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Isle Of Wight County Heating Oil Price History

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

Propane vs. Natural Gas vs. Heating Oil: Isle Of Wight County Home Heating Fuel Comparison

Homeowners have a variety of home heating fuels to choose from. Electricity is the most popular choice in Isle Of Wight County, used by 1,887,993 or 56.72% of homes. The 2nd most popular choice for Isle Of Wight 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).

Isle Of Wight County Primary Home Heating Fuel Popularity by Number of Households

Fuel	Isle Of Wight 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%)

#2 Heating Oil (Fuel Oil) Use in Isle Of Wight County

Heating oil has become less popular in Isle Of Wight County. In the 2 years since 2020, the number of heating oil homes fell from 137,208 to 129,907, a 5.32% drop.

Isle Of Wight 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

Propane vs. Natural Gas use for home heating in Isle Of Wight County

Between 2020 and today, the number of homes using propane as the primary space heating fuel rose from 138,451 to 153,698.

Between 2020 and today, the number of homes using natural gas as the primary space heating fuel rose from 1,049,137 to 1,101,616.

Electricity use for home heating in Isle Of Wight County

Electric space heating systems are becoming more popular in Isle Of Wight County. Since 2020, the number of homes heating with electricity rose from 1,765,043 to 1,887,993, a 6.97% increase.

Solar use for home heating in Isle Of Wight County

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 Isle Of Wight County are heated with active solar arrays. This is a 91.84% increase from 2020, when only 1,434 homes had installed active solar heating.

Isle Of Wight County Heating Oil Trends

Last year, Isle Of Wight County homeowners purchased a total of 26,575 gallons of heating oil.

Short Term Trends

Isle Of Wight 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 Isle Of Wight County, the average outside temperature was 9.3° F warmer than the prior winter's average outside temperature.

Isle Of Wight County Average Winter Temperature

Heating Season	Average Temperature
Winter 2023 - 2024	44.7° F
Winter 2022 - 2023	35.4° F

Isle Of Wight County Homeowner’s Guide to Selecting an Oil Company

For Isle Of Wight County homeowners heating with oil, selecting which of the 3 heating oil companies that serve Isle Of Wight 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 0 “full-service” oil companies that serve Isle Of Wight County. Full service companies such as undefined or undefined 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 Isle Of Wight 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 Isle Of Wight County include Griffin Oil & Propane and Miller's Energy.

Isle Of Wight County Heating Oil Company Fast Facts

Heating Oil Companies Serving Isle Of Wight County: 3 companies

Average Number Of Isle Of Wight County Homes Served Per Company: 14 homes

Average Gallons Delivered per Isle Of Wight County Oil Company: 8,858 gallons per year

Isle Of Wight County Heating Oil Delivery Overview

Approximately 44 households in Isle Of Wight County heat their homes with fuel oil. This makes oil delivery essential, especially when Isle Of Wight County temperatures drop as low as 42.5° F each winter.

1% of Isle Of Wight County Households Rely On Heating Oil Delivery Each Winter

Isle Of Wight County Households	Isle Of Wight County Heating Oil Households
3,826	44

6 Isle Of Wight County Oil Companies Go the Distance

With 26,575 gallons of heating oil delivered to Isle Of Wight County homeowners during the winter of 2023, the Isle Of Wight County community relies on its 6 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 Isle Of Wight County, two of the closest terminals are Kinder-m2 in Richmond, VA and 1st Enrgy in Richmond, VA. Then, the truck delivers the #2 heating oil to homes and businesses in Isle Of Wight County.