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Heating oil: Get the cheapest price

doortoriver/Flickr

Over 1.5 million homes in the UK rely on heating oil to keep their houses warm during the winter months. The problem is that the whole process of buying heating oil can be confusing. Working out who to go to and the best price isn’t always easy.

So, if the plethora of suppliers has got your head spinning, read on and let us help you make the right decision.

After the ravaging of last winter it’s important for people who rely on oil heating to prepare properly for the coming cold months. Preparing early will mean that you’ll avoid the rush and the price of oil will generally be lower.

Oil Price Check

Your first port of call should be Oil Price Check. We like this site because they give you a daily price guide so you can see the average price for heating oil on the current day (and the previous day for comparison).

They have a comprehensive list of suppliers for Northern Ireland and Scotland, and try Which Oil Supplier for services in England and Wales. If you don’t know who your local suppliers are, you can find them using the OFTEC website.

Oil Price Check also stocks a selection of useful products that can help improve the efficiency of your heating oil boiler.

Today’s prices (19th Sept 2011) showed heating oil to be at £61.31 per litre and £613.14 for 500 litres. We took four somewhat remote locations in England, N.Ireland, Scotland and Wales to give you an idea of how different the prices can be depending on your location. All prices were correct on the 19th September 2011 – check prices regularly as they change daily.

England: Postcode in Cornwall for an order of 1000 litres

Company Price per litre in pence (ex. Vat) Total in £ (inc.vat) Delivery period
BoilerJuice 59.59 625.70 Within 10 working days
Heatingoil.co.uk 60.59 636.20 Within 10 working days
Home Fuels Direct 56.99 598.40  Unknown



Northern Ireland: Postcode in County Down for an order of 1000 litres

Company Pence per litre (ex.vat) Total in pounds (inc.vat) Delivery period
BoilerJuice 55.8 585.90 10 working days
Carlisle Fuels 57.78 577.84  Unknown

Scotland: Postcode near Inverness for an order of 1000 litres

Company Pence per litre (ex.vat) Total in pounds (inc.vat) Delivery period
BoilerJuice 45.91 482.06 Within 5 working days
Home Fuels Direct 61.99 650.90  Unknown

Wales: Postcode in Cardigan for an order of 1000 litres

Company Pence per litre (ex.vat) Total in pounds (inc.vat) Delivery period
BoilerJuice 56.87 597.14 Within 10 working days
Heatingoil.co.uk 58.31 612.26 Within 10 working days

As you can see from these results, there is a huge price difference purely depending on where you are, never mind who you’re ordering from. We’ve gone through the price ranges with you, but now it’s time to learn more about the companies you could be buying from.

BoilerJuice

One of the best sites to visit if you are in a remote area is BoilerJuice, as they have a comprehensive directory of heating oil suppliers.

How it works

To get a free quote, all you need to do is provide your postcode, desired delivery date and the amount of oil you need. BoilerJuice will then search their databases and come up with the cheapest quote for your amount, area and preferred delivery time.

Once you’ve got a free quote there’s no obligation to buy, so it’s a good way to get an idea of prices in your area.

BoilerJuice also runs ‘buying weekends’ which anyone can take part in. They organise your delivery in accordance with those in your surrounding area which can save you some serious money.

The only problem is that once you’ve placed your order with BoilerJuice, you are somewhat on your own. If you want to change or cancel your order, or if any problems arise, you have to deal with the supplier directly. Also, if you have specific requirements regarding your delivery, BoilerJuice cannot guarantee to accommodate them.

Fuel Oil Direct

Fuel Oil Direct is great if you have certain specific requirements, like a tank that’s hard to get to, or if you need a company to deliver when you aren’t at home.

How it works

To get a quote, you need to provide your postcode and then choose the suppliers that you would like quotes from. You then have to enter your personal details and you’ll receive quotes by email from each individual supplier. Obviously this means you don’t get instant results, and you do have to make the comparison yourself.

Once you have your quotes, you can pick the cheapest one and pay the supplier directly. If you have any special requirements, give the supplier with the best price a call and see if they can accommodate you. If not, move onto the next supplier.

Heatingoil.co.uk

Heatingoil.co.uk is great for helping save you money, as well as having a dedicated aftersales team to deal with any issues you may have.

How it works

Unlike the other sites, you can buy your oil directly from Heatingoil.co.uk. Their site claims to offer lower prices because they only do quotes online. This means they have a smaller staff and fewer overheads. So they pass the savings on to the customer.

They’ll give you an instant quote if you enter your postcode. Then you can choose whether or not you want to carry on and buy your oil from them.

They also allow you to order your oil up to a month before delivery. They agree prices for up to 28 days in advance with their suppliers and you are guaranteed the price per litre you paid on the day, even if the oil price rises. Watch out though because conversely, if the price drops, you’ll be paying more and if you want to cancel and re-order they’ll charge you a £10 admin fee.

Unlike BoilerJuice, these guys take charge of all aftersales, so you will be dealing with them if any problems arise or if you need to cancel orders.

The best way to get the cheapest price on this site is to select a large delivery window. This flexibility means they can work your order around other orders in your area. And like BoilerJuice, these guys run group buying days.

Which Oil?

To find companies that supply your area just go to WhichOilSupplier, type in your postcode and they’ll find the best prices for you. Not all of the websites are listed on here, so be sure to check out the sites we’ve mentioned to get the best deal possible.

Make even more savings

Time your order

According to BoilerJuice the price of oil is currently at about 57p per litre – which is more expensive than this time last year – when it was around the 40p per litre mark.

This rise in prices is no doubt down to the severe winter last year, and prices will continues to rise as the cold weather approaches, and demand goes up. Comparing prices regularly will show you the various fluctuations and help you buy at the lowest price. Don’t leave it till the last minute or you’ll be forking out a fortune.

Ditch the direct debit

Try to avoid setting up a direct debt with a particular supplier. Being tied up to one specific company means you won’t always be getting the best price, because you won’t be able to choose exactly when to buy more oil. Also make sure you avoid automatic top-up schemes.

Negotiate

Never accept the first quote you are offered by an oil supplier. Although it requires more effort, it’s best to follow the Moneymagpie mantra – shop around and compare prices. You can then use these quotes to negotiate with your preferred supplier, if you have one. Or just go for the lowest quote you’ve received.

Order in specific amounts

Remember that tanker deliveries are designed to return to the depot empty. If there isn’t enough room to put all the oil you’ve ordered in your tank, it will cost more for the tanker to return to the depot – and you’re the one who will foot the bill.

So – to avoid paying for oil you don’t get the benefit of, make sure you have enough space for the full delivery, or only order the specific amount you’ve got room for.

Order in bulk

Getting together with your friends and neighbours from the local area will get you a better price from your oil supplier. The supplier will only have to send out one tanker that way, and they will be able to pass the savings onto you.

In addition, the more oil you buy at one time, the more power you’ll have to negotiate on price. The suppliers will be especially keen to get your business if it’s a large order, and they’ll be more inclined to offer you a cheaper price per litre.

 Useful Links

 

17 Responses to “Heating oil: Get the cheapest price”

  1. James says:

    Used Boilerjuice for all my deliveries for nearly two years but my previous two drops I have used FuelFighter they have proven to be cheaper than all the other online suppliers that I have tried but having recommended them to a relative in Bedfordshire I think there coverage is limited to Lincolnshire and further North but by far and away the the cheapest I have found.

  2. Cheapest Oil says:

    Cheapest Oil Ltd (Reg. No. NI071311) used to be listed here. CheapestOil.co.uk has been operating for over 4 years (pre dating most of the sites mentioned here) and serve commission free prices to thousands of people every day.

    We’re listed on some government pamphlets as a great way to save money on heating oil.

  3. Araceli Damboise says:

    Good tips! Great to hear that the post was helpful.

  4. Jo says:

    Why do you have to buy 500L as a minimum? I can’t afford that but need to get some oil in to use only when I want to make sure the pipes don’t freeze – a requirement of the landlord. I don’t intend using the oil to heat the house for the winter.
    I only need 250L !

    • Alec Rice says:

      Re minimum order of 500litres.
      This is standard with most suppliers. Its to do with Weights & Measures Act. They have to have a certain number of litres to be able to measure a 1% disperancy (evaporation, spill etc).
      Some oil suppliers have a special licence to distribute smaller amounts usually 250litres but you’ll pay a premium. Some suppliers have a facility at yards for you to fill up yourself though again costly.
      For best prices join an oil buying club if one exists in your area.

  5. Jaide says:

    WhichOilSupplier is a great comparison website and easy to use. Unlike some of the other sites they don’t charge suppliers so the price you see is the same as the one you would get if you called the suppliers direct. Simple to use too – all you do is enter your postcode and litres required.

  6. James M. says:

    Dont bother going anywhere else. Fuel tool is BY FAR the cheapest and easiest to use. Check it out.

  7. Danny Stijelja says:

    Why don’t heating oil suppliers advertise the current price on their website. I have visited lots of websites and they never show the current price, you have to phone up. This doesn’t help the consumer. It is a simple thing to do and update on a daily basis and consumers could look around without having to make contact which is a help at weekends and out of hours times.

  8. Richard says:

    Recently ordered 2400 litres for two neighbours and myself on the same day from Boilerjuice. All three of us live within 30 yards of each other – guess what …. each of our deliveries came in a separate tanker. Ludicrous or what!!

  9. David Edwards says:

    No mention in this article of http://www.WhichOilSupplier.co.uk – I used this site last month and had a choice of 3 suppliers. They do not take payment – just a comparison site with prices alongside different oil supppliers.

    Looks like it’s independent, unlike BoilerJuice and HeatingOil which are both owned by oil companies.

    cheers

    David E

  10. fran says:

    hey,
    groups are a good way, I run http://www.comparefueloil.co.uk where you can compare the suppliers in your area instantly. Also I’m trying to get consortuims listed on there so you can find your local one and when their ordering.

    Got to compare all the time.

  11. Robin Pearson says:

    Beware -had 1000 litres from Southern Fuels, Devon without first agreeing price and was charged 59p litre. Got brother in law to ring for a quote from them immediately afterwards and was he was quoted 46p!

  12. Jamie Davidson says:

    Hi, took your advice and used universal fuels, they were the cheapest of them all. But the YOBCO was very close. Boiler juice always seem to be expensive. Maybe its different in different areas?

  13. Jean Bell says:

    I use the above, they not only cap prices, but also if the price drops you will pay the lower price. If it goes up you pay your capped price. From only £12 to join the club the savings are fantastic.

  14. ollie says:

    http://www.universalfuels.co.uk runs an england wide consortum and compares all the suppliers for you, there the best one i’ve found so far.

  15. oliver says:

    http://www.universalfuels.co.uk are the best one i’ve used, they’re new but got me a great price as they’re independent from any supplier where others say they are but they’re not.

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