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Save on Heating Oil: Compare Prices from 7 Franklin Lakes Suppliers

Oil Prices in Franklin Lakes, NJ

Updated on December 21, 2024 at 06:29 PM

Heating Oil CompanyOil Price Per GallonCash DiscountVolume Discount
Advantage Oil $2.79 Yes Yes
Bonded Oil $3.50 Yes Yes
Affordable Oil Call for price No No
NJ Easy Call for price No No
Deinrich Fuel Oil Inc Call for price No No
OrangeAlden Fuel Co Call for price No No
JW Pierson Co Call for price No No

Why Franklin Lakes Homeowners Choose Heat Fleet?

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We promote residential heating oil savings in Franklin Lakes by providing real-time Franklin lakes heating oil prices and state-of-the-art secure online ordering.

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Photo of De Gray House in Franklin Lakes, New Jersey

Franklin Lakes, NJ Cash heating Oil delivery map

Map of the COD Fuel Oil delivery service area for Franklin Lakes, NJ

Franklin Lakes, NJ Best Oil Prices Per Gallon

Order Size (gallons)Credit (per gallon)(/gal)Cash (per gallon)(/gal)Updated At
100$2.80 $2.80 Dec 21, 2024, 3:00 PM
150$2.74 $2.74 Dec 21, 2024, 3:00 PM
200$2.74 $2.74 Dec 21, 2024, 3:00 PM
250$2.74 $2.74 Dec 21, 2024, 3:00 PM

Franklin Lakes Heating Oil Price History

Updated on December 21, 2024 at 12:00 AM

DateAverage Oil Price
12/21/2024$3.147
12/20/2024$3.147
12/19/2024$3.147
12/18/2024$3.147
12/17/2024$3.147
12/16/2024$3.097
12/15/2024$3.097
12/14/2024$3.097
12/13/2024$3.097
12/12/2024$3.097
12/11/2024$3.097
12/10/2024$3.097
12/09/2024$3.097
12/08/2024$3.097
12/07/2024$3.097
12/06/2024$3.097
12/05/2024$3.097
12/04/2024$2.590
12/03/2024$2.725
12/02/2024$2.725
12/01/2024$2.892
11/30/2024$2.892
11/29/2024$2.892
11/28/2024$2.892
11/27/2024$3.062
11/26/2024$2.725
11/25/2024$2.862
11/24/2024$2.862
11/23/2024$2.862
11/22/2024$2.862

Propane vs. Natural Gas vs. Heating Oil: Franklin Lakes Home Heating Fuel Comparison

Homeowners have a variety of home heating fuels to choose from. Natural gas is the most popular choice in Franklin Lakes, used by 3,373 or 87.50% of homes. The 2nd most popular choice for Franklin Lakes homeowners is electricity, used by 302 homes (7.83%). The remaining homes are heated with heating oil (171), no fuel (7), propane (6).

Franklin Lakes Primary Home Heating Fuel Popularity by Number of Households

FuelFranklin Lakes Households % of Households
Natural Gas3,37387.5%
Electricity3027.8%
Heating Oil1714.4%
No Fuel70.2%
Propane60.2%

Natural gas (87.5%)

Electricity (7.8%)

Heating oil (4.4%)

No fuel (0.2%)

Propane (0.2%)

#2 Heating Oil (Fuel Oil) Use in Franklin Lakes

Heating oil has become more popular in Franklin Lakes. In the 5 years since 2017, the number of heating oil homes rose from 73 to 171, a 134.25% lift.

Franklin Lakes Heating Oil Households (2011 - 2022)

YearHeating Oil Households
2011204
2012210
2013168
2014155
201593
201673
201773
201860
2019155
2020167
2021169
2022171

Propane vs. Natural Gas use for home heating in Franklin Lakes

Between 2017 and today, the number of homes using propane as the primary space heating fuel fell from 25 to 6.

Between 2017 and today, the number of homes using natural gas as the primary space heating fuel fell from 3,567 to 3,373.

Electricity use for home heating in Franklin Lakes

Electric space heating systems are becoming more popular in Franklin Lakes. Since 2017, the number of homes heating with electricity rose from 183 to 302, a 65.03% increase.

Solar use for home heating in Franklin Lakes

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.

Homeowners in Franklin Lakes have not yet adopted solar heating.

Franklin Lakes, NJ Heating Oil Trends

Last year, Franklin Lakes homeowners purchased a total of 112,375 gallons of heating oil. Out of the 409 towns in New Jersey, Franklin Lakes ranks 306th for home heating oil consumption.

Country-wide, Franklin Lakes ranks 3731st out of 29,620 towns in America for heating oil consumption.

Short Term Trends

Franklin Lakes’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 Franklin Lakes, the average outside temperature was 4.2° F warmer than the prior winter's average outside temperature.

Franklin Lakes Average Winter Temperature

Heating SeasonAverage Temperature
2024 - 202541.2° F
2023 - 202437° F

Franklin Lakes Homeowner’s Guide to Selecting an Oil Company

For Franklin Lakes homeowners heating with oil, selecting which of the 7 heating oil companies that serve Franklin Lakes 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 1 “full-service” oil companies that serve Franklin Lakes. Full service companies such as Advantage Oil or undefined 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 Franklin Lakes 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 Franklin Lakes include Affordable Oil and Deinrich Fuel Oil Inc.

Franklin Lakes Heating Oil Company Fast Facts

Heating Oil Companies Serving Franklin Lakes: 7 companies

Average Distance From Oil Company to Franklin Lakes: 18 miles

Average Number Of Franklin Lakes Homes Served Per Company: 24 homes

Average Gallons Delivered per Franklin Lakes Oil Company: 16,053 gallons per year

Franklin Lakes, NJ Heating Oil Delivery Overview

Approximately 171 households in Franklin Lakes, NJ heat their homes with fuel oil. This makes oil delivery essential, especially when Franklin Lakes, NJ temperatures drop as low as 42.5° F each winter.

4% of Franklin Lakes, NJ Households Rely On Heating Oil Delivery Each Winter

Franklin Lakes, NJ HouseholdsFranklin Lakes, NJ Heating Oil Households
3,855171

7 Franklin Lakes, NJ Oil Companies Go the Distance

With 112,374 gallons of heating oil delivered to Franklin Lakes, NJ homeowners during the winter of 2023, the Franklin Lakes, NJ community relies on its 7 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 Franklin Lakes, NJ, two of the closest terminals are Etmt in Newark Proper, NJ and Etmt in Newark, NJ. Then, the truck delivers the #2 heating oil to homes and businesses in Franklin Lakes, NJ.

Franklin Lakes Heating Oil Prices FAQs

What is the best price per gallon of home heating oil in Franklin Lakes, NJ?

The best price of home heating oil in Franklin Lakes, NJ today is $2.80 per gallon. The price of heating oil in Franklin Lakes, NJ ranges from a low of $2.80 to a high of $3.50. The average heating oil price in New Jersey state is $3.15.

How much does 100 gallons of heating oil cost in Franklin Lakes, NJ?

On average, 100 gallons of heating oil costs $315.00 in Franklin Lakes, NJ. Prices range from $279.50 to $350.00, depending on the oil company.

Is the price of heating oil in Franklin Lakes, NJ rising or falling?

The price of heating oil in Franklin Lakes, NJ has been falling over the last 7 days, with a total decrease of $0.30 per gallon.

What is the average price of home heating oil in Franklin Lakes, NJ?

The average price of home heating oil in Franklin Lakes, NJ is $3.15 per gallon.

What is the price of home heating oil today in Franklin Lakes, NJ?

Today in Franklin Lakes, NJ, the price of home heating oil is $2.80 per gallon, which amounts to $279.50 for a 100-gallon order (excluding any applicable taxes).

What is the current price of heating oil in Franklin Lakes, NJ?

The current price of heating oil in Franklin Lakes, NJ ranges from $2.80 to $3.50 per gallon, depending on the delivery address and the oil company. The average price is $3.15 per gallon.

How much is home heating oil right now in Franklin Lakes, NJ?

The current price of home heating oil in Franklin Lakes, NJ ranges from $2.80 to $3.50 per gallon for a 100-gallon order paid by credit card. Prices can vary based on location, and cash or volume discounts may be available.

Is heating oil going up or down in Franklin Lakes, NJ?

Heating oil prices have gone down in Franklin Lakes, NJ by $0.30 per gallon over the past 7 days, which amounts to a $30.00 for a 100-gallon order.

How much is oil per gallon in Franklin Lakes, NJ?

As of today, December 21st, 2024, the average price of oil is $3.15 per gallon for a 100-gallon order paid by credit card. Prices can vary from $2.80 to $3.50 per gallon, depending on factors such as delivery address, oil company, order size, and payment method.

How much is oil for heat in Franklin Lakes, NJ?

Currently, the price of oil for heating in Franklin Lakes, NJ ranges from $2.80 to $3.50 per gallon for a 100-gallon delivery. Some oil companies offer various discounts, including cash discounts, volume discounts, military discounts, and senior discounts.

How high will oil go in Franklin Lakes, NJ?

There’s no limit to how high oil prices can go in Franklin Lakes, NJ. Over the past year, Franklin Lakes, NJ heating oil prices per gallon have risen as high as $5.51 for a 100-gallon order. This is $2.36 per gallon more than the current average price of $3.15, and $2.72 per gallon more than the lowest price currently available, which is $2.80. Home heating oil prices fluctuate daily based on several factors, including demand, local fuel inventories at terminals (such as CITGO), and the price of crude oil.

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