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Heating oil big drop

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Comments

  • Registered Users Posts: 6,336 ✭✭✭SouthWesterly


    It will be very interesting to see if "BUDGET 2021" announces any increases in the cost of Home Heating Oil under it's Climate Action plan to lower CO2 measures. Of course any planned increases may defer the hike until Spring/Summer 2021 with winter almost upon us. Next Tuesday 13 October 2020 is Budget Day so we should know by then.

    It would be a foolish government who increased the cost of living with so many unemployed.


  • Registered Users Posts: 5,009 ✭✭✭mikeecho


    It would be a foolish government who increased the cost of living with so many unemployed.

    The carbon tax plan, was laid out a few budgets ago.
    We'll have yearly carbon tax increases.
    But they normally don't kick in until may 1st


  • Registered Users Posts: 5,368 ✭✭✭JimmyVik


    mikeecho wrote: »
    The carbon tax plan, was laid out a few budgets ago.
    We'll have yearly carbon tax increases.
    But they normally don't kick in until may 1st


    You would think they would give the population a break this year on it.


  • Registered Users Posts: 1,735 ✭✭✭AwaitYourReply


    Budget 2021 - Confirmation of proposed changes with regards to home heating fuels

    Carbon tax
    The carbon tax on fuel will increase by €7.50 from €26 per tonne to €33.50 per tonne. The increase will apply to auto fuels from midnight on 13 October 2020 and to solid fuels from May 2021. See 'Environment' below for more details.

    Environment and climate > Carbon tax

    Carbon tax has been increased by €7.50 per tonne, from €26 per tonne to €33.50 per tonne. This applies to auto fuels from midnight on 13 October 2020.

    The carbon tax increase will apply to all other fuels (including household fuels) on 1 May 2021.

    Carbon tax will increase by €7.50 every year until 2029 and then by €6.50 in 2030, bringing carbon tax to €100 per tonne by 2030. €100 million of the carbon tax revenue collected will be invested in increasing the energy efficiency of our homes, including expanding the Warmer Homes Scheme and providing for new energy efficiency schemes such as the National Home Retrofit Scheme. A new National Retrofit Office will be established in the Sustainable Energy Authority of Ireland (SEAI).

    The tables below show the estimated price increases on commonly-used fuels:

    Fuel used for your vehicle /Unit / Increased cost, €

    Petrol 60 litre fill 1.30
    Auto Diesel 60 litre fill 1.51

    Fuel used for your home / Unit / Increased cost

    Kerosene (Heating) 900 litre fill 19.51
    Coal 40 kg bag 0.90
    Peat briquettes 12.5kg bale 0.20
    Gas (Heating) 11,000 kwh 16.98

    Fuel Allowance
    The Fuel Allowance will increase by €3.50 per week from €24.50 to €28 (from January 2021).

    Source:
    https://www.citizensinformation.ie/en/money_and_tax/budgets/budget_2021.html#


  • Registered Users Posts: 6,336 ✭✭✭SouthWesterly


    JimmyVik wrote: »
    You would think they would give the population a break this year on it.

    Seemingly it's law so they've no choice.
    Another opportunity for the greens to penalise rural citizens


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  • Registered Users Posts: 2,576 ✭✭✭Cape Clear


    Seemingly it's law so they've no choice.
    Another opportunity for the greens to penalise rural citizens

    This was signed off by the previous government. The only ones making noise about this are Sulphur Fein and the usual mad capped healy Rae type independents. To put it in context it's €20 on a tank of oil. Having a bit of foresight and willingness to bargain people will easily save this and more on their next oil bill.


  • Registered Users Posts: 1,053 ✭✭✭TimHorton


    Seemingly it's law so they've no choice.
    Another opportunity for the greens to penalise rural citizens

    Regressive Taxes like this are unfair , Heating your home is a basic necessity , A guy on Minimum wage having to pay the same as a property developer is just simply unfair.


  • Registered Users Posts: 3,215 ✭✭✭wassie


    Oh please - plenty of other threads to moan about taxing of fossil fuels.
    Cape Clear wrote: »
    This was signed off by the previous government. The only ones making noise about this are Sulphur Fein and the usual mad capped healy Rae type independents. To put it in context it's €20 on a tank of oil. Having a bit of foresight and willingness to bargain people will easily save this and more on their next oil bill.

    Exactly. My local pricing is 40% cheaper than this time last year.


  • Registered Users Posts: 12,235 ✭✭✭✭Cee-Jay-Cee


    muffler wrote: »
    €429 / 1000l seems to be the cheapest up my way in Donegal

    Where from?


  • Registered Users Posts: 5,885 ✭✭✭OldRio


    wassie wrote: »
    Oh please - plenty of other threads to moan about taxing of fossil fuels.



    Exactly. My local pricing is 40% cheaper than this time last year.

    So the government have reduced the cost? I missed that I thought they are putting it up.


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  • Registered Users Posts: 45,762 ✭✭✭✭muffler


    Where from?
    Almost 4 weeks since I posted that. Cheapest now is €445 / 1000L


  • Registered Users Posts: 3,215 ✭✭✭wassie


    €439 / 1000L if in South Donegal. https://www.cheapestoil.ie/heating-oil-prices/Donegal


  • Registered Users Posts: 3,817 ✭✭✭Darc19


    OldRio wrote: »
    So the government have reduced the cost? I missed that I thought they are putting it up.

    It's not bad compared to petrol

    About €165 of a 1,000 litre €439 fill goes to revenue.

    On petrol about €900 of a 1,000 litre €1300 tank goes to revenue.


  • Registered Users Posts: 5,885 ✭✭✭OldRio


    Darc19 wrote: »
    It's not bad compared to petrol

    About €165 of a 1,000 litre €439 fill goes to revenue.

    On petrol about €900 of a 1,000 litre €1300 tank goes to revenue.

    Yeah I know.


  • Registered Users Posts: 5,269 ✭✭✭Ardent


    Cape Clear wrote: »
    To put it in context it's €20 on a tank of oil. Having a bit of foresight and willingness to bargain people will easily save this and more on their next oil bill.

    Wow, never thought of shopping around for the best price. Thanks for that Captain Obvious.


  • Registered Users Posts: 6,226 ✭✭✭joeysoap


    This year it’s not too bad, Kero is cheap there’s no planes flying and little demand. But it’s €22 next year, and the year after, and the year after that, and the year after that, and ....................


  • Registered Users Posts: 2,576 ✭✭✭Cape Clear


    Ardent wrote: »
    Wow, never thought of shopping around for the best price. Thanks for that Captain Obvious.

    Don't give up the day job.


  • Registered Users Posts: 3,215 ✭✭✭wassie


    Prices continue to fall north of the border.

    Online quotes as cheap as 29.9p/L (~27.6c/L). Not sure why it quotes 900L - I assume its close to the 200 Gallon mark?

    https://www.cheapestoil.co.uk/Heating-Oil-NIhttps://www.cheapestoil.co.uk/Heating-Oil-NI


  • Registered Users Posts: 2,045 ✭✭✭silver2020


    wassie wrote: »
    Prices continue to fall north of the border.

    Online quotes as cheap as 29.9p/L (~27.6c/L). Not sure why it quotes 900L - I assume its close to the 200 Gallon mark?

    https://www.cheapestoil.co.uk/Heating-Oil-NIhttps://www.cheapestoil.co.uk/Heating-Oil-NI

    I presume their 5% vat and no carbon tax is the difference.


  • Registered Users Posts: 2,746 ✭✭✭9935452


    silver2020 wrote: »
    I presume their 5% vat and no carbon tax is the difference.

    Some difference
    https://www.thedandys.ie/product/home-heating-oil-1000-litres


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  • Closed Accounts Posts: 157 ✭✭Liamo57


    1000 litres delivered yeesterday in Mullingar. Flaherty Fuels Ltd. 415 euro, is this the cheapest?


  • Registered Users Posts: 2,045 ✭✭✭silver2020


    9935452 wrote: »

    yep, but would you live up there with their crap social welfare system? :)



    Extra vat and carbon tax adds about €110


  • Registered Users Posts: 8,567 ✭✭✭CoBo55


    9935452 wrote: »

    If you have a way of collecting it yourself and pumping it into your tank, eff that I'll let the tanker driver do that.


  • Registered Users Posts: 3,215 ✭✭✭wassie


    Liamo57 wrote: »
    1000 litres delivered yeesterday in Mullingar. Flaherty Fuels Ltd. 415 euro, is this the cheapest?


    Thats some keen pricing - perfect for a winter lockdown!


  • Registered Users Posts: 1,053 ✭✭✭TimHorton


    wassie wrote: »
    Thats some keen pricing - perfect for a winter lockdown!

    1000 delivered in April was 340 , I ordered 3000 Litres for less than a 1000 euro in April

    1 x 1400 Litre Tank and 2 x 1000 Litre IBC Tanks full to the brim.


    BTW I recall paying 930 Euro for 1000l 9 or 10 years ago.


  • Registered Users Posts: 199 ✭✭as.eirinn


    TimHorton wrote: »
    1000 delivered in April was 340 , I ordered 3000 Litres for less than a 1000 euro in April

    1 x 1400 Litre Tank and 2 x 1000 Litre IBC Tanks full to the brim.


    BTW I recall paying 930 Euro for 1000l 9 or 10 years ago.

    .... it's probably a wry exaggeration: ) however, be careful about filling oil tanks too much, I'm sure oil can expand and overflow.Any oilman would know this and advise against anyway but just in case🙂


  • Registered Users Posts: 1,053 ✭✭✭TimHorton


    as.eirinn wrote: »
    .... it's probably a wry exaggeration: ) however, be careful about filling oil tanks too much, I'm sure oil can expand and overflow.Any oilman would know this and advise against anyway but just in case��

    Correct , Full to capacity not to the brim.


  • Registered Users Posts: 2,746 ✭✭✭9935452


    CoBo55 wrote: »
    If you have a way of collecting it yourself and pumping it into your tank, eff that I'll let the tanker driver do that.

    They supply bowsers with pumps .
    If i was closer id be getting it off them .
    As it stands i got 2 ibcs filled back in april at 36c a litre delivered


  • Registered Users Posts: 1,179 ✭✭✭WestWicklow1


    9935452 wrote: »
    They supply bowsers with pumps .
    If i was closer id be getting it off them .
    As it stands i got 2 ibcs filled back in april at 36c a litre delivered

    Careful now or sergeant muffler will be along....


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  • Registered Users Posts: 45,762 ✭✭✭✭muffler


    Careful now or sergeant muffler will be along....
    and what does that mean exactly?


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