Are you interested in saving money on heating oil?
By pooling our requirements, we are able to negotiate a lower price, for example the Syndicate’s last order in March 2013 was for approximately 290,000 litres at 58.89 pence / litre + VAT. The highest price quoted was over 60 pence. The eleven cooperatives currently in the syndicate have well over 400 members (and are still growing) who between them ordered in excess of 500,000 litres of kerosene over the last two orders, saving at least £10,000
How does it work?
- The Cooperative coordinator puts a notice in the Parish Magazines, posters in the village and phones / emails existing members to let them know when the next order will be. You let the coordinator know how much oil you want — either a fixed number of litres (minimum 500) or “fill-up the tank” (we need an estimate of the likely quantity so we have an idea of the total volume when negotiating with the suppliers).
- The Lower Swale central syndicate coordinator contacts various companies for prices based on the total volume, and the individual Cooperative coordinator then forwards orders on behalf of each person in his or her co-operative and lets the members know the supplier and price. The coordinator informs members of supplier and price and gives a contact number for the supplier.
- The oil is delivered and the supplier leaves or sends each person a bill for their own oil. The customer need not be present but must ensure that the supplier can access the tank at any reasonable time, or contact the supplier to arrange delivery details. The bill is payable direct to the supplier within two weeks by cheque or credit / debit card. The Cooperatives DO NOT HANDLE ANY MONEY nor deal with delivery arrangements etc
There is an order every couple of months, so the chances of running short are minimised.
Interested, or want more information? Drop me an e-mail
Chris Franklin – firstname.lastname@example.org