Updated Today at 12:00 AM
Date | Average Oil Price |
---|---|
10/03/2024 | $2.869 |
10/02/2024 | $2.869 |
10/01/2024 | $2.869 |
09/30/2024 | $2.869 |
09/29/2024 | $2.869 |
09/28/2024 | $2.869 |
09/27/2024 | $2.869 |
09/26/2024 | $2.872 |
09/25/2024 | $2.872 |
09/24/2024 | $2.872 |
09/23/2024 | $2.864 |
09/22/2024 | $2.884 |
09/21/2024 | $2.884 |
09/20/2024 | $2.884 |
09/19/2024 | $2.880 |
09/18/2024 | $2.872 |
09/17/2024 | $2.869 |
09/16/2024 | $2.869 |
09/15/2024 | $2.875 |
09/14/2024 | $2.875 |
09/13/2024 | $2.875 |
09/12/2024 | $2.871 |
09/11/2024 | $2.838 |
09/10/2024 | $2.886 |
09/09/2024 | $2.943 |
09/08/2024 | $2.960 |
09/07/2024 | $2.960 |
09/06/2024 | $2.960 |
09/05/2024 | $2.913 |
09/04/2024 | $2.869 |
Homeowners have a variety of home heating fuels to choose from. Natural gas is the most popular choice in Newport County, used by 238,742 or 54.26% of homes. The 2nd most popular choice for Newport County homeowners is heating oil, used by 123,813 homes (28.14%). The remaining homes are heated with electricity (48,633), propane (20,429), wood (6,316), and other fuels (5,741).
Newport County Primary Home Heating Fuel Popularity by Number of Households
Fuel | Newport County Households | % of Households |
---|---|---|
Natural Gas | 238,742 | 54.26% |
Heating Oil | 123,813 | 28.14% |
Electricity | 48,633 | 11.05% |
Propane | 20,429 | 4.64% |
Wood | 6,316 | 1.44% |
Other Fuels | 2,906 | 0.66% |
No Fuel | 2,274 | 0.52% |
Solar | 368 | 0.08% |
Coal | 193 | 0.04% |
Natural gas (54.26)
Heating oil (28.14)
Electricity (11.05)
Propane (4.64)
Wood (1.44)
Other fuels (0.66)
No fuel (0.52)
Solar (0.08)
Coal (0.04)
Heating oil has become less popular in Newport County. In the 4 years since 2018, the number of heating oil homes fell from 125,460 to 123,813, a 1.31% drop.
Newport County Heating Oil Households (2011 - 2022)
Year | Heating Oil Households |
---|---|
2011 | 157,426 |
2012 | 153,479 |
2013 | 147,768 |
2014 | 142,612 |
2015 | 137,451 |
2016 | 132,040 |
2017 | 128,844 |
2018 | 125,460 |
2019 | 122,583 |
2020 | 121,062 |
2021 | 122,289 |
2022 | 123,813 |
Between 2018 and today, the number of homes using propane as the primary space heating fuel rose from 11,935 to 20,429.
Between 2018 and today, the number of homes using natural gas as the primary space heating fuel rose from 220,693 to 238,742.
Electric space heating systems are becoming more popular in Newport County. Since 2018, the number of homes heating with electricity rose from 42,130 to 48,633, a 15.44% 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, 368 homes in Newport County are heated with active solar arrays. This is a 283.33% increase from 2018, when only 96 homes had installed active solar heating.
Last year, Newport County homeowners purchased a total of 12 million gallons of heating oil.
Short Term Trends
Newport 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 Newport County, the average outside temperature was 12.0° F warmer than the prior winter's average outside temperature.
Newport County Average Winter Temperature
Heating Season | Average Temperature |
---|---|
Winter 2023 - 2024 | 64.4° F |
Winter 2022 - 2023 | 52.4° F |
For Newport County homeowners heating with oil, selecting which of the 70 heating oil companies that serve Newport 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 39 “full-service” oil companies that serve Newport County. Full service companies such as Dudek Oil or Wildcat Oil Co 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 Newport 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 Newport County include Prout Comfort Solutions and American Home Heating & Air Conditioning.
Newport County Heating Oil Company Fast Facts
Heating Oil Companies Serving Newport County: 70 companies
Average Number Of Newport County Homes Served Per Company: 228 homes
Average Gallons Delivered per Newport County Oil Company: 169,947 gallons per year
Approximately 16,029 households in Newport County heat their homes with fuel oil. This makes oil delivery essential, especially when Newport County temperatures drop as low as 42.5° F each winter.
44% of Newport County Households Rely On Heating Oil Delivery Each Winter
Newport County Households | Newport County Heating Oil Households |
---|---|
36,113 | 16,029 |
367 Newport County Oil Companies Go the Distance
With 12 million gallons of heating oil delivered to Newport County homeowners during the winter of 2023, the Newport County community relies on its 367 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 Newport County, two of the closest terminals are Shell in Providence, RI and Sprague in Providence, RI. Then, the truck delivers the #2 heating oil to homes and businesses in Newport County.