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Updated Today at 02:34 AM
Heating Oil Company | Oil Price Per Gallon | Cash Discount | Volume Discount |
---|---|---|---|
Pedersen Oil Company | $2.90 | Yes | Yes |
Apple Heating Oil | $2.89 | Yes | Yes |
Harvest Green Energy | $3.12 | Yes | Yes |
Advantage Oil | $2.63 | 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 |
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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 |
Updated Today at 12:00 AM
Time Horizon | Price Change |
---|---|
1 Week Trend | +$0.162 |
1 Month Trend | +$0.016 |
1 Year Trend | -$0.732 |
Updated Today at 12:00 AM
Date | Average Oil Price |
---|---|
11/21/2024 | $2.967 |
11/20/2024 | $2.967 |
11/19/2024 | $3.052 |
11/18/2024 | $2.957 |
11/17/2024 | $2.805 |
11/16/2024 | $2.805 |
11/15/2024 | $2.805 |
11/14/2024 | $2.805 |
11/13/2024 | $2.805 |
11/12/2024 | $2.805 |
11/11/2024 | $2.909 |
11/10/2024 | $2.909 |
11/09/2024 | $2.909 |
11/08/2024 | $2.911 |
11/07/2024 | $2.911 |
11/06/2024 | $2.911 |
11/05/2024 | $2.911 |
11/04/2024 | $2.911 |
11/03/2024 | $2.911 |
11/02/2024 | $2.911 |
11/01/2024 | $2.911 |
10/31/2024 | $2.911 |
10/30/2024 | $2.919 |
10/29/2024 | $2.926 |
10/28/2024 | $2.926 |
10/27/2024 | $2.951 |
10/26/2024 | $2.951 |
10/25/2024 | $2.951 |
10/24/2024 | $2.951 |
10/23/2024 | $2.939 |
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%)
Heating oil has become less popular in Madison. In the 4 years since 2018, the number of heating oil homes fell from 221 to 135, a 38.91% 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 |
Between 2018 and today, the number of homes using propane as the primary space heating fuel rose from 37 to 158.
Between 2018 and today, the number of homes using natural gas as the primary space heating fuel rose from 4,829 to 4,921.
Electric space heating systems are becoming more popular in Madison. Since 2018, the number of homes heating with electricity rose from 342 to 453, a 32.46% 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.
Currently, 11 homes in Madison are heated with active solar arrays. This is a 59.26% decrease from 2018, when only 27 homes had installed active solar heating.
Last year, Madison homeowners purchased a total of 88,717 gallons of heating oil. Out of the 409 towns in New Jersey, Madison ranks 340th for home heating oil consumption.
Country-wide, Madison ranks 4111st 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 6.0° F warmer than the prior winter's average outside temperature.
Madison Average Winter Temperature
Heating Season | Average Temperature |
---|---|
Winter 2023 - 2024 | 38.5° F |
Winter 2022 - 2023 | 32.5° F |
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
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.
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