For a richer life

Heating oil: Get the cheapest price

Heating oil: Get the cheapest price doortoriver/Flickr

Over 1.5 million homes in the UK rely on  cheap heating oil for warmth during the cold months. Although we should be embracing spring right now, it’s still bitterly cold out there which means demand for oil is still high. 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 and get c heap heating oil.

Prices vary according to location so if you don’t know who your local suppliers are, you can find them using the OFTEC website or Which Oil Supplier.

Prices for gas oil correct as of 03.06.2013:

England: Postcode in Cornwall for an order of 1,000 litres

Company Price per litre in pence (ex. Vat) Total in £ (inc.vat) Delivery period
Heatingoil.co.uk 72.99p Within 10 working days
BoilerJuice 66.99 £702.98 Within 10 working days
Home Fuels Direct 63.68 £668.64 Within 10 working days

Northern Ireland: Postcode in County Down for an order of 1,000 litres

Company Pence per litre (ex.vat) Total in pounds (inc.vat) Delivery period
BoilerJuice 69.99 £734.90 Within five working days
Carlisle Fuels n/a n/a Offer next-day delivery

Scotland: Postcode near Inverness for an order of 1,000 litres

Company Pence per litre (ex.vat) Total in pounds (inc.vat) Delivery period
BoilerJuice 70.30 £769.65 Within 10 working days
Home Fuels Direct 71.98 £755.71 Within five working days

Wales: Postcode in Cardigan for an order of 1,000 litres

Company Pence per litre (ex.vat) Total in pounds (inc.vat) Delivery period
BoilerJuice n/a n/a Within 10 working days
Heatingoil.co.uk 70.9p £744.45 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.

Get new money-making secrets every week for free. Signup here now!

  • ONLY USED FOR OUR WEEKLY EMAIL

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.

Jasmine says...

Quote 1

Save up to £538 on your gas and electricity bills with Moneymagpie’s easy-to-use tool!

Quote 2

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.

Their latest research shows that the ‘premium’ oil – or premium kerosene as it’s otherwise known – will help optimise the efficiency of heating systems and save consumers money in the process. You can save money by using a higher quality oil as it increases the efficiency of your tank or boiler.

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 less 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 possible deal.

Make even more savings

Time your order

According to BoilerJuice the price of oil is currently at about 63p per litre – which is more expensive than six months ago – when it was around the 60p per litre mark.

This rise in prices is no doubt down to the recent severe winters, and prices will continues to rise as the cold weather remains 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 until 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’re 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’ll 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. Don’t forget to check your tank, as well as your boiler – storage tanks should also be serviced once a year to check for signs of age and need for repair. These top tips should help you find cheap heating oil.

  • Andrew Higgins

    As well as offering a great price on heating oil at valueoils.com there are tips on the blog about how you can make savings on your heating bills!

  • olli997@hotmail.co.uk

    Always use Universal Fuels nowdays, 9/10 times they are the cheapest but more importantly I don’t have to worry!

  • Terry Fairbrother

    Coming from a gas area to no gas, it took many years to figure out how to get the best prices – buy bulk in the summer. I have a 1200l tank, plus an additional 1200l tank next to it. Cost £50 off ebay plus the same to get it hooked up to the first tank with an isolating tap.

    2nd way to cost save is to work out which its a cheapest supplier locally. Then working from the dearest get quotes ( they get used to being asked all the time). When you get to your normal supplier you may have a better price which you offer them to match. A long standing relationship will get you the best price.

    Bare in mind that prices tend to be as little as 0.1p difference so running up phone bills and your time to save £3 on a tank may not be cost effective.

  • Amy W

    For all you heating oil users, there is a free prize draw for a Apollo Smart meter and a Tank Lok, here is the link heatingoil.co.uk

  • Lee

    Not sure where my comment went but I’ll post again. I have got quotes from the sites mentioned above and found they are not the cheapest. One I tried not mentioned was Rix Petroleum and found for my postcode they were nearly 2p a litre cheaper for both standard and express delivery!

  • Lee

    Not sure where the research has been carried out but there are far more cheaper suppliers on the market than the four mentioned. For instance just done a comparison between Heating Oil.co.uk and Rix Petroleum rix.co.uk and found they are nearly 2p a litre cheaper.

  • Fyrgen

    Bad experience with Homefuels Direct. Placed 1000l oil order and they promised it within 1-5 working days. Snow came and went…still no oil, freezing house. Every day they promised it the next day. Ended up cancelling and going with local independent who put oil in my tank the same day.

  • Gerald Prosser

    Thanks for this,
    great advice. We always order our heating oil from rix.co.ukheating-oil/ and they now have an instant quote tool
    which meant online ordering was really easy! They’ve got depots across the
    country I think, so can deliver pretty much anywhere.

  • liz

    Best price today 22nd October in Staffordshire was 59.5 from Watsons Petroleum

  • liz

    where has oilpricecheck.co.uk gone. the address no longer works,

  • Major Gowan

    Good article but picture of an oil filled radiator…which runs on electricity.. is perhaps a bit misleading !

  • Brian Foster

    Check out Find a Fuel Supplier. They have a whole bunch of suppliers showing live
    heating oil prices. I typically spend 4 or so hours ringing suppliers for the best
    prices, within minutes i had found a good price and called the supplier
    straight away quoting the price I had seen.

  • Brian Foster

    I used a fuel price comparison website called Find a Fuel Supplier to find my best price on heating oil These guys display ‘live daily prices’ for all the fuel suppliers mentioned in this article which i have never come across before. I usually end up ringing around 4 or so suppliers for the best prices, these guys host all the best prices for you to see.

  • Dave888

    As per Jane’s comment, it would be great if the article could be updated as a lot appears to have changed in a year. Just did a quick comparison and ended up buying 900litres to fill up from heatingoil.co.uk for my house in Carmarthen.

  • Jane

    Tips sound good – we’ve used BoilerJuice to track prices then ask local suppliers to match! Disappointed that facts & figures are over a year old! Wonder what else is out-of-date?

  • http://www.facebook.com/karen.furley.35 Karen Furley

    They have called to arrange delivery for tomorrow. Squeaky gates, oil and all that.

    • Jasmine

      Love the avatar Karen – cute dog!

  • http://www.facebook.com/karen.furley.35 Karen Furley

    I ordered 800 litres of oil using Which Oil Supplier from Homefuels Direct in the am 9 days ago. They took the payment and I’ve heard nothing from them since! Chasing up.

  • http://www.fuelfighter.co.uk James

    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.

  • http://www.CheapestOil.co.uk Cheapest Oil

    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.

  • Araceli Damboise

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

  • Jo

    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 !

    • http://www.cep.org.uk Alec Rice

      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.

  • Jaide

    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.

  • James M.

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

  • Danny Stijelja

    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.

    • David Brown

      Hi Danny,
      After 30 years in the oil industry spent mostly in the UK and the last 9 in the US, I wish there was a simple answer to your question. I can only guess that as there are some 250 suppliers in the UK (EX NI)they are all very competitive and just won’t publish their prices. Its different in the US they like to sell, and they know customers need to buy, and the the attitude is some you win some you lose.

      Since you wrote your comment, heatingoilshop.com has been born (fully live end of June 2012) and goes some way to getting all the quotes you want from suppliers by email.

      There is resistance but sooner or later they will have to give in because “the fear of loss”, a great marketing tool. Have a look at the site and spread the word.

      David Brown MD
      Heating Oil Shop Ltd

  • Richard

    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!!

  • David Edwards

    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

  • http://www.comparefueloil.co.uk fran

    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.

  • Robin Pearson

    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!

  • Jamie Davidson

    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?

  • Jean Bell
  • Jean Bell

    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.

  • ollie

    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.

  • oliver

    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.