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Updated on December 21, 2024 at 06:29 PM
Heating Oil Company | Oil Price Per Gallon | Cash Discount | Volume 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 |
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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 |
Updated on December 21, 2024 at 12:00 AM
Date | Average 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 |
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
Fuel | Franklin Lakes Households | % of Households |
---|---|---|
Natural Gas | 3,373 | 87.5% |
Electricity | 302 | 7.8% |
Heating Oil | 171 | 4.4% |
No Fuel | 7 | 0.2% |
Propane | 6 | 0.2% |
Natural gas (87.5%)
Electricity (7.8%)
Heating oil (4.4%)
No fuel (0.2%)
Propane (0.2%)
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)
Year | Heating Oil Households |
---|---|
2011 | 204 |
2012 | 210 |
2013 | 168 |
2014 | 155 |
2015 | 93 |
2016 | 73 |
2017 | 73 |
2018 | 60 |
2019 | 155 |
2020 | 167 |
2021 | 169 |
2022 | 171 |
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.
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 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.
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 Season | Average Temperature |
---|---|
2024 - 2025 | 41.2° F |
2023 - 2024 | 37° F |
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
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 Households | Franklin Lakes, NJ Heating Oil Households |
---|---|
3,855 | 171 |
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.
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