Comparative heating costs provider, Sutherland Tables, www.sutherlandtables.co.uk have confirmed that the margin between Domestic Heating Oil and Gas for the period up to October 2019 is narrower than previous reported periods (see tables below).
Good to know heating oil is still competetive!
From 1st April 2022, the UK Governments legislation concerning the use of rebated oils (Red Diesel and Red HVO) changes.
At Budget 2020 the government announced that it was removing entitlement to use rebated diesel from most sectors, with exceptions for agriculture, horticulture, fish farming and forestry; Heating and electricity generation in non-commercial premises ; Marine crafts ; Railway vehicles ; Amateur sports clubs and golf courses; Travelling fairs and circuses.
This means that current customers of rebated oils (Gas Oil) including red biodiesel (Red H.V.O.) will need to change over to DERV (white diesel) BEFORE 1st April 2022. This change will significantly increase your fuel costs and affect credit lines.
If you have any questions regarding these changes, please contact our Sales team for help.
Further information can be obtained from the UK Governments website at this address