Updated Today at 12:00 AM
Date | Average Oil Price |
---|---|
11/05/2024 | $3.099 |
11/04/2024 | $3.099 |
11/03/2024 | $3.099 |
11/02/2024 | $3.099 |
11/01/2024 | $3.099 |
10/31/2024 | $3.099 |
10/30/2024 | $3.099 |
10/29/2024 | $3.184 |
10/28/2024 | $3.184 |
10/27/2024 | $3.169 |
10/26/2024 | $3.169 |
10/25/2024 | $3.169 |
10/24/2024 | $3.199 |
10/23/2024 | $3.199 |
10/22/2024 | $3.204 |
10/21/2024 | $3.189 |
10/20/2024 | $3.194 |
10/19/2024 | $3.194 |
10/18/2024 | $3.194 |
10/17/2024 | $3.189 |
10/16/2024 | $3.194 |
10/15/2024 | $3.244 |
10/14/2024 | $3.249 |
10/13/2024 | $3.224 |
10/12/2024 | $3.224 |
10/11/2024 | $3.224 |
10/10/2024 | $3.199 |
10/09/2024 | $3.199 |
10/07/2024 | $3.149 |
10/06/2024 | $3.149 |
Homeowners have a variety of home heating fuels to choose from. Natural gas is the most popular choice in Ocean County, used by 2,618,092 or 74.00% of homes. The 2nd most popular choice for Ocean County homeowners is electricity, used by 532,344 homes (15.05%). The remaining homes are heated with heating oil (258,381), propane (91,132), no fuel (30,011), and other fuels (40,620).
Ocean County Primary Home Heating Fuel Popularity by Number of Households
Fuel | Ocean County Households | % of Households |
---|---|---|
Natural Gas | 2.6M | 74.00% |
Electricity | 532,344 | 15.05% |
Heating Oil | 258,381 | 7.30% |
Propane | 91,132 | 2.58% |
No Fuel | 30,011 | 0.85% |
Other Fuels | 19,813 | 0.56% |
Wood | 12,502 | 0.35% |
Solar | 7,334 | 0.21% |
Coal | 971 | 0.03% |
Natural gas (74.00)
Electricity (15.05)
Heating oil (7.30)
Propane (2.58)
No fuel (0.85)
Other fuels (0.56)
Wood (0.35)
Solar (0.21)
Coal (0.03)
Heating oil has become less popular in Ocean County. In the 8 years since 2014, the number of heating oil homes fell from 353,791 to 258,381, a 26.97% drop.
Ocean County Heating Oil Households (2011 - 2022)
Year | Heating Oil Households |
---|---|
2011 | 420,231 |
2012 | 397,731 |
2013 | 374,390 |
2014 | 353,791 |
2015 | 336,160 |
2016 | 314,964 |
2017 | 298,525 |
2018 | 284,056 |
2019 | 271,250 |
2020 | 260,383 |
2021 | 256,421 |
2022 | 258,381 |
Between 2014 and today, the number of homes using propane as the primary space heating fuel rose from 61,808 to 91,132.
Between 2014 and today, the number of homes using natural gas as the primary space heating fuel rose from 2,364,588 to 2,618,092.
Electric space heating systems are becoming more popular in Ocean County. Since 2014, the number of homes heating with electricity rose from 371,797 to 532,344, a 43.18% 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, 7,334 homes in Ocean County are heated with active solar arrays. This is a 678.56% increase from 2014, when only 942 homes had installed active solar heating.
Last year, Ocean County homeowners purchased a total of 2 million gallons of heating oil.
Short Term Trends
Ocean 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 Ocean County, the average outside temperature was 14.2° F colder than the prior winter's average outside temperature.
Ocean County Average Winter Temperature
Heating Season | Average Temperature |
---|---|
Winter 2023 - 2024 | 52.4° F |
Winter 2022 - 2023 | 66.6° F |
For Ocean County homeowners heating with oil, selecting which of the 4 heating oil companies that serve Ocean 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 Ocean County. Full service companies such as Lawes Home Comfort 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 Ocean 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 Ocean County include Lawes Discount Oil and Point Bay Fuel.
Ocean County Heating Oil Company Fast Facts
Heating Oil Companies Serving Ocean County: 4 companies
Average Number Of Ocean County Homes Served Per Company: 716 homes
Average Gallons Delivered per Ocean County Oil Company: 470,855 gallons per year
Approximately 2,866 households in Ocean County heat their homes with fuel oil. This makes oil delivery essential, especially when Ocean County temperatures drop as low as 42.5° F each winter.
3% of Ocean County Households Rely On Heating Oil Delivery Each Winter
Ocean County Households | Ocean County Heating Oil Households |
---|---|
82,229 | 2,866 |
5 Ocean County Oil Companies Go the Distance
With 2 million gallons of heating oil delivered to Ocean County homeowners during the winter of 2023, the Ocean County community relies on its 5 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 Ocean County, two of the closest terminals are Buckeye in Buckeye, NJ and Meenan in Tullytown, PA. Then, the truck delivers the #2 heating oil to homes and businesses in Ocean County.