Rural homes urged to take advantage of oil prices before winter

Malcolm Farrow of OFTEC.
Malcolm Farrow of OFTEC.
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If you’re one of the 25,000 rural households across Lincolnshire using oil to keep your home warm, then it’s time to make the most of cheaper oil prices before the winter rush.

Malcolm Farrow of OFTEC, the trade body for the oil central heating industry, advises consumers: “The unseasonably warm September weather might mean that a lot of people haven’t started thinking about their central heating yet, but now is the crucial time of year to get your system serviced and to stock up on oil.

“This involves asking an OFTEC registered technician to service your boiler and check the oil tank is in good condition to help prevent any breakdowns when the heating is turned on again. You should also shop around for a good price before the winter rush when prices can be higher.”

“Oil is the only central heating fuel to come down in price in the last three years, providing those living in the county’s idyllic rural setting with much more competitive and cost effective heating bills,” he added.

Independent data that compares the costs of different heating fuels shows that oil was 10 percent cheaper in July 2014 than three years earlier. In contrast, gas, electricity and LPG were 28 percent, 24 percent and 2 percent more expensive respectively within the same time frame.

Malcolm Farrow added: “Oil really is a sound option for rural properties at the moment, with the price narrowing between oil and gas significantly and LPG remaining by far the most expensive off-grid heating fuel, which is currently some 60 percent more expensive than oil”

OFTEC, the UK trade body for the oil fired heating industry, says oil users can take further measures to save money and energy by upgrading to a modern condensing oil boiler or converting to a hybrid system.

Visit www.oftec.org.uk or www.oilsave.org.uk for more information and advice on getting the most from your oil system.

Money and energy saving tips from Oilsave include:

- Consider upgrading to a modern high efficiency oil boiler which can save the average household up to 20% on fuel bills and drastically cut carbon emissions.

- Ensure your boiler is serviced by an OFTEC registered technician once a year, which includes inspecting the oil tank to avoid any unforeseen breakdowns.

- Stock up and buy heating oil when prices are at their lowest

- Check for a community oil buying group in your area which will often be able to secure a very competitive price and save you money.

- Bleed your radiators to make sure you are getting maximum heat for your money.