Why You Should Always Compare Heating Oil Prices
The Hidden Cost of Not Comparing
If you've been ordering heating oil from the same supplier for years without checking alternatives, you could be significantly overpaying. Here's why price comparison matters more than you might think.
Price Variations Are Substantial
Unlike fixed-price utilities, heating oil prices can vary by 10-20 pence per litre between suppliers—even for the same delivery postcode. For a typical 1,000 litre order, that's a potential difference of £100-£200.
Over a year, a family using 2,000-3,000 litres could save £300-£600 simply by comparing prices.
Why Prices Differ So Much
Different Buying Strategies Suppliers purchase heating oil at different times and prices. Some hedge against price increases, others buy on the spot market.
Overhead Costs Vary A local independent with low overheads might offer better prices than a large national company with expensive marketing budgets.
Delivery Routes If a supplier already has deliveries scheduled in your area, they might offer a better price than one making a special trip.
Competition Levels Areas with more suppliers tend to have keener prices. Rural areas with limited options may see higher prices.
The Loyalty Trap
Many customers stick with the same supplier out of habit or a vague sense of "loyalty discount." Unfortunately, loyalty rarely pays in the heating oil market:
- Suppliers don't typically reward long-term customers with better rates
- Your "regular" supplier knows you're unlikely to shop around
- New customer offers often beat existing customer prices
The lesson: Compare every time you order.
Time Is Money—Use a Comparison Service
Calling multiple suppliers individually is time-consuming. You'd need to:
- Research which suppliers deliver to your area
- Call each one and request a quote
- Wait for callbacks
- Keep track of all the prices
- Hope the prices haven't changed by the time you decide
A comparison service like OilCompare solves this instantly. Enter your postcode and quantity, and see real-time prices from multiple suppliers in seconds.
Beyond Price: What Else to Consider
While price is crucial, also consider:
Delivery Timeframe Can the supplier deliver when you need it? Cheaper prices don't help if you run out of oil waiting.
Payment Options Do they accept card payments? Offer any finance options?
Minimum Order Quantities Most suppliers require 500 litres minimum. Some may charge extra for smaller orders.
Reviews and Reputation Check that the supplier has positive reviews and a history of reliable deliveries.
The Bottom Line
There's simply no good reason to order heating oil without comparing prices first. The few minutes it takes could save you hundreds of pounds per year.
Use OilCompare to check today's prices from trusted suppliers in your area. It's free, instant, and could significantly reduce your heating costs.
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