Cheapest Madison County Heating Oil Price History
Updated Today at 09:17 AM
| Date | Price |
|---|---|
| 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 |
| 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 |
Propane vs. Natural Gas vs. Heating Oil: Madison Home Heating Fuel Comparison
Households have a variety of fuels to choose from when it comes to heating. Natural Gas is the most popular choice in Madison, used by 4,725,574 or 61% of homeowners. The 2nd most popular primary heating fuel for Madison households is Electricity, used by 1,365,710 homes (18%). The rest of the 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 less popular in Madison. In the 8 years since 2017, the number of households using heating oil dropped from 1,496,843 to 1,103,323, a 26% drop.
Propane vs. Natural Gas use for home heating in Madison
Between 2017 and today, the number of houses using propane as the primary space heating fuel jumped from 294,973 to 377,922, a 28% change. Comparing 2017 and today, the number of homes using natural gas as the primary space heating fuel jumped from 4,339,349 to 4,725,574, a 9% change.
Electricity use for home heating in Madison
Electric heat pump systems for home heating are increasing in demand in Madison. Since 2017, the number of homes heating with electricity ramped up from 867,925 to 1,365,710, a 57% 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. Currently, 16,434 homes in Madison are heated with active solar arrays. This is a 174% gain from 2017, when 5,988 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 fluctuates annually correlating with how cold it gets each winter. As the temperature outside dips, homes’ heating systems need to burn increasing amounts of 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 fuel oil, selecting which of the 9 heating oil companies that serve Madison makes a big difference.
Full Service Oil Companies: Homeowners who value a “set-it-and-forget-it” heating system select 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 customers annual contracts which consist of a combined package of both automatic number two heating oil delivery and furnace repair. With an automatic number two heating 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 referred to as “COD Fuel” or “Cash Heating Oil” companies, discount oil companies are for households who are budget-conscious. With discount oil companies, in exchange for lower prices, you monitor the heating oil level in your tank, and you place an oil order when the oil gauge dips below a quarter tank. A few of the 2 Madison cash heating oil companies serving Madison include Jennison Fuels LLC and Nassimos Enterprises LLC.
Madison Number Two Heating Oil Company Statistics: Number two heating oil Companies Serving Madison: 9 companies .
Average Number of Madison Homes Served per Fuel Oil company : 122591
Madison Heating Oil Delivery Overview
1,103,323 residences 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 homes rely 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 Heating Oil Companies You Can Bank On
With 664,748,714.28 gallons of fuel oil delivered to Madison families last winter, the Madison community depends on its 115 oil companies to keep their oil tanks full. 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 oil to residences and companies throughout Madison and the surrounding area.