Updated Today at 12:00 AM
Date | Average Oil Price |
---|---|
11/21/2024 | $3.086 |
11/20/2024 | $3.086 |
11/19/2024 | $3.075 |
11/18/2024 | $3.095 |
11/15/2024 | $3.035 |
11/14/2024 | $3.040 |
11/13/2024 | $3.037 |
11/12/2024 | $3.081 |
11/11/2024 | $3.127 |
11/08/2024 | $3.085 |
11/07/2024 | $3.080 |
11/06/2024 | $3.075 |
11/05/2024 | $3.091 |
11/04/2024 | $3.102 |
11/01/2024 | $3.082 |
10/31/2024 | $3.096 |
10/30/2024 | $3.089 |
10/29/2024 | $3.088 |
10/28/2024 | $3.087 |
10/25/2024 | $3.104 |
10/24/2024 | $3.105 |
10/23/2024 | $3.106 |
10/22/2024 | $3.110 |
10/21/2024 | $3.115 |
10/18/2024 | $3.122 |
10/17/2024 | $3.124 |
10/16/2024 | $3.134 |
10/15/2024 | $3.130 |
10/14/2024 | $3.130 |
10/11/2024 | $3.131 |
Homeowners have a variety of home heating fuels to choose from. Natural gas is the most popular choice in Niagara County, used by 4,593,346 or 59.99% of homes. The 2nd most popular choice for Niagara 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).
Niagara County Primary Home Heating Fuel Popularity by Number of Households
Fuel | Niagara 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 Niagara County. In the 2 years since 2020, the number of heating oil homes fell from 1,451,030 to 1,379,410, a 4.94% drop.
Niagara 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 2020 and today, the number of homes using propane as the primary space heating fuel rose from 316,900 to 371,184.
Between 2020 and today, the number of homes using natural gas as the primary space heating fuel rose from 4,403,117 to 4,593,346.
Electric space heating systems are becoming more popular in Niagara County. Since 2020, the number of homes heating with electricity rose from 925,349 to 1,040,155, a 12.41% 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 Niagara County are heated with active solar arrays. This is a 15.11% increase from 2020, when only 7,351 homes had installed active solar heating.
Last year, Niagara County homeowners purchased a total of 2 million gallons of heating oil.
Short Term Trends
Niagara 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 Niagara County, the average outside temperature was 5.0° F warmer than the prior winter's average outside temperature.
Niagara County Average Winter Temperature
Heating Season | Average Temperature |
---|---|
Winter 2023 - 2024 | 41.3° F |
Winter 2022 - 2023 | 36.3° F |
For Niagara County homeowners heating with oil, selecting which of the 6 heating oil companies that serve Niagara 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 10 “full-service” oil companies that serve Niagara County. Full service companies such as Drum Oil Inc or The Maunz Corporation 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 Niagara 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 Niagara County include Noco Energy Corp and Ken Wendts Propane Gas Service Inc.
Niagara County Heating Oil Company Fast Facts
Heating Oil Companies Serving Niagara County: 6 companies
Average Number Of Niagara County Homes Served Per Company: 586 homes
Average Gallons Delivered per Niagara County Oil Company: 282,558 gallons per year
Approximately 3,518 households in Niagara County heat their homes with fuel oil. This makes oil delivery essential, especially when Niagara County temperatures drop as low as 42.5° F each winter.
4% of Niagara County Households Rely On Heating Oil Delivery Each Winter
Niagara County Households | Niagara County Heating Oil Households |
---|---|
85,573 | 3,518 |
48 Niagara County Oil Companies Go the Distance
With 2 million gallons of heating oil delivered to Niagara County homeowners during the winter of 2023, the Niagara County community relies on its 48 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 Niagara County, two of the closest terminals are Marathon in Tonawanda, NY and Etmt in Tonawanda, NY. Then, the truck delivers the #2 heating oil to homes and businesses in Niagara County.