Oil prices create 'huge worry' as winter looms
Summary
Rising oil prices are causing financial difficulties for thousands of households and farms in Devon and Cornwall who rely on heating oil for warmth and fuel. The cost of heating oil has increased sharply due to global tensions, leading to worries about paying heating bills this winter.Key Facts
- Heating oil prices in the UK rose from about 60p to around 97p a litre after tensions in Iran increased.
- About 41,000 households in Devon depend on heating oil as their main heating source.
- Cornwall has over 34,500 households also relying on heating oil for central heating.
- Prices can change quickly, with no price limits like those set by Ofgem for gas and electricity.
- Rising oil costs affect farms because they use fuel for vehicles and heavy machinery.
- Some people face extra costs of hundreds of pounds to fill their oil tanks this winter.
- The Devon Crisis and Resilience Fund offers help to low-income households facing sudden financial problems.
- Households are trying to save energy by using electric blankets and heating only when necessary.
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