Energy supplier to provide fixed price tariff for heating oil users

A fuel company has decided to offer all home owners who use oil for heating the possibility to go on a fixed price plan, a news report can reveal.

Craggs Energy is now offering would-be customers the Oil Price Protect plan, which they claim to be an industry’s “first”, as it will combat “unpredictable pricing” from suppliers.

Since the home heating oil market is unregulated, the cost of a tank of oil can easilyt rise between a customer ordering and supplier delivering only a few days later, Craggs Energy has argued.

While a fixed price tariff will certainly be a huge help for customers wanting to budget ahead, the truth of the matter is that installing a smart energy optimization system is likely to help even more when it comes to consumption and cost cutting, and this is specifically where HeatingSave could put its extensive experience to very good use.

The computer powered HeatingSave system calculates the amount of fuel used each day to prove to you the saving it can make over your existing heating control system.

HeatingSave goes one stage further than a ‘Smart Metering’ system as it controls the energy usage instead of just reporting it. For those using heating oil it estimates the litres of fuel used each day and predicts how much oil is left in the tank.

The HeatingSave Building Energy Management System helps customers save more than 30% on their bills by optimizing any heating system’s overall functionality. This is done by taking into account a variety of factors, such as internal and external temperatures, occupancy, time of the year, the particular characteristics of installed boilers, etc. All of the data is used in order to determine the best heating patterns for the various heating zones within any building, using our proprietary heat-loss algorithm.

The end result is that users still get a very good level of comfort, while in the same time saving energy and money in the process.

If you’d like to find out more details on all the features HeatingSave has in store, just contact our dedicated product team, they’ll be more than happy to provide you with all the necessary information.