers and bids from Reposit Technology to dispatch and recharge your battery at certain times. GridCredit’s™ will be paid in Powershop power credits and applied to your Powershop account.
(c) Bids and offers may be sent to partially discharge or to fully discharge your battery.
(d) You understand that Powershop may place your battery in a holding period for up to 7 days. This means your battery may be held at a certain level of charge.
(e) Powershop may alter the Grid Impact payment structure from time to time and will confirm such changes in writing to you.
(f) You can opt out of Grid Impact at any time by emailing repositpower@powershop.com.au.

4. Provision of service
(a) You agree to ensure that your Reposit box is at all times connected to the internet. You understand and agree that in the event that your Reposit box is not continually connected to the internet you may lose a portion of your GridCredit™ amount.
(b) You consent to Powershop, at its discretion, locking your battery at a certain level of charge for up to seven days during the period in which you participate in Grid Impact.

5. Disclaimer and limitation of liability
In no event shall Powershop be held liable to you for any damage, claim or loss arising directly or indirectly from the Reposit GridCredit technology or systems, your use of such technology or systems, or in any way in relation to your participation in Grid Impact (including by reason of the negligence of a party).