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Updated Today at 06:30 AM
Heating Oil Company | Oil Price Per Gallon | Cash Discount | Volume Discount |
---|---|---|---|
Anchor Fuel Oil Inc | $2.95 | Yes | Yes |
Sunshine Fuels & Energy Service | $2.96 | Yes | Yes |
CODOilcom | $3.04 | Yes | Yes |
GetNetFuels | $3.00 | Yes | Yes |
Nite Oil Co Inc | Call for price | No | No |
Helger's United Oil Co | Call for price | No | No |
Quic Oil | Call for price | No | No |
Wildcat Oil Co | Call for price | No | No |
Hope Energy | Call for price | No | No |
Caseys Oil & Propane | Call for price | No | No |
PIER FUEL CO | Call for price | No | No |
Energy One | Call for price | No | No |
East Greenwich Oil Co Inc | Call for price | No | No |
Dudek Oil | Call for price | No | No |
Kent County Oil Service Inc | Call for price | No | No |
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Order Size (gallons) | Credit (per gallon)(/gal) | Cash (per gallon)(/gal) | Updated At |
---|---|---|---|
100 | $2.95 | $2.95 | Dec 19, 2024, 3:00 PM |
150 | $2.88 | $2.88 | Dec 19, 2024, 3:00 PM |
200 | $2.85 | $2.85 | Dec 19, 2024, 3:00 PM |
250 | $2.85 | $2.85 | Dec 19, 2024, 3:00 PM |
Updated Today at 12:00 AM
Time Horizon | Price Change |
---|---|
1 Week Trend | +$0.091 |
1 Month Trend | +$0.055 |
1 Year Trend | -$0.504 |
Updated Today at 12:00 AM
Date | Average Oil Price |
---|---|
12/20/2024 | $2.987 |
12/19/2024 | $2.987 |
12/18/2024 | $2.953 |
12/17/2024 | $2.953 |
12/16/2024 | $2.953 |
12/15/2024 | $2.896 |
12/14/2024 | $2.896 |
12/13/2024 | $2.896 |
12/12/2024 | $2.896 |
12/11/2024 | $2.896 |
12/10/2024 | $2.919 |
12/09/2024 | $2.919 |
12/08/2024 | $2.932 |
12/07/2024 | $2.932 |
12/06/2024 | $2.932 |
12/05/2024 | $2.932 |
12/04/2024 | $2.913 |
12/03/2024 | $2.913 |
12/02/2024 | $2.932 |
12/01/2024 | $2.907 |
11/30/2024 | $2.907 |
11/29/2024 | $2.907 |
11/28/2024 | $2.932 |
11/27/2024 | $2.932 |
11/26/2024 | $2.919 |
11/25/2024 | $2.957 |
11/24/2024 | $2.957 |
11/23/2024 | $2.957 |
11/22/2024 | $2.957 |
11/21/2024 | $2.932 |
Homeowners have a variety of home heating fuels to choose from. Natural gas is the most popular choice in Newport, used by 5,652 or 55.27% of homes. The 2nd most popular choice for Newport homeowners is heating oil, used by 2,617 homes (25.59%). The remaining homes are heated with electricity (1,460), propane (437), other fuels (70), and other fuels (56).
Newport Primary Home Heating Fuel Popularity by Number of Households
Fuel | Newport Households | % of Households |
---|---|---|
Natural Gas | 5,652 | 55.3% |
Heating Oil | 2,617 | 25.6% |
Electricity | 1,460 | 14.3% |
Propane | 437 | 4.3% |
Other Fuels | 70 | 0.7% |
No Fuel | 46 | 0.5% |
Solar | 9 | 0.1% |
Wood | 1 | 0.0% |
Natural gas (55.3%)
Heating oil (25.6%)
Electricity (14.3%)
Propane (4.3%)
Other fuels (0.7%)
No fuel (0.5%)
Solar (0.1%)
Wood (0.0%)
Heating oil has become more popular in Newport. In the 2 years since 2020, the number of heating oil homes rose from 2,442 to 2,617, a 7.17% lift.
Newport Heating Oil Households (2011 - 2022)
Year | Heating Oil Households |
---|---|
2011 | 4,695 |
2012 | 4,395 |
2013 | 4,042 |
2014 | 3,919 |
2015 | 3,581 |
2016 | 3,204 |
2017 | 3,073 |
2018 | 2,829 |
2019 | 2,647 |
2020 | 2,442 |
2021 | 2,528 |
2022 | 2,617 |
Between 2020 and today, the number of homes using propane as the primary space heating fuel rose from 344 to 437.
Between 2020 and today, the number of homes using natural gas as the primary space heating fuel rose from 5,469 to 5,652.
Electric space heating systems are becoming drop popular in Newport. Since 2020, the number of homes heating with electricity fell from 1,725 to 1,460, a 15.36% decrease.
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, 9 homes in Newport are heated with active solar arrays. This is a 28.57% increase from 2020, when only 7 homes had installed active solar heating.
Last year, Newport homeowners purchased a total of 2 million gallons of heating oil. Out of the 69 towns in Rhode Island, Newport ranks 16th for home heating oil consumption.
Country-wide, Newport ranks 358th out of 29,620 towns in America for heating oil consumption.
Short Term Trends
Newport’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, the average outside temperature was 4.2° F warmer than the prior winter's average outside temperature.
Newport Average Winter Temperature
Heating Season | Average Temperature |
---|---|
2024 - 2025 | 43° F |
2023 - 2024 | 38.8° F |
For Newport homeowners heating with oil, selecting which of the 15 heating oil companies that serve Newport 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 5 “full-service” oil companies that serve Newport. 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 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 include Kent County Oil Service Inc and East Greenwich Oil Co Inc.
Newport Heating Oil Company Fast Facts
Heating Oil Companies Serving Newport: 15 companies
Average Distance From Oil Company to Newport: 18 miles
Average Number Of Newport Homes Served Per Company: 174 homes
Average Gallons Delivered per Newport Oil Company: 129,484 gallons per year
Approximately 2,617 households in Newport, RI heat their homes with fuel oil. This makes oil delivery essential, especially when Newport, RI temperatures drop as low as 42.5° F each winter.
25% of Newport, RI Households Rely On Heating Oil Delivery Each Winter
Newport, RI Households | Newport, RI Heating Oil Households |
---|---|
10,226 | 2,617 |
15 Newport, RI Oil Companies Go the Distance
With 2 million gallons of heating oil delivered to Newport, RI homeowners during the winter of 2023, the Newport, RI community relies on its 15 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, RI, two of the closest terminals are null in null and null in null. Then, the truck delivers the #2 heating oil to homes and businesses in Newport, RI.
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