Standard Storage Contract (SCC)
Our terms and conditions are set out in the Storage Services Contract (SSC). This standard contract can only be varied with the agreement of Ofgem following consultation with all market participants, so all customers can be sure they are receiving the same terms. Therefore the SSC is non negotiable.
CSL has amended the SSC to allow for the provision of Multiple Storage Services from within the SSC. (entry paid C STORE and Day Ahead services). Further information can be found on the C Store contract summary page.
Credit Agreement and Terms
The customer has also to sign our standard Credit Agreement. Signing the SSC and the Credit Agreement does not commit the "customer" to any costs. Costs are only incurred if a customer commits to firm capacity or begin to move gas into store or buy gas in store.
The latest version of the contract, effective from May 2006, is version 3. You can download it below and see earlier versions and related documentation in the archive.
The terms and conditions for using V Store are set out in the V Store Contract. Anyone wishing to purchase V Store will be required to sign this contract.
To purchase V Store the customer needs to have signed the V Store Credit Agreement.
The terms and conditions for purchasing I Store are set out in the I Store contract. Any customers wishing to purchase I Store will be required to sign this contract. The quantity of injection, withdrawal and space a customer may purchase is subject to bilateral negotiations and will be defined within an I Store term sheet which references the I Store contract.
To purchase I Store the customer needs to have signed the Credit Agreement.
New Customer Application
To purchase storage capacity and to obtain access to StorIT, customers will also need to complete and return each form from the New Customer Application below.
Security Trust Deed
We have also created Security Trust Deed arrangements to provide customers with security; you can read about these by downloading the document below.
On the 19th of January 2011 Centrica Storage Ltd confirmed their intent to Law Debenture Trustees Limited that they will not be requesting a release of the charged property within the Security Trust Deed before the second anniversary of the initial Review date, which occurs on 14th of October 2013. Customers can view this letter below.