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Cheap Heating oil: Get the best price

MoneyMagpie team 1st Mar 2020 40 Comments

Reading Time: 5 minutes

Keeping your house warm doesn’t have to cost a fortune – stick to cheap heating oil.

Heating oil offers an alternative to gas central heating. Approximately 1.5 million households across the UK use kerosene. Some people choose to install oil-fired central heating. Others simply aren’t on the national gas grid and therefore their options are limited.

Home fuels are more popular in rural areas, with 37% of rural homes using kerosene or gas oil. However, heating oil can and is used in more built-up areas too. In towns with a population of 10,000 or more, 5.5% of the homes use heating oil

 

Get your hands on cheap heating oil

 

 Current prices

Live Heating Oil Price Comparison graph

As you can see from the graph provided by HomeFuelsDirect.co.uk, the price of heating oil can vary dramatically between suppliers. You could spend a lot of time calling around your local supplies and depots to get the best deal. But there’re numerous companies that’ll do it for you. Using their bulk purchasing power, they can often get much better deals and faster deliveries too.

 

HOMEFUELSDIRECT.CO.UK

HomeFuels Direct offer some of the best prices on the market. They’re also extremely transparent with the pricing. Their instant quote form doesn’t even require your email address – so no annoying emails.

Once you’ve ordered your cheap heating oil, their advanced order tracking system shows you the progress of your order. You’ll receive text alerts with the delivery driver’s name and registration. Worried about running out of oil? You can opt in to text reminders. HomeFuels Direct calculates when they expect your oil tank will require a top up.

Established in 2008, HomeFuels aims to make ordering your heating oil easier. Their team contacts suppliers nationwide daily to offer the best heating oil prices around the UK.

A message from the Managing Director, Chris Bicknell:

“I established HomeFuels Direct in January 2008 with the intention of providing a service tailored around the consumer. My aim was to create a convenient way to order heating oil and our other products and services 24/7 whilst remaining extremely transparent with pricing.”

“The UK heating oil market prior to 2008 was old fashioned. It didn’t like to bare-all so we decided to turn that upside down. We stripped everything right back and provided the same products and services as other providers – but at affordable prices. So if you live in England, Wales, Scotland or Northern Ireland you can benefit from the products and services we provide.”

 

BoilerJuice

One of the best sites to visit if you’re in a remote area is BoilerJuice. It offers a comprehensive directory of heating oil suppliers.

How it works

To get a free quote, simply 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. 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. This can save you some serious money.

In the past, we’ve been told that once you’ve placed your order with BoilerJuice, you were somewhat on your own. But their spokesperson has told us that they “have a customer service team who assist our customers right through to delivery. We offer personalised assistance over the phone and rectify any problems on behalf of the customer”.

 

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

 

Heatingoil.co.uk

Heatingoil.co.uk is great to save you money. They also have a dedicated after-sales 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  by using a higher-quality oil as it increases the efficiency of your tank or boiler.

How it works

Unlike the others, 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 choose whether or not you want to carry on and buy from them.

They also allow you to order your cheap heating oil up to a month before delivery. They agree prices for up to 28 days in advance with their suppliers. You’re 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’ll 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.

 

Make even more savings

Time your order

Man checking his watch at the kitchen table

It’s hard to predict when prices will rise and fall. Right now, they’re low so it makes sense to start looking to buy.

 

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. Also make sure you avoid automatic top-up schemes.

Negotiate

Never accept the first quote you’re offered. 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’ll cost more for the tanker to return to the depot. You’re the one who’ll 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

You’ll get a better price if you get together with your friends and neighbours. 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. They’ll also 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.

We hope these top tips will help you find cheap heating oil.

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Terry Fairbrother
Terry Fairbrother
11 years ago

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… Read more »

Amy W
Amy W
11 years ago

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
Lee
11 years ago

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
Lee
11 years ago

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
Fyrgen
11 years ago

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
Gerald Prosser
11 years ago

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
liz
11 years ago

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

liz
liz
11 years ago

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

Major Gowan
Major Gowan
11 years ago

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

Brian Foster
Brian Foster
11 years ago

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.

Jasmine Birtles

Your money-making expert. Financial journalist, TV and radio personality.

Jasmine Birtles

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