Cities In Cape Cod with Local Oil Prices

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Cape Cod Heating Oil Price Trends

Updated Today at 12:00 AM

Time Horizon	Price Change
1 Day Trend	-$0.007
1 Week Trend	+$0.028
1 Month Trend	-$0.160
1 Year Trend	-$0.136

Cape Cod Heating Oil Price History

Updated Today at 12:00 AM

Date	Average Oil Price
11/21/2024	$3.100
11/20/2024	$3.110
11/19/2024	$3.070
11/18/2024	$3.050
11/17/2024	$3.050
11/16/2024	$3.050
11/15/2024	$3.050
11/14/2024	$3.050
11/13/2024	$3.050
11/12/2024	$3.050
11/11/2024	$3.080
11/10/2024	$3.080
11/09/2024	$3.080
11/08/2024	$3.050
11/07/2024	$3.050
11/06/2024	$3.050
11/05/2024	$3.050
11/04/2024	$3.050
11/03/2024	$3.050
11/02/2024	$3.050
11/01/2024	$3.050
10/31/2024	$3.050
10/30/2024	$3.050
10/29/2024	$3.020
10/28/2024	$3.020
10/27/2024	$3.020
10/26/2024	$3.020
10/25/2024	$3.010
10/24/2024	$3.010
10/23/2024	$3.010

Propane vs. Natural Gas vs. Heating Oil: Cape Cod Home Heating Fuel Comparison

Homeowners have a variety of home heating fuels to choose from. Natural gas is the most popular choice in Cape Cod, used by 62,395 or 62.83% of homes. The 2nd most popular choice for Cape Cod homeowners is heating oil, used by 21,024 homes (21.17%). The remaining homes are heated with electricity (11,229), propane (4,339), wood (1,401), and other fuels (1,064).

Cape Cod Primary Home Heating Fuel Popularity by Number of Households

Fuel	Cape Cod Households	% of Households
Natural Gas	62,395	62.8%
Heating Oil	21,024	21.2%
Electricity	11,229	11.3%
Propane	4,339	4.4%
Wood	1,401	1.4%
Other Fuels	375	0.4%
No Fuel	321	0.3%
Solar	292	0.3%
Coal	76	0.1%

Natural gas (62.8%)

Heating oil (21.2%)

Electricity (11.3%)

Propane (4.4%)

Wood (1.4%)

Other fuels (0.4%)

No fuel (0.3%)

Solar (0.3%)

Coal (0.1%)

#2 Heating Oil (Fuel Oil) Use in Cape Cod

Heating oil has become less popular in Cape Cod. In the 3 years since 2019, the number of heating oil homes fell from 21,889 to 21,024, a 3.95% drop.

Cape Cod Heating Oil Households (2011 - 2022)

Year	Heating Oil Households
2011	29,024
2012	27,915
2013	27,051
2014	25,814
2015	25,256
2016	24,183
2017	23,375
2018	22,357
2019	21,889
2020	21,205
2021	20,709
2022	21,024

Propane vs. Natural Gas use for home heating in Cape Cod

Between 2019 and today, the number of homes using propane as the primary space heating fuel rose from 2,400 to 4,339.

Between 2019 and today, the number of homes using natural gas as the primary space heating fuel rose from 57,357 to 62,395.

Electricity use for home heating in Cape Cod

Electric space heating systems are becoming more popular in Cape Cod. Since 2019, the number of homes heating with electricity rose from 9,553 to 11,229, a 17.54% increase.

Solar use for home heating in Cape Cod

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, 292 homes in Cape Cod are heated with active solar arrays. This is a 116.30% increase from 2019, when only 135 homes had installed active solar heating.

Cape Cod Heating Oil Trends

Last year, Cape Cod homeowners purchased a total of 582 million gallons of heating oil.

Short Term Trends

Cape Cod’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 Cape Cod, the average outside temperature was 1.1° F warmer than the prior winter's average outside temperature.

Cape Cod Average Winter Temperature

Heating Season	Average Temperature
Winter 2023 - 2024	38.9° F
Winter 2022 - 2023	37.8° F

Cape Cod Homeowner’s Guide to Selecting an Oil Company

For Cape Cod homeowners heating with oil, selecting which of the 358 heating oil companies that serve Cape Cod 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 173 “full-service” oil companies that serve Cape Cod. Full service companies such as ScudderTaylor Oil Co or Hall Oil Co Inc 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 Cape Cod 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 Cape Cod include Market Price Oil and B&B Fuel.

Cape Cod Heating Oil Company Fast Facts

Heating Oil Companies Serving Cape Cod: 358 companies

Average Number Of Cape Cod Homes Served Per Company: 59 homes

Cape Cod Heating Oil Delivery Overview

Approximately 292,611 households in Cape Cod heat their homes with fuel oil. This makes oil delivery essential, especially when Cape Cod temperatures drop as low as 42.5° F each winter.

25% of Cape Cod Households Rely On Heating Oil Delivery Each Winter

Cape Cod Households	Cape Cod Heating Oil Households
1.1M	292,611

358 Cape Cod Oil Companies Go the Distance

With 582 million gallons of heating oil delivered to Cape Cod homeowners during the winter of 2023, the Cape Cod community relies on its 358 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 Cape Cod, two of the closest terminals are S.r.& M. in East Boston, MA and S.r.& M. in East Boston, MA. Then, the truck delivers the #2 heating oil to homes and businesses in Cape Cod.