Electronic Funds Transfer Sign Up

Name:*

Phone:*

Email Address:*

Service Address:*

City:*

Are you the Owner or Tenant?

OwnerTenant

Sample Check:

Note: If the information submitted is NOT correct, and the EFT application is rejected by the bank, you will be charged an administration fee.

ELECTRONIC FUNDS TRANSFER – TERMS AND CONDITIONS
1. I (We) acknowledge that this Electronic Funds Transfer Agreement (“EFT Agreement”) is provided to authorize CARMA Submetering Solutions ("CARMA") and its financial institution to process debits against my account in accordance with the Rules of the Electronic Funds Transfer Act.

2. I (We) represent and warrant that all persons whose signatures are required to sign on the designated bank account have signed this agreement.

3. I (We) may revoke my (our) authorization at any time, subject to providing notice of 7 days. To obtain a sample cancellation form, or for more
information on my (our) right to cancel an EFT Agreement, I (we) may contact my financial institution or call 1-855-318-2204.

4. I (We) have certain recourse rights if any debit does not comply with this agreement. For example, I (we) have the right to receive reimbursement for any debit that is not authorized or is not consistent with this EFT Agreement. To obtain more information on my (our) recourse rights, I (we) may contact my financial institution or call 1-855-318-2204.

5. I (We) understand that the amounts debited from my (our) account may vary each month based on my energy consumption and in accordance with the terms of my agreements with CARMA.

6. I (We) undertake to inform CARMA, in writing, of any change in the account information provided in this authorization prior to the next payment date of the Electronic Funds Transfer.

7. I (We) acknowledge that the financial institution of CARMA is not required to verify or validate that an Electronic Funds Transfer has been issued in accordance with the particulars of my Electronic Funds Transfer Agreement.

8. Revocation of this EFT Agreement does not terminate any contract for goods or services that exists between me and CARMA. The EFT Agreement applies only to my method of payment and does not otherwise have any bearing on our contract(s) for goods or services.

9. Electronic Funds Transfer will be processed on a monthly basis in accordance with CARMA’s regular billing cycle and will be based on the amount stated on my (our) current invoice. If alternate payments are made, I (we) agree that my (our) account will still be debited the full amount listed on my (our) invoice, pursuant to this EFT Agreement.