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Delaware Heating Oil Price Trends

Updated on October 17, 2024 at 12:00 AM

Time HorizonPrice Change
1 Day Trend-$0.10
1 Week Trend-$0.15
1 Month Trend+$0.20
1 Year Trend+$0.050

Delaware Heating Oil Price History

Updated on October 17, 2024 at 12:00 AM

DateAverage Oil Price
10/17/2024$3.550
10/16/2024$3.650
10/15/2024$3.650
10/14/2024$3.700
10/11/2024$3.700
10/10/2024$3.650
10/09/2024$3.700
10/08/2024$3.750
10/07/2024$3.700
10/04/2024$3.650
10/03/2024$3.550
10/02/2024$3.500
10/01/2024$3.500
09/30/2024$3.500
09/27/2024$3.450
09/26/2024$3.450
09/25/2024$3.450
09/24/2024$3.400
09/23/2024$3.400
09/20/2024$3.350
09/19/2024$3.350
09/18/2024$3.350
09/17/2024$3.350
09/16/2024$3.350
09/13/2024$3.350
09/12/2024$3.350
09/11/2024$3.350
09/10/2024$3.400
09/09/2024$3.400
09/06/2024$3.400

Propane vs. Natural Gas vs. Heating Oil: Delaware Home Heating Fuel Comparison

Homeowners have a variety of home heating fuels to choose from. Natural gas is the most popular choice in Delaware, used by 168,825 or 43.59% of homes. The 2nd most popular choice for Delaware homeowners is electricity, used by 140,774 homes (36.34%). The remaining homes are heated with heating oil (37,959), propane (33,614), other fuels (3,010), and other fuels (6,928).

Delaware Primary Home Heating Fuel Popularity by Number of Households

FuelDelaware Households % of Households
Natural Gas168,82543.59%
Electricity140,77436.34%
Heating Oil37,9599.80%
Propane33,6148.68%
Other Fuels3,0100.78%
Wood2,5970.67%
No Fuel2,4310.63%
Solar9980.26%
Coal9020.23%

Natural gas (43.59)

Electricity (36.34)

Heating oil (9.80)

Propane (8.68)

Other fuels (0.78)

Wood (0.67)

No fuel (0.63)

Solar (0.26)

Coal (0.23)

#2 Heating Oil (Fuel Oil) Use in Delaware

Heating oil has become less popular in Delaware. In the 4 years since 2018, the number of heating oil homes fell from 42,767 to 37,959, a 11.24% drop.

Delaware Heating Oil Households (2011 - 2022)

YearHeating Oil Households
201158,018
201256,500
201353,981
201451,450
201549,420
201646,781
201743,950
201842,767
201941,202
202039,828
202138,660
202237,959

Propane vs. Natural Gas use for home heating in Delaware

Between 2018 and today, the number of homes using propane as the primary space heating fuel fell from 35,192 to 33,614.

Between 2018 and today, the number of homes using natural gas as the primary space heating fuel fell from 150,363 to 168,825.

Electricity use for home heating in Delaware

Electric space heating systems are becoming more popular in Delaware. Since 2018, the number of homes heating with electricity rose from 115,767 to 140,774, a 21.60% increase.

Solar use for home heating in Delaware

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, 998 homes in Delaware are heated with active solar arrays. This is a 140.48% increase from 2018, when only 415 homes had installed active solar heating.

Delaware Heating Oil Trends

Last year, Delaware homeowners purchased a total of 15 million gallons of heating oil.

Short Term Trends

Delaware’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 Delaware, the average outside temperature was 5.6° F colder than the prior winter's average outside temperature.

Delaware Average Winter Temperature

Heating SeasonAverage Temperature
Winter 2023 - 202453.3° F
Winter 2022 - 202358.9° F

Delaware Homeowner’s Guide to Selecting an Oil Company

For Delaware homeowners heating with oil, selecting which of the 60 heating oil companies that serve Delaware 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 0 “full-service” oil companies that serve Delaware. Full service companies such as undefined or undefined 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 Delaware 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 Delaware include Shellhorn & Hill Inc and William G. Day Company.

Delaware Heating Oil Company Fast Facts

Heating Oil Companies Serving Delaware: 60 companies

Average Number Of Delaware Homes Served Per Company: 636 homes

Average Gallons Delivered per Delaware Oil Company: 257,566 gallons per year

Delaware Heating Oil Delivery Overview

Approximately 38,199 households in Delaware heat their homes with fuel oil. This makes oil delivery essential, especially when Delaware temperatures drop as low as 42.5° F each winter.

9% of Delaware Households Rely On Heating Oil Delivery Each Winter

Delaware HouseholdsDelaware Heating Oil Households
393,42638,199

60 Delaware Oil Companies Go the Distance

With 15 million gallons of heating oil delivered to Delaware homeowners during the winter of 2023, the Delaware community relies on its 60 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 Delaware, two of the closest terminals are Sunoco in Salisbury, MD and Pbfenergy in Delaware City, DE. Then, the truck delivers the #2 heating oil to homes and businesses in Delaware.