Updated Today at 12:00 AM
Date | Average Oil Price |
---|---|
12/21/2024 | $2.849 |
12/20/2024 | $2.849 |
12/19/2024 | $2.849 |
12/18/2024 | $2.849 |
12/17/2024 | $2.849 |
12/16/2024 | $2.849 |
12/15/2024 | $2.849 |
12/14/2024 | $2.849 |
12/13/2024 | $2.849 |
12/12/2024 | $2.849 |
12/11/2024 | $2.849 |
12/10/2024 | $2.849 |
12/09/2024 | $2.849 |
12/08/2024 | $2.849 |
12/07/2024 | $2.849 |
12/06/2024 | $2.849 |
12/05/2024 | $2.849 |
12/04/2024 | $2.849 |
12/03/2024 | $2.849 |
12/02/2024 | $2.849 |
12/01/2024 | $2.850 |
11/30/2024 | $2.850 |
11/29/2024 | $2.850 |
11/28/2024 | $2.850 |
11/27/2024 | $2.850 |
11/26/2024 | $2.850 |
11/25/2024 | $2.850 |
11/24/2024 | $2.850 |
11/23/2024 | $2.850 |
11/22/2024 | $2.850 |
Homeowners have a variety of home heating fuels to choose from. Heating oil is the most popular choice in Hancock County, used by 344,285 or 59.84% of homes. The 2nd most popular choice for Hancock County homeowners is propane, used by 74,720 homes (12.99%). The remaining homes are heated with electricity (53,649), wood (50,553), natural gas (46,832), and other fuels (16,018).
Hancock County Primary Home Heating Fuel Popularity by Number of Households
Fuel | Hancock County Households | % of Households |
---|---|---|
Heating Oil | 344,285 | 59.8% |
Propane | 74,720 | 13.0% |
Electricity | 53,649 | 9.3% |
Wood | 50,553 | 8.8% |
Natural Gas | 46,832 | 8.1% |
Other Fuels | 10,776 | 1.9% |
No Fuel | 2,221 | 0.4% |
Solar | 1,762 | 0.3% |
Coal | 1,259 | 0.2% |
Heating oil (59.8%)
Propane (13.0%)
Electricity (9.3%)
Wood (8.8%)
Natural gas (8.1%)
Other fuels (1.9%)
No fuel (0.4%)
Solar (0.3%)
Coal (0.2%)
Heating oil has become less popular in Hancock County. In the 4 years since 2018, the number of heating oil homes fell from 344,793 to 344,285, a 0.15% drop.
Hancock County Heating Oil Households (2011 - 2022)
Year | Heating Oil Households |
---|---|
2011 | 399,528 |
2012 | 389,712 |
2013 | 378,400 |
2014 | 368,680 |
2015 | 359,172 |
2016 | 350,786 |
2017 | 345,775 |
2018 | 344,793 |
2019 | 344,403 |
2020 | 348,823 |
2021 | 345,156 |
2022 | 344,285 |
Between 2018 and today, the number of homes using propane as the primary space heating fuel rose from 55,460 to 74,720.
Between 2018 and today, the number of homes using natural gas as the primary space heating fuel rose from 41,237 to 46,832.
Electric space heating systems are becoming more popular in Hancock County. Since 2018, the number of homes heating with electricity rose from 34,834 to 53,649, a 54.01% 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, 1,762 homes in Hancock County are heated with active solar arrays. This is a 125.61% increase from 2018, when only 781 homes had installed active solar heating.
Last year, Hancock County homeowners purchased a total of 9 million gallons of heating oil.
Short Term Trends
Hancock 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 Hancock County, the average outside temperature was 4.0° F warmer than the prior winter's average outside temperature.
Hancock County Average Winter Temperature
Heating Season | Average Temperature |
---|---|
2024 - 2025 | 35.1° F |
2023 - 2024 | 31.1° F |
For Hancock County homeowners heating with oil, selecting which of the 17 heating oil companies that serve Hancock 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 8 “full-service” oil companies that serve Hancock County. Full service companies such as Gary's Fuel Oil Co Inc or Gary's Fuel Oil Co Inc 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 Hancock 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 Hancock County include Morin Fuel and Marquis Heating Inc.
Hancock County Heating Oil Company Fast Facts
Heating Oil Companies Serving Hancock County: 17 companies
Average Number Of Hancock County Homes Served Per Company: 706 homes
Average Gallons Delivered per Hancock County Oil Company: 506,478 gallons per year
Approximately 12,004 households in Hancock County heat their homes with fuel oil. This makes oil delivery essential, especially when Hancock County temperatures drop as low as 42.5° F each winter.
56% of Hancock County Households Rely On Heating Oil Delivery Each Winter
Hancock County Households | Hancock County Heating Oil Households |
---|---|
21,154 | 12,004 |
99 Hancock County Oil Companies Go the Distance
With 9 million gallons of heating oil delivered to Hancock County homeowners during the winter of 2023, the Hancock County community relies on its 99 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 Hancock County, two of the closest terminals are Buckeye in Bangor, ME and Pbt in Brewer, ME. Then, the truck delivers the #2 heating oil to homes and businesses in Hancock County.