Nadder Oil Buying Club

The Nadder Oil Buying Club was set up in 2012 to provide users of heating oil in the Nadder valley with more competitively priced domestic heating oil. Since then it has grown from a handful of members to nearly 1000; as a result, prices are substantially lower than the oil companies will normally charge for an individual delivery. Recent changes to the software now mean that a member can help someone without access to the internet by listing a second tank on their entry.

The group currently comprises 230 homes, Village Halls, Churches, Businesses and Public buildings in the area near Salisbury, within a 15 mile radius of Compton Chamberlayne.

The Club placed orders for 1.5M litres in 2021

This is how it works:

If you have registered your details with nadder.oilbuyingclub.com you will receive an email twice a month asking if you need oil.  If you need oil, respond with the quantity, if you do not need oil, click on Opt out and you wont be bothered with email reminders.  . The most competitive bidder receives a spreadsheet, showing the details of those who require oil. Those who have ordered receive confirmation of the price and likely delivery date. The oil is then delivered and the oil supplier invoices each delivery address direct.

The benefits are both cashflow and price. First you need only order a minimum of 500 litres to benefit from the bulk purchase price and you could do that every month. Secondly, purchasing a large quantity in a reasonably tight geographical area means a substantially lower price and fewer tankers on our roads. One of the most expensive ways to buy oil is by agreeing with a supplier that they can top up your tank whenever it suits them.

Suppliers are generally happy for payment to be made on receipt of invoice though occasionally new suppliers will ask for payment in advance from members who are not known to them

To take part, you need to register on www.nadder.oilbuyingclub.com where further information is available. Before the application is confirmed, you need to provide:

  1. Your name and full postal address
  2. Contact phone numbers in case the oil company or the tanker driver needs to speak to you.
  3. Any special instructions about delivering to your tank, such as the need for a small tanker, if access is limited.

There are only two rules. First, everything happens via nadder.oilbuyingclub.com and second payment must be made on receipt of invoice. New oil users always welcome, just send them the details of the website or forward this to them.

The service is completely free to use, the oil suppliers pay a small rebate to both the Nadder Oil Buying Club and also to oilbuyingclub.com. Despite that, we are normally the cheapest source of heating oil.  The more members we have the lower the price

Richard Willan

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Updated Jan 2022

 


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