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Updated Today at 08:27 AM
Updated on December 18, 2024 at 12:00 AM
Date | Average Oil Price |
---|---|
12/18/2024 | $3.499 |
12/17/2024 | $3.499 |
12/16/2024 | $3.499 |
12/13/2024 | $3.499 |
12/12/2024 | $3.499 |
12/11/2024 | $3.499 |
12/10/2024 | $3.499 |
12/09/2024 | $3.499 |
12/06/2024 | $3.499 |
12/05/2024 | $3.499 |
12/04/2024 | $3.499 |
12/03/2024 | $3.499 |
12/02/2024 | $3.499 |
11/29/2024 | $3.499 |
11/28/2024 | $3.499 |
11/27/2024 | $3.499 |
11/26/2024 | $3.499 |
11/25/2024 | $3.499 |
11/22/2024 | $3.499 |
11/21/2024 | $3.399 |
11/20/2024 | $3.399 |
11/19/2024 | $3.399 |
11/18/2024 | $3.399 |
11/15/2024 | $3.399 |
10/04/2024 | $3.299 |
10/03/2024 | $3.299 |
10/02/2024 | $3.299 |
10/01/2024 | $3.299 |
09/30/2024 | $3.299 |
09/27/2024 | $3.299 |
Homeowners have a variety of home heating fuels to choose from. Heating oil is the most popular choice in Vermont, used by 108,499 or 41.06% of homes. The 2nd most popular choice for Vermont homeowners is natural gas, used by 50,127 homes (18.97%). The remaining homes are heated with propane (50,123), wood (35,629), electricity (19,788), and other fuels (7,814).
Vermont Primary Home Heating Fuel Popularity by Number of Households
Fuel | Vermont Households | % of Households |
---|---|---|
Heating Oil | 108,499 | 41.1% |
Natural Gas | 50,127 | 19.0% |
Propane | 50,123 | 19.0% |
Wood | 35,629 | 13.5% |
Electricity | 19,788 | 7.5% |
Other Fuels | 5,692 | 2.2% |
Solar | 1,042 | 0.4% |
No Fuel | 619 | 0.2% |
Coal | 461 | 0.2% |
Heating oil (41.1%)
Natural gas (19.0%)
Propane (19.0%)
Wood (13.5%)
Electricity (7.5%)
Other fuels (2.2%)
Solar (0.4%)
No fuel (0.2%)
Coal (0.2%)
Heating oil has become less popular in Vermont. In the 5 years since 2017, the number of heating oil homes fell from 111,092 to 108,499, a 2.33% drop.
Vermont Heating Oil Households (2011 - 2022)
Year | Heating Oil Households |
---|---|
2011 | 128,566 |
2012 | 124,072 |
2013 | 119,422 |
2014 | 117,459 |
2015 | 114,826 |
2016 | 111,441 |
2017 | 111,092 |
2018 | 110,704 |
2019 | 108,976 |
2020 | 110,870 |
2021 | 108,747 |
2022 | 108,499 |
Between 2017 and today, the number of homes using propane as the primary space heating fuel rose from 40,879 to 50,123.
Between 2017 and today, the number of homes using natural gas as the primary space heating fuel rose from 45,323 to 50,127.
Electric space heating systems are becoming more popular in Vermont. Since 2017, the number of homes heating with electricity rose from 12,671 to 19,788, a 56.17% increase.
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, 1,042 homes in Vermont are heated with active solar arrays. This is a 174.93% increase from 2017, when only 379 homes had installed active solar heating.
Last year, Vermont homeowners purchased a total of 92 million gallons of heating oil.
Short Term Trends
Vermont’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 Vermont, the average outside temperature was 3.6° F warmer than the prior winter's average outside temperature.
Vermont Average Winter Temperature
Heating Season | Average Temperature |
---|---|
2024 - 2025 | 29.1° F |
2023 - 2024 | 25.5° F |
For Vermont homeowners heating with oil, selecting which of the 39 heating oil companies that serve Vermont 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 3 “full-service” oil companies that serve Vermont. Full service companies such as Packard Fuels 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 Vermont 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 Vermont include BART Energy Llc and Jam Fuel Llc.
Vermont Heating Oil Company Fast Facts
Heating Oil Companies Serving Vermont: 39 companies
Average Number Of Vermont Homes Served Per Company: 2,782 homes
Average Gallons Delivered per Vermont Oil Company: 2,361,767 gallons per year
Approximately 96,989 households in Vermont heat their homes with fuel oil. This makes oil delivery essential, especially when Vermont temperatures drop as low as 42.5° F each winter.
40% of Vermont Households Rely On Heating Oil Delivery Each Winter
Vermont Households | Vermont Heating Oil Households |
---|---|
239,785 | 96,989 |
39 Vermont Oil Companies Go the Distance
With 92 million gallons of heating oil delivered to Vermont homeowners during the winter of 2023, the Vermont community relies on its 39 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 Vermont, two of the closest terminals are Sprague in So. Portland, ME and Buckeye in South Portland, ME. Then, the truck delivers the #2 heating oil to homes and businesses in Vermont.
Is heating oil taxable in Vermont?