Updated on July 30, 2024 at 12:00 AM
Date | Average Oil Price |
---|---|
07/30/2024 | $3.199 |
07/29/2024 | $3.199 |
07/26/2024 | $3.199 |
07/25/2024 | $3.199 |
07/24/2024 | $3.299 |
07/23/2024 | $3.299 |
07/22/2024 | $3.299 |
07/19/2024 | $3.299 |
07/18/2024 | $3.299 |
07/17/2024 | $3.299 |
07/16/2024 | $3.299 |
07/15/2024 | $3.299 |
07/12/2024 | $3.249 |
07/11/2024 | $3.249 |
07/10/2024 | $3.249 |
07/09/2024 | $3.249 |
07/08/2024 | $3.199 |
07/05/2024 | $3.199 |
07/04/2024 | $3.199 |
07/03/2024 | $3.199 |
07/02/2024 | $3.199 |
07/01/2024 | $3.199 |
06/28/2024 | $3.199 |
06/27/2024 | $3.099 |
06/26/2024 | $3.099 |
06/25/2024 | $3.099 |
06/24/2024 | $3.099 |
06/13/2024 | $3.299 |
06/12/2024 | $3.299 |
06/11/2024 | $3.299 |
Homeowners have a variety of home heating fuels to choose from. Electricity is the most popular choice in Henrico County, used by 1,887,993 or 56.72% of homes. The 2nd most popular choice for Henrico County homeowners is natural gas, used by 1,101,616 homes (33.09%). The remaining homes are heated with propane (153,698), heating oil (129,907), wood (65,453), and other fuels (41,045).
Henrico County Primary Home Heating Fuel Popularity by Number of Households
Fuel | Henrico County Households | % of Households |
---|---|---|
Electricity | 1.8M | 56.7% |
Natural Gas | 1.1M | 33.1% |
Propane | 153,698 | 4.6% |
Heating Oil | 129,907 | 3.9% |
Wood | 65,453 | 2.0% |
No Fuel | 24,314 | 0.7% |
Other Fuels | 12,489 | 0.4% |
Solar | 2,751 | 0.1% |
Coal | 1,491 | 0.0% |
Electricity (56.7%)
Natural gas (33.1%)
Propane (4.6%)
Heating oil (3.9%)
Wood (2.0%)
No fuel (0.7%)
Other fuels (0.4%)
Solar (0.1%)
Coal (0.0%)
Heating oil has become less popular in Henrico County. In the 8 years since 2014, the number of heating oil homes fell from 182,928 to 129,907, a 28.98% drop.
Henrico County Heating Oil Households (2011 - 2022)
Year | Heating Oil Households |
---|---|
2011 | 228,988 |
2012 | 211,492 |
2013 | 195,333 |
2014 | 182,928 |
2015 | 171,696 |
2016 | 162,011 |
2017 | 154,885 |
2018 | 148,684 |
2019 | 141,997 |
2020 | 137,208 |
2021 | 128,923 |
2022 | 129,907 |
Between 2014 and today, the number of homes using propane as the primary space heating fuel rose from 137,125 to 153,698.
Between 2014 and today, the number of homes using natural gas as the primary space heating fuel rose from 1,026,346 to 1,101,616.
Electric space heating systems are becoming more popular in Henrico County. Since 2014, the number of homes heating with electricity rose from 1,590,273 to 1,887,993, a 18.72% 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, 2,751 homes in Henrico County are heated with active solar arrays. This is a 344.43% increase from 2014, when only 619 homes had installed active solar heating.
Last year, Henrico County homeowners purchased a total of 7 million gallons of heating oil.
Short Term Trends
Henrico 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 Henrico County, the average outside temperature was 4.2° F warmer than the prior winter's average outside temperature.
Henrico County Average Winter Temperature
Heating Season | Average Temperature |
---|---|
2024 - 2025 | 46.5° F |
2023 - 2024 | 42.3° F |
For Henrico County homeowners heating with oil, selecting which of the 5 heating oil companies that serve Henrico 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 4 “full-service” oil companies that serve Henrico County. Full service companies such as Hungerford Heating & Cooling or Hungerford Heating & Cooling 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 Henrico 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 Henrico County include Southside Fuel and J M Pollard.
Henrico County Heating Oil Company Fast Facts
Heating Oil Companies Serving Henrico County: 5 companies
Average Number Of Henrico County Homes Served Per Company: 2,323 homes
Average Gallons Delivered per Henrico County Oil Company: 1,403,540 gallons per year
Approximately 11,619 households in Henrico County heat their homes with fuel oil. This makes oil delivery essential, especially when Henrico County temperatures drop as low as 42.5° F each winter.
3% of Henrico County Households Rely On Heating Oil Delivery Each Winter
Henrico County Households | Henrico County Heating Oil Households |
---|---|
291,112 | 11,619 |
19 Henrico County Oil Companies Go the Distance
With 7 million gallons of heating oil delivered to Henrico County homeowners during the winter of 2023, the Henrico County community relies on its 19 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 Henrico County, two of the closest terminals are 1st Enrgy in Richmond, VA and Kinder-m2 in Richmond, VA. Then, the truck delivers the #2 heating oil to homes and businesses in Henrico County.