Rural Energy Seminar 20 November 2013 David Blevings

Rural Energy Seminar

20 November 2013

David Blevings

Current synopsis

• Volatility in wholesale markets • Elevated global energy costs over last three years• Global economic crisis• Higher wholesale/retail cost• Smaller delivery sizes

Oil68%

Solid Fuel4%

Electric4%

LPG1%

Nat Gas15%

Oil/SF6%

Home Heat Market Share NI

Oil

Solid Fuel

Electric

LPG

Nat Gas

Oil/SF

2009 HCS

Oil heating market - NI

• Kerosene consumption 2012 = 966M litres• Cost of heating using oil std boiler – £1573• Cost of heating condensing oil boiler - £1287

(Oct 2013) saving = 18% or £286pa• Number of households = 740,000 • Number using oil = 504,530 • 270 oil distributors

Condensing boiler

Required now under Building RegsReuses flue gasesBetter efficiencyTypical 20 yr old boiler – 60%New condensing – 93%

• Heating oil prices are quoted per litre of oil• Normal quotes are 500 or 900 litres • Prices quoted will include 5% VAT.

The price of oil goes up and down throughout the year as it is directly linked to international wholesale prices of crude oil but note it isalso affected by market forces including exchange rate movements.

Oil in Northern Ireland

• Price……• Remember, there are other factors to consider as well as price

including; delivery time, customer service, payment terms

• Always make sure you are comparing similar services• Any additional charges i.e. credit card charges?

• NIOF Members have a Customer Charter in place; payment options for customers, best value, service levels customers can expect, energy efficiency, advice for vulnerable customers and complaints procedure

www.nioil.com

Oil in Northern Ireland

Funding your oil heating

• Cost of heating using oil std boiler – £1573

- prepayment of £131/month or £30.25/week

• Cost of heating condensing oil boiler - £1287 - prepayment of £108/month or £25/week

( 3 bed house – Sutherland Oct 2103)

Funding your oil heating

• Cost of heating using oil std boiler – £1573

Pre pack drums - £18 x 140 = £2520 or 60% more!

Self – filled drums 140 x 0.65 x 20 = £1820

- Budget discussion with local distributor?

( 3 bed house – Sutherland Oct 2103)

Payment Options

• PayPoint – minimum payment £10• Oil Stamps – minimum payment £5• Direct Debit• Debit card/Credit • Cash• Distributor payment scheme

Upgrade boiler

Grants for boiler replacement from DSD up to £1000 for boiler & controls….

Annual Servicing

• HSENI advice• Increases efficiency • Protect against CO• Use a competent person

www.oftec.org

Control Documentation

• No cheap energy going forwards….• Message is to maximise energy efficiency and use wisely• Service all appliances and look for efficiency upgrades and add-ons• Use a NIOF oil distributor for additional peace of mind• Use an OFTEC registered technician for all boiler work

Conclusion

David Blevings

08456002105dblevings@oftec.org

www.oftec.org