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Updated Today at 02:34 PM
Heating Oil Company | Oil Price Per Gallon | Cash Discount | Volume Discount |
---|---|---|---|
Bobs Cash Fuel | $3.10 | Yes | Yes |
Polar Bear Oil Co Inc | Call for price | No | No |
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Order Size (gallons) | Credit (per gallon)(/gal) | Cash (per gallon)(/gal) | Updated At |
---|---|---|---|
100 | $3.10 | $3.10 | Dec 20, 2024, 12:29 PM |
150 | $3.10 | $3.10 | Dec 20, 2024, 12:29 PM |
200 | $3.10 | $3.10 | Dec 20, 2024, 12:29 PM |
250 | $3.10 | $3.10 | Dec 20, 2024, 12:29 PM |
Updated Today at 12:00 AM
Date | Average Oil Price |
---|---|
12/20/2024 | $3.099 |
12/19/2024 | $3.099 |
12/18/2024 | $3.099 |
12/17/2024 | $3.069 |
12/16/2024 | $3.069 |
12/15/2024 | $3.069 |
12/14/2024 | $3.069 |
12/13/2024 | $3.069 |
12/12/2024 | $3.069 |
12/11/2024 | $3.069 |
12/10/2024 | $3.069 |
10/14/2024 | $2.999 |
10/13/2024 | $2.999 |
10/12/2024 | $2.999 |
10/11/2024 | $2.999 |
10/10/2024 | $2.999 |
10/09/2024 | $2.999 |
10/08/2024 | $2.999 |
10/07/2024 | $2.999 |
10/06/2024 | $2.999 |
10/05/2024 | $2.999 |
10/04/2024 | $2.999 |
10/03/2024 | $2.999 |
10/02/2024 | $2.999 |
10/01/2024 | $2.999 |
09/30/2024 | $2.999 |
09/29/2024 | $2.999 |
09/28/2024 | $2.999 |
09/27/2024 | $2.999 |
09/26/2024 | $2.999 |
Homeowners have a variety of home heating fuels to choose from. Heating oil is the most popular choice in Madison, used by 1,361 or 70.12% of homes. The 2nd most popular choice for Madison homeowners is wood, used by 257 homes (13.24%). The remaining homes are heated with propane (202), electricity (90), natural gas (40), and other fuels (27).
Madison Primary Home Heating Fuel Popularity by Number of Households
Fuel | Madison Households | % of Households |
---|---|---|
Heating Oil | 1,361 | 70.1% |
Wood | 257 | 13.2% |
Propane | 202 | 10.4% |
Electricity | 90 | 4.6% |
Natural Gas | 40 | 2.1% |
No Fuel | 16 | 0.8% |
Other Fuels | 11 | 0.6% |
Heating oil (70.1%)
Wood (13.2%)
Propane (10.4%)
Electricity (4.6%)
Natural gas (2.1%)
No fuel (0.8%)
Other fuels (0.6%)
Heating oil has become less popular in Madison. In the 10 years since 2012, the number of heating oil homes fell from 1,453 to 1,361, a 6.33% drop.
Madison Heating Oil Households (2011 - 2022)
Year | Heating Oil Households |
---|---|
2011 | 1,499 |
2012 | 1,453 |
2013 | 1,406 |
2014 | 1,458 |
2015 | 1,465 |
2016 | 1,548 |
2017 | 1,730 |
2018 | 1,383 |
2019 | 1,400 |
2020 | 1,446 |
2021 | 1,403 |
2022 | 1,361 |
Between 2012 and today, the number of homes using propane as the primary space heating fuel rose from 94 to 202.
Between 2012 and today, the number of homes using natural gas as the primary space heating fuel rose from 0 to 40.
Electric space heating systems are becoming drop popular in Madison. Since 2012, the number of homes heating with electricity fell from 96 to 90, a 6.25% 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 Madison have not yet adopted solar heating.
Last year, Madison homeowners purchased a total of 976,207 gallons of heating oil. Out of the 277 towns in Maine, Madison ranks 70th for home heating oil consumption.
Country-wide, Madison ranks 858th out of 29,620 towns in America for heating oil consumption.
Short Term Trends
Madison’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 Madison, the average outside temperature was 4.5° F warmer than the prior winter's average outside temperature.
Madison Average Winter Temperature
Heating Season | Average Temperature |
---|---|
2024 - 2025 | 32.8° F |
2023 - 2024 | 28.3° F |
For Madison homeowners heating with oil, selecting which of the 2 heating oil companies that serve Madison 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 1 “full-service” oil companies that serve Madison. Full service companies such as Bobs Cash Fuel 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 Madison 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 Madison include Polar Bear Oil Co Inc and undefined.
Madison Heating Oil Company Fast Facts
Heating Oil Companies Serving Madison: 2 companies
Average Distance From Oil Company to Madison: 18 miles
Average Number Of Madison Homes Served Per Company: 680 homes
Average Gallons Delivered per Madison Oil Company: 488,103 gallons per year
Approximately 1,361 households in Madison, ME heat their homes with fuel oil. This makes oil delivery essential, especially when Madison, ME temperatures drop as low as 42.5° F each winter.
70% of Madison, ME Households Rely On Heating Oil Delivery Each Winter
Madison, ME Households | Madison, ME Heating Oil Households |
---|---|
1,941 | 1,361 |
2 Madison, ME Oil Companies Go the Distance
With 976,207 gallons of heating oil delivered to Madison, ME homeowners during the winter of 2023, the Madison, ME community relies on its 2 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 Madison, ME, two of the closest terminals are Buckeye in Bangor, ME and Pbt in Brewer, ME. Then, the truck delivers the #2 heating oil to homes and businesses in Madison, ME.
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