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150 gallons Heating Oil
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Oct 30
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Oil Companies
Madison Homeowner’s Guide to Selecting an Oil Company
For Madison homeowners heating with number two heating oil, picking which of the 22 heating oil companies that serve Madison 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 pick one of the 1 “full-service” oil companies that serve Madison. Full service companies such as Advantage Oil or offer customers 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 heating oil consumption and makes deliveries when your tank is running low. The client 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 looking to save money. With discount oil companies, in exchange for lower prices, you monitor the oil level in your tank, and you place an oil order when you're running low. Some of the 2 Madison cash heating oil companies serving Madison include Affordable Oil Inc and Longhorn Oil Company.
Madison Oil Company By The Numbers: Heating oil Companies Serving Madison: 22 companies .
Average Number of Madison Houses Served per Fuel Oil company : 6
Madison, NJ Heating Oil Trends
Last year, Madison homeowners purchased a total of 88,717 gallons of heating oil. Out of the 409 towns in New Jersey, Madison ranks 340th for home heating oil consumption.
Country-wide, Madison ranks 4111st out of 29,620 towns in America for heating oil consumption.
Short Term Trends
Madison’s overall fuel oil consumption varies each year correlating with how cold it gets each winter. As the temperature outside drops, homes’ HVAC systems need to burn additional oil to maintain the temperature that the thermostat is set to. Last winter, the average outside temperature in Madison was 32.1°F, which was 4.4°F colder than the prior winter's average outside temperature.
Madison Average Winter Temperature
| Heating Season | Average Temperature |
|---|---|
| 2024 - 2025 | 32.1° F |
| 2023 - 2024 | 36.5° F |
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Oil Prices
Cheapest Madison Heating Oil Price by Order Quantity
| Quantity | Price | Updated At |
|---|---|---|
| 100 gallonsgals | $5.80 per gallon/gal | Updated Today at 06:59 PM |
| 150 gallonsgals | $5.69 per gallon/gal | Updated Today at 06:59 PM |
| 200 gallonsgals | $5.55 per gallon/gal | Updated Today at 06:59 PM |
| 250 gallonsgals | $5.55 per gallon/gal | Updated Today at 06:59 PM |
Cheapest Madison Heating Oil Price Trends
Updated Today at 05:31 PM
| Time Horizon | Price Change |
|---|---|
| 1 Day Trend | -$0.010 |
| 1 Week Trend | -$0.010 |
| 1 Month Trend | +$1.510 |
| 1 Year Trend | +$3.020 |
Cheapest Madison Heating Oil Price History
Updated Today at 05:31 PM
| Date | Price |
|---|---|
| 10/16/2026 | $5.690 |
| 10/15/2026 | $5.700 |
| 10/14/2026 | $5.649 |
| 10/13/2026 | $5.649 |
| 10/12/2026 | $5.649 |
| 10/11/2026 | $5.700 |
| 10/10/2026 | $5.700 |
| 10/09/2026 | $5.700 |
| 10/08/2026 | $5.490 |
| 10/07/2026 | $5.490 |
| 10/05/2026 | $5.590 |
| 10/03/2026 | $5.580 |
| 09/23/2026 | $5.580 |
| 09/21/2026 | $5.580 |
| 09/21/2026 | $5.580 |
| 09/20/2026 | $5.580 |
| 09/19/2026 | $5.590 |
| 09/18/2026 | $5.590 |
| 09/17/2026 | $5.590 |
| 09/09/2026 | $4.980 |
| 09/07/2026 | $4.980 |
| 09/06/2026 | $4.980 |
| 09/05/2026 | $4.980 |
| 09/04/2026 | $4.980 |
| 09/03/2026 | $4.980 |
| 08/21/2026 | $4.590 |
| 07/25/2026 | $4.590 |
| 07/15/2026 | $4.240 |
| 07/13/2026 | $4.200 |
| 07/12/2026 | $4.180 |
Average Madison Heating Oil Price Trends
Updated on March 30, 2026
| Time Horizon | Price Change |
|---|---|
| 1 Week Trend | -$0.028 |
| 1 Month Trend | +$1.217 |
| 3 Month Trend | +$1.965 |
| 1 Year Trend | +$2.062 |
Average Madison Heating Oil Price History
Updated on March 30, 2026
| Date | Price |
|---|---|
| 03/30/2026 | $5.838 |
| 03/23/2026 | $5.866 |
| 03/16/2026 | $5.493 |
| 03/09/2026 | $5.433 |
| 03/02/2026 | $4.621 |
| 02/23/2026 | $4.471 |
| 02/16/2026 | $4.435 |
| 02/09/2026 | $4.434 |
| 02/02/2026 | $4.421 |
| 01/26/2026 | $4.145 |
| 01/19/2026 | $3.984 |
| 01/12/2026 | $3.885 |
| 01/05/2026 | $3.873 |
| 12/29/2025 | $3.878 |
| 12/22/2025 | $3.872 |
| 12/15/2025 | $3.939 |
| 12/08/2025 | $4.002 |
| 12/01/2025 | $3.951 |
| 11/24/2025 | $4.050 |
| 11/17/2025 | $4.044 |
| 11/10/2025 | $3.990 |
| 11/03/2025 | $3.868 |
| 10/27/2025 | $3.844 |
| 10/20/2025 | $3.776 |
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Heating Oil
Save on Heating Oil: Compare Prices from 22 Madison Suppliers
Propane vs. Natural Gas vs. Heating Oil: Madison Home Heating Fuel Comparison
Homeowners have a choice of fuels to choose from when it comes to heating. Natural Gas is the most popular choice in Madison, used by 4,783 or 86% of homeowners. The next most popular primary heating fuel for Madison families is Electricity, used by 502 homes (9%). The other homes are heated with Heating Oil (3%), Propane (2%), Other (0.2%), and Solar (0.2%).
Madison Residential Primary Home Heating Fuel (No. of Households)
| Year | Natural Gas | Propane | Electricity | Oil | Wood | Solar | Other |
|---|---|---|---|---|---|---|---|
| 2025 | 4,783 | 136 | 502 | 141 | 2 | 10 | 2 |
| 2024 | 4,783 | 123 | 484 | 141 | 1 | 9 | 1 |
| 2023 | 4,816 | 114 | 465 | 141 | 0 | 8 | 0 |
| 2022 | 4,820 | 111 | 463 | 131 | 0 | 10 | 0 |
| 2021 | 5,044 | 118 | 398 | 133 | 0 | 11 | 0 |
| 2020 | 5,170 | 88 | 349 | 131 | 0 | 11 | 0 |
| 2019 | 4,991 | 34 | 300 | 245 | 8 | 11 | 0 |
| 2018 | 4,829 | 37 | 342 | 221 | 8 | 27 | 0 |
| 2017 | 4,736 | 44 | 297 | 252 | 10 | 30 | 0 |
| 2016 | 4,725 | 52 | 321 | 287 | 7 | 31 | 10 |
| 2015 | 4,866 | 36 | 243 | 293 | 12 | 46 | 11 |
| 2014 | 4,908 | 39 | 214 | 324 | 0 | 44 | 11 |
| 2013 | 4,753 | 54 | 260 | 414 | 0 | 17 | 11 |
| 2012 | 4,832 | 49 | 293 | 373 | 0 | 15 | 10 |
| 2011 | 4,835 | 30 | 294 | 339 | 0 | 18 | 0 |
Heating Oil (Fuel Oil) Use in Madison
Fuel oil has become remaining stable in Madison. In the 2 years since 2023, the number of residents using heating oil remained stable at 141.
Propane vs. Natural Gas use for home heating in Madison
Between 2023 and today, the number of homes using propane as the primary space heating fuel shot up from 114 to 136, a 19% change. Comparing 2023 and today, the number of homes using natural gas as the primary space heating fuel fell from 4,816 to 4,783, a 1% change.
Electricity use for home heating in Madison
Electric heat pump systems for home heating are increasing in demand in Madison. Since 2023, the number of homes heating with electricity grew from 465 to 502, a 8% change.
Adoption of solar home heating systems in Madison
The most eco-friendly heating option is solar. With an “active” solar heating system, liquid is circulated between solar panels on a home’s roof and a heat energy storage tank (similar to a hot water heater) in the basement. As it stands today, 10 homes in Madison are heated with active solar arrays. This is a 25% gain from 2023, when 8 homes had active solar heating.
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Oil Delivery
Madison, NJ Heating Oil Delivery Map
Madison Heating Oil Delivery Overview
141 homes in Madison heat their homes with oil. This makes oil delivery essential, especially when Madison temperatures drop as low as 27.0° F each winter. 2.5% of Madison homes are reliant on heating oil delivery each winter.
2.5% of Madison, NJ Households Rely On Heating Oil Delivery Each Winter
| Madison, NJ Households | Madison, NJ Heating Oil Households |
|---|---|
| 5,590 | 141 |
22 Madison Heating Oil Companies Go The Distance
With 88,717 gallons of fuel oil delivered to Madison homes the last heating season, the Madison community looks to its 22 oil companies to keep their oil tanks full. 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 Madison, two of the closest terminals are Sunoco in Linden, NJ and Sunoco in Linden, NJ. Then, the truck delivers the oil to residences and companies throughout Madison and the surrounding region.
Madison Heating Oil Prices FAQs
Is the price of heating oil in Madison, NJ rising or falling?
The price of heating oil in Madison, NJ has fallen by $0.010 over the last 7 days.
Is heating oil going up or down in Madison, NJ?
Heating oil prices in Madison, NJ have fallen by $0.010 over the past 7 days.
