Updated Today at 12:00 AM
Date | Average Oil Price |
---|---|
11/21/2024 | $3.044 |
11/20/2024 | $3.044 |
11/19/2024 | $3.059 |
11/18/2024 | $3.057 |
11/17/2024 | $3.057 |
11/16/2024 | $3.057 |
11/15/2024 | $3.033 |
11/14/2024 | $3.033 |
11/13/2024 | $3.032 |
11/12/2024 | $3.036 |
11/11/2024 | $3.036 |
11/10/2024 | $3.054 |
11/09/2024 | $3.054 |
11/08/2024 | $3.010 |
11/07/2024 | $3.010 |
11/06/2024 | $3.010 |
11/05/2024 | $3.010 |
11/04/2024 | $3.010 |
11/03/2024 | $3.010 |
11/02/2024 | $3.010 |
11/01/2024 | $3.010 |
10/31/2024 | $3.010 |
10/30/2024 | $3.012 |
10/29/2024 | $3.039 |
10/28/2024 | $3.039 |
10/27/2024 | $3.039 |
10/26/2024 | $3.039 |
10/25/2024 | $3.039 |
10/24/2024 | $3.042 |
10/23/2024 | $3.042 |
Homeowners have a variety of home heating fuels to choose from. Natural gas is the most popular choice in Montgomery County, used by 2,698,438 or 51.75% of homes. The 2nd most popular choice for Montgomery County homeowners is electricity, used by 1,275,546 homes (24.46%). The remaining homes are heated with heating oil (786,449), propane (256,098), wood (122,435), and other fuels (139,486).
Montgomery County Primary Home Heating Fuel Popularity by Number of Households
Fuel | Montgomery County Households | % of Households |
---|---|---|
Natural Gas | 2.6M | 51.8% |
Electricity | 1.2M | 24.5% |
Heating Oil | 786,449 | 15.1% |
Propane | 256,098 | 4.9% |
Wood | 122,435 | 2.4% |
Coal | 51,531 | 1.0% |
Other Fuels | 50,506 | 1.0% |
No Fuel | 33,356 | 0.6% |
Solar | 4,093 | 0.1% |
Natural gas (51.8%)
Electricity (24.5%)
Heating oil (15.1%)
Propane (4.9%)
Wood (2.4%)
Coal (1.0%)
Other fuels (1.0%)
No fuel (0.6%)
Solar (0.1%)
Heating oil has become less popular in Montgomery County. In the 2 years since 2020, the number of heating oil homes fell from 811,086 to 786,449, a 3.04% drop.
Montgomery County Heating Oil Households (2011 - 2022)
Year | Heating Oil Households |
---|---|
2011 | 1.0M |
2012 | 1.0M |
2013 | 963,754 |
2014 | 930,735 |
2015 | 899,276 |
2016 | 864,952 |
2017 | 843,020 |
2018 | 828,104 |
2019 | 814,213 |
2020 | 811,086 |
2021 | 790,823 |
2022 | 786,449 |
Between 2020 and today, the number of homes using propane as the primary space heating fuel rose from 232,603 to 256,098.
Between 2020 and today, the number of homes using natural gas as the primary space heating fuel rose from 2,619,736 to 2,698,438.
Electric space heating systems are becoming more popular in Montgomery County. Since 2020, the number of homes heating with electricity rose from 1,199,935 to 1,275,546, a 6.30% 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, 4,093 homes in Montgomery County are heated with active solar arrays. This is a 46.07% increase from 2020, when only 2,802 homes had installed active solar heating.
Last year, Montgomery County homeowners purchased a total of 35 million gallons of heating oil.
Short Term Trends
Montgomery 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 Montgomery County, the average outside temperature was 6.3° F warmer than the prior winter's average outside temperature.
Montgomery County Average Winter Temperature
Heating Season | Average Temperature |
---|---|
Winter 2023 - 2024 | 34.5° F |
Winter 2022 - 2023 | 28.2° F |
For Montgomery County homeowners heating with oil, selecting which of the 67 heating oil companies that serve Montgomery 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 546 “full-service” oil companies that serve Montgomery County. Full service companies such as IT Landes or InterCounty Oil Services Inc 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 Montgomery 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 Montgomery County include Blaze Oil Corporation and Merit Fuel Inc.
Montgomery County Heating Oil Company Fast Facts
Heating Oil Companies Serving Montgomery County: 67 companies
Average Number Of Montgomery County Homes Served Per Company: 802 homes
Average Gallons Delivered per Montgomery County Oil Company: 517,984 gallons per year
Approximately 53,782 households in Montgomery County heat their homes with fuel oil. This makes oil delivery essential, especially when Montgomery County temperatures drop as low as 42.5° F each winter.
16% of Montgomery County Households Rely On Heating Oil Delivery Each Winter
Montgomery County Households | Montgomery County Heating Oil Households |
---|---|
334,863 | 53,782 |
1,622 Montgomery County Oil Companies Go the Distance
With 35 million gallons of heating oil delivered to Montgomery County homeowners during the winter of 2023, the Montgomery County community relies on its 1,622 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 Montgomery County, two of the closest terminals are Buckeye in Malverne, PA and Pbf S in Philadelphia, PA. Then, the truck delivers the #2 heating oil to homes and businesses in Montgomery County.