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Save on Heating Oil: Compare Prices from 24 Summit Suppliers

Oil Prices in Summit, NJ

Updated Today at 01:09 AM

Heating Oil CompanyOil Price Per GallonCash DiscountVolume Discount
Advantage Oil $2.63 Yes Yes
Pedersen Oil Company $2.90 Yes Yes
Apple Heating Oil $2.89 Yes Yes
Bacardi Oil Service $2.78 Yes Yes
Harvest Green Energy $3.12 Yes Yes
National Fuel Oil Inc $3.30 Yes Yes
Affordable Oil Call for price No No
Longhorn Oil Company 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

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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.

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Photo of Saint Theresa of Avila Church in Summit, New Jersey

Summit, NJ Cash heating Oil delivery map

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

Summit, NJ Best Oil Prices Per Gallon

Order Size (gallons)Credit (per gallon)(/gal)Cash (per gallon)(/gal)Updated At
100$2.63 $2.63 Nov 20, 2024, 3:00 PM
150$2.63 $2.63 Nov 20, 2024, 3:00 PM
200$2.63 $2.63 Nov 20, 2024, 3:00 PM
250$2.63 $2.63 Nov 20, 2024, 3:00 PM

Summit Heating Oil Price Trends

Updated Today at 12:00 AM

Time HorizonPrice Change
1 Week Trend+$0.134
1 Month Trend+$0.017
1 Year Trend-$0.770

Summit Heating Oil Price History

Updated Today at 12:00 AM

DateAverage Oil Price
11/21/2024$2.936
11/20/2024$2.936
11/19/2024$2.998
11/18/2024$2.911
11/17/2024$2.774
11/16/2024$2.774
11/15/2024$2.774
11/14/2024$2.801
11/13/2024$2.801
11/12/2024$2.801
11/11/2024$2.889
11/10/2024$2.889
11/09/2024$2.889
11/08/2024$2.891
11/07/2024$2.891
11/06/2024$2.891
11/05/2024$2.891
11/04/2024$2.891
11/03/2024$2.891
11/02/2024$2.891
11/01/2024$2.891
10/31/2024$2.891
10/30/2024$2.898
10/29/2024$2.899
10/28/2024$2.899
10/27/2024$2.919
10/26/2024$2.919
10/25/2024$2.919
10/24/2024$2.919
10/23/2024$2.909

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

FuelSummit Households % of Households
Natural Gas6,96480.0%
Electricity89110.2%
Heating Oil6237.2%
Propane1942.2%
No Fuel660.8%

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 less popular in Summit. In the 9 years since 2013, the number of heating oil homes fell from 885 to 623, a 29.60% drop.

Summit Heating Oil Households (2011 - 2022)

YearHeating Oil Households
2011912
2012964
2013885
2014737
2015741
2016512
2017420
2018367
2019355
2020572
2021597
2022623

Propane vs. Natural Gas use for home heating in Summit

Between 2013 and today, the number of homes using propane as the primary space heating fuel rose from 26 to 194.

Between 2013 and today, the number of homes using natural gas as the primary space heating fuel rose from 6,523 to 6,964.

Electricity use for home heating in Summit

Electric space heating systems are becoming more popular in Summit. Since 2013, the number of homes heating with electricity rose from 754 to 891, a 18.17% 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 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 HouseholdsSummit, NJ Heating Oil Households
8,703623

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

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

The best price of home heating oil in Summit, NJ today is $2.63 per gallon. The price of heating oil in Summit, NJ ranges from a low of $2.63 to a high of $3.30. The average heating oil price in New Jersey state is $2.94.

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

On average, 100 gallons of heating oil costs $294.00 in Summit, NJ. Prices range from $262.50 to $330.00, depending on the oil company.

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

The price of heating oil in Summit, NJ has been falling over the last 7 days, with a total decrease of $0.23 per gallon.

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

The average price of home heating oil in Summit, NJ is $2.94 per gallon.

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

Today in Summit, NJ, the price of home heating oil is $2.63 per gallon, which amounts to $262.50 for a 100-gallon order (excluding any applicable taxes).

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

The current price of heating oil in Summit, NJ ranges from $2.63 to $3.30 per gallon, depending on the delivery address and the oil company. The average price is $2.94 per gallon.

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

The current price of home heating oil in Summit, NJ ranges from $2.63 to $3.30 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 Summit, NJ?

Heating oil prices have down in Summit, NJ by $0.23 per gallon over the past 7 days, which amounts to a $23.00 for a 100-gallon order.

How much is oil per gallon in Summit, NJ?

As of today, November 21st, 2024, the average price of oil is $2.94 per gallon for a 100-gallon order paid by credit card. Prices can vary from $2.63 to $3.30 per gallon, depending on factors such as delivery address, oil company, order size, and payment method.

How much is oil for heat in Summit, NJ?

Currently, the price of oil for heating in Summit, NJ ranges from $2.63 to $3.30 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 Summit, NJ?

There’s no limit to how high oil prices can go in Summit, NJ. Over the past year, Summit, NJ heating oil prices per gallon have risen as high as $6.13 for a 100-gallon order. This is $3.19 per gallon more than the current average price of $2.94, and $3.50 per gallon more than the lowest price currently available, which is $2.63. 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.

Heating Oil Prices Near You In These Adjacent Towns