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Cheapest heating oil price in Madison
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Oil Prices For Heating Oil Companies In Madison, NY
Updated Today at 12:06 PM
| Heating Oil Company | Oil Price Per Gallon |
|---|---|
| Nassimos Enterprises | Call for price |
| Thermo Petroleum Products | Call for price |
| Jennison Fuels | Call for price |
| Broedel Fuel Group | Call for price |
| Paul Oil Company | Call for price |
| Buell Fuel | Call for price |
| Otis Marshall Farms | Call for price |
Madison Homeowner’s Guide to Selecting an Oil Company
For Madison residences heating with oil, picking which of the 7 heating oil companies that serve Madison can drastically impact the cost of home heating.
Full Service Oil Companies: Homeowners who value a “set-it-and-forget-it” heating system select one of the 2 “full-service” oil companies that serve Madison. Full service companies such as Thermo Petroleum Products Inc or Broedel Fuel Group LLC offer customers annual contracts which consist of a combined package of both automatic fuel oil delivery and furnace repair. With an automatic oil delivery contract, the company tracks your home’s heating oil consumption and makes deliveries when your tank is running low. The client does not need to monitor the level of the oil tank or place individual orders.
Discount Oil Companies: Also known by the names “COD Fuel” or “Cash Heating Oil” companies, discount oil companies are for families who are looking to save money. With discount oil companies, in exchange for lower prices, you monitor the number two heating oil level in your tank, and you place an oil order either when the level runs low or just before a major snowstorm. Some of the 2 Madison cash heating oil companies serving Madison include Jennison Fuels LLC and Nassimos Enterprises LLC.
Madison Number Two Heating Oil Company Statistics: Fuel oil Companies Serving Madison: 7 companies .
Average Number of Madison Households Served per Number Two Heating Oil company : 39
Madison, NY Heating Oil Trends
Last year, Madison homeowners purchased a total of 83,370 gallons of heating oil. Out of the 1008 towns in New York, Madison ranks 846th for home heating oil consumption.
Country-wide, Madison ranks 4195th out of 29,620 towns in America for heating oil consumption.
Short Term Trends
Madison’s overall heating oil use varies annually as winter conditions change. As the temperature outside gets more chilly, homes’ HVAC systems need to burn increasing amounts of oil to maintain a constant interior temperature. Last winter, the average outside temperature in Madison was 24.2°F, which was 7.5°F colder than the prior winter's average outside temperature.
Madison Average Winter Temperature
| Heating Season | Average Temperature |
|---|---|
| 2024 - 2025 | 24.2° F |
| 2023 - 2024 | 31.7° F |
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Average Madison Heating Oil Price Trends
Updated on March 2, 2026
| Time Horizon | Price Change |
|---|---|
| 1 Week Trend | +$0.160 |
| 1 Month Trend | +$0.180 |
| 3 Month Trend | +$0.510 |
| 1 Year Trend | +$0.520 |
Average Madison Heating Oil Price History
Updated on March 2, 2026
| Date | Price |
|---|---|
| 03/02/2026 | $4.260 |
| 02/23/2026 | $4.100 |
| 02/16/2026 | $4.120 |
| 02/09/2026 | $4.110 |
| 02/02/2026 | $4.080 |
| 01/26/2026 | $3.790 |
| 01/19/2026 | $3.730 |
| 01/12/2026 | $3.690 |
| 01/05/2026 | $3.720 |
| 12/29/2025 | $3.730 |
| 12/22/2025 | $3.730 |
| 12/15/2025 | $3.790 |
| 12/08/2025 | $3.680 |
| 12/01/2025 | $3.750 |
| 11/24/2025 | $3.750 |
| 11/10/2025 | $3.660 |
| 11/03/2025 | $3.610 |
| 10/27/2025 | $3.550 |
| 10/20/2025 | $3.510 |
| 10/13/2025 | $3.520 |
| 10/06/2025 | $3.490 |
| 09/29/2025 | $3.520 |
| 09/22/2025 | $3.530 |
| 07/21/2025 | $3.550 |
| 07/07/2025 | $3.530 |
| 06/23/2025 | $3.550 |
| 06/02/2025 | $3.520 |
| 05/05/2025 | $3.560 |
| 04/21/2025 | $3.500 |
| 04/07/2025 | $3.690 |
| 03/31/2025 | $3.730 |
| 03/24/2025 | $3.740 |
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Propane vs. Natural Gas vs. Heating Oil: Madison Home Heating Fuel Comparison
Residences have a variety of fuels that can be used when it comes to heating. Heating Oil is the most popular choice in Madison, used by 272 or 50% of families. The 2nd most popular primary heating fuel for Madison households is Propane, used by 103 homes (19%). The rest of the homes are heated with Electricity (14%), Natural Gas (8%), Wood (7%), and Other (2%).
Madison Residential Primary Home Heating Fuel (in Number of Households)
| Year | Natural Gas | Propane | Electricity | Oil | Wood | Solar | Other |
|---|---|---|---|---|---|---|---|
| 2025 | 42 | 103 | 74 | 272 | 37 | 2 | 8 |
| 2024 | 39 | 103 | 72 | 276 | 41 | 1 | 8 |
| 2023 | 37 | 102 | 69 | 282 | 43 | 0 | 8 |
| 2022 | 31 | 117 | 44 | 234 | 108 | 0 | 7 |
| 2021 | 23 | 124 | 53 | 235 | 114 | 0 | 3 |
| 2020 | 6 | 143 | 49 | 319 | 147 | 0 | 29 |
| 2019 | 12 | 158 | 42 | 332 | 164 | 0 | 24 |
| 2018 | 5 | 147 | 26 | 397 | 197 | 0 | 0 |
| 2017 | 5 | 112 | 79 | 488 | 84 | 0 | 0 |
| 2016 | 5 | 81 | 63 | 411 | 93 | 0 | 1 |
| 2015 | 4 | 87 | 77 | 374 | 97 | 0 | 8 |
| 2014 | 0 | 64 | 87 | 391 | 88 | 0 | 8 |
| 2013 | 0 | 73 | 87 | 366 | 88 | 0 | 8 |
| 2012 | 0 | 82 | 35 | 432 | 122 | 0 | 6 |
| 2011 | 0 | 124 | 42 | 449 | 128 | 0 | 3 |
Heating Oil (Fuel Oil) Use in Madison
Number two heating oil has become losing popularity in Madison. In the 6 years since 2019, the number of families using heating oil decreased from 332 to 272, a 18% drop.
Propane vs. Natural Gas use for home heating in Madison
Between 2019 and today, the number of homes using propane as the primary space heating fuel decreased from 158 to 103, a 35% change. Comparing 2019 and today, the number of homes using natural gas as the primary space heating fuel ramped up from 12 to 42, a 250% change.
Electricity use for home heating in Madison
Electric heat pump systems for home heating are increasing in demand in Madison. Since 2019, the number of homes heating with electricity rose from 42 to 74, a 76% change.
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Madison, NY Heating Oil Delivery Map

Madison Heating Oil Delivery Overview
272 families in Madison heat their homes with number two heating oil. This makes oil delivery essential, especially when Madison temperatures drop as low as 17.6° F each winter. 50% of Madison households depend on number two heating oil delivery each winter.
50% of Madison, NY Households Rely On Heating Oil Delivery Each Winter
| Madison, NY Households | Madison, NY Heating Oil Households |
|---|---|
| 540 | 272 |
7 Madison Fuel Oil Companies You Can Trust
With 664,748,714.28 gallons of heating oil delivered to Madison houses last winter, the Madison community relies on its 7 oil companies when temperatures dip. Oil delivery has two parts to it: First, an oil truck picks up oil at the nearest bulk fuel terminal (also known as a “rack”). In the case of Madison, two of the closest terminals are Sprague in Bridgeport, CT and N.h.term in New Haven, CT. Then, the truck delivers the fuel oil to residences and companies throughout Madison and the surrounding region.