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Oil Companies
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 homeowners heating with fuel oil, selecting which of the 35 heating oil companies that serve New London is an important decision.
Full Service Oil Companies: Homeowners who prefer a “set-it-and-forget-it” heating system select one of the 20 “full-service” oil companies that serve New London. Full service companies such as Spicer Advanced Gas or Midknight Oil offer families annual contracts which consist of a combined package of both automatic heating oil delivery and heating system repair. With an automatic number two heating oil delivery contract, the company tracks your home’s number two heating oil consumption and makes deliveries when your tank is running low. The household does not need to monitor the level of the oil tank or place individual orders.
Discount Oil Companies: also referred to as “COD Fuel” or “Cash Heating Oil” companies, discount oil companies are for customers who are budget-conscious. With discount oil companies, in return for better prices, you monitor the number two heating oil level in your tank, and you place an oil order when the oil gauge dips below a quarter tank. 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 Oil Company By The Numbers: Fuel oil Companies Serving New London: 35 companies .
Average Number of New London Homes Served per Heating Oil company : 66
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Oil Prices
Cheapest New London Heating Oil Price by Order Quantity
| Quantity | Price | Updated At |
|---|---|---|
| 100 gallonsgals | $2.88 per gallon/gal | Feb 3, 2026, 1:15 PM |
| 150 gallonsgals | $2.68 per gallon/gal | Feb 3, 2026, 1:15 PM |
| 200 gallonsgals | $2.63 per gallon/gal | Feb 3, 2026, 1:15 PM |
| 250 gallonsgals | $2.63 per gallon/gal | Feb 3, 2026, 1:15 PM |
Cheapest New London Heating Oil Price Trends
Updated Today at 06:15 PM
| Time Horizon | Price Change |
|---|---|
| 1 Day Trend | -$0.910 |
| 1 Week Trend | -$0.680 |
| 1 Month Trend | -$0.210 |
Cheapest New London Heating Oil Price History
Updated Today at 06:15 PM
| Date | Price |
|---|---|
| 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 |
| 01/07/2026 | $2.950 |
| 01/06/2026 | $2.990 |
| 01/05/2026 | $2.990 |
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Heating Oil
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
Households have a host of fuels to choose from when it comes to heating. Natural Gas is the preferred choice in New London, used by 4,831 or 41% of families. The 2nd most popular primary heating fuel for New London families 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
Number two heating oil has become less frequently used in New London. In the 11 years since 2014, the number of families using heating oil decreased from 3,028 to 2,310, a 24% drop.
Propane vs. Natural Gas use for home heating in New London
Between 2014 and today, the number of households using propane as the primary space heating fuel jumped from 80 to 572, a 615% change. Comparing 2014 and today, the number of homes using natural gas as the primary space heating fuel increased from 4,073 to 4,831, a 19% change.
Electricity use for home heating in New London
Electric heat pump systems for home heating are increasing in demand in New London. Since 2014, the number of homes heating with electricity grew from 3,020 to 3,717, a 23% change.
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Oil Delivery
New London, CT Heating Oil Delivery Map
New London Heating Oil Delivery Overview
2,310 families in New London heat their homes with 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 heating 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 Number Two Heating Oil Companies Serving The Community
With 397,280,973.21 gallons of fuel oil delivered to New London households the last heating season, the New London community depends on its 35 oil companies to keep warm throughout the winter. Oil delivery has two parts to it: 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 oil to homes and businesses throughout New London and the surrounding area.
New London Heating Oil Prices FAQs
What is the best price per gallon of home heating oil in New London?
The best price of home heating oil in New London today is $2.68 per gallon. The price of heating oil in New London ranges from a low of $2.68 to a high of $4.34. The average heating oil price in Connecticut state is $3.85.
Is the price of heating oil in New London rising or falling?
The price of heating oil in New London has risen by $0.184 over the last 7 days.
What is the average price of home heating oil in New London?
The average price of home heating oil in New London is $3.85 per gallon.
How much does 150 gallons of heating oil cost in New London?
150 gallons of heating oil costs $577.66 in New London.
What is the price of home heating oil today in New London?
Today in New London, the price of home heating oil is $2.68 per gallon, which amounts to $402.00 for a 150-gallon order (excluding any applicable taxes).
What is the current price of heating oil in New London?
The current price of heating oil in New London ranges from $2.68 to $4.34 per gallon, depending on the delivery address and the oil company. The average price is $3.85 per gallon.
Why are heating oil prices rising today in New London?
Heating oil prices in New London rose $0.184 over the last week because home heating oil demand in New Haven is rising, but fuel inventories in local heating oil terminals is falling. (Updated January 27th, 2026).
How much is home heating oil right now in New London?
The current price of home heating oil in New London ranges from $2.68 to $4.34 per gallon for a 150-gallon order paid by credit card. Prices can vary based on location, and cash or volume discounts may be available.
Is heating oil going up or down in New London?
Heating oil prices have gone up in New London by $0.18 per gallon over the past 1 days, which amounts to a $27.60 for a 150-gallon order.
How much is oil per gallon in New London?
As of today, February 3rd, 2026, the price of oil is $2.68 per gallon for a 150-gallon order paid by credit card. Prices can vary from $2.68 to $4.34 per gallon, depending on factors such as delivery address, oil company, order size, and payment method.
How much is oil for heat in New London?
Currently, the price of oil for heating in New London ranges from $2.68 to $4.34 per gallon for a 150-gallon delivery. Some oil companies offer various discounts, including cash discounts, volume discounts, military discounts, and senior discounts.
How high will oil go in New London?
There’s no limit to how high oil prices can go in New London. Over the past year, New London heating oil prices per gallon have risen as high as $4.94 for a 150-gallon order. This is $1.09 per gallon more than the current average price of $3.85, and $2.26 per gallon more than the lowest price currently available, which is $2.68. 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.
