Updated Today at 12:00 AM
Date | Average Oil Price |
---|---|
10/03/2024 | $3.250 |
10/02/2024 | $3.250 |
10/01/2024 | $3.250 |
09/30/2024 | $3.250 |
09/27/2024 | $3.250 |
09/26/2024 | $3.250 |
09/25/2024 | $3.250 |
09/24/2024 | $3.250 |
09/23/2024 | $3.250 |
09/20/2024 | $3.400 |
09/19/2024 | $3.400 |
09/18/2024 | $3.400 |
09/17/2024 | $3.400 |
09/16/2024 | $3.400 |
09/13/2024 | $3.400 |
09/12/2024 | $3.400 |
09/11/2024 | $3.400 |
09/10/2024 | $3.400 |
09/09/2024 | $3.400 |
09/06/2024 | $3.400 |
09/05/2024 | $3.400 |
09/04/2024 | $3.400 |
06/13/2024 | $3.773 |
06/12/2024 | $3.773 |
06/11/2024 | $3.773 |
06/10/2024 | $3.773 |
06/07/2024 | $3.773 |
06/06/2024 | $3.773 |
06/05/2024 | $3.773 |
06/04/2024 | $3.773 |
Homeowners have a variety of home heating fuels to choose from. Natural gas is the most popular choice in Montgomery County, used by 1,036,714 or 43.77% of homes. The 2nd most popular choice for Montgomery County homeowners is electricity, used by 1,018,912 homes (43.02%). The remaining homes are heated with heating oil (178,203), propane (89,874), wood (27,892), and other fuels (45,552).
Montgomery County Primary Home Heating Fuel Popularity by Number of Households
Fuel | Montgomery County Households | % of Households |
---|---|---|
Natural Gas | 1.0M | 43.77% |
Electricity | 1.0M | 43.02% |
Heating Oil | 178,203 | 7.52% |
Propane | 89,874 | 3.79% |
Wood | 27,892 | 1.18% |
No Fuel | 18,911 | 0.80% |
Other Fuels | 16,016 | 0.68% |
Solar | 9,098 | 0.38% |
Coal | 1,527 | 0.06% |
Natural gas (43.77)
Electricity (43.02)
Heating oil (7.52)
Propane (3.79)
Wood (1.18)
No fuel (0.80)
Other fuels (0.68)
Solar (0.38)
Coal (0.06)
Heating oil has become less popular in Montgomery County. In the 6 years since 2016, the number of heating oil homes fell from 207,818 to 178,203, a 14.25% drop.
Montgomery County Heating Oil Households (2011 - 2022)
Year | Heating Oil Households |
---|---|
2011 | 246,964 |
2012 | 239,039 |
2013 | 228,525 |
2014 | 222,212 |
2015 | 212,903 |
2016 | 207,818 |
2017 | 201,205 |
2018 | 193,194 |
2019 | 186,662 |
2020 | 179,727 |
2021 | 176,310 |
2022 | 178,203 |
Between 2016 and today, the number of homes using propane as the primary space heating fuel rose from 71,561 to 89,874.
Between 2016 and today, the number of homes using natural gas as the primary space heating fuel rose from 967,339 to 1,036,714.
Electric space heating systems are becoming more popular in Montgomery County. Since 2016, the number of homes heating with electricity rose from 877,347 to 1,018,912, a 16.14% increase.
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, 9,098 homes in Montgomery County are heated with active solar arrays. This is a 468.63% increase from 2016, when only 1,600 homes had installed active solar heating.
Last year, Montgomery County homeowners purchased a total of 4 million gallons of heating oil.
Short Term Trends
Montgomery 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 Montgomery County, the average outside temperature was 17.4° F warmer than the prior winter's average outside temperature.
Montgomery County Average Winter Temperature
Heating Season | Average Temperature |
---|---|
Winter 2023 - 2024 | 69.5° F |
Winter 2022 - 2023 | 52.1° F |
For Montgomery County homeowners heating with oil, selecting which of the 87 heating oil companies that serve Montgomery 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 16 “full-service” oil companies that serve Montgomery County. Full service companies such as Laurel Fuel Oil or Laurel Fuel Oil 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 Montgomery 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 Montgomery County include HVAC FRONTIER. INC and Arundel Cooling and Heating Co.
Montgomery County Heating Oil Company Fast Facts
Heating Oil Companies Serving Montgomery County: 87 companies
Average Number Of Montgomery County Homes Served Per Company: 96 homes
Average Gallons Delivered per Montgomery County Oil Company: 49,903 gallons per year
Approximately 8,424 households in Montgomery County heat their homes with fuel oil. This makes oil delivery essential, especially when Montgomery County temperatures drop as low as 42.5° F each winter.
2% of Montgomery County Households Rely On Heating Oil Delivery Each Winter
Montgomery County Households | Montgomery County Heating Oil Households |
---|---|
335,050 | 8,424 |
1,208 Montgomery County Oil Companies Go the Distance
With 4 million gallons of heating oil delivered to Montgomery County homeowners during the winter of 2023, the Montgomery County community relies on its 1,208 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 Montgomery County, two of the closest terminals are Motiva in Fairfax, VA and Buckeye in Baltimore, MD. Then, the truck delivers the #2 heating oil to homes and businesses in Montgomery County.