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$3.59 Cheapest heating oil price in New London
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Oil Prices For Heating Oil Companies In New London, CT
Updated Today at 01:15 PM
New London Homeowner’s Guide to Selecting an Oil Company
For New London residences heating with number two heating oil, picking which of the 35 heating oil companies that serve New London plays a big role in determining how much money is spent on heating each winter.
Full Service Oil Companies: Homeowners who prefer a “set-it-and-forget-it” heating system choose one of the 20 “full-service” oil companies that serve New London. Full service companies such as Spicer Advanced Gas or Midknight Oil offer households annual contracts which consist of a combined package of both automatic heating oil delivery and HVAC repair. With an automatic heating oil delivery contract, the company tracks your home’s oil consumption and makes deliveries when your tank is running low. The homeowner does not need to monitor the level of the oil tank or place individual orders.
Discount Oil Companies: Also known by the names “COD Fuel” or “Cash Heating Oil” companies, discount oil companies are for customers who are budget-conscious. With discount oil companies, in exchange for lower prices, you monitor the fuel oil level in your tank, and you place an oil order when you're running low. Examples of 2 New London cash heating oil companies serving New London include Asi Oil LLC and Williams Oil Co Inc.
New London Number Two Heating Oil Company Fast Facts: Oil Companies Serving New London: 35 companies .
Average Number of New London Homes Served per Heating Oil company : 66
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Cheapest New London Heating Oil Price by Order Quantity
| Quantity | Price | Updated At |
|---|---|---|
| 100 gallonsgals | $3.59 per gallon/gal | Feb 6, 2026, 1:15 PM |
| 150 gallonsgals | $3.59 per gallon/gal | Feb 6, 2026, 1:15 PM |
| 200 gallonsgals | $3.59 per gallon/gal | Feb 6, 2026, 1:15 PM |
| 250 gallonsgals | $3.59 per gallon/gal | Feb 6, 2026, 1:15 PM |
Cheapest New London Heating Oil Price Trends
Updated Today at 06:15 PM
| Time Horizon | Price Change |
|---|---|
| 1 Week Trend | +$0.091 |
| 1 Month Trend | +$0.640 |
| 1 Year Trend | +$0.491 |
Cheapest New London Heating Oil Price History
Updated Today at 06:15 PM
| Date | Price |
|---|---|
| 02/06/2026 | $3.590 |
| 02/05/2026 | $3.590 |
| 02/04/2026 | $3.590 |
| 02/03/2026 | $2.680 |
| 02/02/2026 | $3.590 |
| 02/01/2026 | $3.499 |
| 01/31/2026 | $3.499 |
| 01/30/2026 | $3.499 |
| 01/29/2026 | $3.499 |
| 01/28/2026 | $3.360 |
| 01/27/2026 | $3.349 |
| 01/26/2026 | $3.140 |
| 01/25/2026 | $3.140 |
| 01/24/2026 | $3.140 |
| 01/23/2026 | $3.140 |
| 01/22/2026 | $3.099 |
| 01/21/2026 | $2.940 |
| 01/20/2026 | $2.940 |
| 01/19/2026 | $2.940 |
| 01/18/2026 | $2.890 |
| 01/17/2026 | $2.890 |
| 01/16/2026 | $2.890 |
| 01/15/2026 | $2.899 |
| 01/14/2026 | $2.899 |
| 01/13/2026 | $2.890 |
| 01/12/2026 | $2.890 |
| 01/11/2026 | $2.890 |
| 01/10/2026 | $2.890 |
| 01/09/2026 | $2.899 |
| 01/08/2026 | $2.950 |
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20 Seconds Can Save New London Families $1,000+ On Oil Bills Every Year
Propane vs. Natural Gas vs. Heating Oil: New London Home Heating Fuel Comparison
Residences have a host of fuels to choose from when it comes to heating. Natural Gas is the most common choice in New London, used by 4,831 or 41% of homeowners. The 2nd most popular primary heating fuel for New London homeowners is Electricity, used by 3,717 homes (32%). The remaining homes are heated with Heating Oil (20%), Propane (5%), Other (1%), and Wood (0.5%).
New London Residential Primary Home Heating Fuel (in Number of Households)
| Year | Natural Gas | Propane | Electricity | Oil | Wood | Solar | Other |
|---|---|---|---|---|---|---|---|
| 2025 | 4,831 | 572 | 3,717 | 2,310 | 57 | 9 | 32 |
| 2024 | 4,834 | 558 | 3,587 | 2,381 | 53 | 4 | 28 |
| 2023 | 4,810 | 532 | 3,537 | 2,462 | 51 | 0 | 22 |
| 2022 | 4,545 | 328 | 3,341 | 2,728 | 41 | 0 | 18 |
| 2021 | 4,267 | 321 | 3,334 | 3,069 | 0 | 0 | 52 |
| 2020 | 4,148 | 198 | 3,390 | 3,195 | 0 | 0 | 38 |
| 2019 | 4,180 | 107 | 3,276 | 3,099 | 10 | 0 | 35 |
| 2018 | 4,160 | 159 | 3,287 | 3,337 | 7 | 0 | 26 |
| 2017 | 4,281 | 125 | 3,199 | 3,334 | 7 | 0 | 43 |
| 2016 | 4,264 | 129 | 3,118 | 3,047 | 8 | 0 | 35 |
| 2015 | 4,310 | 130 | 3,125 | 3,150 | 12 | 0 | 42 |
| 2014 | 4,073 | 80 | 3,020 | 3,028 | 0 | 0 | 40 |
| 2013 | 3,833 | 78 | 3,111 | 3,286 | 0 | 0 | 42 |
| 2012 | 3,580 | 134 | 3,355 | 3,273 | 15 | 0 | 28 |
| 2011 | 3,623 | 163 | 3,169 | 3,544 | 11 | 0 | 25 |
Heating Oil (Fuel Oil) Use in New London
Heating oil has become losing popularity in New London. In the 4 years since 2021, the number of families using number two heating oil decreased from 3,069 to 2,310, a 25% drop.
Propane vs. Natural Gas use for home heating in New London
Between 2021 and today, the number of households using propane as the primary space heating fuel ramped up from 321 to 572, a 78% change. Comparing 2021 and today, the number of homes using natural gas as the primary space heating fuel grew from 4,267 to 4,831, a 13% change.
Electricity use for home heating in New London
Electric heat pump systems for home heating are gaining popularity in New London. Since 2021, the number of homes heating with electricity increased from 3,334 to 3,717, a 11% change.
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New London, CT Heating Oil Delivery Map

New London Heating Oil Delivery Overview
2,310 houses in New London heat their homes with number two heating oil. This makes oil delivery essential, especially when New London temperatures drop as low as 29.0° F each winter. 20% of New London families depend on fuel oil delivery each winter.
20% of New London, CT Households Rely On Heating Oil Delivery Each Winter
| New London, CT Households | New London, CT Heating Oil Households |
|---|---|
| 11,674 | 2,310 |
35 New London Fuel Oil Companies You Can Bank On
With 397,280,973.21 gallons of oil delivered to New London houses during this past winter, the New London community relies on its 35 oil companies to keep warm throughout the winter. Oil delivery can be summed up in two steps: First, an oil truck picks up oil at the nearest bulk fuel terminal (also known as a “rack”). In the case of New London, two of the closest terminals are Buckeye in Wethersfield, CT and Sprague W in Springfield, MA. Then, the truck delivers the #2 heating oil to residences and companies throughout New London and the surrounding area.
New London Heating Oil Prices FAQs
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