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Save on Heating Oil: Compare Prices from 6 Medford Suppliers

Oil Prices in Medford, NJ

Updated on December 21, 2024 at 08:30 PM

Heating Oil CompanyOil Price Per GallonCash DiscountVolume Discount
Four Winds Fuel Inc Call for price No No
MHO Express $3.25 Yes Yes
7 Oil Company Inc Call for price No No
Majestic Oil Company Inc Call for price No No
SJ Fuel South Co Inc Call for price No No
Lineman Management Inc Call for price No No

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We promote residential heating oil savings in Medford by providing real-time Medford heating oil prices and state-of-the-art secure online ordering.

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Medford, NJ Cash heating Oil delivery map

Map of the COD Fuel Oil delivery service area for Medford, NJ

Medford, NJ Best Oil Prices Per Gallon

Order Size (gallons)Credit (per gallon)(/gal)Cash (per gallon)(/gal)Updated At
100$3.25 --
150$3.15 --
200$3.13 --
250$3.13 --

Medford Heating Oil Price History

Updated on December 21, 2024 at 12:00 AM

DateAverage Oil Price
12/21/2024$3.249
12/20/2024$3.249
12/17/2024$3.199
12/16/2024$3.199
12/11/2024$3.199
12/10/2024$3.199
12/09/2024$3.199
12/08/2024$3.199
12/07/2024$3.199
12/06/2024$3.199
12/05/2024$3.199
12/04/2024$3.199
12/02/2024$3.199
12/01/2024$3.199
11/30/2024$3.199
11/29/2024$3.199
11/28/2024$3.199
11/27/2024$3.199
11/26/2024$3.199
11/25/2024$3.199
11/22/2024$3.030
11/21/2024$3.030
11/20/2024$3.030
11/19/2024$3.030
10/04/2024$3.299
10/03/2024$3.299
10/02/2024$3.299
10/01/2024$3.299
09/30/2024$3.299
09/29/2024$3.299

Propane vs. Natural Gas vs. Heating Oil: Medford Home Heating Fuel Comparison

Homeowners have a variety of home heating fuels to choose from. Natural gas is the most popular choice in Medford, used by 9,235 or 85.60% of homes. The 2nd most popular choice for Medford homeowners is heating oil, used by 737 homes (6.83%). The remaining homes are heated with electricity (647), propane (184), wood (25).

Medford Primary Home Heating Fuel Popularity by Number of Households

FuelMedford Households % of Households
Natural Gas9,23585.6%
Heating Oil7376.8%
Electricity6476.0%
Propane1841.7%
Wood250.2%

Natural gas (85.6%)

Heating oil (6.8%)

Electricity (6.0%)

Propane (1.7%)

Wood (0.2%)

#2 Heating Oil (Fuel Oil) Use in Medford

Heating oil has become less popular in Medford. In the 6 years since 2016, the number of heating oil homes fell from 1,350 to 737, a 45.41% drop.

Medford Heating Oil Households (2011 - 2022)

YearHeating Oil Households
20111,770
20121,483
20131,591
20141,564
20151,371
20161,350
20171,310
20181,151
2019947
2020938
2021832
2022737

Propane vs. Natural Gas use for home heating in Medford

Between 2016 and today, the number of homes using propane as the primary space heating fuel rose from 106 to 184.

Between 2016 and today, the number of homes using natural gas as the primary space heating fuel rose from 7,475 to 9,235.

Electricity use for home heating in Medford

Electric space heating systems are becoming drop popular in Medford. Since 2016, the number of homes heating with electricity fell from 751 to 647, a 13.85% decrease.

Solar use for home heating in Medford

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.

Homeowners in Medford have not yet adopted solar heating.

Medford, NJ Heating Oil Trends

Last year, Medford homeowners purchased a total of 484,328 gallons of heating oil. Out of the 409 towns in New Jersey, Medford ranks 112nd for home heating oil consumption.

Country-wide, Medford ranks 1564th out of 29,620 towns in America for heating oil consumption.

Short Term Trends

Medford’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 Medford, the average outside temperature was 4.0° F warmer than the prior winter's average outside temperature.

Medford Average Winter Temperature

Heating SeasonAverage Temperature
2024 - 202545.2° F
2023 - 202441.2° F

Medford Homeowner’s Guide to Selecting an Oil Company

For Medford homeowners heating with oil, selecting which of the 6 heating oil companies that serve Medford 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 Medford. 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 Medford 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 Medford include SJ Fuel South Co Inc and Majestic Oil Company Inc.

Medford Heating Oil Company Fast Facts

Heating Oil Companies Serving Medford: 6 companies

Average Distance From Oil Company to Medford: 18 miles

Average Number Of Medford Homes Served Per Company: 122 homes

Average Gallons Delivered per Medford Oil Company: 80,721 gallons per year

Medford, NJ Heating Oil Delivery Overview

Approximately 737 households in Medford, NJ heat their homes with fuel oil. This makes oil delivery essential, especially when Medford, NJ temperatures drop as low as 42.5° F each winter.

6% of Medford, NJ Households Rely On Heating Oil Delivery Each Winter

Medford, NJ HouseholdsMedford, NJ Heating Oil Households
10,788737

6 Medford, NJ Oil Companies Go the Distance

With 484,327 gallons of heating oil delivered to Medford, NJ homeowners during the winter of 2023, the Medford, NJ 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 Medford, NJ, two of the closest terminals are Buckeye in Pennsauken, NJ and Etmt in Westville, NJ. Then, the truck delivers the #2 heating oil to homes and businesses in Medford, NJ.

Medford Heating Oil Prices FAQs

Is the price of heating oil in Medford, NJ rising or falling?

The price of heating oil in Medford, NJ has been rising over the last 7 days, with a total decrease of $0.05 per gallon.

What is the price of home heating oil today in Medford, NJ?

Today in Medford, NJ, the price of home heating oil is $3.25 per gallon, which amounts to $324.90 for a 100-gallon order (excluding any applicable taxes).

Why are heating oil prices rising today in Medford, NJ?

Heating oil prices in Medford, NJ have not changed in the last 24 hours.

Is heating oil going up or down in Medford, NJ?

Heating oil prices have gone up in Medford, NJ by $0.05 per gallon over the past 7 days, which amounts to a $5.00 for a 100-gallon order.

How high will oil go in Medford, NJ?

There’s no limit to how high oil prices can go in Medford, NJ. Over the past year, Medford, NJ heating oil prices per gallon have risen as high as $6.00 for a 100-gallon order. This is $2.75 per gallon more than the current average price of $3.25, and $2.75 per gallon more than the lowest price currently available, which is $3.25. Home heating oil prices fluctuate daily based on several factors, including demand, local fuel inventories at terminals (such as CITGO), and the price of crude oil.

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