Payment Terms

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Joule Energy Solutions (Pty) Ltd reserves its right to suspend delivery of any orders in the event that payment for such orders is not made on time. In the circumstances where payment is outstanding for a period exceeding 30 days from the date of the statement, Optimum Air Conditioning will charge interest at a rate not exceeding 2% per month or as per the maximum rate determined by the National Credit Act from time to time on overdue payments.

All accounts older than 30 days will be handed over for collection and will the Customer be liable to pay all legal fees with regard to the collection of such outstanding amounts on a fees scale as determined by the court of law/tribunal where the collection matter will be adjudicated.

The Customer hereby agrees to the jurisdiction of the Magistrate Court of The Western Cape in the event that any outstanding amount is handed over for collection, although such Magistrate Court may normally not have jurisdiction in the matter.