Cheaper Oil for Fuel?

Padstow

Boilerjuice cheapest for me by 9p pl x500
Can't order as Sagepay won't allow me to enter start/finish dates for cards. No one answering phone at Boilerjuice.
Something I found today which was news to me. Vat rate is 5%. Over 2300 Lts, rises to 15%.

BJ rang back so all is well. apparently Sagepay doesn't work with windows 7.

werdnareklaw

Padstow wrote: »

Something I found today which was news to me. Vat rate is 5%. Over 2300 Lts, rises to 15%.

Only if you are a non-domestic customer. In fact I think it's now 20% for commercial use.

G_M

werdnareklaw wrote: »

Just ordered 500 litres from Watsons in Louth, Lincolnshire and quoted 68.95 +VAT!!! Had a look on Boiler Juice, to find current prices considerably lower. Phoned Watsons back to advise them of this fact and they reduced it by 4 pence

Since I pay by DD decided to accept that figure as wont have to pay for it straight away and they owe me money anyway!

I never understand why people do this. DD is great for the supplier as it ties you to them and as you've found they can charge what they like.

If you want to spread the cost, open a savings account and transfer the same amount monthly into it. When you want to order, shop around and use your savings.

werdnareklaw

G_M wrote: »

I never understand why people do this. DD is great for the supplier as it ties you to them and as you've found they can charge what they like.

If you want to spread the cost, open a savings account and transfer the same amount monthly into it. When you want to order, shop around and use your savings.

This particular supplier pays 4% interest on credit balances. Not a bad rate in today's climate

I might add that I live in a remote location, 25 miles from a city and the closest oil depot is 10 miles so I don't have much to choose from without paying an additional penalty for transportation.

G_M

werdnareklaw wrote: »

This particular supplier pays 4% interest on credit balances. Not a bad rate in today's climate

I might add that I live in a remote location, 25 miles from a city and the closest oil depot is 10 miles so I don't have much to choose from without paying an additional penalty for transportation.

Hmm - I wonder how your 4% interest earned stacks up against the extra 4..6..8? ppl you are charged. Especially when you could be earning at least 3% yourself in the bank.

The fact that the supplier is willing to pay you 4% "in today's climate" just proves the point - he does this because he knows he'll get it back by having a captive customer who he can charge what helikes.

And there must be other properties in the area using oil? Arrange a tanker-load between you and suppliers will come much further for a far lower price.

manda1205

werdnareklaw wrote: »

This particular supplier pays 4% interest on credit balances. Not a bad rate in today's climate

I might add that I live in a remote location, 25 miles from a city and the closest oil depot is 10 miles so I don't have much to choose from without paying an additional penalty for transportation.

Im exactly the same, 23miles from Norwich, 9miles from Great Yarmouth. Yet I still have around 6 or 7 suppliers I can pick from. I dont get penalty's for transportation. You have to get into the habit of ringing round all of them every time you need oil and playing them off each other for the best prices. Look in your yellow pages, I can't imagine that Lincolnshire only has one oil supllier who will deliver to you. Though you may prove me wrong.
I also agree with G_M far better to put aside money every month, than tie yourself to over priced DD account.

werdnareklaw

G_M wrote: »

And there must be other properties in the area using oil? Arrange a tanker-load between you and suppliers will come much further for a far lower price.

My nearest neighbour is a quarter mile away and the closest village consists of some 40 dwellings who are a miserable lot and wont entertain an oil buying consortium

Willop108

Hi all,
Used oil for the last 25 years so I have been there, seen it, done it and got the tee shirt. my recommendations are, we can't do anything about the price rise's apart from;
1/ find the best possible price in your area at the best time of the year, do this by having a large enough tank, for your consumption, to buy once a year in the summer or twice early summer & again late summer when demand & price's are low,

2/ Set up a your own weekly or monthly payment into a saving's account to help spread the payment, and earn a small amount if you keep it in credit, use a cash back reward card to make the payment

3/:search:phone round for the best price, use a pre-printed sheet, so you don't have to go through the yellow pages every time, set it up with columns of all local suppliers, names, phone numbers and a column for price per litre ex vat, set this up on a spreadsheet, most phone numbers are 0800 so cost is nil, when you have got your most competitive price go back to the second best quote and ask them to better your best quote, which I have found they will do, play one supplier against the other, remember you are the customer, they have something to sell, you pay there wage's, order now as they generally only hold this price for 24hrs, now work out your total saving and I think you will find this was time well spent and it should give you a warm glow, that's another heat saving:j celebrate:bdaycake:
4/ Don't sign up with one supplier, loyalty can cost,:mad: i.e. signalman, direct debits etc where delivery and price is out of your control. keep control, remember you are the customer

5/ All you can do now is conserve your stock of oil by monitoring your thermostat, keep an eye on tank levels, take precautions so oil doesn't get nicked, make sure your boiler is working efficiently, check your house installation all round, keep windows / doors closed as much as poss. etc, draw curtains when it's dark. and above all wear a vest Winter draw's on:xmassign:

sam09_2

Willop108 wrote: »

Hi all,
Used oil for the last 25 years so I have been there, seen it, done it and got the tee shirt. my recommendations are, we can't do anything about the price rise's apart from;
1/ find the best possible price in your area at the best time of the year, do this by having a large enough tank, for your consumption, to buy once a year in the summer or twice early summer & again late summer when demand & price's are low,

2/ Set up a your own weekly or monthly payment into a saving's account to help spread the payment, and earn a small amount if you keep it in credit, use a cash back reward card to make the payment

3/:search:phone round for the best price, use a pre-printed sheet, so you don't have to go through the yellow pages every time, set it up with columns of all local suppliers, names, phone numbers and a column for price per litre ex vat, set this up on a spreadsheet, most phone numbers are 0800 so cost is nil, when you have got your most competitive price go back to the second best quote and ask them to better your best quote, which I have found they will do, play one supplier against the other, remember you are the customer, they have something to sell, you pay there wage's, order now as they generally only hold this price for 24hrs, now work out your total saving and I think you will find this was time well spent and it should give you a warm glow, that's another heat saving:j celebrate:bdaycake:
4/ Don't sign up with one supplier, loyalty can cost,:mad: i.e. signalman, direct debits etc where delivery and price is out of your control. keep control, remember you are the customer

5/ All you can do now is conserve your stock of oil by monitoring your thermostat, keep an eye on tank levels, take precautions so oil doesn't get nicked, make sure your boiler is working efficiently, check your house installation all round, keep windows / doors closed as much as poss. etc, draw curtains when it's dark. and above all wear a vest Winter draw's on:xmassign:

Thanks for this good advice, i have paid via a dd account with my oil company for a couple of years but im going to phone them up to cancel it today:)

sam09_2

Have just phoned now, got a cheque of £110.15 to be refunded! And ive got a full tank think it holds 1000L, so will be plenty of time to set up the savings for the next order, I plan to save £80 a month in an interest savings account