Updated Today at 12:00 AM
Date | Average Oil Price |
---|---|
12/21/2024 | $3.023 |
12/20/2024 | $3.023 |
12/19/2024 | $3.023 |
12/18/2024 | $2.950 |
12/17/2024 | $3.150 |
12/16/2024 | $3.150 |
12/15/2024 | $3.200 |
12/14/2024 | $3.200 |
12/13/2024 | $3.200 |
12/12/2024 | $3.200 |
12/11/2024 | $3.200 |
12/10/2024 | $3.083 |
12/09/2024 | $3.083 |
12/08/2024 | $3.083 |
12/07/2024 | $3.083 |
12/06/2024 | $3.083 |
12/05/2024 | $3.083 |
12/04/2024 | $3.133 |
12/03/2024 | $3.025 |
12/02/2024 | $3.133 |
12/01/2024 | $3.133 |
11/30/2024 | $3.133 |
11/29/2024 | $3.133 |
11/28/2024 | $3.133 |
11/27/2024 | $3.133 |
11/26/2024 | $3.025 |
11/25/2024 | $3.025 |
11/24/2024 | $3.025 |
11/23/2024 | $3.025 |
11/22/2024 | $3.025 |
Homeowners have a variety of home heating fuels to choose from. Natural gas is the most popular choice in New York County, used by 4,593,346 or 59.99% of homes. The 2nd most popular choice for New York 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).
New York County Primary Home Heating Fuel Popularity by Number of Households
Fuel | New York 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 New York County. In the 9 years since 2013, the number of heating oil homes fell from 1,986,090 to 1,379,410, a 30.55% drop.
New York 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 2013 and today, the number of homes using propane as the primary space heating fuel rose from 236,289 to 371,184.
Between 2013 and today, the number of homes using natural gas as the primary space heating fuel rose from 4,019,230 to 4,593,346.
Electric space heating systems are becoming more popular in New York County. Since 2013, the number of homes heating with electricity rose from 711,860 to 1,040,155, a 46.12% 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 New York County are heated with active solar arrays. This is a 307.41% increase from 2013, when only 2,077 homes had installed active solar heating.
Last year, New York County homeowners purchased a total of 61 million gallons of heating oil.
Short Term Trends
New York 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 New York County, the average outside temperature was 4.8° F warmer than the prior winter's average outside temperature.
New York County Average Winter Temperature
Heating Season | Average Temperature |
---|---|
2024 - 2025 | 45.4° F |
2023 - 2024 | 40.6° F |
For New York County homeowners heating with oil, selecting which of the 124 heating oil companies that serve New York 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 59 “full-service” oil companies that serve New York County. Full service companies such as Plitnick Home Fuel & Service Co LLC or Nrg Heat & Power 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 New York 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 New York County include Ronco Oil Inc and Nyc Oil & Energy Corp.
New York County Heating Oil Company Fast Facts
Heating Oil Companies Serving New York County: 124 companies
Average Number Of New York County Homes Served Per Company: 1,021 homes
Average Gallons Delivered per New York County Oil Company: 492,043 gallons per year
Approximately 126,608 households in New York County heat their homes with fuel oil. This makes oil delivery essential, especially when New York County temperatures drop as low as 42.5° F each winter.
16% of New York County Households Rely On Heating Oil Delivery Each Winter
New York County Households | New York County Heating Oil Households |
---|---|
773,063 | 126,608 |
124 New York County Oil Companies Go the Distance
With 61 million gallons of heating oil delivered to New York County homeowners during the winter of 2023, the New York County community relies on its 124 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 New York County, two of the closest terminals are Etmt in Newark Proper, NJ and Etmt in Newark, NJ. Then, the truck delivers the #2 heating oil to homes and businesses in New York County.