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$5.70 Cheapest heating oil price in Lebanon
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150 gallons Heating Oil
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Oil Companies
Lebanon Homeowner’s Guide to Selecting an Oil Company
For Lebanon residences heating with oil, selecting which of the 6 heating oil companies that serve Lebanon makes a big difference.
Full Service Oil Companies: Homeowners who want a “set-it-and-forget-it” heating system select one of the 2 “full-service” oil companies that serve Lebanon. Full service companies such as Patriot Discount Oil or Skylands Energy Service offer customers annual contracts which consist of a combined package of both automatic oil delivery and furnace repair. With an automatic oil delivery contract, the company tracks your home’s heating 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 clients who are on a budget. With discount oil companies, in exchange for lower prices, you monitor the number two heating oil level in your tank, and you place an oil order either when the level runs low or just before a major snowstorm. Some of the 2 Lebanon cash heating oil companies serving Lebanon include Hackettstown Corporation Inc and Stem Bros Inc.
Lebanon Fuel Oil Company Fast Facts: Number two heating oil Companies Serving Lebanon: 6 companies .
Average Number of Lebanon Homes Served per Number Two Heating Oil company : 183
Lebanon, NJ Heating Oil Trends
Last year, Lebanon homeowners purchased a total of 838,537 gallons of heating oil. Out of the 409 towns in New Jersey, Lebanon ranks 46th for home heating oil consumption.
Country-wide, Lebanon ranks 993rd out of 29,620 towns in America for heating oil consumption.
Short Term Trends
Lebanon’s overall heating oil consumption changes annually as winter conditions change. As the temperature outside dips, homes’ heating systems need to burn more and more number two heating oil to keep the house warm inside. Last winter, the average outside temperature in Lebanon was 31.2°F, which was 4.4°F colder than the prior winter's average outside temperature.
Lebanon Average Winter Temperature
| Heating Season | Average Temperature |
|---|---|
| 2024 - 2025 | 31.2° F |
| 2023 - 2024 | 35.6° F |
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Oil Prices
Cheapest Lebanon Heating Oil Price by Order Quantity
| Quantity | Price | Updated At |
|---|---|---|
| 100 gallonsgals | - | Updated Today at 06:36 PM |
| 150 gallonsgals | $5.70 per gallon/gal | Updated Today at 06:36 PM |
| 200 gallonsgals | $5.70 per gallon/gal | Updated Today at 06:36 PM |
| 250 gallonsgals | $5.70 per gallon/gal | Updated Today at 06:36 PM |
Cheapest Lebanon Heating Oil Price Trends
Updated Today at 05:31 PM
| Time Horizon | Price Change |
|---|---|
| 1 Week Trend | +$0.030 |
| 1 Month Trend | +$1.647 |
| 1 Year Trend | +$2.809 |
Cheapest Lebanon Heating Oil Price History
Updated Today at 05:31 PM
| Date | Price |
|---|---|
| 10/16/2026 | $5.699 |
| 10/15/2026 | $5.699 |
| 10/14/2026 | $5.699 |
| 10/13/2026 | $5.619 |
| 10/12/2026 | $5.669 |
| 10/11/2026 | $5.669 |
| 10/10/2026 | $5.669 |
| 10/09/2026 | $5.669 |
| 10/08/2026 | $5.519 |
| 10/07/2026 | $5.419 |
| 10/05/2026 | $5.469 |
| 10/03/2026 | $5.469 |
| 09/23/2026 | $5.549 |
| 09/21/2026 | $5.549 |
| 09/21/2026 | $5.549 |
| 09/20/2026 | $5.549 |
| 09/19/2026 | $5.549 |
| 09/18/2026 | $5.549 |
| 09/17/2026 | $5.450 |
| 09/09/2026 | $4.990 |
| 09/07/2026 | $4.990 |
| 09/06/2026 | $4.990 |
| 09/05/2026 | $4.990 |
| 09/04/2026 | $4.990 |
| 09/03/2026 | $4.990 |
| 08/21/2026 | $4.490 |
| 07/25/2026 | $4.299 |
| 07/15/2026 | $3.999 |
| 07/13/2026 | $4.052 |
| 07/12/2026 | $4.052 |
Average Lebanon 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 Lebanon 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 6 Lebanon Suppliers
Propane vs. Natural Gas vs. Heating Oil: Lebanon Home Heating Fuel Comparison
Homes have a choice of fuels to choose from when it comes to heating. Natural Gas is the preferred choice in Lebanon, used by 1,767 or 49% of homeowners. The next most popular primary heating fuel for Lebanon households is Heating Oil, used by 1,098 homes (31%). The remaining homes are heated with Propane (10%), Electricity (8%), Other (1%), and Wood (1%).
Lebanon Residential Primary Home Heating Fuel (No. of Households)
| Year | Natural Gas | Propane | Electricity | Oil | Wood | Solar | Other |
|---|---|---|---|---|---|---|---|
| 2025 | 1,767 | 344 | 302 | 1,098 | 30 | 4 | 36 |
| 2024 | 1,711 | 327 | 302 | 1,130 | 30 | 2 | 35 |
| 2023 | 1,682 | 318 | 302 | 1,154 | 29 | 0 | 33 |
| 2022 | 1,721 | 282 | 264 | 1,274 | 25 | 0 | 40 |
| 2021 | 1,534 | 376 | 200 | 1,299 | 14 | 0 | 93 |
| 2020 | 1,341 | 323 | 230 | 1,322 | 0 | 0 | 77 |
| 2019 | 1,129 | 341 | 203 | 1,405 | 13 | 0 | 60 |
| 2018 | 1,126 | 355 | 168 | 1,461 | 22 | 45 | 65 |
| 2017 | 1,092 | 359 | 148 | 1,412 | 25 | 39 | 60 |
| 2016 | 1,083 | 319 | 200 | 1,368 | 23 | 33 | 30 |
| 2015 | 1,136 | 285 | 217 | 1,547 | 39 | 43 | 12 |
| 2014 | 1,137 | 309 | 254 | 1,490 | 39 | 41 | 15 |
| 2013 | 1,207 | 294 | 252 | 1,522 | 29 | 0 | 15 |
| 2012 | 1,144 | 283 | 271 | 1,630 | 18 | 0 | 25 |
| 2011 | 1,163 | 382 | 212 | 1,553 | 30 | 0 | 21 |
Heating Oil (Fuel Oil) Use in Lebanon
Fuel oil has become less frequently used in Lebanon. In the 4 years since 2021, the number of households using number two heating oil dipped from 1,299 to 1,098, a 15% drop.
Propane vs. Natural Gas use for home heating in Lebanon
Between 2021 and today, the number of homes using propane as the primary space heating fuel dropped from 376 to 344, a 9% change. Comparing 2021 and today, the number of homes using natural gas as the primary space heating fuel increased from 1,534 to 1,767, a 15% change.
Electricity use for home heating in Lebanon
Electric heat pump systems for home heating are more prevalent in Lebanon. Since 2021, the number of homes heating with electricity grew from 200 to 302, a 51% change.
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Oil Delivery
Lebanon, NJ Heating Oil Delivery Map
Lebanon Heating Oil Delivery Overview
1,098 households in Lebanon heat their homes with number two heating oil. This makes oil delivery essential, especially when Lebanon temperatures drop as low as 25.5° F each winter. 30.6% of Lebanon homes are reliant on fuel oil delivery each winter.
30.6% of Lebanon, NJ Households Rely On Heating Oil Delivery Each Winter
| Lebanon, NJ Households | Lebanon, NJ Heating Oil Households |
|---|---|
| 3,590 | 1,098 |
6 Lebanon Oil Companies Homeowners Can Count On
With 838,537 gallons of fuel oil delivered to Lebanon households last winter, the Lebanon community relies on its 6 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 Lebanon, two of the closest terminals are Sunoco in Linden, NJ and Sunoco in Linden, NJ. Then, the truck delivers the fuel oil to homes and businesses throughout Lebanon and the surrounding area.
Lebanon Heating Oil Prices FAQs
Is the price of heating oil in Lebanon, NJ rising or falling?
The price of heating oil in Lebanon, NJ has risen by $0.030 over the last 7 days.
Is heating oil going up or down in Lebanon, NJ?
Heating oil prices in Lebanon, NJ have risen by $0.030 over the past 7 days.
Why are heating oil prices rising today in Lebanon, NJ?
Heating oil prices in Lebanon, NJ have increased by $0.03 compared to October 9th, 2026, due to rising demand for home heating oil combined with historically low inventories. (Updated October 16th, 2026).
