Cheapest Madison County Heating Oil Price History
Updated on March 3, 2026 at 01:00 PM
| Date | Price |
|---|---|
| 03/03/2026 | $4.033 |
| 03/02/2026 | $3.862 |
| 03/01/2026 | $3.777 |
| 02/28/2026 | $3.777 |
| 02/27/2026 | $3.777 |
| 02/26/2026 | $3.784 |
| 02/25/2026 | $3.783 |
| 02/24/2026 | $3.777 |
| 02/23/2026 | $3.766 |
| 02/22/2026 | $3.748 |
| 02/21/2026 | $3.747 |
| 02/20/2026 | $3.747 |
| 02/19/2026 | $3.741 |
| 02/18/2026 | $3.748 |
| 02/17/2026 | $3.758 |
| 02/16/2026 | $3.773 |
| 02/15/2026 | $3.787 |
| 02/14/2026 | $3.787 |
| 02/13/2026 | $3.786 |
| 02/12/2026 | $3.790 |
| 02/11/2026 | $3.789 |
| 02/10/2026 | $3.784 |
| 02/09/2026 | $3.779 |
| 02/08/2026 | $3.770 |
| 02/07/2026 | $3.773 |
| 02/06/2026 | $3.778 |
| 02/05/2026 | $3.769 |
| 02/04/2026 | $3.759 |
| 02/03/2026 | $3.757 |
| 02/02/2026 | $3.760 |
Propane vs. Natural Gas vs. Heating Oil: Madison Home Heating Fuel Comparison
Households have a host 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 next most popular primary heating fuel for Madison residents 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
Oil has become less popular in Madison. In the 11 years since 2014, the number of homeowners using fuel oil declined from 1,752,656 to 1,103,323, a 37% drop.
Propane vs. Natural Gas use for home heating in Madison
Between 2014 and today, the number of households using propane as the primary space heating fuel rose from 258,775 to 377,922, a 46% change. Comparing 2014 and today, the number of homes using natural gas as the primary space heating fuel ramped up from 4,186,666 to 4,725,574, a 13% change.
Electricity use for home heating in Madison
Electric heat pump systems for home heating are gaining popularity in Madison. Since 2014, the number of homes heating with electricity increased from 770,577 to 1,365,710, a 77% change.
Adoption of solar home heating systems in Madison
The most eco-friendly heating option is solar. With an “active” solar heating system, liquid flows between solar panels on a home’s roof and a heat energy storage tank (similar to a hot water heater) in the basement. Today, 16,434 homes in Madison are heated with active solar arrays. This is a 539% gain from 2014, when 2,573 homes utilized 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 number two heating oil use fluctuates annually as winter conditions change. As the temperature outside gets colder, homes’ furnaces need to burn additional fuel oil to maintain the temperature that the thermostat is set to. 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 residences heating with heating oil, picking which of the 9 heating oil companies that serve Madison makes a big difference.
Full Service Oil Companies: Homeowners who want a “set-it-and-forget-it” heating system choose 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 households annual contracts which consist of a combined package of both automatic heating oil delivery and boiler repair. With an automatic oil delivery contract, the company tracks your home’s number two heating oil consumption and makes deliveries when your tank is running low. The family 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 budget-conscious. With discount oil companies, in return for better prices, you monitor the fuel oil level in your tank, and you place an oil order either when the level runs low or just before a major snowstorm. Some of the 2 Madison cash heating oil companies serving Madison include Jennison Fuels LLC and Nassimos Enterprises LLC.
Madison Fuel Oil Company Fast Facts: Heating oil Companies Serving Madison: 9 companies .
Average Number of Madison Households Served per Number Two Heating Oil company : 122591
Madison Heating Oil Delivery Overview
1,103,323 households in Madison heat their homes with heating oil. This makes oil delivery essential, especially when Madison temperatures drop as low as 22.4° F each winter. 14% of Madison families are reliant on oil delivery each winter.
7.03% of Madison County Households Rely On Heating Oil Delivery Each Winter
| Madison County Households | Madison County Heating Oil Households |
|---|---|
| 15.6M | 1.1M |
115 Madison Fuel Oil Companies Go The Distance
With 664,748,714.28 gallons of number two heating oil delivered to Madison homeowners the last heating season, the Madison community looks to its 115 oil companies when temperatures dip. Oil delivery has two parts to it: First, an oil truck picks up oil at the nearest bulk fuel terminal (also known as a “rack”). In the case of Madison, two of the closest terminals are Sprague in Bridgeport, CT and N.h.term in New Haven, CT. Then, the truck delivers the fuel oil to residences and companies throughout Madison and the surrounding vicinity.
