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Oil Companies
Newport Homeowner’s Guide to Selecting an Oil Company
For Newport homeowners heating with heating oil, selecting which of the 3 heating oil companies that serve Newport plays a big role in determining how much money is spent on heating each winter.
Full Service Oil Companies: Homeowners who are willing to pay a premium for a “set-it-and-forget-it” heating system select one of the 1 “full-service” oil companies that serve Newport. Full service companies such as Goodrich Oil & Propane Co or offer families annual contracts which consist of a combined package of both automatic oil delivery and heating system repair. With an automatic number two heating oil delivery contract, the company tracks your home’s 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: Often called “COD Fuel” or “Cash Heating Oil” companies, discount oil companies are for families who are looking to save money. With discount oil companies, in exchange for lower prices, you monitor the 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 Newport cash heating oil companies serving Newport include RE Hinkley Co Inc Inc and Welch Fuel Company.
Newport Oil Company Statistics: Heating oil Companies Serving Newport: 3 companies .
Average Number of Newport Households Served per Number Two Heating Oil company : 508
Newport, NH Heating Oil Trends
Last year, Newport homeowners purchased a total of 1 million gallons of heating oil. Out of the 173 towns in New Hampshire, Newport ranks 50th for home heating oil consumption.
Country-wide, Newport ranks 653rd out of 29,620 towns in America for heating oil consumption.
Short Term Trends
Newport’s overall fuel oil use fluctuates annually primarily depending on how cold each winter is. As the temperature outside drops, homes’ HVAC systems need to burn increasing amounts of heating oil to maintain a constant interior temperature. Last winter, the average outside temperature in Newport was 21.7°F, which was 6.2°F colder than the prior winter's average outside temperature.
Newport Average Winter Temperature
| Heating Season | Average Temperature |
|---|---|
| 2024 - 2025 | 21.7° F |
| 2023 - 2024 | 27.9° F |
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Oil Prices
Average Newport Heating Oil Price Trends
Updated on March 30, 2026
| Time Horizon | Price Change |
|---|---|
| 1 Week Trend | +$0.028 |
| 1 Month Trend | +$1.367 |
| 3 Month Trend | +$1.767 |
| 1 Year Trend | +$1.934 |
Average Newport Heating Oil Price History
Updated on March 30, 2026
| Date | Price |
|---|---|
| 03/30/2026 | $5.407 |
| 03/23/2026 | $5.379 |
| 03/16/2026 | $4.979 |
| 03/09/2026 | $4.835 |
| 03/02/2026 | $4.040 |
| 02/23/2026 | $3.905 |
| 02/16/2026 | $3.901 |
| 02/09/2026 | $3.890 |
| 02/02/2026 | $3.847 |
| 01/26/2026 | $3.685 |
| 01/19/2026 | $3.625 |
| 01/12/2026 | $3.624 |
| 01/05/2026 | $3.640 |
| 12/29/2025 | $3.627 |
| 12/22/2025 | $3.645 |
| 12/15/2025 | $3.676 |
| 12/08/2025 | $3.673 |
| 12/01/2025 | $3.666 |
| 11/24/2025 | $3.669 |
| 11/17/2025 | $3.595 |
| 11/10/2025 | $3.540 |
| 11/03/2025 | $3.492 |
| 10/27/2025 | $3.481 |
| 10/20/2025 | $3.473 |
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Heating Oil
Save on Heating Oil: Compare Prices from 3 Newport Suppliers
Propane vs. Natural Gas vs. Heating Oil: Newport Home Heating Fuel Comparison
Households have a variety of fuels that can be used when it comes to heating. Heating Oil is the preferred choice in Newport, used by 1,524 or 49% of residents. The 2nd most popular primary heating fuel for Newport families is Propane, used by 1,039 homes (34%). The remaining homes are heated with Electricity (6%), Wood (5%), Other (4%), and Natural Gas (1%).
Newport Residential Primary Home Heating Fuel (No. of Households)
| Year | Natural Gas | Propane | Electricity | Oil | Wood | Solar | Other |
|---|---|---|---|---|---|---|---|
| 2025 | 40 | 1,039 | 171 | 1,524 | 168 | 7 | 75 |
| 2024 | 35 | 1,039 | 160 | 1,560 | 168 | 4 | 73 |
| 2023 | 29 | 1,039 | 153 | 1,600 | 170 | 0 | 69 |
| 2022 | 16 | 993 | 111 | 1,491 | 203 | 36 | 42 |
| 2021 | 37 | 1,047 | 129 | 1,447 | 237 | 32 | 67 |
| 2020 | 14 | 1,008 | 119 | 1,507 | 302 | 26 | 87 |
| 2019 | 19 | 666 | 143 | 1,726 | 463 | 25 | 93 |
| 2018 | 19 | 737 | 141 | 1,582 | 486 | 25 | 128 |
| 2017 | 19 | 661 | 167 | 1,540 | 517 | 0 | 124 |
| 2016 | 31 | 647 | 173 | 1,730 | 435 | 0 | 111 |
| 2015 | 61 | 633 | 285 | 1,655 | 407 | 0 | 95 |
| 2014 | 80 | 692 | 250 | 1,780 | 314 | 0 | 64 |
| 2013 | 91 | 630 | 203 | 1,893 | 378 | 0 | 15 |
| 2012 | 125 | 607 | 175 | 1,934 | 373 | 0 | 13 |
| 2011 | 133 | 586 | 158 | 1,999 | 360 | 0 | 12 |
Heating Oil (Fuel Oil) Use in Newport
Fuel oil has become less popular in Newport. In the 8 years since 2017, the number of residents using number two heating oil dipped from 1,540 to 1,524, a 1% drop.
Propane vs. Natural Gas use for home heating in Newport
Between 2017 and today, the number of households using propane as the primary space heating fuel jumped from 661 to 1,039, a 57% change. Comparing 2017 and today, the number of homes using natural gas as the primary space heating fuel increased from 19 to 40, a 111% change.
Electricity use for home heating in Newport
Electric heat pump systems for home heating are more popular in Newport. Since 2017, the number of homes heating with electricity ramped up from 167 to 171, a 2% change.
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Oil Delivery
Newport, NH Heating Oil Delivery Map
Newport Heating Oil Delivery Overview
1,524 households in Newport heat their homes with number two heating oil. This makes oil delivery essential, especially when Newport temperatures drop as low as 13.6° F each winter. 49.4% of Newport houses depend on fuel oil delivery each winter.
49.4% of Newport, NH Households Rely On Heating Oil Delivery Each Winter
| Newport, NH Households | Newport, NH Heating Oil Households |
|---|---|
| 3,084 | 1,524 |
3 Newport Fuel Oil Companies Go The Distance
With 1,232,851 gallons of heating oil delivered to Newport households last winter, the Newport community looks to its 3 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 Newport, two of the closest terminals are Sprague in Newington, NH and Gulf in Chelsea, MA. Then, the truck delivers the fuel oil to homes and businesses throughout Newport and the surrounding vicinity.
Newport Heating Oil Prices FAQs
Is the price of heating oil in Newport, NH rising or falling?
The price of heating oil in Newport, NH has risen by $0.132 over the last 7 days.
Is heating oil going up or down in Newport, NH?
Heating oil prices in Newport, NH have risen by $0.132 over the past 7 days.
Why are heating oil prices rising today in Newport, NH?
Heating oil prices in Newport, NH have increased by $0.13 compared to October 9th, 2026, due to rising demand for home heating oil combined with historically low inventories. (Updated October 16th, 2026).
