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Hancock County Heating Oil Price History

Updated Today at 12:00 AM

DateAverage Oil Price
11/21/2024$2.850
11/20/2024$2.850
11/19/2024$2.850
11/18/2024$2.850
11/17/2024$2.850
11/16/2024$2.850
11/15/2024$2.850
10/28/2024$2.889
10/27/2024$2.889
10/26/2024$2.889
10/25/2024$2.892
10/24/2024$2.892
10/23/2024$2.892
10/22/2024$2.892
10/21/2024$2.892
10/20/2024$2.892
10/19/2024$2.892
10/18/2024$2.892
10/17/2024$2.892
10/16/2024$2.892
10/15/2024$2.892
10/14/2024$2.892
10/13/2024$2.892
10/12/2024$2.892
10/11/2024$2.892
10/10/2024$2.892
10/09/2024$2.892
10/08/2024$2.892
10/07/2024$2.892
10/06/2024$2.892

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

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

FuelHancock County Households % of Households
Heating Oil344,28559.8%
Propane74,72013.0%
Electricity53,6499.3%
Wood50,5538.8%
Natural Gas46,8328.1%
Other Fuels10,7761.9%
No Fuel2,2210.4%
Solar1,7620.3%
Coal1,2590.2%

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%)

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

Heating oil has become less popular in Hancock County. In the 9 years since 2013, the number of heating oil homes fell from 378,400 to 344,285, a 9.02% drop.

Hancock County Heating Oil Households (2011 - 2022)

YearHeating Oil Households
2011399,528
2012389,712
2013378,400
2014368,680
2015359,172
2016350,786
2017345,775
2018344,793
2019344,403
2020348,823
2021345,156
2022344,285

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

Between 2013 and today, the number of homes using propane as the primary space heating fuel rose from 40,668 to 74,720.

Between 2013 and today, the number of homes using natural gas as the primary space heating fuel rose from 27,717 to 46,832.

Electricity use for home heating in Hancock County

Electric space heating systems are becoming more popular in Hancock County. Since 2013, the number of homes heating with electricity rose from 26,246 to 53,649, a 104.41% increase.

Solar use for home heating in Hancock 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, 1,762 homes in Hancock County are heated with active solar arrays. This is a 293.30% increase from 2013, when only 448 homes had installed active solar heating.

Hancock County Heating Oil Trends

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 2.2° F warmer than the prior winter's average outside temperature.

Hancock County Average Winter Temperature

Heating SeasonAverage Temperature
Winter 2023 - 202429° F
Winter 2022 - 202326.8° F

Hancock County Homeowner’s Guide to Selecting an Oil Company

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

Hancock County Heating Oil Delivery Overview

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 HouseholdsHancock County Heating Oil Households
21,15412,004

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.