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Cities In New Jersey with Local Oil Prices

New Jersey Heating Oil Price Trends

Updated on May 9, 2025 at 12:00 AM

Time HorizonPrice Change
1 Day Trend -$0.001
1 Week Trend -$0.108
1 Month Trend -$0.195
1 Year Trend -$0.488

New Jersey Heating Oil Price History

Updated on May 9, 2025 at 12:00 AM

DatePrice
05/09/2025 $3.035
05/08/2025 $3.037
05/07/2025 $3.048
05/06/2025 $3.083
05/05/2025 $3.102
05/02/2025 $3.129
05/01/2025 $3.143
04/30/2025 $3.213
04/29/2025 $3.142
04/28/2025 $3.142
04/25/2025 $3.142
04/24/2025 $3.143
04/23/2025 $3.050
04/22/2025 $3.158
04/21/2025 $3.191
04/18/2025 $3.176
04/17/2025 $3.182
04/16/2025 $3.230
04/15/2025 $3.230
04/14/2025 $3.230
04/11/2025 $3.230
04/10/2025 $3.230
04/09/2025 $3.230
04/08/2025 $3.230
04/07/2025 $3.256
04/04/2025 $3.279
04/03/2025 $3.254
04/02/2025 $3.293
04/01/2025 $3.263
03/31/2025 $3.272

Propane vs. Natural Gas vs. Heating Oil: New Jersey Home Heating Fuel Comparison

Homeowners have a variety of home heating fuels to choose from. Natural gas is the most popular choice in New Jersey, used by 2,618,092 or 74.00% of homes. The 2nd most popular choice for New Jersey homeowners is electricity, used by 532,344 homes (15.05%). The remaining homes are heated with heating oil (258,381), propane (91,132), no fuel (30,011), and other fuels (19,813).

New Jersey Primary Home Heating Fuel Popularity by Number of Households

FuelNew Jersey Households % of Households
Natural Gas2.6M74.0%
Electricity532,34415.1%
Heating Oil258,3817.3%
Propane91,1322.6%
No Fuel30,0110.9%
Other Fuels19,8130.6%
Wood12,5020.3%
Solar7,3340.2%
Coal9710.0%

Natural gas (74.0%)

Electricity (15.1%)

Heating oil (7.3%)

Propane (2.6%)

No fuel (0.9%)

Other fuels (0.6%)

Wood (0.3%)

Solar (0.2%)

Coal (0.0%)

#2 Heating Oil (Fuel Oil) Use in New Jersey

Heating oil has become less popular in New Jersey. In the 2 years since 2020, the number of heating oil homes fell from 260,383 to 258,381, a 0.77% drop.

New Jersey Heating Oil Households (2011 - 2022)

YearHeating Oil Households
2011420,231
2012397,731
2013374,390
2014353,791
2015336,160
2016314,964
2017298,525
2018284,056
2019271,250
2020260,383
2021256,421
2022258,381

Propane vs. Natural Gas use for home heating in New Jersey

Between 2020 and today, the number of homes using propane as the primary space heating fuel rose from 71,033 to 91,132.

Between 2020 and today, the number of homes using natural gas as the primary space heating fuel rose from 2,437,680 to 2,618,092.

Electricity use for home heating in New Jersey

Electric space heating systems are becoming more popular in New Jersey. Since 2020, the number of homes heating with electricity rose from 450,140 to 532,344, a 18.26% increase.

Solar use for home heating in New Jersey

Solar is the most environmentally friendly of all space heating fuels. With an “active” solar heating system, liquid is circulated between solar panels on a home’s roof and a heat energy storage tank in the basement.

Currently, 7,334 homes in New Jersey are heated with active solar arrays. This is a 52.79% increase from 2020, when only 4,800 homes had installed active solar heating.

New Jersey Heating Oil Trends

Last year, New Jersey homeowners purchased a total of 170 million gallons of heating oil.

Short Term Trends

New Jersey’s overall heating oil use varies from year to year, primarily depending on how cold each winter is. As the temperature outside gets colder, homes’ heating systems need to burn more and more oil to keep homes warm. Last winter in New Jersey, the average outside temperature was 2.6° F colder than the prior winter's average outside temperature.

New Jersey Average Winter Temperature

Heating SeasonAverage Temperature
2024 - 202538° F
2023 - 202440.6° F

New Jersey Homeowner’s Guide to Selecting an Oil Company

For New Jersey homeowners heating with oil, selecting which of the 53 heating oil companies that serve New Jersey is an important decision.

Full Service Oil Companies: Homeowners willing to pay a premium for a “set-it-and-forget-it” heating system choose one of the 6 “full-service” oil companies that serve New Jersey. Full service companies such as Lawes Home Comfort or Globe Petroleum offer automatic fuel delivery and furnace repair under a single roof.

Discount Oil Companies: Also known by the names “COD Fuel Companies” or “Cash Heating Oil Companies”, these companies are for the budget-conscious New Jersey homeowner. In return for better prices, you monitor the oil level in your tank and place an order when you run low on oil. Examples of cash heating oil companies that serve New Jersey include Jacquar Fuel Oil and Globe Discount.

New Jersey Heating Oil Company Fast Facts

Heating Oil Companies Serving New Jersey: 53 companies

Average Number Of New Jersey Homes Served Per Company: 4,875 homes

Average Gallons Delivered per New Jersey Oil Company: 3,203,734 gallons per year

New Jersey Heating Oil Delivery Overview

Approximately 258,381 households in New Jersey heat their homes with fuel oil. This makes oil delivery essential, especially when New Jersey temperatures drop as low as 42.5° F each winter.

7% of New Jersey Households Rely On Heating Oil Delivery Each Winter

New Jersey HouseholdsNew Jersey Heating Oil Households
3.5M258,381

53 New Jersey Oil Companies Go the Distance

With 170 million gallons of heating oil delivered to New Jersey homeowners during the winter of 2024, the New Jersey community relies on its 53 oil companies to keep warm.

Oil delivery is a two step process: First, an oil truck picks up oil at the nearest bulk fuel terminal. In the case of New Jersey, two of the closest terminals are Citgo in Linden, NJ and Gulf in Linden, NJ. Then, the truck delivers the #2 heating oil to homes and businesses in New Jersey.