East of England households are over paying £5m to keep their heating on

East England households are over paying �5m to keep their heating on. Picture: ALEXLMX/FOTOLIA

East England households are over paying �5m to keep their heating on. Picture: ALEXLMX/FOTOLIA - Credit: alexlmx - Fotolia

Almost 64,000 households in East Anglia are over-paying on their heating oil every year due to not comparing suppliers.

The findings by BoilerJuice reveal that more than half of rural households in the East of England have not switched heating oil suppliers in at least ten years. They also found that 35% of households have never switched.

Those who don’t compare the cost are paying over £80 more a year than those who do, resulting in a collective waste of £5million.

How you buy heating oil can make a big difference to the price you pay, those who buy last minute will find themselves paying an extra £30 compared to those people who buy it in advance.

Lee Cowles, managing director for BoilerJuice, said: “Many households in the East of England are still paying too much for their energy and we want to help more people benefit from increased choice and competition.

“The many households in the East Anglia who rely on heating oil to warm their homes risk overpaying if they buy from the same supplier because loyalty to one supplier does not pay.

“The good news though is that our online platform means you won’t have to call round suppliers to get the best deal – because we use technology that allows hundreds of suppliers to bid for your business – ensuring you get a better deal.”

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