Price of heating oil

Wow! have you seen the price of heating oil today?

About 10 days ago we bought 500 litres and it cost £319.

A person in our village got a quote today for same amount (500 litres) and it was over £900!!! Looks like these oil companies are cashing in and making a killing on oil they have in storage.

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Cripes!

How much?
That is shocking. I would faint on the floor if l had to pay that much!

Roll on Summer and the hot weather…

Hi

We here in the UK do not have storage, it was a Government Decision.

We are Market Forces, different to other Countries, we pay spot prices.

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Wood stoves are looking mighty fine these days.

Only if you don’t care about the toxic particles they give off!

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@BigBen I know you rely on oil for your heating Fred, so how are you finding the refill price?

I use heating oil I am very concerned about my next bill too.

With a good, efficient wood stove, there should be very little.

I have both we have oil fired CH and a wood burner .
Yes I dare say it’s toxic but I hate being cold .

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Sod the toxicity! Keeping warn is the first instinct and the rest can line up for what’s second :wink::grin:

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@Flowerpower , compared to all the forest fires worldwide our woodburners
are a drop in the ocean !!
Donkeyman ! :thinking::thinking:

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Here the best heating / cooling systems are called heat pumps. They heat and cool the house without the use of fuel. It cools the house and dehumidifies.

We have a very efficient wood stove with 25 acres of forest to use and then behind us is crown land which can be accessed and used.

We have electric heat in each room if needed. They each have their own thermostats. If they electricity goes out our generator runs the heat pump, fridges, water pump , hot water tank etc.

We have an air exchanger which cleans the air and works as a humidifier. Here the heat pump takes centre stage though.

Here’s some info about them.

https://www.nrcan.gc.ca/energy-efficiency/energy-star-canada/about/energy-star-announcements/publications/heating-and-cooling-heat-pump/6817

We also have a very efficient wood stove with 25 acres of forest to use and then behind us is crown land which can be accessed and used.

We also have electric heat in each room if needed. They each have their own thermostats. If the electricity goes , our generator runs the heat pump, fridges, water pump , hot water tank etc.

We also have an air exchanger which cleans the air and works as a humidifier.

Here’s some info about them.

https://www.nrcan.gc.ca/energy-efficiency/energy-star-canada/about/energy-star-announcements/publications/heating-and-cooling-heat-pump/6817

Recent reports have shown that even the most modern and well designed woodburners give off 750 times more pollution than an HGV.

Just opened an email from my energy supplier, advising of their prices from next month. Frighteningly high. But the standing charges too?

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I’m not the least bit worried about it. I love our wood stove.

Nor should you be …… but a lot of people are especially those with respiratory problems. :slightly_smiling_face:

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I did a bit of research that indicated that having a good air exchanger that filters and exchanges air helps combat this. We have one and to be perfectly honest, house air was our number one problem in our other house. Our house was built so close to the water table that in springtime, our pump would be spitting out water that accumulated around our home. This would go on for 2 or 3 weeks every spring. We often had a pond on our front lawn that would dry out by summer.

We had a wood stove but not a very efficient one. It certainly was ok and kept the house warm but our air quality was so poor. Here, air quality is top quality as well as our water. We had a dug well before and our water was horrible. Here we have a drilled well that’s over 300 feet deep. The water is wonderful. The difference is like night and day.

Personally feeling that difference in air quality makes me perfectly ok with our wood stove. I’ve read where others say when their heat pump kicks in, it draws smoke from the fire. We don’t have that problem here. Plus our house is well insulated. It’s made from concrete with 1 foot thick walls filled with that foam insulation. If music is playing loud inside, you can’t hear it from outside until you open the door. That’s how well insulated it is. Plus concrete doesn’t rot.

Fresh air , a completely dry house with good quality water was a top priority for us. It took moving here for me to realize the many benefits of living on a hill. There’s never any stagnant water. It all flows downhill. Luckily we have 4 wheel drive with good winter tires to get up and down our driveway.

Sorry if this is an overkill explanation. I’m queen of needless detail. :crazy_face::joy::wink:

It is all wrong I think, how can they justify these prices?

They cant and simply quote Supply & Demand. There are huge profits being made which is why I believe a hefty windfall tax needs to be applied to help reduce everyone’s home utility bills.