Heating oil customers urged to buy early

 

Heating oil users are being urged to save money by stocking up early before winter in a new campaign backed by CCB.

The Buy Oil Early Campaign has been launched by ACRE (Action with Communities in Rural England), Citizens Advice and FPS (Federation of Petroleum Suppliers), with the support of Energy Minister Michael Fallon.

CCB, a member of the national ACRE Network of rural community councils, says stocking up early has a range of benefits. Prices and demand tend to be lower in September and delivery is not disrupted by increased demand and icy weather.

Chief Operating Officer, Tim Parry said: “Research shows 36% of homes in rural areas are off the gas grid, so many households rely on heating oil. In times of high demand, such as the cold snap of 2012/13, prices can increase rapidly, leaving the most vulnerable unable to afford to adequately heat their homes.

“We are urging households to buy their oil now so that they are prepared when the colder weather arrives and the time comes to switch on the heating.

“One of the best ways to save money is to set up or join an oil buying group which can buy in bulk and negotiate the best price. More than 20 members of the ACRE Network have set up oil-buying groups. Last year, they bought more than seven million litres of oil between them, saving £385,000 on behalf of rural customers.””

CCB runs an oil-buying scheme which buys more than £305,000 litres of oil per year on behalf of over 200 members. If you would like to read more about how our oil club works please click here.

Gemma Pearce, CCB Oil Club Co-ordinator explained: “The CCB Oil Club takes on the organisation of bulk buying fuel oil and the negotiation of the best price, reducing the cost for members and the time spent on sourcing oil themselves.  The club uses the collective purchasing power of its members to get even better deals from oil distribution companies –on average we are able to save our members around 4 pence a litre against the average cost of oil.”

”As a trusted and well established rural community council, CCB is well positioned to offer real, tangible benefits through the Oil Club, to residents who are ‘off the mains grid’ in Berkshire. Our next order deadline is the 3rd October and we are encouraging as many members as possible to place their orders now so they do not get caught out by inflated winter oil prices” 

Energy Minister Michael Fallon said: “I welcome the launch of this campaign. The message is simple: stock up on heating oil before the winter leaves you out in the cold.

“Previous severe winters show it’s better to order early when suppliers have spare delivery capacity.

“Delaying risks longer delivery times especially if cold weather increases demand and disrupts deliveries, particularly in remote and rural parts of the country. 

“Consumers may also want to consider establishing or joining a community buying group".

“The new Code of Practice and Customer Charter by FPS (Federation of Petroleum Suppliers) is a welcome commitment from the industry to engage with consumers on a fair and consistent basis and implement best practice to raise standards. 

 “I would also encourage households to save money on heating by using the Government’s Green Deal, which offers a way to pay for energy efficiency measures such as condensing oil boilers and insulation through savings on their energy bills. Customers on a low income or in a hard-to-insulate property may be able get additional support through the Energy Company Obligation.”