Households to benefit from oil buying club

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Households are to benefit from reduced heating costs with the establishment of a network of oil buying clubs across Northern Ireland.

The Housing Executive has appointed Bryson Energy to establish a network of clubs and will work on behalf of the club members by negotiating the best price for a bulk order and arranging delivery.

With the majority of all households in Northern Ireland (68%) dependent on oil heating this new scheme will assist householders in budgeting for oil deliveries on a monthly basis, as well as providing savings as part of a larger buyer group.

The scheme is open to all housing tenures including owner-occupiers, housing association and Housing Executive tenants as well as private-rented tenants. Anyone interested in forming an oil buying club should contact Bryson Energy on 0800 142 2865.

Welcoming the scheme, Social Development Minister, Mervyn Storey MLA, said: “Oil buying clubs offer people the opportunity to join with others in buying their home heating oil in bulk, achieving a better price than smaller, more costly refills. There may be some communities who have been interested in embarking on such a scheme but perhaps are unsure of going it alone. This initiative will offer households support through Bryson Energy who will act as project co-ordinator.

“The Housing Executive and Bryson Energy are to be commended for offering this opportunity to households of all tenures at a time when fuel costs are a very real issue for families across Northern Ireland.”

Estimates suggest that the level of saving is expected to be a minimum of 7% per litre for a 500 litre fill, dependent on oil prices.