The VAT which you pay on heating oil is controlled by HMRC. Oil suppliers and brokers are required to be a Registered Dealer in Controlled Oils (RDCO). Registered Dealers in Controlled Oils (RDCO) The RDCO use a fit and proper test which ensures that companies which sell fuel are fit and proper to deal in controlled oils and will do so in a way that helps HMRC protect the tax system. This means th… Read more
How does heating oil system work? Heating oil systems work in similar ways to that of a gas system. You will face the same heating and boiler issues when operating both, the only huge difference between both of these systems is that with an oil heating system you will have to plan further in advance as the oil will need ordered, delivered and stored in your tank to heat your home unlike gas oil sy… Read more
Looking for a low price on your heating oil? At Value Oils we are constantly comparing heating oil prices with our suppliers in order to get you the best quote on your heating oil. In order to keep our prices as keen as possible we only offer live pricing on our oil meaning it could change at any time. But once you place the order that price for your heating oil is locked in. We group all of our o… Read more
Heating oil prices remain the cheapest compared to all other sources of UK domestic heating. The Sutherland Tables provide comparative costs for space heating and hot water for the most common fuels across a range of standard house types throughout the UK and Ireland. The Tables also provide figures for heating an individual room using a variety of appliances including open and closed solid fuel a… Read more
With Easter just around the corner many of us are planning on getting the last batch of kerosene in before the break. For some of us it’s the fill that will do us until September. The home heating oil price for 500L dipped recently to an NI average of £198 down from £206 which is a difference of 1.5ppl. The price seems to have stabilised recently with no big rises or drops in store, seemin… Read more
Northern Ireland is very different from other parts of the United Kingdom in that about 68% of NI households heat their homes using heating oil. Because of this, oil prices in NI are a key component of household budgets, and it’s essential that consumers are able to access the best deals. So what might affect oil prices in NI in 2017, and what can you do to ensure you get the best ava… Read more
We’ve had a few people querying our opinion on whether the price of heating oil is set to rise. January is generally thought of to be one of the cheaper months to buy heating oil but unfortunately this isn’t the case for several reasons that we’ll get onto. Truthfully, it’s very hard to predict the price of oil due to the turbulent nature of today’s markets, few expected the prices t… Read more
Consumers in Northern Ireland who use oil for heating have been warned to get ready for heating oil prices to rise this autumn and winter. Home heating oil prices have been reaching all-year highs recently, and this follows a 40% rise in prices in just the last six months. This means that the average yearly bill for a three-bedroomed home is likely to rise by £175. The boss of a price-comparison … Read more
Price Comparison sites are becoming the norm, and even price comparison sites for home heating oil are beginning to become more popular. Nobody wants to be paying more than they should. That’s the bottom line. And at the same time nobody wants to go to the hassle of phoning up countless heating oil companies comparing prices to make sure they are not paying more than they should. That’s where … Read more
Just a few months back there was a major Organisation of Petroleum Exporting Countries (OPEC) announcement that began to halt production of oil which in turn drives the oil price up. They succeeded too, prices rose (in terms of home heating oil) from an average of £159 to around the £200 mark. That was still at a barrel price of around $48, an agreement between OPEC and non-OPEC countries today … Read more