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Oil Companies
Salem Homeowner’s Guide to Selecting an Oil Company
For Salem homeowners heating with oil, selecting which of the 3 heating oil companies that serve Salem can drastically impact the cost of home heating.
Full Service Oil Companies: Homeowners who prefer a “set-it-and-forget-it” heating system select one of the 0 “full-service” oil companies that serve Salem. Full service companies such as or offer clients annual contracts which consist of a combined package of both automatic number two heating oil delivery and HVAC 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 family 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 clients who are on a budget. With discount oil companies, in exchange for lower prices, you monitor the oil level in your tank, and you place an oil order either when the level runs low or just before a major snowstorm. Examples of 2 Salem cash heating oil companies serving Salem include Bottom Dollar Heating Oil Inc and Oil Depot NJ LLC.
Salem Fuel Oil Company Fast Facts: Fuel oil Companies Serving Salem: 3 companies .
Average Number of Salem Houses Served per Heating Oil company : 554
Salem, NJ Heating Oil Trends
Last year, Salem homeowners purchased a total of 1 million gallons of heating oil. Out of the 409 towns in New Jersey, Salem ranks 29th for home heating oil consumption.
Country-wide, Salem ranks 809th out of 29,620 towns in America for heating oil consumption.
Short Term Trends
Salem’s overall heating oil use varies each year primarily depending on how cold each winter is. As the temperature outside gets more chilly, homes’ HVAC systems need to burn more and more heating oil to maintain a constant interior temperature. Last winter, the average outside temperature in Salem was 34.5°F, which was 5.1°F colder than the prior winter's average outside temperature.
Salem Average Winter Temperature
| Heating Season | Average Temperature |
|---|---|
| 2024 - 2025 | 34.5° F |
| 2023 - 2024 | 39.6° F |
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Oil Prices
Average Salem 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 Salem 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 3 Salem Suppliers
Propane vs. Natural Gas vs. Heating Oil: Salem Home Heating Fuel Comparison
Homeowners have a variety of fuels to choose from when it comes to heating. Heating Oil is the most common choice in Salem, used by 1,662 or 38% of residents. The 2nd most popular primary heating fuel for Salem residents is Natural Gas, used by 1,308 homes (30%). The other homes are heated with Electricity (19%), Propane (9%), Wood (3%), and Solar (1%).
Salem Residential Primary Home Heating Fuel (No. of Households)
| Year | Natural Gas | Propane | Electricity | Oil | Wood | Solar | Other |
|---|---|---|---|---|---|---|---|
| 2025 | 1,308 | 382 | 814 | 1,662 | 142 | 34 | 12 |
| 2024 | 1,308 | 373 | 790 | 1,662 | 142 | 34 | 10 |
| 2023 | 1,303 | 362 | 778 | 1,679 | 141 | 34 | 7 |
| 2022 | 1,189 | 331 | 797 | 1,678 | 130 | 22 | 5 |
| 2021 | 1,252 | 330 | 715 | 1,633 | 139 | 15 | 15 |
| 2020 | 1,072 | 300 | 751 | 1,682 | 138 | 10 | 27 |
| 2019 | 966 | 259 | 634 | 1,866 | 101 | 8 | 30 |
| 2018 | 1,058 | 258 | 610 | 1,795 | 108 | 3 | 51 |
| 2017 | 1,056 | 287 | 651 | 1,859 | 130 | 0 | 66 |
| 2016 | 1,049 | 258 | 596 | 1,968 | 180 | 0 | 60 |
| 2015 | 983 | 247 | 590 | 1,990 | 160 | 0 | 50 |
| 2014 | 914 | 209 | 636 | 2,110 | 165 | 3 | 45 |
| 2013 | 899 | 179 | 645 | 2,238 | 166 | 3 | 26 |
| 2012 | 1,035 | 216 | 611 | 2,202 | 176 | 3 | 17 |
| 2011 | 1,121 | 221 | 581 | 2,273 | 134 | 3 | 10 |
Heating Oil (Fuel Oil) Use in Salem
Number two heating oil has become losing popularity in Salem. In the 2 years since 2023, the number of households using oil dropped from 1,679 to 1,662, a 1% drop.
Propane vs. Natural Gas use for home heating in Salem
Between 2023 and today, the number of homes using propane as the primary space heating fuel grew from 362 to 382, a 6% change. Comparing 2023 and today, the number of homes using natural gas as the primary space heating fuel stayed the same at 1,308, a 0% change.
Electricity use for home heating in Salem
Electric heat pump systems for home heating are more popular in Salem. Since 2023, the number of homes heating with electricity increased from 778 to 814, a 5% change.
Adoption of solar home heating systems in Salem
Out of all fuels, solar is the safest for the environment. With an “active” solar heating system, liquid flows between solar panels on a home’s roof and a heat energy storage tank (similar to a hot water heater) in the basement. Now, 34 homes in Salem are heated with active solar arrays. This is a 0% no change from 2023, when 34 homes used active solar heating.
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Oil Delivery
Salem, NJ Heating Oil Delivery Map
Salem Heating Oil Delivery Overview
1,662 households in Salem heat their homes with number two heating oil. This makes oil delivery essential, especially when Salem temperatures drop as low as 29.2° F each winter. 38% of Salem families are reliant on oil delivery each winter.
38% of Salem, NJ Households Rely On Heating Oil Delivery Each Winter
| Salem, NJ Households | Salem, NJ Heating Oil Households |
|---|---|
| 4,376 | 1,662 |
3 Salem Fuel Oil Companies Homeowners Can Count On
With 1,041,600 gallons of fuel oil delivered to Salem homes the last heating season, the Salem community relies on its 3 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 Salem, two of the closest terminals are Sunoco in Linden, NJ and Sunoco in Linden, NJ. Then, the truck delivers the #2 heating oil to homes and businesses throughout Salem and the surrounding vicinity.
