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Home heating oil prices increase below inflation in 2012

31st May 2013 All News and Offers

National Statistics logoThe latest Quarterly Energy Prices Report from the Department of Energy & Climate Change shows that the annual average price of domestic heating oil increased by 1.3% between 2011 and 2012, which is below the 2.83% CPI average inflation of Great Britain in 2012*.

The latest report is good news for our home heating oil customers who have been struggling with above inflationary price changes over the past year.

In the same period, annual average domestic electricity prices (including VAT) rose by 4.3% in real terms and domestic gas prices (including VAT) rose by 9.2% in real terms.

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