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ALL YOU NEED TO KNOW ABOUT OIL AND LPG

 

What is LPG?

Liquefied Pertoleum Gas accounts for 1.5% of the UKs energy consumption. It is the generic name for propane and butane and is manufactured during the refining of crude oil.

 

What is Oil?

Heating oil is a petroleum product used as a domestic fuel. Oil is 2nd only to natural gas in its consumption.

 

LPG Installation Cost

For most domestic users there are two options for storage either bulk tanks or single/multi cylinder installations. LPG boilers and storage tanks are significantly cheaper than for oil.

 

Oil Installation Cost

Oil is typically stored in 1000ltr plus tanks. Regulations over the storage of oil mean that costs are significantly higher than lpg storage. Also Oil boilers are more expensive than the LPG equivalent.

 

LPG Running Cost

LPG is known to be one of the more expensive rural fuels yet recent research suggests prices may not be quite as high as previously thought.

Oil Running Cost

Low running costs is perhaps the one main advantage of heating oil over lpg although due to excessive setup costs it can take between 7 and 10 years to see any savings.

 

Environmental Safety of LPG

Since it was introduced in Britain in the 1930's LPG's reputation has never suffered from a single pollution incident. While oil is responsible for 4,500 incidents every year.

Environmental Safety of Oil

The fact that new regulations have had to bought into force to combat oil pollution tells its own story. There are just 3,000 official oil installers in the UK and a lot of people working as oil installers who shouldn't be.

 

Usability of LPG

As with natural gas, heat from LPG is instantly available and temperaure easily controllable. It uses the same type of appliances, fittings and pipings as natural gas. It burns cleanly, without soot or sulphur emissions. LPG's versatility makes it an all-round fuel for heating and cooking.

Usability of Oil

Heating oil is very popular for domestic heating but for most other uses e.g. cooking, there should be great reservations. One benefit of using heating oil is the ability to change suppliers. So if you are unhappy with prices and service you can swap without too much hassle.

 

The bottom line is that an LPG installation costs on average £2,000 less than the Oil equivalent. The additional costs for an Oil installation means that at current LPG and heating Oil prices it would take between 7 and 10 years before you would see any savings. 

 

  

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