Cheapest New London County Heating Oil Price History
Updated Today at 08:00 AM
| Date | Price |
|---|---|
| 02/15/2026 | $3.450 |
| 02/14/2026 | $3.450 |
| 02/13/2026 | $3.450 |
| 02/12/2026 | $3.450 |
| 02/11/2026 | $3.450 |
| 02/10/2026 | $3.450 |
| 02/09/2026 | $3.450 |
| 02/08/2026 | $3.450 |
| 02/07/2026 | $3.450 |
| 02/06/2026 | $3.450 |
| 02/05/2026 | $3.371 |
| 02/04/2026 | $3.371 |
| 02/03/2026 | $2.680 |
| 02/02/2026 | $3.347 |
| 02/01/2026 | $3.318 |
| 01/31/2026 | $3.318 |
| 01/30/2026 | $3.318 |
| 01/29/2026 | $3.199 |
| 01/28/2026 | $3.099 |
| 01/27/2026 | $2.989 |
| 01/26/2026 | $2.989 |
| 01/25/2026 | $2.942 |
| 01/24/2026 | $2.942 |
| 01/23/2026 | $2.942 |
| 01/22/2026 | $2.864 |
| 01/21/2026 | $2.830 |
| 01/20/2026 | $2.830 |
| 01/19/2026 | $2.890 |
| 01/18/2026 | $2.890 |
| 01/17/2026 | $2.890 |
Propane vs. Natural Gas vs. Heating Oil: New London Home Heating Fuel Comparison
Families have a choice of fuels that can be used when it comes to heating. Natural Gas is the most common choice in New London, used by 537,918 or 37% of families. The next most popular primary heating fuel for New London residents is Heating Oil, used by 491,612 homes (34%). The other homes are heated with Electricity (21%), Propane (6%), Wood (1%), and Other (1%).
New London County Residential Primary Home Heating Fuel (in Number of Households)
| Year | Natural Gas | Propane | Electricity | Oil | Wood | Solar | Other |
|---|---|---|---|---|---|---|---|
| 2025 | 537,918 | 88,504 | 302,730 | 491,612 | 19,550 | 6,488 | 10,689 |
| 2024 | 526,146 | 82,630 | 293,463 | 509,593 | 21,103 | 5,852 | 10,146 |
| 2023 | 530,315 | 92,469 | 276,839 | 496,091 | 19,885 | 4,238 | 15,392 |
| 2022 | 519,969 | 86,596 | 262,494 | 520,424 | 18,487 | 2,985 | 13,466 |
| 2021 | 506,772 | 80,721 | 258,306 | 532,053 | 22,992 | 2,966 | 14,306 |
| 2020 | 503,622 | 73,848 | 247,960 | 533,736 | 22,648 | 1,909 | 11,330 |
| 2019 | 500,471 | 66,974 | 237,614 | 535,420 | 22,304 | 852 | 8,355 |
| 2018 | 497,422 | 60,526 | 232,420 | 549,036 | 22,954 | 1,579 | 8,782 |
| 2017 | 478,136 | 55,608 | 219,208 | 562,247 | 24,510 | 1,029 | 10,257 |
| 2016 | 476,852 | 55,631 | 230,532 | 554,283 | 23,580 | 900 | 9,232 |
| 2015 | 471,195 | 51,915 | 214,414 | 561,996 | 29,530 | 937 | 8,159 |
| 2014 | 464,748 | 49,540 | 212,031 | 576,948 | 34,478 | 554 | 11,670 |
| 2013 | 449,787 | 46,397 | 209,463 | 585,757 | 29,361 | 401 | 10,236 |
| 2012 | 442,443 | 43,849 | 212,708 | 615,734 | 27,351 | 378 | 9,891 |
| 2011 | 437,840 | 43,778 | 207,267 | 625,164 | 25,707 | 611 | 7,588 |
| 2010 | 427,850 | 39,533 | 203,568 | 650,621 | 26,373 | 299 | 7,110 |
Heating Oil (Fuel Oil) Use in New London
Heating oil has become losing popularity in New London. In the 6 years since 2019, the number of families using oil fell from 535,420 to 491,612, a 8% drop.
Propane vs. Natural Gas use for home heating in New London
Between 2019 and today, the number of homes using propane as the primary space heating fuel ramped up from 66,974 to 88,504, a 32% change. Comparing 2019 and today, the number of homes using natural gas as the primary space heating fuel grew from 500,471 to 537,918, a 7% change.
Electricity use for home heating in New London
Electric heat pump systems for home heating are increasing in demand in New London. Since 2019, the number of homes heating with electricity grew from 237,614 to 302,730, a 27% change.
Adoption of solar home heating systems in New London
Out of all fuels, solar is the safest for the environment. With an “active” solar heating system, liquid flows between solar panels on a home’s roof and a heat energy storage tank (similar to a hot water heater) in the basement. Now, 6,488 homes in New London are heated with active solar arrays. This is a 662% gain from 2019, when 852 homes used active solar heating.
New London County Heating Oil Trends
Last year, New London County homeowners purchased a total of 42 million gallons of heating oil.
Short Term Trends
New London’s overall oil consumption fluctuates each year depending on winter temperatures. As the temperature outside gets colder, homes’ furnaces need to burn increasing amounts of oil to maintain the temperature that the thermostat is set to. Last winter, the average outside temperature in New London was 30.6°F, which was 4.6°F colder than the prior winter's average outside temperature.
New London County Average Winter Temperature
| Heating Season | Average Temperature |
|---|---|
| 2024 - 2025 | 30.6° F |
| 2023 - 2024 | 35.2° F |
New London County Homeowner’s Guide to Selecting an Oil Company
For New London homeowners heating with fuel oil, selecting which of the 126 heating oil companies that serve New London is an important decision.
Full Service Oil Companies: Homeowners who value a “set-it-and-forget-it” heating system pick one of the 799 “full-service” oil companies that serve New London. Full service companies such as Aaa Oil Company or CW Knight Oil & Heating LLC offer customers annual contracts which consist of a combined package of both automatic number two heating oil delivery and furnace repair. With an automatic oil delivery contract, the company tracks your home’s oil consumption and makes deliveries when your tank is running low. The household does not need to monitor the level of the oil tank or place individual orders.
Discount Oil Companies: also referred to as “COD Fuel” or “Cash Heating Oil” companies, discount oil companies are for clients who are looking to save money. With discount oil companies, in exchange for lower prices, you monitor the heating oil level in your tank, and you place an oil order when the oil gauge dips below a quarter tank. A few of the 2 New London cash heating oil companies serving New London include Asi Oil LLC and Bystrek's Oil Company LLC.
New London Oil Company Fast Facts: Fuel oil Companies Serving New London: 126 companies .
Average Number of New London Homes Served per Fuel Oil company : 3902
New London Heating Oil Delivery Overview
491,612 homes in New London heat their homes with heating oil. This makes oil delivery essential, especially when New London temperatures drop as low as 25.1° F each winter. 34% of New London homes depend on oil delivery each winter.
16.83% of New London County Households Rely On Heating Oil Delivery Each Winter
| New London County Households | New London County Heating Oil Households |
|---|---|
| 2.9M | 491,612 |
1480 New London Number Two Heating Oil Companies Homeowners Can Count On
With 397,280,973.21 gallons of number two heating oil delivered to New London houses during this past winter, the New London community relies on its 1480 oil companies to keep their oil tanks full. Oil delivery can be summed up in two steps: First, an oil truck picks up oil at the nearest bulk fuel terminal (also known as a “rack”). In the case of New London, two of the closest terminals are Buckeye in Wethersfield, CT and Sprague W in Springfield, MA. Then, the truck delivers the oil to residences and companies throughout New London and the surrounding region.
