Date	Average Oil Price
12/20/2024	$3.796
12/19/2024	$3.796
12/18/2024	$3.796
12/17/2024	$3.796
12/16/2024	$3.796
12/15/2024	$3.390
12/14/2024	$3.390
12/13/2024	$3.390
12/12/2024	$3.390
12/11/2024	$3.390
12/10/2024	$3.390
12/09/2024	$3.390
12/08/2024	$3.390
12/07/2024	$3.390
12/06/2024	$3.390
12/05/2024	$3.390
12/04/2024	$3.390
12/03/2024	$3.390
12/02/2024	$3.390
12/01/2024	$3.390
11/30/2024	$3.390
11/29/2024	$3.390
11/28/2024	$3.390
11/27/2024	$3.390
11/26/2024	$3.390
11/25/2024	$3.390
11/24/2024	$3.290
11/23/2024	$3.290
11/22/2024	$3.290
11/21/2024	$3.290

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

Homeowners have a variety of home heating fuels to choose from. Natural gas is the most popular choice in Albany County, used by 4,593,346 or 59.99% of homes. The 2nd most popular choice for Albany County homeowners is heating oil, used by 1,379,410 homes (18.02%). The remaining homes are heated with electricity (1,040,155), propane (371,184), no fuel (127,077), and other fuels (245,918).

Albany County Primary Home Heating Fuel Popularity by Number of Households

Fuel	Albany County Households	% of Households
Natural Gas	4.5M	60.0%
Heating Oil	1.3M	18.0%
Electricity	1.0M	13.6%
Propane	371,184	4.8%
No Fuel	127,077	1.7%
Wood	117,324	1.5%
Other Fuels	102,644	1.3%
Coal	17,488	0.2%
Solar	8,462	0.1%

Natural gas (60.0%)

Heating oil (18.0%)

Electricity (13.6%)

Propane (4.8%)

No fuel (1.7%)

Wood (1.5%)

Other fuels (1.3%)

Coal (0.2%)

Solar (0.1%)

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

Heating oil has become less popular in Albany County. In the 2 years since 2020, the number of heating oil homes fell from 1,451,030 to 1,379,410, a 4.94% drop.

Albany County Heating Oil Households (2011 - 2022)

Year	Heating Oil Households
2011	2.1M
2012	2.0M
2013	1.9M
2014	1.9M
2015	1.8M
2016	1.7M
2017	1.6M
2018	1.5M
2019	1.5M
2020	1.4M
2021	1.4M
2022	1.3M

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

Between 2020 and today, the number of homes using propane as the primary space heating fuel rose from 316,900 to 371,184.

Between 2020 and today, the number of homes using natural gas as the primary space heating fuel rose from 4,403,117 to 4,593,346.

Electricity use for home heating in Albany County

Electric space heating systems are becoming more popular in Albany County. Since 2020, the number of homes heating with electricity rose from 925,349 to 1,040,155, a 12.41% increase.

Solar use for home heating in Albany 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, 8,462 homes in Albany County are heated with active solar arrays. This is a 15.11% increase from 2020, when only 7,351 homes had installed active solar heating.

Albany County Heating Oil Trends

Last year, Albany County homeowners purchased a total of 7 million gallons of heating oil.

Short Term Trends

Albany 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 Albany County, the average outside temperature was 4.8° F warmer than the prior winter's average outside temperature.

Albany County Average Winter Temperature

Heating Season	Average Temperature
2024 - 2025	45.4° F
2023 - 2024	40.6° F

Albany County Homeowner’s Guide to Selecting an Oil Company

For Albany County homeowners heating with oil, selecting which of the 55 heating oil companies that serve Albany 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 308 “full-service” oil companies that serve Albany County. Full service companies such as H & M Oil Co Inc Hoffman & Miller Oil Co or Helderberg Oil 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 Albany 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 Albany County include Collins & Son Inc and MainCare Express.

Albany County Heating Oil Company Fast Facts

Heating Oil Companies Serving Albany County: 55 companies

Average Number Of Albany County Homes Served Per Company: 282 homes

Average Gallons Delivered per Albany County Oil Company: 136,353 gallons per year

Albany County Heating Oil Delivery Overview

Approximately 15,562 households in Albany County heat their homes with fuel oil. This makes oil delivery essential, especially when Albany County temperatures drop as low as 42.5° F each winter.

6% of Albany County Households Rely On Heating Oil Delivery Each Winter

Albany County Households	Albany County Heating Oil Households
226,145	15,562

585 Albany County Oil Companies Go the Distance

With 7 million gallons of heating oil delivered to Albany County homeowners during the winter of 2023, the Albany County community relies on its 585 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 Albany County, two of the closest terminals are Apex in Albany, NY and Buckeye in Albany, NY. Then, the truck delivers the #2 heating oil to homes and businesses in Albany County.