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Cheapest New London County Heating Oil Price History

Updated on January 5, 2026

DatePrice
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
12/25/2025 $2.821
12/24/2025 $2.821
12/23/2025 $2.821
12/22/2025 $2.821
12/21/2025 $2.843
12/20/2025 $2.843
12/19/2025 $2.843
12/18/2025 $2.843
12/17/2025 $2.843
12/16/2025 $2.843
12/15/2025 $2.872
12/14/2025 $2.950
12/13/2025 $2.950
12/12/2025 $2.950
12/11/2025 $2.950
12/10/2025 $2.984
12/09/2025 $2.960
12/08/2025 $2.984
12/07/2025 $2.984
12/06/2025 $2.950

Propane vs. Natural Gas vs. Heating Oil: New London Home Heating Fuel Comparison

Homeowners have a variety of fuels to choose from when it comes to heating. Natural Gas is the most common choice in New London, used by 537,918 or 37% of homeowners. The 2nd 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)

YearNatural GasPropaneElectricityOilWoodSolarOther
20257,482,303760,5003,474,2924,769,011297,97012,065151,271
20246,911,034856,5073,276,2595,441,940273,76020,899156,841
20236,363,653944,1963,088,2576,118,302250,70129,078161,732
20226,195,463926,3032,971,9176,368,296244,91726,168155,422
20216,121,230846,5892,879,9766,478,066256,48820,196147,084
20205,997,149791,0922,813,4896,581,542267,49116,773137,776
20195,895,644735,4962,757,7896,649,863286,08714,071119,817
20185,809,339682,6012,689,7696,734,936315,03112,846113,721
20175,714,900646,9772,630,0856,844,740336,04210,834117,846
20165,596,846617,4792,590,6136,937,459347,8918,649118,689
20155,492,792586,2442,548,5597,063,018354,4967,496115,280
20145,388,697554,5362,507,8647,261,530354,4606,293111,292
20135,290,950525,3292,494,8167,455,021335,6035,202102,835
20125,213,252499,0602,478,7607,643,306315,0574,63091,852
20115,162,177477,2362,454,1857,797,676299,9334,24881,783
20105,124,133455,2152,425,1137,925,456279,6234,34673,872

Heating Oil (Fuel Oil) Use in New London

Fuel oil has become less popular in New London. In the 11 years since 2014, the number of households using heating oil dipped from 576,948 to 491,612, a 15% drop.

Propane vs. Natural Gas use for home heating in New London

Between 2014 and today, the number of homes using propane as the primary space heating fuel rose from 49,540 to 88,504, a 79% change. Comparing 2014 and today, the number of homes using natural gas as the primary space heating fuel rose from 464,748 to 537,918, a 16% change.

Electricity use for home heating in New London

Electric heat pump systems for home heating are increasing in demand in New London. Since 2014, the number of homes heating with electricity shot up from 212,031 to 302,730, a 43% 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 is circulated between solar panels on a home’s roof and a heat energy storage tank (similar to a hot water heater) in the basement. Today, 6,488 homes in New London are heated with active solar arrays. This is a 1071% gain from 2014, when 554 homes utilized 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 usage changes each year based on the severity of the winter. As the temperature outside gets more chilly, homes’ HVAC systems need to burn more and more fuel 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 SeasonAverage Temperature
2024 - 202530.6° F
2023 - 202435.2° F

New London County Homeowner’s Guide to Selecting an Oil Company

For New London families heating with number two heating oil, picking which of the 126 heating oil companies that serve New London plays a big role in determining how much money is spent on heating each winter.

Full Service Oil Companies: Homeowners who can afford 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 clients annual contracts which consist of a combined package of both automatic oil delivery and furnace repair. With an automatic heating oil delivery contract, the company tracks your home’s heating oil consumption and makes deliveries when your tank is running low. The client 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 customers 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 either when the level runs low or just before a major snowstorm. Examples of 2 New London cash heating oil companies serving New London include Asi Oil LLC and Bystrek's Oil Company LLC.

New London Oil Company By The Numbers: Number two heating oil Companies Serving New London: 126 companies .
Average Number of New London Homes Served per Fuel Oil company : 0