Cheapest Madison County Heating Oil Price History
Updated on February 1, 2026 at 09:15 AM
| Date | Price |
|---|---|
| 02/01/2026 | $3.678 |
| 01/31/2026 | $3.677 |
| 01/30/2026 | $3.676 |
| 01/29/2026 | $3.656 |
| 01/28/2026 | $3.569 |
| 01/27/2026 | $3.497 |
| 01/26/2026 | $3.406 |
| 01/25/2026 | $3.339 |
| 01/24/2026 | $3.340 |
| 01/23/2026 | $3.340 |
| 01/22/2026 | $3.309 |
| 01/21/2026 | $3.215 |
| 01/20/2026 | $3.173 |
| 01/19/2026 | $3.161 |
| 01/18/2026 | $3.163 |
| 01/17/2026 | $3.168 |
| 01/16/2026 | $3.168 |
| 01/15/2026 | $3.170 |
| 01/14/2026 | $3.163 |
| 01/13/2026 | $3.155 |
| 01/12/2026 | $3.158 |
| 01/11/2026 | $3.172 |
| 01/10/2026 | $3.174 |
| 01/09/2026 | $3.177 |
| 01/08/2026 | $3.182 |
| 01/07/2026 | $3.194 |
| 01/06/2026 | $3.197 |
| 01/05/2026 | $3.198 |
| 01/04/2026 | $3.199 |
| 01/03/2026 | $3.199 |
Propane vs. Natural Gas vs. Heating Oil: Madison Home Heating Fuel Comparison
Homes have a choice of fuels to choose from when it comes to heating. Natural Gas is the preferred choice in Madison, used by 4,725,574 or 61% of residents. The 2nd most popular primary heating fuel for Madison homeowners is Electricity, used by 1,365,710 homes (18%). The other homes are heated with Heating Oil (14%), Propane (5%), Other (1%), and Wood (1%).
Madison County Residential Primary Home Heating Fuel (in Number of Households)
| Year | Natural Gas | Propane | Electricity | Oil | Wood | Solar | Other |
|---|---|---|---|---|---|---|---|
| 2025 | 4,725,574 | 377,922 | 1,365,710 | 1,103,323 | 92,054 | 16,434 | 100,232 |
| 2024 | 4,679,558 | 370,910 | 1,292,868 | 1,143,783 | 96,147 | 15,259 | 97,524 |
| 2023 | 4,581,041 | 402,335 | 1,263,700 | 1,212,850 | 100,015 | 11,208 | 104,369 |
| 2022 | 4,542,443 | 400,969 | 1,190,880 | 1,279,260 | 99,080 | 11,314 | 103,810 |
| 2021 | 4,489,009 | 388,311 | 1,118,015 | 1,293,770 | 108,202 | 8,858 | 98,952 |
| 2020 | 4,504,504 | 353,944 | 1,014,730 | 1,343,665 | 111,106 | 8,778 | 89,024 |
| 2019 | 4,519,999 | 319,576 | 911,445 | 1,393,560 | 114,011 | 8,697 | 79,096 |
| 2018 | 4,397,917 | 308,020 | 890,554 | 1,459,976 | 120,159 | 6,022 | 82,621 |
| 2017 | 4,339,349 | 294,973 | 867,925 | 1,496,843 | 122,088 | 5,988 | 77,386 |
| 2016 | 4,227,422 | 273,838 | 860,856 | 1,540,787 | 126,890 | 6,535 | 79,479 |
| 2015 | 4,202,413 | 265,224 | 808,370 | 1,649,860 | 141,016 | 3,120 | 78,999 |
| 2014 | 4,186,666 | 258,775 | 770,577 | 1,752,656 | 145,012 | 2,573 | 76,963 |
| 2013 | 4,074,510 | 259,367 | 764,400 | 1,802,442 | 148,422 | 2,525 | 81,841 |
| 2012 | 4,044,389 | 237,738 | 775,390 | 1,901,118 | 155,603 | 2,168 | 61,429 |
| 2011 | 4,014,222 | 222,634 | 707,016 | 1,979,067 | 143,287 | 2,728 | 63,609 |
| 2010 | 3,961,085 | 227,607 | 676,262 | 2,068,004 | 143,242 | 1,823 | 61,664 |
Heating Oil (Fuel Oil) Use in Madison
Fuel oil has become losing popularity in Madison. In the 10 years since 2015, the number of homeowners using number two heating oil dipped from 1,649,860 to 1,103,323, a 33% drop.
Propane vs. Natural Gas use for home heating in Madison
Between 2015 and today, the number of homes using propane as the primary space heating fuel grew from 265,224 to 377,922, a 42% change. Comparing 2015 and today, the number of homes using natural gas as the primary space heating fuel shot up from 4,202,413 to 4,725,574, a 12% change.
Electricity use for home heating in Madison
Electric heat pump systems for home heating are gaining popularity in Madison. Since 2015, the number of homes heating with electricity jumped from 808,370 to 1,365,710, a 69% change.
Adoption of solar home heating systems in Madison
Solar is the most environmentally friendly of all 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 (similar to a hot water heater) in the basement. Now, 16,434 homes in Madison are heated with active solar arrays. This is a 427% gain from 2015, when 3,120 homes had active solar heating.
Madison County Heating Oil Trends
Last year, Madison County homeowners purchased a total of 2 million gallons of heating oil.
Short Term Trends
Madison’s overall heating oil use changes each year as winter conditions change. As the temperature outside drops, homes’ furnaces need to burn additional fuel oil to keep the house warm inside. Last winter, the average outside temperature in Madison was 28.1°F, which was 5.4°F colder than the prior winter's average outside temperature.
Madison County Average Winter Temperature
| Heating Season | Average Temperature |
|---|---|
| 2024 - 2025 | 28.1° F |
| 2023 - 2024 | 33.5° F |
Madison County Homeowner’s Guide to Selecting an Oil Company
For Madison households heating with number two heating oil, choosing which of the 9 heating oil companies that serve Madison can drastically impact the cost of home heating.
Full Service Oil Companies: Homeowners who are willing to pay a premium for a “set-it-and-forget-it” heating system pick one of the 21 “full-service” oil companies that serve Madison. Full service companies such as Thermo Petroleum Products Inc or Broedel Fuel Group LLC offer clients annual contracts which consist of a combined package of both automatic heating oil delivery and boiler repair. With an automatic number two heating oil delivery contract, the company tracks your home’s fuel oil consumption and makes deliveries when your tank is running low. The customer does not need to monitor the level of the oil tank or place individual orders.
Discount Oil Companies: Also known by the names “COD Fuel” or “Cash Heating Oil” companies, discount oil companies are for families who are looking to save money. With discount oil companies, in return for better prices, you monitor the number two heating oil level in your tank, and you place an oil order when you're running low. Examples of 2 Madison cash heating oil companies serving Madison include Jennison Fuels LLC and Nassimos Enterprises LLC.
Madison Oil Company Fast Facts: Oil Companies Serving Madison: 9 companies .
