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Oil Prices For Heating Oil Companies In New London, CT
Updated Today at 09:15 AM
New London Homeowner’s Guide to Selecting an Oil Company
For New London families heating with fuel oil, selecting which of the 34 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 want a “set-it-and-forget-it” heating system pick one of the 20 “full-service” oil companies that serve New London. Full service companies such as Spicer Advanced Gas or Midknight Oil offer customers annual contracts which consist of a combined package of both automatic fuel oil delivery and HVAC repair. With an automatic heating oil delivery contract, the company tracks your home’s fuel oil consumption and makes deliveries when your tank is running low. The family 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 clients who are on a budget. With discount oil companies, in return for better prices, you monitor the fuel oil level in your tank, and you place an oil order when you're running low. A few of the 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: 34 companies .
Average Number of New London Households Served per Number Two Heating Oil company : 0
New London, CT Heating Oil Trends
Last year, New London homeowners purchased a total of 2 million gallons of heating oil. Out of the 269 towns in Connecticut, New London ranks 64th for home heating oil consumption.
Country-wide, New London ranks 288th out of 29,620 towns in America for heating oil consumption.
Short Term Trends
New London’s overall fuel oil use changes from year to year based on the severity of the winter. As the temperature outside gets colder, homes’ HVAC systems need to burn more and more fuel oil to keep the house warm inside. Last winter, the average outside temperature in New London was 33.4°F, which was 3.7°F colder than the prior winter's average outside temperature.
New London Average Winter Temperature
| Heating Season | Average Temperature |
|---|---|
| 2024 - 2025 | 33.4° F |
| 2023 - 2024 | 37.1° F |
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Cheapest New London Heating Oil Price by Order Quantity
| Quantity | Price | Updated At |
|---|---|---|
| 100 gallonsgals | $2.99 per gallon/gal | Jan 3, 2026, 9:15 AM |
| 150 gallonsgals | $2.99 per gallon/gal | Jan 3, 2026, 9:15 AM |
| 200 gallonsgals | $2.99 per gallon/gal | Jan 3, 2026, 9:15 AM |
| 250 gallonsgals | $2.99 per gallon/gal | Jan 3, 2026, 9:15 AM |
Cheapest New London Heating Oil Price Trends
Updated on November 14, 2025 at 04:00 AM
| Time Horizon | Price Change |
|---|---|
| 1 Week Trend | +$0.050 |
| 1 Month Trend | -$0.020 |
Cheapest New London Heating Oil Price History
Updated on November 14, 2025 at 04:00 AM
| Date | Price |
|---|---|
| 11/14/2025 | $3.288 |
| 11/13/2025 | $3.273 |
| 11/12/2025 | $3.338 |
| 11/11/2025 | $3.256 |
| 11/10/2025 | $3.256 |
| 11/09/2025 | $3.253 |
| 11/08/2025 | $3.253 |
| 11/07/2025 | $3.253 |
| 11/06/2025 | $3.231 |
| 11/05/2025 | $3.210 |
| 11/04/2025 | $3.178 |
| 11/03/2025 | $3.219 |
| 11/02/2025 | $3.219 |
| 11/01/2025 | $3.219 |
| 10/31/2025 | $3.239 |
| 10/30/2025 | $3.219 |
| 10/29/2025 | $3.227 |
| 10/28/2025 | $3.210 |
| 10/27/2025 | $3.109 |
| 10/26/2025 | $3.103 |
| 10/25/2025 | $3.064 |
| 10/24/2025 | $3.064 |
| 10/23/2025 | $3.034 |
| 10/22/2025 | $2.998 |
| 10/21/2025 | $3.023 |
| 10/20/2025 | $3.023 |
| 10/19/2025 | $3.023 |
| 10/18/2025 | $3.023 |
| 10/17/2025 | $3.023 |
| 10/16/2025 | $3.038 |
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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
Families have a host of fuels to choose from when it comes to heating. Natural Gas is the most popular choice in New London, used by 4,831 or 41% of homeowners. The next 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
Fuel oil has become decreasing in demand in New London. In the 8 years since 2017, the number of families using fuel oil decreased from 3,334 to 2,310, a 31% drop.
Propane vs. Natural Gas use for home heating in New London
Between 2017 and today, the number of houses using propane as the primary space heating fuel rose from 125 to 572, a 358% change. Comparing 2017 and today, the number of homes using natural gas as the primary space heating fuel jumped from 4,281 to 4,831, a 13% change.
Electricity use for home heating in New London
Electric heat pump systems for home heating are more popular in New London. Since 2017, the number of homes heating with electricity ramped up from 3,199 to 3,717, a 16% change.
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