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Nantucket County Heating Oil Price History

Updated on October 11, 2024 at 12:00 AM

Date	Average Oil Price
10/11/2024	$3.235
10/10/2024	$3.231
10/09/2024	$3.227
10/08/2024	$3.229
10/07/2024	$3.218
10/04/2024	$3.173
10/03/2024	$3.169
10/02/2024	$3.052
10/01/2024	$3.041
09/30/2024	$3.041
09/27/2024	$3.045
09/26/2024	$3.052
09/25/2024	$3.053
09/24/2024	$3.054
09/23/2024	$3.079
09/20/2024	$3.078
09/19/2024	$3.075
09/18/2024	$3.075
09/17/2024	$3.081
09/16/2024	$3.103
09/13/2024	$3.127
09/12/2024	$3.126
09/11/2024	$3.130
09/10/2024	$3.136
09/09/2024	$3.139
09/06/2024	$3.152
09/05/2024	$3.157
09/04/2024	$3.119
09/03/2024	$3.138
09/02/2024	$3.158

Propane vs. Natural Gas vs. Heating Oil: Nantucket County Home Heating Fuel Comparison

Homeowners have a variety of home heating fuels to choose from. Natural gas is the most popular choice in Nantucket County, used by 1,462,335 or 52.38% of homes. The 2nd most popular choice for Nantucket County homeowners is heating oil, used by 663,749 homes (23.78%). The remaining homes are heated with electricity (490,395), propane (123,474), wood (34,021), and other fuels (50,956).

Nantucket County Primary Home Heating Fuel Popularity by Number of Households

Fuel	Nantucket County Households	% of Households
Natural Gas	1.4M	52.38%
Heating Oil	663,749	23.78%
Electricity	490,395	17.57%
Propane	123,474	4.42%
Wood	34,021	1.22%
Other Fuels	24,655	0.88%
No Fuel	19,283	0.69%
Solar	5,465	0.20%
Coal	1,553	0.06%

Natural gas (52.38)

Heating oil (23.78)

Electricity (17.57)

Propane (4.42)

Wood (1.22)

Other fuels (0.88)

No fuel (0.69)

Solar (0.20)

Coal (0.06)

#2 Heating Oil (Fuel Oil) Use in Nantucket County

Heating oil has become less popular in Nantucket County. In the 9 years since 2013, the number of heating oil homes fell from 798,470 to 663,749, a 16.87% drop.

Nantucket County Heating Oil Households (2011 - 2022)

Year	Heating Oil Households
2011	851,319
2012	827,983
2013	798,470
2014	770,791
2015	746,949
2016	723,433
2017	707,835
2018	690,486
2019	678,224
2020	667,484
2021	662,876
2022	663,749

Propane vs. Natural Gas use for home heating in Nantucket County

Between 2013 and today, the number of homes using propane as the primary space heating fuel rose from 69,678 to 123,474.

Between 2013 and today, the number of homes using natural gas as the primary space heating fuel rose from 1,241,379 to 1,462,335.

Electricity use for home heating in Nantucket County

Electric space heating systems are becoming more popular in Nantucket County. Since 2013, the number of homes heating with electricity rose from 353,733 to 490,395, a 38.63% increase.

Solar use for home heating in Nantucket County

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, 5,465 homes in Nantucket County are heated with active solar arrays. This is a 512.67% increase from 2013, when only 892 homes had installed active solar heating.

Nantucket County Heating Oil Trends

Last year, Nantucket County homeowners purchased a total of 1 million gallons of heating oil.

Short Term Trends

Nantucket County’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 Nantucket County, the average outside temperature was 9.4° F colder than the prior winter's average outside temperature.

Nantucket County Average Winter Temperature

Heating Season	Average Temperature
Winter 2023 - 2024	52.9° F
Winter 2022 - 2023	62.3° F

Nantucket County Homeowner’s Guide to Selecting an Oil Company

For Nantucket County homeowners heating with oil, selecting which of the 4 heating oil companies that serve Nantucket County 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 1 “full-service” oil companies that serve Nantucket County. Full service companies such as Harbor Fuel Oil Corp 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 Nantucket County 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 Nantucket County include Apex Oil Co Inc and Sun Island Fuel Inc.

Nantucket County Heating Oil Company Fast Facts

Heating Oil Companies Serving Nantucket County: 4 companies

Average Number Of Nantucket County Homes Served Per Company: 361 homes

Average Gallons Delivered per Nantucket County Oil Company: 316,820 gallons per year

Nantucket County Heating Oil Delivery Overview

Approximately 1,445 households in Nantucket County heat their homes with fuel oil. This makes oil delivery essential, especially when Nantucket County temperatures drop as low as 42.5° F each winter.

33% of Nantucket County Households Rely On Heating Oil Delivery Each Winter

Nantucket County Households	Nantucket County Heating Oil Households
4,315	1,445

4 Nantucket County Oil Companies Go the Distance

With 1 million gallons of heating oil delivered to Nantucket County homeowners during the winter of 2023, the Nantucket County community relies on its 4 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 Nantucket County, two of the closest terminals are Sprague in E. Providence, RI and Shell in Providence, RI. Then, the truck delivers the #2 heating oil to homes and businesses in Nantucket County.