Tuesday 1st June 2010 at 23:50 Oil Still the Cheaper Choice in Rural Areas, says OFTEC
 Oil heating is still a cheaper choice for off gas main households,
according to the latest independent figures. The Sutherland Tables Data show that the cost of heating an average
three bedroom home with an oil condensing boiler works out at £996 per
annum. That's a whopping 31% cheaper than an LPG condensing boiler,
which by comparison costs a massive £1,454 per annum to run.Once again, the figures demonstrate the advantages of using a
condensing appliance, which can knock up to 18% off the average
household heating bill.
The figures also show that the price of oil has remained relatively
stable over the last five years. Commenting on the figures, OFTEC
Director General, Jeremy Hawksley said, "This is good news for those
households in rural areas that do not have access to mains gas. Oil is a
safe and economical choice, and the introduction of liquid biofuel
later this year means those households can easily convert to a low
carbon fuel if they wish to."
The figures for LPG include the cost of tank rental, whereas oil
users generally own their storage tank.
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