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Oil Companies
Canaan Homeowner’s Guide to Selecting an Oil Company
For Canaan residences heating with oil, selecting which of the 9 heating oil companies that serve Canaan makes a big difference.
Full Service Oil Companies: Homeowners who can afford a “set-it-and-forget-it” heating system select one of the 6 “full-service” oil companies that serve Canaan. Full service companies such as A B Bazzano Fuels Inc or Hocon Gas Of Torrington LLC offer customers annual contracts which consist of a combined package of both automatic number two heating oil delivery and furnace repair. With an automatic number two heating oil delivery contract, the company tracks your home’s fuel oil consumption and makes deliveries when your tank is running low. The homeowner 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 homeowners who are looking to save money. With discount oil companies, in exchange for lower prices, you monitor the fuel oil level in your tank, and you place an oil order when you're running low. Examples of 2 Canaan cash heating oil companies serving Canaan include Lindell Fuels Inc Inc and Winsted Oil Co.
Canaan Number Two Heating Oil Company Fast Facts: Number two heating oil Companies Serving Canaan: 9 companies .
Average Number of Canaan Homes Served per Fuel Oil company : 66
Canaan, CT Heating Oil Trends
Last year, Canaan homeowners purchased a total of 412,213 gallons of heating oil. Out of the 269 towns in Connecticut, Canaan ranks 177th for home heating oil consumption.
Country-wide, Canaan ranks 1769th out of 29,620 towns in America for heating oil consumption.
Short Term Trends
Canaan’s overall oil consumption fluctuates from year to year correlating with how cold it gets each winter. As the temperature outside gets more chilly, homes’ boilers need to burn increasing amounts of fuel oil to maintain a constant interior temperature. Last winter, the average outside temperature in Canaan was 25.7°F, which was 5.9°F colder than the prior winter's average outside temperature.
Canaan Average Winter Temperature
| Heating Season | Average Temperature |
|---|---|
| 2024 - 2025 | 25.7° F |
| 2023 - 2024 | 31.6° F |
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Oil Prices
Average Canaan Heating Oil Price Trends
Updated on March 30, 2026
| Time Horizon | Price Change |
|---|---|
| 1 Week Trend | -$0.053 |
| 1 Month Trend | +$1.258 |
| 3 Month Trend | +$2.041 |
| 1 Year Trend | +$2.157 |
Average Canaan Heating Oil Price History
Updated on March 30, 2026
| Date | Price |
|---|---|
| 03/30/2026 | $5.546 |
| 03/23/2026 | $5.599 |
| 03/16/2026 | $5.166 |
| 03/09/2026 | $5.106 |
| 03/02/2026 | $4.288 |
| 02/23/2026 | $4.077 |
| 02/16/2026 | $4.055 |
| 02/09/2026 | $4.083 |
| 02/02/2026 | $4.087 |
| 01/26/2026 | $3.871 |
| 01/19/2026 | $3.543 |
| 01/12/2026 | $3.484 |
| 01/05/2026 | $3.505 |
| 12/29/2025 | $3.496 |
| 12/22/2025 | $3.480 |
| 12/15/2025 | $3.562 |
| 12/08/2025 | $3.616 |
| 12/01/2025 | $3.630 |
| 11/24/2025 | $3.729 |
| 11/17/2025 | $3.710 |
| 11/10/2025 | $3.690 |
| 11/03/2025 | $3.560 |
| 10/27/2025 | $3.526 |
| 10/20/2025 | $3.389 |
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Heating Oil
Save on Heating Oil: Compare Prices from 9 Canaan Suppliers
Propane vs. Natural Gas vs. Heating Oil: Canaan Home Heating Fuel Comparison
Homeowners have a host of fuels that can be used when it comes to heating. Heating Oil is the most common choice in Canaan, used by 598 or 53% of residents. The 2nd most popular primary heating fuel for Canaan households is Propane, used by 261 homes (23%). The other homes are heated with Electricity (15%), Wood (5%), Other (2%), and Natural Gas (1%).
Canaan Residential Primary Home Heating Fuel (No. of Households)
| Year | Natural Gas | Propane | Electricity | Oil | Wood | Solar | Other |
|---|---|---|---|---|---|---|---|
| 2025 | 11 | 261 | 173 | 598 | 59 | 4 | 18 |
| 2024 | 5 | 248 | 169 | 599 | 59 | 2 | 15 |
| 2023 | 0 | 244 | 162 | 595 | 62 | 0 | 12 |
| 2022 | 0 | 184 | 138 | 646 | 56 | 0 | 3 |
| 2021 | 3 | 174 | 139 | 671 | 52 | 0 | 16 |
| 2020 | 22 | 160 | 141 | 804 | 63 | 0 | 9 |
| 2019 | 33 | 92 | 190 | 764 | 97 | 0 | 10 |
| 2018 | 34 | 80 | 192 | 741 | 85 | 0 | 26 |
| 2017 | 42 | 60 | 189 | 716 | 119 | 0 | 22 |
| 2016 | 35 | 42 | 142 | 636 | 134 | 0 | 8 |
| 2015 | 25 | 41 | 147 | 633 | 169 | 0 | 11 |
| 2014 | 46 | 39 | 93 | 771 | 129 | 0 | 13 |
| 2013 | 60 | 50 | 89 | 805 | 121 | 0 | 7 |
| 2012 | 46 | 35 | 131 | 826 | 85 | 0 | 10 |
| 2011 | 50 | 75 | 158 | 824 | 79 | 0 | 9 |
Heating Oil (Fuel Oil) Use in Canaan
Heating oil has become remaining stable in Canaan. In the 1 years since 2024, the number of homeowners using fuel oil stayed the same at 598.
Propane vs. Natural Gas use for home heating in Canaan
Between 2024 and today, the number of homes using propane as the primary space heating fuel increased from 248 to 261, a 5% change. Comparing 2024 and today, the number of homes using natural gas as the primary space heating fuel shot up from 5 to 11, a 120% change.
Electricity use for home heating in Canaan
Electric heat pump systems for home heating are increasing in demand in Canaan. Since 2024, the number of homes heating with electricity rose from 169 to 173, a 2% change.
Adoption of solar home heating systems in Canaan
Solar is the most environmentally friendly of all 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 (similar to a hot water heater) in the basement. Now, 4 homes in Canaan are heated with active solar arrays. This is a 100% gain from 2024, when 2 homes incorporated active solar heating.
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Oil Delivery
Canaan, CT Heating Oil Delivery Map
Canaan Heating Oil Delivery Overview
598 residences in Canaan heat their homes with fuel oil. This makes oil delivery essential, especially when Canaan temperatures drop as low as 19.4° F each winter. 53% of Canaan residences are reliant on heating oil delivery each winter.
53% of Canaan, CT Households Rely On Heating Oil Delivery Each Winter
| Canaan, CT Households | Canaan, CT Heating Oil Households |
|---|---|
| 1,129 | 598 |
9 Canaan Heating Oil Companies Serving The Community
With 412,213 gallons of heating oil delivered to Canaan homeowners during this past winter, the Canaan community relies on its 9 oil companies when temperatures dip. 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 Canaan, two of the closest terminals are Buckeye in Wethersfield, CT and Sprague W in Springfield, MA. Then, the truck delivers the #2 heating oil to residences and companies throughout Canaan and the surrounding region.
Canaan Heating Oil Prices FAQs
Is the price of heating oil in Canaan, CT rising or falling?
The price of heating oil in Canaan, CT has fallen by $0.050 over the last 7 days.
Is heating oil going up or down in Canaan, CT?
Heating oil prices in Canaan, CT have fallen by $0.050 over the past 7 days.
