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Madison County Heating Oil Price History

Updated on February 21, 2025 at 12:00 AM

DatePrice
02/21/2025$3.717
02/20/2025$3.674
02/19/2025$3.653
02/18/2025$3.681
02/17/2025$3.683
02/14/2025$3.719
02/13/2025$3.752
02/12/2025$3.784
02/11/2025$3.758
02/10/2025$3.596
02/07/2025$3.680
02/06/2025$3.680
02/05/2025$3.722
02/04/2025$3.699
02/03/2025$3.702
01/31/2025$3.705
01/30/2025$3.727
01/29/2025$3.689
01/28/2025$3.734
01/27/2025$3.684
01/24/2025$3.758
01/23/2025$3.809
01/22/2025$3.732
01/21/2025$3.718
01/20/2025$3.703
01/17/2025$3.686
01/16/2025$3.635
01/15/2025$3.596
01/14/2025$3.623
01/13/2025$3.663

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

Homeowners have a variety of home heating fuels to choose from. Natural gas is the most popular choice in Madison County, used by 4,593,346 or 59.99% of homes. The 2nd most popular choice for Madison 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 (102,644).

Madison County Primary Home Heating Fuel Popularity by Number of Households

FuelMadison County Households % of Households
Natural Gas4.5M60.0%
Heating Oil1.3M18.0%
Electricity1.0M13.6%
Propane371,1844.8%
No Fuel127,0771.7%
Wood117,3241.5%
Other Fuels102,6441.3%
Coal17,4880.2%
Solar8,4620.1%

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 Madison County

Heating oil has become less popular in Madison County. In the 11 years since 2011, the number of heating oil homes fell from 2,173,711 to 1,379,410, a 36.54% drop.

Madison County Heating Oil Households (2011 - 2022)

YearHeating Oil Households
20112.1M
20122.0M
20131.9M
20141.9M
20151.8M
20161.7M
20171.6M
20181.5M
20191.5M
20201.4M
20211.4M
20221.3M

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

Between 2011 and today, the number of homes using propane as the primary space heating fuel rose from 224,689 to 371,184.

Between 2011 and today, the number of homes using natural gas as the primary space heating fuel rose from 3,908,626 to 4,593,346.

Electricity use for home heating in Madison County

Electric space heating systems are becoming more popular in Madison County. Since 2011, the number of homes heating with electricity rose from 653,872 to 1,040,155, a 59.08% increase.

Solar use for home heating in Madison 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 Madison County are heated with active solar arrays. This is a 403.69% increase from 2011, when only 1,680 homes had installed 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 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 Madison County, the average outside temperature was 1.8° F colder than the prior winter's average outside temperature.

Madison County Average Winter Temperature

Heating SeasonAverage Temperature
2024 - 202538.8° F
2023 - 202440.6° F

Madison County Homeowner’s Guide to Selecting an Oil Company

For Madison County homeowners heating with oil, selecting which of the 9 heating oil companies that serve Madison 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 21 “full-service” oil companies that serve Madison County. Full service companies such as Thermo Petroleum Products Inc or Broedel Fuel Group LLC 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 Madison 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 Madison County include Jennison Fuels LLC and Nassimos Enterprises LLC.

Madison County Heating Oil Company Fast Facts

Heating Oil Companies Serving Madison County: 9 companies

Average Number Of Madison County Homes Served Per Company: 411 homes

Average Gallons Delivered per Madison County Oil Company: 198,331 gallons per year

Madison County Heating Oil Delivery Overview

Approximately 3,704 households in Madison County heat their homes with fuel oil. This makes oil delivery essential, especially when Madison County temperatures drop as low as 42.5° F each winter.

24% of Madison County Households Rely On Heating Oil Delivery Each Winter

Madison County HouseholdsMadison County Heating Oil Households
15,2943,704

115 Madison County Oil Companies Go the Distance

With 2 million gallons of heating oil delivered to Madison County homeowners during the winter of 2024, the Madison County community relies on its 115 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 Madison County, two of the closest terminals are Buckeye in Marcy, NY and Sunoco in Marcy, NY. Then, the truck delivers the #2 heating oil to homes and businesses in Madison County.