Cheapest New London County Heating Oil Price History
Updated on March 3, 2026 at 01:00 PM
| Date | Price |
|---|---|
| 03/03/2026 | $3.740 |
| 03/02/2026 | $3.490 |
| 03/01/2026 | $3.490 |
| 02/28/2026 | $3.490 |
| 02/27/2026 | $3.490 |
| 02/26/2026 | $3.490 |
| 02/25/2026 | $3.490 |
| 02/24/2026 | $3.490 |
| 02/23/2026 | $3.490 |
| 02/22/2026 | $3.490 |
| 02/21/2026 | $3.490 |
| 02/20/2026 | $3.490 |
| 02/19/2026 | $3.450 |
| 02/18/2026 | $3.450 |
| 02/17/2026 | $3.450 |
| 02/16/2026 | $3.450 |
| 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 |
Propane vs. Natural Gas vs. Heating Oil: New London Home Heating Fuel Comparison
Residences have a choice of fuels that can be used when it comes to heating. Natural Gas is the preferred choice in New London, used by 537,918 or 37% of residents. The 2nd most popular primary heating fuel for New London residents 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 less frequently used in New London. In the 4 years since 2021, the number of families using fuel oil decreased from 532,053 to 491,612, a 8% drop.
Propane vs. Natural Gas use for home heating in New London
Between 2021 and today, the number of houses using propane as the primary space heating fuel grew from 80,721 to 88,504, a 10% change. Comparing 2021 and today, the number of homes using natural gas as the primary space heating fuel shot up from 506,772 to 537,918, a 6% change.
Electricity use for home heating in New London
Electric heat pump systems for home heating are more popular in New London. Since 2021, the number of homes heating with electricity grew from 258,306 to 302,730, a 17% change.
Adoption of solar home heating systems in New London
The most eco-friendly heating option is solar. 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 119% gain from 2021, when 2,966 homes incorporated 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 number two heating oil use varies yearly as winter conditions change. As the temperature outside gets more chilly, homes’ heating systems need to burn additional heating oil to keep the house warm inside. 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 households heating with number two heating oil, picking which of the 125 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 select one of the 788 “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 heating oil delivery and HVAC 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 customer 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 homeowners who are looking to save money. With discount oil companies, in return for better prices, you monitor the heating 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 Fuel Oil Company Statistics: Fuel oil Companies Serving New London: 125 companies .
Average Number of New London Households Served per Fuel Oil company : 3933
New London Heating Oil Delivery Overview
491,612 houses 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 houses rely on heating 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 |
1469 New London Fuel Oil Companies Go The Distance
With 397,280,973.21 gallons of oil delivered to New London families last winter, the New London community depends on its 1469 oil companies when temperatures dip. 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 number two heating oil to residences and companies throughout New London and the surrounding region.
