OFTEC Urges Heating Oil Users To Get Ready For Winter
9th July 2011
With many traders and analysts predicting the cost of heating our homes is set to rise dramatically over the coming months, the Oil Firing Technical Association (OFTEC) is advising oil heating consumers to take action now, in an attempt to reduce winter heating bills.
Several of the largest energy suppliers have already announced massive price hikes and more are expected to follow suit, before the colder weather arrives in autumn.
Jeremy Hawksley, Director General of OFTEC says, "Rising fuel bills mean more households are facing the threat of fuel poverty and although we are basking in the heat of summer now, OFTEC is urging consumers to do everything possible now to make sure they minimise their winter fuel bills."
Around 1.5 million homes in the United Kingdom and Republic of Ireland use oil to heat their homes, with the majority of those in rural areas that do not have access to the mains gas. Despite rising prices, heating oil remains an economical and popular choice for rural homes. The latest independent figures show the annual running cost for a condensing heating oil boiler in an average three bedroom home in mainland Great Britain is around £1,409. This compares favourably with the £1,798 annual running cost for a comparable condensing LPG boiler.
OFTEC is also urging consumers to replace very old and inefficient boilers with newer condensing models which can save at least 18% on fuel bills. They are also highlighting the advantages of regular servicing by an OFTEC Registered Technician to help keep running costs low. Unlike many other fuels, most heating oil customers can shop around for the best price each time they have a fuel delivery, and OFTEC encourages householders to fill their tanks now in the summer when the price of oil is traditionally cheaper.
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Article Last Updated 9th July 2011