Oil is the cheapest way to heat your home this winter
- 41% cheaper than LPG
- 53% cheaper than electric
- 7% cheaper than mains gas
These figures are provided by independent heating cost analysts, the Sutherland Tables. In October they published data comparing the average annual heating costs for a typical three-bedroom home in Great Britain with a range of different types of heating systems. This shows that households with oil heating are paying just £894 a year for their heating and hot water.
That’s 7% cheaper than mains gas (£967), 41% less expensive than LPG (£1,529) and a substantial 53% lower than electric storage heaters (£1,910). Looking at renewable technology, the cost to heat the same home using an Air Source Heat Pump is calculated at £1,681, making oil a whopping 46% cheaper.
Oil has remained the cheapest form of heating for over three years and with oil prices not expected to increase significantly for the foreseeable future, it can only be good news for anyone using oil to keep warm this winter!
Stay safe and secure with OFTEC
Use an OFTEC registered heating technician:
Employing an OFTEC registered technician for the regular servicing and maintenance of oil and solid fuel heating equipment is the best way to keep your system running safely and efficiently.
Over 9,000 technicians are registered with OFTEC’s competent person scheme to provide you with complete peace of mind.
To become OFTEC registered, all technicians must undertake an approved training course and assessment. They are inspected regularly by OFTEC to ensure their work meets the required standard.