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Updated on December 21, 2024 at 08:30 PM
Heating Oil Company | Oil Price Per Gallon | Cash Discount | Volume 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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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 | - | - |
Updated on December 21, 2024 at 12:00 AM
Date | Average 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 |
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
Fuel | Medford Households | % of Households |
---|---|---|
Natural Gas | 9,235 | 85.6% |
Heating Oil | 737 | 6.8% |
Electricity | 647 | 6.0% |
Propane | 184 | 1.7% |
Wood | 25 | 0.2% |
Natural gas (85.6%)
Heating oil (6.8%)
Electricity (6.0%)
Propane (1.7%)
Wood (0.2%)
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)
Year | Heating Oil Households |
---|---|
2011 | 1,770 |
2012 | 1,483 |
2013 | 1,591 |
2014 | 1,564 |
2015 | 1,371 |
2016 | 1,350 |
2017 | 1,310 |
2018 | 1,151 |
2019 | 947 |
2020 | 938 |
2021 | 832 |
2022 | 737 |
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.
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 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.
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 Season | Average Temperature |
---|---|
2024 - 2025 | 45.2° F |
2023 - 2024 | 41.2° F |
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
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 Households | Medford, NJ Heating Oil Households |
---|---|
10,788 | 737 |
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.
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