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Save on Heating Oil: Compare Prices from 24 Summit Suppliers
Oil Prices in Summit, NJ
Updated on December 21, 2024 at 08:30 PM
| Heating Oil Company | Oil Price Per Gallon | Cash Discount | Volume Discount |
|---|---|---|---|
| Bacardi Oil Service | $2.88 | Yes | Yes |
| Harvest Green Energy | $3.16 | Yes | Yes |
| Advantage Oil | $2.79 | Yes | Yes |
| National Fuel Oil Inc | $3.15 | Yes | Yes |
| Affordable Oil | Call for price | No | No |
| Longhorn Oil Company | Call for price | No | No |
| Pedersen Oil Company | Call for price | No | No |
| Apple Heating Oil | Call for price | No | No |
| NJ Easy | Call for price | No | No |
| Atlantic Fuel Co | Call for price | No | No |
| John Duffy Energy | Call for price | No | No |
| Ariba Oil | Call for price | No | No |
| Fleet Fuel | Call for price | No | No |
| G and R Fuel Inc | Call for price | No | No |
| B&M Oil and Gas | Call for price | No | No |
| Hutch Fuel Oil | Call for price | No | No |
| Deinrich Fuel Oil Inc | Call for price | No | No |
| Woolley Home Solutions | Call for price | No | No |
| OrangeAlden Fuel Co | Call for price | No | No |
| Majora Fuel | Call for price | No | No |
| JW Pierson Co | Call for price | No | No |
| Tomasso Bros Energy | Call for price | No | No |
| George Oil Co | Call for price | No | No |
| Theodor V Cebula Inc | Call for price | No | No |
Why Summit Homeowners Choose Heat Fleet?
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We promote residential heating oil savings in Summit by providing real-time Summit heating oil prices and state-of-the-art secure online ordering.
Summit, NJ Cash heating Oil delivery map
Summit, 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 |
Summit Heating Oil Price Trends
Updated on December 21, 2024 at 12:00 AM
| Time Horizon | Price Change |
|---|---|
| 1 Week Trend | +$0.057 |
| 1 Month Trend | +$0.102 |
| 1 Year Trend | -$0.517 |
Summit Heating Oil Price History
Updated on December 21, 2024 at 12:00 AM
| Date | Average Oil Price |
|---|---|
| 12/21/2024 | $2.996 |
| 12/20/2024 | $2.996 |
| 12/19/2024 | $2.967 |
| 12/18/2024 | $2.921 |
| 12/17/2024 | $2.947 |
| 12/16/2024 | $2.939 |
| 12/15/2024 | $2.939 |
| 12/14/2024 | $2.939 |
| 12/13/2024 | $2.939 |
| 12/12/2024 | $2.939 |
| 12/11/2024 | $2.931 |
| 12/10/2024 | $2.931 |
| 12/09/2024 | $2.931 |
| 12/08/2024 | $2.936 |
| 12/07/2024 | $2.936 |
| 12/06/2024 | $2.936 |
| 12/05/2024 | $2.931 |
| 12/04/2024 | $2.878 |
| 12/03/2024 | $2.901 |
| 12/02/2024 | $2.901 |
| 12/01/2024 | $2.893 |
| 11/30/2024 | $2.893 |
| 11/29/2024 | $2.893 |
| 11/28/2024 | $2.919 |
| 11/27/2024 | $2.919 |
| 11/26/2024 | $2.919 |
| 11/25/2024 | $2.919 |
| 11/24/2024 | $2.967 |
| 11/23/2024 | $2.967 |
| 11/22/2024 | $2.967 |
Propane vs. Natural Gas vs. Heating Oil: Summit Home Heating Fuel Comparison
Homeowners have a variety of home heating fuels to choose from. Natural gas is the most popular choice in Summit, used by 6,964 or 80.02% of homes. The 2nd most popular choice for Summit homeowners is electricity, used by 891 homes (10.24%). The remaining homes are heated with heating oil (623), propane (194), no fuel (66).
Summit Primary Home Heating Fuel Popularity by Number of Households
| Fuel | Summit Households | % of Households |
|---|---|---|
| Natural Gas | 6,964 | 80.0% |
| Electricity | 891 | 10.2% |
| Heating Oil | 623 | 7.2% |
| Propane | 194 | 2.2% |
| No Fuel | 66 | 0.8% |
Natural gas (80.0%)
Electricity (10.2%)
Heating oil (7.2%)
Propane (2.2%)
No fuel (0.8%)
#2 Heating Oil (Fuel Oil) Use in Summit
Heating oil has become more popular in Summit. In the 2 years since 2020, the number of heating oil homes rose from 572 to 623, a 8.92% lift.
Summit Heating Oil Households (2011 - 2022)
| Year | Heating Oil Households |
|---|---|
| 2011 | 912 |
| 2012 | 964 |
| 2013 | 885 |
| 2014 | 737 |
| 2015 | 741 |
| 2016 | 512 |
| 2017 | 420 |
| 2018 | 367 |
| 2019 | 355 |
| 2020 | 572 |
| 2021 | 597 |
| 2022 | 623 |
Propane vs. Natural Gas use for home heating in Summit
Between 2020 and today, the number of homes using propane as the primary space heating fuel rose from 184 to 194.
Between 2020 and today, the number of homes using natural gas as the primary space heating fuel rose from 7,040 to 6,964.
Electricity use for home heating in Summit
Electric space heating systems are becoming more popular in Summit. Since 2020, the number of homes heating with electricity rose from 523 to 891, a 70.36% increase.
Solar use for home heating in Summit
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 Summit have not yet adopted solar heating.
Summit, NJ Heating Oil Trends
Last year, Summit homeowners purchased a total of 409,411 gallons of heating oil. Out of the 409 towns in New Jersey, Summit ranks 137th for home heating oil consumption.
Country-wide, Summit ranks 1779th out of 29,620 towns in America for heating oil consumption.
Short Term Trends
Summit’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 Summit, the average outside temperature was 4.3° F warmer than the prior winter's average outside temperature.
Summit Average Winter Temperature
| Heating Season | Average Temperature |
|---|---|
| 2024 - 2025 | 43.2° F |
| 2023 - 2024 | 38.9° F |
Summit Homeowner’s Guide to Selecting an Oil Company
For Summit homeowners heating with oil, selecting which of the 24 heating oil companies that serve Summit 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 Summit. 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 Summit 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 Summit include Affordable Oil and Longhorn Oil Company.
Summit Heating Oil Company Fast Facts
Heating Oil Companies Serving Summit: 24 companies
Average Distance From Oil Company to Summit: 18 miles
Average Number Of Summit Homes Served Per Company: 25 homes
Average Gallons Delivered per Summit Oil Company: 17,058 gallons per year
Summit, NJ Heating Oil Delivery Overview
Approximately 623 households in Summit, NJ heat their homes with fuel oil. This makes oil delivery essential, especially when Summit, NJ temperatures drop as low as 42.5° F each winter.
7% of Summit, NJ Households Rely On Heating Oil Delivery Each Winter
| Summit, NJ Households | Summit, NJ Heating Oil Households |
|---|---|
| 8,703 | 623 |
24 Summit, NJ Oil Companies Go the Distance
With 409,411 gallons of heating oil delivered to Summit, NJ homeowners during the winter of 2023, the Summit, NJ community relies on its 24 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 Summit, NJ, two of the closest terminals are Psx in Linden, NJ and Psx in Linden, NJ. Then, the truck delivers the #2 heating oil to homes and businesses in Summit, NJ.
Summit Heating Oil Prices FAQs
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