Posted by Frank Gorse on 20/03/2022 13:47:59:
I too am surprised to read that “at the moment oil is a cheap way of heating a home”- please can you quote your sources of information(and of oil).
Not for me to do boys homework!
Possibly the oil-burning homeowners amongst us are thinking of the big bills they get when their tank is refilled. Ouch, I'm sure! But there's another way of looking at it : how much would it cost to heat the house with other than heating oil? When that's done, I suggest big oil bills aren't so bad after all.
Easy experiment. Turn off the oil for a year and heat the house with standard tariff electricity instead. Is there a reason this hasn't already been done? I think we all know the answer – oil is cheaper! Many people don't have the choice – they have to heat electrically.
I'm not recommending a particular heating systems. I'm suggesting customers need to keep an eye on market trends and be ready to reconsider their options. I don't think Andrew's 45 years experience should carry much weight because the world is changing. It's what happens next that matters. I'm not rushing to change my heating system, but I am watching costs carefully and budgeting for a system change. Though I'll be glad if the government help, I'm not relying on them to bail me out.
Dave