After the oil price crash: consumer 200 Euro save almost, when you purchase of heating Oil

heating oil is currently so low, most recently three years ago. The determined the Online comparison portal Check24. This is also reflected in the consumption c

After the oil price crash: consumer 200 Euro save almost, when you purchase of heating Oil

heating oil is currently so low, most recently three years ago. The determined the Online comparison portal Check24. This is also reflected in the consumption costs Alone, compared to the previous year, customer numbers, heating Oil is currently approximately 15 percent less.

"crude oil prices fell in the first months of 2020 in the Wake of the weak global economy and due to the Corona pandemic," explains Schmid, managing Director of energy at Check24 Let the connection. Therefore, the end consumer would have cheaper prices for heating oil. The expert limits. "As the demand for heating oil in Germany is still high, however, to the same extent."

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hundreds of euros of Savings

The savings potential of private households is obtained from calculations of the Heating consumption of a model household with an annual consumption of 20,000 kWh. The amount saved lies in the comparison of the last two heating Seasons September 2018 to April 2019 and September 2019 to April with $ 189 . In the Winter of 2018/2019, the required fuel oil cost 1248 Euro, recently 1059 Euro. And, although the heating demand was almost unchanged – it increased only by two percent.

Who need to buy for the coming Winter heating oil, should take advantage of the currently favorable prices. While hardly a market expected to observers, the prices can quickly reach the old heights. However, the crude oil prices rose again significantly. Anyone waiting for too long, risking so higher prices. Check24 Least the Erölpreise went back down. Legend: The black line shows the oil price, the green the price of gas.

gas consumers save money

In contrast to heating oil, the price of gas is currently approximately at the previous year's level. Therefore, the Heating costs for consumers remained with gas heating least largely constant. When you look at the past few years, it is striking that Gas has lost its previous cost advantage in the meantime. GAS price COMPARISON (display)

Simple cost savings

Here it goes to the cheapest gas supplier

Although the procurement prices for Gas fell in the wholesale trade. But the providers have not adjusted according to Check24 their retail prices. Expert fixed Lasse Schmid provides: "For consumers it is only significantly cheaper if you switch from a basic service to an alternative provider."

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Updated Date: 23 May 2020, 05:27

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