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Save on Heating Oil: Compare Prices from 21 Madison Suppliers

Oil Prices in Madison, NJ

Updated on December 21, 2024 at 08:30 PM

Heating Oil Company	Oil Price Per Gallon	Cash Discount	Volume Discount
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

Why Madison Homeowners Choose Heat Fleet?

Quality Oil

On-Time Delivery

No Contracts

Trusted Madison Providers

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4 interest free payments with

Heat Fleet Champions Madison Homeowners

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

Madison, NJ Cash heating Oil delivery map

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

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

Madison Heating Oil Price Trends

Updated on December 21, 2024 at 12:00 AM

Time Horizon	Price Change
1 Week Trend	+$0.084
1 Month Trend	+$0.118
1 Year Trend	-$0.478

Madison Heating Oil Price History

Updated on December 21, 2024 at 12:00 AM

Date	Average Oil Price
12/21/2024	$3.035
12/20/2024	$3.035
12/19/2024	$2.989
12/18/2024	$2.935
12/17/2024	$2.964
12/16/2024	$2.951
12/15/2024	$2.951
12/14/2024	$2.951
12/13/2024	$2.951
12/12/2024	$2.951
12/11/2024	$2.951
12/10/2024	$2.951
12/09/2024	$2.951
12/08/2024	$2.957
12/07/2024	$2.957
12/06/2024	$2.957
12/05/2024	$2.951
12/04/2024	$2.888
12/03/2024	$2.915
12/02/2024	$2.915
12/01/2024	$2.909
11/30/2024	$2.909
11/29/2024	$2.909
11/28/2024	$2.937
11/27/2024	$2.937
11/26/2024	$2.937
11/25/2024	$2.937
11/24/2024	$2.995
11/23/2024	$2.995
11/22/2024	$2.995

Propane vs. Natural Gas vs. Heating Oil: Madison Home Heating Fuel Comparison

Homeowners have a variety of home heating fuels to choose from. Natural gas is the most popular choice in Madison, used by 4,921 or 86.87% of homes. The 2nd most popular choice for Madison homeowners is electricity, used by 453 homes (8.00%). The remaining homes are heated with propane (158), heating oil (135), solar (11), and other fuels (6).

Madison Primary Home Heating Fuel Popularity by Number of Households

Fuel	Madison Households	% of Households
Natural Gas	4,921	86.9%
Electricity	453	8.0%
Propane	158	2.8%
Heating Oil	135	2.4%
Solar	11	0.2%
No Fuel	6	0.1%

Natural gas (86.9%)

Electricity (8.0%)

Propane (2.8%)

Heating oil (2.4%)

Solar (0.2%)

No fuel (0.1%)

#2 Heating Oil (Fuel Oil) Use in Madison

Heating oil has become less popular in Madison. In the 3 years since 2019, the number of heating oil homes fell from 245 to 135, a 44.90% drop.

Madison Heating Oil Households (2011 - 2022)

Year	Heating Oil Households
2011	339
2012	373
2013	414
2014	324
2015	293
2016	287
2017	252
2018	221
2019	245
2020	131
2021	133
2022	135

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 rose from 34 to 158.

Between 2019 and today, the number of homes using natural gas as the primary space heating fuel rose from 4,991 to 4,921.

Electricity use for home heating in Madison

Electric space heating systems are becoming more popular in Madison. Since 2019, the number of homes heating with electricity rose from 300 to 453, a 51.00% increase.

Solar use for home heating in Madison

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.

Currently, 11 homes in Madison are heated with active solar arrays. This is a 0.00% decrease from 2019, when only 11 homes had installed active solar heating.

Madison, NJ Heating Oil Trends

Last year, Madison homeowners purchased a total of 88,717 gallons of heating oil. Out of the 409 towns in New Jersey, Madison ranks 340^th for home heating oil consumption.

Country-wide, Madison ranks 4111^st out of 29,620 towns in America for heating oil consumption.

Short Term Trends

Madison’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 Madison, the average outside temperature was 4.0° F warmer than the prior winter's average outside temperature.

Madison Average Winter Temperature

Heating Season	Average Temperature
2024 - 2025	42.1° F
2023 - 2024	38.1° F

Madison Homeowner’s Guide to Selecting an Oil Company

For Madison homeowners heating with oil, selecting which of the 21 heating oil companies that serve Madison 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 Madison. 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 Madison 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 Madison include Affordable Oil and Longhorn Oil Company.

Madison Heating Oil Company Fast Facts

Heating Oil Companies Serving Madison: 21 companies

Average Distance From Oil Company to Madison: 18 miles

Average Number Of Madison Homes Served Per Company: 6 homes

Average Gallons Delivered per Madison Oil Company: 4,224 gallons per year

Madison, NJ Heating Oil Delivery Overview

Approximately 135 households in Madison, NJ heat their homes with fuel oil. This makes oil delivery essential, especially when Madison, NJ temperatures drop as low as 42.5° F each winter.

2% of Madison, NJ Households Rely On Heating Oil Delivery Each Winter

Madison, NJ Households	Madison, NJ Heating Oil Households
5,665	135

21 Madison, NJ Oil Companies Go the Distance

With 88,716 gallons of heating oil delivered to Madison, NJ homeowners during the winter of 2023, the Madison, NJ community relies on its 21 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 Madison, 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 Madison, NJ.

Madison Heating Oil Prices FAQs

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

The best price of home heating oil in Madison, NJ today is $2.80 per gallon. The price of heating oil in Madison, NJ ranges from a low of $2.80 to a high of $3.16. The average heating oil price in New Jersey state is $3.04.

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

On average, 100 gallons of heating oil costs $304.00 in Madison, NJ. Prices range from $279.50 to $316.00, depending on the oil company.

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

The price of heating oil in Madison, NJ has been falling over the last 7 days, with a total decrease of $0.16 per gallon.

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

The average price of home heating oil in Madison, NJ is $3.04 per gallon.

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

Today in Madison, 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 Madison, NJ?

The current price of heating oil in Madison, NJ ranges from $2.80 to $3.16 per gallon, depending on the delivery address and the oil company. The average price is $3.04 per gallon.

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

The current price of home heating oil in Madison, NJ ranges from $2.80 to $3.16 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 Madison, NJ?

Heating oil prices have gone down in Madison, NJ by $0.16 per gallon over the past 7 days, which amounts to a $16.00 for a 100-gallon order.

How much is oil per gallon in Madison, NJ?

As of today, December 21st, 2024, the average price of oil is $3.04 per gallon for a 100-gallon order paid by credit card. Prices can vary from $2.80 to $3.16 per gallon, depending on factors such as delivery address, oil company, order size, and payment method.

How much is oil for heat in Madison, NJ?

Currently, the price of oil for heating in Madison, NJ ranges from $2.80 to $3.16 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 Madison, NJ?

There’s no limit to how high oil prices can go in Madison, NJ. Over the past year, Madison, NJ heating oil prices per gallon have risen as high as $6.25 for a 100-gallon order. This is $3.22 per gallon more than the current average price of $3.04, and $3.46 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.