Updated on November 8, 2024 at 12:00 AM
Date | Average Oil Price |
---|---|
11/08/2024 | $3.350 |
11/07/2024 | $3.350 |
11/06/2024 | $3.350 |
11/05/2024 | $3.350 |
11/04/2024 | $3.350 |
11/03/2024 | $3.350 |
11/02/2024 | $3.350 |
11/01/2024 | $3.350 |
10/31/2024 | $3.350 |
10/30/2024 | $3.350 |
10/29/2024 | $3.350 |
10/28/2024 | $3.350 |
10/27/2024 | $3.350 |
10/26/2024 | $3.350 |
10/25/2024 | $3.350 |
10/24/2024 | $3.350 |
10/23/2024 | $3.350 |
10/22/2024 | $3.350 |
10/21/2024 | $3.350 |
10/20/2024 | $3.350 |
10/19/2024 | $3.350 |
10/18/2024 | $3.350 |
10/17/2024 | $3.350 |
10/16/2024 | $3.350 |
10/15/2024 | $3.350 |
10/14/2024 | $3.350 |
10/13/2024 | $3.350 |
10/12/2024 | $3.350 |
10/11/2024 | $3.350 |
10/10/2024 | $3.350 |
Homeowners have a variety of home heating fuels to choose from. Natural gas is the most popular choice in Kings County, used by 4,593,346 or 59.99% of homes. The 2nd most popular choice for Kings 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).
Kings County Primary Home Heating Fuel Popularity by Number of Households
Fuel | Kings 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%)
Heating oil has become less popular in Kings County. In the 6 years since 2016, the number of heating oil homes fell from 1,732,065 to 1,379,410, a 20.36% drop.
Kings 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 |
Between 2016 and today, the number of homes using propane as the primary space heating fuel rose from 261,912 to 371,184.
Between 2016 and today, the number of homes using natural gas as the primary space heating fuel rose from 4,161,669 to 4,593,346.
Electric space heating systems are becoming more popular in Kings County. Since 2016, the number of homes heating with electricity rose from 801,149 to 1,040,155, a 29.83% 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, 8,462 homes in Kings County are heated with active solar arrays. This is a 152.75% increase from 2016, when only 3,348 homes had installed active solar heating.
Last year, Kings County homeowners purchased a total of 36 million gallons of heating oil.
Short Term Trends
Kings 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 Kings County, the average outside temperature was 5.0° F warmer than the prior winter's average outside temperature.
Kings County Average Winter Temperature
Heating Season | Average Temperature |
---|---|
Winter 2023 - 2024 | 41.3° F |
Winter 2022 - 2023 | 36.3° F |
For Kings County homeowners heating with oil, selecting which of the 104 heating oil companies that serve Kings 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 49 “full-service” oil companies that serve Kings County. Full service companies such as L & Son Heat Ac Tech Corp or The Carsedge Solutions 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 Kings 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 Kings County include Ronco Oil Inc and Nyc Oil & Energy Corp.
Kings County Heating Oil Company Fast Facts
Heating Oil Companies Serving Kings County: 104 companies
Average Number Of Kings County Homes Served Per Company: 728 homes
Average Gallons Delivered per Kings County Oil Company: 350,833 gallons per year
Approximately 75,713 households in Kings County heat their homes with fuel oil. This makes oil delivery essential, especially when Kings County temperatures drop as low as 42.5° F each winter.
7% of Kings County Households Rely On Heating Oil Delivery Each Winter
Kings County Households | Kings County Heating Oil Households |
---|---|
988,463 | 75,713 |
104 Kings County Oil Companies Go the Distance
With 36 million gallons of heating oil delivered to Kings County homeowners during the winter of 2023, the Kings County community relies on its 104 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 Kings County, two of the closest terminals are Centerpt in Newark, NJ and Centerpt in Newark Proper, NJ. Then, the truck delivers the #2 heating oil to homes and businesses in Kings County.