If you currently buy your heating oil from a single supplier and don’t check prices with their competitors, you won’t know if you’re paying too much. We remove the anxiety of shopping around between suppliers by offering a hassle free service and single point of contact.
If you have a small oil tank, or can only afford to place small regular orders, you’ll usually pay a higher price per litre than customers placing orders for more than 900 litres at a time. By grouping orders together we secure a bulk order price for all members, regardless of the size of their individual orders.
Many factors affect the price of oil, from the state of the world economy and the strength of the U.S. dollar to local factors such as how far the deliveries have to travel, the weather, access issues and when the oil suppliers last bought their stock. Despite fluctuations in price due to these factors, we endeavour to negotiate a competitive price for all our members.
To demonstrate typical savings, the table below shows the savings our oil buying club members achieved on 27th March 2013.
Number of members ordering: 165
Total litres ordered: 116050
Average savings per litre: 4.80p
Total savings achieved by our members: £5071.39
|exc. VAT||inc. VAT|
|Average cost per litre of 500 litres directly from a local supplier||63.56p||66.74p|
|Cost per litre of 500 litres from Community Energy Club||58.99p||61.94p|
|Average total cost for 500 litres from a local supplier||£317.79||£333.70|
|Total cost for 500 litres from Community Energy Club||£294.95||£309.70|
|Savings per litre achieved by Community Energy Club||4.57p||4.80p|
|Total savings on 500 litres achieved by Community Energy Club||£22.84||£24.00|
How much could you save over the year?
Using the figures from the table above, an average three bedroom house in South West of England with a standard oil fired boiler uses 2445* litres per year and could save £117.36 a year by ordering their heating oil in deliveries of 500 litres through the community oil buying club.
Based on the figures from the table above, an average three bedroom house in South West of England with a condensing oil fired boiler uses 1998* litres per year and could save £95.90 a year by ordering their heating oil in deliveries of 500 litres through the community oil buying club.
*Consumption data from Sutherlands tables, April 2013
Please note that the savings figures above are intended as a guide only and will not reflect future prices. They indicate the average savings made by an oil buying club member across one year, based on the savings they made on their order on 27th March 2013.