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Cheapest heating oil price in Binghamton
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Oil Prices For Heating Oil Companies In Binghamton, NY
| Heating Oil Company | Oil Price Per Gallon |
|---|---|
| Scott Smith and Son Inc | Call for price |
| Economy Heating | Call for price |
| G W Knapp and Son Inc | Call for price |
| Mirabito Holdings | Call for price |
Binghamton Homeowner’s Guide to Selecting an Oil Company
For Binghamton residences heating with number two heating oil, choosing which of the 4 heating oil companies that serve Binghamton makes a big difference.
Full Service Oil Companies: Homeowners who want a “set-it-and-forget-it” heating system choose one of the 4 “full-service” oil companies that serve Binghamton. Full service companies such as Scott Smith & Son Inc or Rapp Petroleum Corporation Economy Heating Lindsey Oil offer homeowners annual contracts which consist of a combined package of both automatic number two heating oil delivery and furnace repair. With an automatic oil delivery contract, the company tracks your home’s fuel oil consumption and makes deliveries when your tank is running low. The client does not need to monitor the level of the oil tank or place individual orders.
Discount Oil Companies: Often called “COD Fuel” or “Cash Heating Oil” companies, discount oil companies are for households who are on a budget. With discount oil companies, in exchange for lower prices, you monitor the heating oil level in your tank, and you place an oil order either when the level runs low or just before a major snowstorm. A few of the 0 Binghamton cash heating oil companies serving Binghamton include and .
Binghamton Fuel Oil Company Fast Facts: Oil Companies Serving Binghamton: 4 companies .
Average Number of Binghamton Homes Served per Heating Oil company : 327
Binghamton, NY Heating Oil Trends
Last year, Binghamton homeowners purchased a total of 861,652 gallons of heating oil. Out of the 1008 towns in New York, Binghamton ranks 158th for home heating oil consumption.
Country-wide, Binghamton ranks 970th out of 29,620 towns in America for heating oil consumption.
Short Term Trends
Binghamton’s overall number two heating oil use varies yearly depending on winter temperatures. As the temperature outside gets colder, homes’ furnaces need to burn increasing amounts of fuel oil to maintain the temperature that the thermostat is set to. Last winter, the average outside temperature in Binghamton was 25.0°F, which was 6.6°F colder than the prior winter's average outside temperature.
Binghamton Average Winter Temperature
| Heating Season | Average Temperature |
|---|---|
| 2024 - 2025 | 25° F |
| 2023 - 2024 | 31.6° F |
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Average Binghamton Heating Oil Price Trends
Updated on May 25, 2026
| Time Horizon | Price Change |
|---|---|
| 1 Week Trend | +$0.010 |
| 1 Month Trend | -$0.250 |
| 3 Month Trend | +$1.130 |
| 1 Year Trend | +$1.660 |
Average Binghamton Heating Oil Price History
Updated on May 25, 2026
| Date | Price |
|---|---|
| 05/25/2026 | $5.210 |
| 05/11/2026 | $5.200 |
| 04/27/2026 | $5.080 |
| 04/16/2026 | $5.340 |
| 03/30/2026 | $5.460 |
| 03/23/2026 | $5.570 |
| 03/16/2026 | $5.250 |
| 03/09/2026 | $5.180 |
| 03/02/2026 | $4.260 |
| 02/23/2026 | $4.100 |
| 02/16/2026 | $4.120 |
| 02/09/2026 | $4.110 |
| 02/02/2026 | $4.080 |
| 01/26/2026 | $3.790 |
| 01/19/2026 | $3.730 |
| 01/12/2026 | $3.690 |
| 01/05/2026 | $3.720 |
| 12/29/2025 | $3.730 |
| 12/22/2025 | $3.730 |
| 12/15/2025 | $3.790 |
| 12/08/2025 | $3.680 |
| 12/01/2025 | $3.750 |
| 11/24/2025 | $3.750 |
| 11/10/2025 | $3.660 |
| 11/03/2025 | $3.610 |
| 10/27/2025 | $3.550 |
| 10/20/2025 | $3.510 |
| 10/13/2025 | $3.520 |
| 10/06/2025 | $3.490 |
| 09/29/2025 | $3.520 |
| 09/22/2025 | $3.530 |
| 07/21/2025 | $3.550 |
| 07/07/2025 | $3.530 |
| 06/23/2025 | $3.550 |
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20 Seconds Can Save Binghamton Families $1,000+ On Oil Bills Every Year
Propane vs. Natural Gas vs. Heating Oil: Binghamton Home Heating Fuel Comparison
Homes have a choice of fuels to choose from when it comes to heating. Natural Gas is the most common choice in Binghamton, used by 22,552 or 69% of residents. The 2nd most popular primary heating fuel for Binghamton residents is Electricity, used by 6,272 homes (19%). The rest of the homes are heated with Propane (4%), Heating Oil (4%), Other (2%), and Wood (1%).
Binghamton Residential Primary Home Heating Fuel (in Number of Households)
| Year | Natural Gas | Propane | Electricity | Oil | Wood | Solar | Other |
|---|---|---|---|---|---|---|---|
| 2025 | 22,552 | 1,414 | 6,272 | 1,308 | 383 | 66 | 222 |
| 2024 | 22,528 | 1,358 | 6,077 | 1,301 | 381 | 55 | 215 |
| 2023 | 22,252 | 1,314 | 5,916 | 1,292 | 380 | 45 | 203 |
| 2022 | 22,459 | 1,228 | 5,698 | 1,382 | 407 | 56 | 223 |
| 2021 | 22,107 | 929 | 5,658 | 1,780 | 510 | 41 | 172 |
| 2020 | 21,501 | 1,079 | 5,289 | 1,788 | 634 | 12 | 188 |
| 2019 | 21,599 | 1,271 | 4,653 | 2,067 | 601 | 19 | 327 |
| 2018 | 21,884 | 1,167 | 4,595 | 2,322 | 514 | 0 | 329 |
| 2017 | 22,291 | 1,139 | 4,272 | 2,400 | 438 | 0 | 326 |
| 2016 | 22,166 | 1,229 | 4,127 | 2,214 | 421 | 0 | 286 |
| 2015 | 22,657 | 1,233 | 3,848 | 2,292 | 415 | 0 | 340 |
| 2014 | 23,185 | 1,181 | 3,519 | 2,011 | 541 | 0 | 226 |
| 2013 | 23,808 | 1,069 | 3,033 | 2,112 | 523 | 0 | 201 |
| 2012 | 23,909 | 1,107 | 3,210 | 2,050 | 662 | 0 | 140 |
| 2011 | 24,255 | 1,091 | 3,044 | 2,328 | 687 | 0 | 111 |
Heating Oil (Fuel Oil) Use in Binghamton
Oil has become losing popularity in Binghamton. In the 6 years since 2019, the number of households using number two heating oil dropped from 2,067 to 1,308, a 37% drop.
Propane vs. Natural Gas use for home heating in Binghamton
Between 2019 and today, the number of households using propane as the primary space heating fuel ramped up from 1,271 to 1,414, a 11% change. Comparing 2019 and today, the number of homes using natural gas as the primary space heating fuel jumped from 21,599 to 22,552, a 4% change.
Electricity use for home heating in Binghamton
Electric heat pump systems for home heating are more popular in Binghamton. Since 2019, the number of homes heating with electricity increased from 4,653 to 6,272, a 35% change.
Adoption of solar home heating systems in Binghamton
Solar is the most environmentally friendly of all 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 (similar to a hot water heater) in the basement. As it stands today, 66 homes in Binghamton are heated with active solar arrays. This is a 247% gain from 2019, when 19 homes utilized active solar heating.
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Binghamton, NY Heating Oil Delivery Map

Binghamton Heating Oil Delivery Overview
1,308 families in Binghamton heat their homes with oil. This makes oil delivery essential, especially when Binghamton temperatures drop as low as 17.8° F each winter. 4% of Binghamton residences rely on heating oil delivery each winter.
4% of Binghamton, NY Households Rely On Heating Oil Delivery Each Winter
| Binghamton, NY Households | Binghamton, NY Heating Oil Households |
|---|---|
| 32,597 | 1,308 |
4 Binghamton Oil Companies Go The Distance
With 861,652 gallons of number two heating oil delivered to Binghamton houses the last heating season, the Binghamton community looks to its 4 oil companies to keep warm throughout the winter. Oil delivery is a two step process: First, an oil truck picks up oil at the nearest bulk fuel terminal (also known as a “rack”). In the case of Binghamton, two of the closest terminals are Sprague in Bridgeport, CT and N.h.term in New Haven, CT. Then, the truck delivers the number two heating oil to residences and companies throughout Binghamton and the surrounding area.