24th May 2024
The fluctuation in petrol prices between different petrol stations makes filling up at the forecourt a lottery. How do you know if you are getting the best deal at the pump? The UK government has proposed a new initiative to help drivers find the cheapest fuel. Merityre’s guide covers everything you need to know about the Pumpwatch scheme.
Pumpwatch is a scheme drawn up by the UK government that will be launched in late 2024. Fuel stations across England, Wales, Scotland, and Northern Ireland must legally share fuel prices with a government-appointed organisation. This forms part of the government’s plans to tackle overcharging with fuel retailers while encouraging motorists to find the best fuel deals.
The idea behind the Pumpwatch scheme is for fuel retailers to share petrol and diesel prices within 30 minutes of making price changes. Once the Pumpwatch data is publicly available, tech companies will develop new technologies to help motorists get good fuel deals. This could be via mobile apps, in-car devices, or online mapping platforms.
Fourteen retailers have signed up for the UK government’s Pumpwatch scheme run by the Competition and Markets Authority, which includes:
According to a report from the CMA, it is estimated that Pumpwatch will save up to £4.50 on a petrol tank filling within a five-minute drive of your local fuel station.
Over time, your vehicle’s condition can affect fuel economy. There are many reasons why your car has reduced fuel consumption, such as:
Is the fuel system on your vehicle not pumping fuel as it should into the combustion chamber? The fuel filter on your car may need to be replaced. With our gold service, we can check the fuel lines and replace the fuel filter for you. Book your next service at your local Merityre branch across South East England today.