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The average installation cost is around £6,500 putting it at approx £2,500 more than LPG4. |
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Over the last eighteen months the cost of oil has nearly doubled2. |
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Oil emits 13.25 per cent more CO2 per kWh than LPG1. |
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Oil boilers emit a higher level of Nox a particularly harmful greenhouse gas5. |
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As oil customers own their storage tanks they are responsible for its
installation, maintenance, annual servicing and insurance. |
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You will usually have to invest in another fuel for cooking. |
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Strict regulations are in place for oil storage, and if these are breached the consequences can be severe. Failure to comply with environmental regulations is a criminal not a civil offence. |
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With oil, customers shop around when a top-up is required and therefore may experience price fluctuations, which can be difficult to budget for. |
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The owner of an oil tank is liable for leakage however it is caused – whether through poor installation, insufficient maintenance or vandalism. |
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Some of the UK’s leading insurers do not provide cover for oil storage tanks6. |
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Oil installers do not have to be OFTEC registered, so there is no governing
body like CORGI protecting property owners. |
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