Cheapest New London County Heating Oil Price History
Updated on January 25, 2026
| Date | Price |
|---|---|
| 01/24/2026 | $2.942 |
| 01/23/2026 | $2.942 |
| 01/22/2026 | $2.942 |
| 01/21/2026 | $2.864 |
| 01/20/2026 | $2.830 |
| 01/19/2026 | $2.830 |
| 01/18/2026 | $2.890 |
| 01/17/2026 | $2.890 |
| 01/16/2026 | $2.890 |
| 01/15/2026 | $2.890 |
| 01/14/2026 | $2.753 |
| 01/13/2026 | $2.753 |
| 01/12/2026 | $2.786 |
| 01/11/2026 | $2.786 |
| 01/10/2026 | $2.786 |
| 01/09/2026 | $2.786 |
| 01/08/2026 | $2.786 |
| 01/07/2026 | $2.786 |
| 01/06/2026 | $2.786 |
| 01/05/2026 | $2.831 |
| 01/04/2026 | $2.831 |
| 01/03/2026 | $2.831 |
| 01/02/2026 | $2.831 |
| 01/01/2026 | $2.831 |
| 12/31/2025 | $2.831 |
| 12/30/2025 | $2.831 |
| 12/29/2025 | $2.831 |
| 12/28/2025 | $2.821 |
| 12/27/2025 | $2.821 |
| 12/26/2025 | $2.821 |
Propane vs. Natural Gas vs. Heating Oil: New London Home Heating Fuel Comparison
Homeowners have a choice of fuels that can be used when it comes to heating. Natural Gas is the most popular choice in New London, used by 537,918 or 37% of households. The next most popular primary heating fuel for New London families is Heating Oil, used by 491,612 homes (34%). The rest of the 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
Number two heating oil has become losing popularity in New London. In the 5 years since 2020, the number of homeowners using heating oil declined from 533,736 to 491,612, a 8% drop.
Propane vs. Natural Gas use for home heating in New London
Between 2020 and today, the number of houses using propane as the primary space heating fuel jumped from 73,848 to 88,504, a 20% change. Comparing 2020 and today, the number of homes using natural gas as the primary space heating fuel shot up from 503,622 to 537,918, a 7% change.
Electricity use for home heating in New London
Electric heat pump systems for home heating are more popular in New London. Since 2020, the number of homes heating with electricity rose from 247,960 to 302,730, a 22% 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. Currently, 6,488 homes in New London are heated with active solar arrays. This is a 240% gain from 2020, when 1,909 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 fuel oil consumption changes from year to year depending on winter temperatures. As the temperature outside drops, homes’ boilers need to burn additional number two heating 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 residences heating with number two heating oil, selecting which of the 127 heating oil companies that serve New London makes a big difference.
Full Service Oil Companies: Homeowners who value a “set-it-and-forget-it” heating system select 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 families annual contracts which consist of a combined package of both automatic fuel oil delivery and heating system repair. With an automatic oil delivery contract, the company tracks your home’s number two heating 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: Often called “COD Fuel” or “Cash Heating Oil” companies, discount oil companies are for families who are looking to save money. With discount oil companies, in return for better prices, you monitor the fuel oil level in your tank, and you place an oil order when you're running low. 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 Statistics: Heating oil Companies Serving New London: 127 companies .
