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Save on Heating Oil: Compare Prices from 4 Pennington Suppliers

Oil Prices in Pennington, NJ

Updated on December 21, 2024 at 08:30 PM

Heating Oil CompanyOil Price Per GallonCash DiscountVolume Discount
PFO Heating & Air Conditioning $3.75 Yes Yes
K W Rastall Inc Call for price No No
Delaware Petroleum Co Call for price No No
Stockton Fuel Oil Inc Call for price No No

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Photo of Pennington Station in Pennington, New Jersey

Pennington, NJ Cash heating Oil delivery map

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

Pennington, NJ Best Oil Prices Per Gallon

Order Size (gallons)Credit (per gallon)(/gal)Cash (per gallon)(/gal)Updated At
100$3.75 --
150$3.05 $3.05 Dec 21, 2024, 3:00 PM
200$3.05 $3.05 Dec 21, 2024, 3:00 PM
250$3.05 $3.05 Dec 21, 2024, 3:00 PM

Pennington Heating Oil Price History

Updated on December 21, 2024 at 12:00 AM

DateAverage Oil Price
12/21/2024$3.749
12/20/2024$3.749
12/19/2024$3.299
12/18/2024$3.299
12/17/2024$3.299
12/16/2024$3.299
12/15/2024$3.299
12/14/2024$3.299
12/13/2024$3.299
12/12/2024$3.299
12/11/2024$3.299
12/10/2024$3.299
12/09/2024$3.299
12/08/2024$3.299
12/07/2024$3.299
12/06/2024$3.299
12/05/2024$3.399
12/03/2024$3.399
12/02/2024$3.399
12/01/2024$3.399
11/30/2024$3.399
11/29/2024$3.399
11/28/2024$3.399
11/27/2024$3.399
11/26/2024$3.399
11/25/2024$3.399
11/11/2024$3.299
11/10/2024$3.299
11/09/2024$3.299
11/08/2024$3.299

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

Homeowners have a variety of home heating fuels to choose from. Natural gas is the most popular choice in Pennington, used by 3,209 or 73.35% of homes. The 2nd most popular choice for Pennington homeowners is heating oil, used by 733 homes (16.75%). The remaining homes are heated with electricity (478), propane (28), wood (16), and other fuels (6).

Pennington Primary Home Heating Fuel Popularity by Number of Households

FuelPennington Households % of Households
Natural Gas3,20973.3%
Heating Oil73316.8%
Electricity47810.9%
Propane280.6%
Wood160.4%
Solar60.1%

Natural gas (73.3%)

Heating oil (16.8%)

Electricity (10.9%)

Propane (0.6%)

Wood (0.4%)

Solar (0.1%)

#2 Heating Oil (Fuel Oil) Use in Pennington

Heating oil has become less popular in Pennington. In the 2 years since 2020, the number of heating oil homes fell from 1,089 to 733, a 32.69% drop.

Pennington Heating Oil Households (2011 - 2022)

YearHeating Oil Households
2011939
20121,055
20131,113
20141,111
20151,021
20161,051
2017979
20181,027
2019935
20201,089
2021894
2022733

Propane vs. Natural Gas use for home heating in Pennington

Between 2020 and today, the number of homes using propane as the primary space heating fuel fell from 68 to 28.

Between 2020 and today, the number of homes using natural gas as the primary space heating fuel fell from 3,103 to 3,209.

Electricity use for home heating in Pennington

Electric space heating systems are becoming more popular in Pennington. Since 2020, the number of homes heating with electricity rose from 388 to 478, a 23.20% increase.

Solar use for home heating in Pennington

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, 6 homes in Pennington are heated with active solar arrays. This is a 68.42% decrease from 2020, when only 19 homes had installed active solar heating.

Pennington, NJ Heating Oil Trends

Last year, Pennington homeowners purchased a total of 481,699 gallons of heating oil. Out of the 409 towns in New Jersey, Pennington ranks 114th for home heating oil consumption.

Country-wide, Pennington ranks 1572nd out of 29,620 towns in America for heating oil consumption.

Short Term Trends

Pennington’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 Pennington, the average outside temperature was 3.2° F warmer than the prior winter's average outside temperature.

Pennington Average Winter Temperature

Heating SeasonAverage Temperature
2024 - 202543° F
2023 - 202439.8° F

Pennington Homeowner’s Guide to Selecting an Oil Company

For Pennington homeowners heating with oil, selecting which of the 4 heating oil companies that serve Pennington 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 Pennington. Full service companies such as PFO Heating & Air Conditioning 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 Pennington 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 Pennington include K W Rastall Inc and Delaware Petroleum Co.

Pennington Heating Oil Company Fast Facts

Heating Oil Companies Serving Pennington: 4 companies

Average Distance From Oil Company to Pennington: 18 miles

Average Number Of Pennington Homes Served Per Company: 183 homes

Average Gallons Delivered per Pennington Oil Company: 120,424 gallons per year

Pennington, NJ Heating Oil Delivery Overview

Approximately 733 households in Pennington, NJ heat their homes with fuel oil. This makes oil delivery essential, especially when Pennington, NJ temperatures drop as low as 42.5° F each winter.

16% of Pennington, NJ Households Rely On Heating Oil Delivery Each Winter

Pennington, NJ HouseholdsPennington, NJ Heating Oil Households
4,375733

4 Pennington, NJ Oil Companies Go the Distance

With 481,699 gallons of heating oil delivered to Pennington, NJ homeowners during the winter of 2023, the Pennington, NJ community relies on its 4 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 Pennington, NJ, two of the closest terminals are Buckeye in Buckeye, NJ and Meenan in Tullytown, PA. Then, the truck delivers the #2 heating oil to homes and businesses in Pennington, NJ.

Pennington Heating Oil Prices FAQs

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

The price of heating oil in Pennington, NJ has been rising over the last 7 days, with a total decrease of $0.45 per gallon.

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

Today in Pennington, NJ, the price of home heating oil is $3.75 per gallon, which amounts to $374.90 for a 100-gallon order (excluding any applicable taxes).

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

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

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

Heating oil prices have gone up in Pennington, NJ by $0.45 per gallon over the past 7 days, which amounts to a $45.00 for a 100-gallon order.

How high will oil go in Pennington, NJ?

There’s no limit to how high oil prices can go in Pennington, NJ. Over the past year, Pennington, NJ heating oil prices per gallon have risen as high as $5.87 for a 100-gallon order. This is $2.12 per gallon more than the current average price of $3.75, and $2.12 per gallon more than the lowest price currently available, which is $3.75. 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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