international bp spain holdings news madrid, Oil boiler sales post sharp increase

2013-05-08 13

international bp spain holdings news madrid
The oil heating sector has reported a significant improvement in sales this year, OFTEC has reported. Sales of oil boilers in the first quarter of 2013 increased by 22 per cent compared with the first three months of last year. Sales at the end of 2012 also showed an improvement on the previous year. Non-condensing (standard efficiency) makes up about 8 per cent of the total oil boilers sold this year so far. Commenting on the news, OFTEC director general Jeremy Hawksley said: “The sales figures for the first quarter of 2013 have been excellent and follow good results for the final quarter of 2012. “Most boiler sales are distress purchases and the healthy results are due partly to the cold weather the UK has experienced this winter. “However, it also underlines the public’s continued enthusiasm for oil heating and the fact that upgrading to a modern oil condensing boiler will bring an immediate saving in heating costs. “This is by far the simplest and most cost-effective change that existing oil heating users can make”.