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 appliances, gas and electric heaters, and fixed and portable LPG heaters.
This is great news, especially for our customers as according to the this data from the Sutherland Tables, oil remains by far the cheapest of all major home heating fuels, with average annual costs in Great Britain falling 10% in the last quarter to just £840.
In comparison, the average annual heating cost for the same three bedroom home with electric storage heaters rose by 9% to £1910 – 127% more expensive than the heating oil prices – with further electricity price rises on the horizon this September for many households.
Oil is also currently 13% cheaper than mains gas (£967 per annum), 44% less expensive than LPG (£1524 per annum), 34% cheaper than biomass (£1283 per annum) and 50% less expensive than air source heat pumps using radiators (£1681).
With the Winter months coming up and Christmas creeping ever closer, we’d recommend filling up your tank now and not taking the gamble! If you need any help ordering your oil we’re available on 028 9083 4055 or you can send us an email on email@example.com
Give us a call or check out our Quick Quote service now and save yourself some money on your home heating oil!