‘Oil club’ saves Magherafelt residents 20% in heating costs

Magherafelt chairperson Catherine Elattar with the members of the new Oil Club in Magherafelt.

Magherafelt chairperson Catherine Elattar with the members of the new Oil Club in Magherafelt.

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A new group has been set up in Magherafelt to buy home heating oil in bulk, as residents struggle to heat their homes with rising oil prices.

The ‘Oil Club’ claim they have already made saving of around 20 per cent and say they have inundated with orders with residents hoping to avail of the discount.

The idea for the oil club originated in Glenravel in Co Antrim.

Darren Totten, a member of Killowen Drive Residents Association in Magherafelt said he was delighted with the success of the club

“In these times of austerity, it was recognised within the area, that people faced real financial hardship, particularly in regards to fuel costs,” he said.

“A number of people were purchasing small quantities of oil at over inflated prices.

“By bulk buying, as a club, those individuals made substantial savings of approximately 20 per cent.

“Even those who purchased 900 litres saved 2p a litre, which is a welcome saving. We will be receiving our next order in early December and have already been inundated with enquiries from people who failed to put in an order first time around.”

Magherafelt chairperson Catherine Elattar praised the group for “working together to help ease the financial burdens most people are facing”.

Catherine added: “After hearing of the success of Glenravel Oil Club and having been approached by local residents wishing to find out more, I requested that the council provide information and assistance to local groups that were interested in the scheme.

“Fuel poverty is an unfortunate reality that an increasing number of people are facing at this time of year and anything that can help alleviate that is welcome.”

If anyone wishes to receive a copy of the ‘Tool Kit’, these can be obtained from the Environmental Health Department at Magherafelt District Council. Members of Killowen Drive Residents Association are also happy to provide advice or assistance and can be contacted on 07871537970.