The Economic Benefits Of Oil Fired Heating And A Few Things To Consider

The Economic Benefits Of Oil Fired Heating And A Few Things To Consider

With more than 4 million UK residences currently not connected to the gas mains, there’s a very good chance that if you live in a rural area or somewhere outside a major city or town that you will be reliant on oil fired gas heating, or will have the choice of sticking with it when gas heating becomes an option. Here are a few of the many benefits associated with oil fired heating.

home heating oil prices

The Price

Just a couple of years ago oil was a much more expensive option than gas. Now that oil prices are at a record low, oil fired central heating has proven to be a much more cost-effective option for many UK households.

But that’s not all. Not only are oil prices predicted to remain low for the foreseeable future due to oversupply and a number of other factors, but there are other factors that make oil fired heating an even more cost-effective option. These factors include:

  • Oil is an extremely efficient fuel, which means that you get an excellent unit to energy ratio. This is one of the many reasons why so many governments and businesses are so unwilling to stop using oil as an energy source.
  • Modern condensing boilers, which many UK households have upgraded to in recent years, are extremely efficient, empowering hundreds of thousands of households right across the country to get even more energy per unit.

With reasons like these, it’s hardly a surprise that so many UK households are in no rush to get connected to the grid, after all, with home heating oil prices so cost-effective at the moment and expected to remain that way, would you be in any rush to start using gas to keep your home cosy this winter? Chances are you wouldn’t.

Things to Consider

While there are some outstanding economic benefits to oil as a home heating fuel, there are also a few things that you need to consider in order to get the most from this highly efficient energy source. These important considerations include:  

  • Investing in a modern condensing boiler really is something to consider if you’re looking for ways to get the most out of oil as a fuel source. It can prove to be quite a financial outlay, but you can see why so many people look at it as an investment with long-term benefits.
  • Servicing your boiler annually is a smart move as this will also help you to get more energy per unit. Having your boiler serviced is an expense, but it helps to maximise performance and you’ll enjoy wonderfully low energy bills as a result. What’s more, servicing your boiler on an annual basis ensures it will last you for many years.

So there you have it. Oil is a great choice as a home heating fuel, but there are a few things that you can do to get more power for your pound and keep your home warm and cosy this winter for less.

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