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Fuel Prices

Under the US Department of Energy's State Heating Oil and Propane Program (SHOPP), OEP monitors residential retail prices for heating oil and propane to determine the average prices for these fuels in New Hampshire. In addition to the federal SHOPP program, OEP also monitors gasoline, diesel fuel, electricity, wood pellet, cord wood and natural gas prices.

Average Fuel Prices in New Hampshire

Note that the prices that OEP publishes are averages and therefore might be different than your local price. For more information see Notes below.

Keep in mind, when considering heating costs much will depend on the efficiency of any given appliance -- a ductless heat pump, for example, is more efficient than a space heater.

Check out Efficiency Maine's Home Heating Costs Comparison Tool to estimate annual heating costs of different heating systems at adjustable fuel prices.

For more information on how to make your home or business more efficient, visit NH Saves.

Current Heating Fuel Values - July 7, 2016
(updated weekly from the first Monday in October until the last Monday of March and updated monthly the remainder of the year)
Fuel Type Price/Unit Heat Content
Per Unit (BTU)
Price Per Million BTU
(See Note 1)
Fuel Oil (#2) $1.98/Gallon 138,690 $14.25
Propane $2.52/Gallon 91,333 $27.55
Kerosene $2.74/Gallon 135,000 $20.30

Current Heating Fuel Values - July 7, 2016
(updated monthly)
Fuel Type Price/Unit Heat Content
Per Unit (BTU)
Price Per Million BTU
(See Note 1)
Natural Gas 1st Tier (<20 Therms) (see Note 2) $.89/Therm 100,000 $8.90
Natural Gas 2nd Tier (>20 Therms) (see Note 2) $.83/Therm 100,000 $8.30
Electricity (see Note 2) $0.1535/kwh 3,412 $44.98

Current Heating Fuel Values - July 7, 2016
(updated quarterly)
Fuel Type Price/Unit Heat Content
Per Unit (BTU)
Price Per Million BTU
(See Note 1)
Wood (Bulk Delivered Pellets) (see Note 3) $260.12 16,500,000 $15.75
Wood (Cord) (see Note 4) $315/Cord 20,000,000 $15.75

 

NH Average Prices for Motor Fuels - July 7, 2016
(see Note 5)
(for eGallon details see Note 6)
Gasoline Diesel Electric (eGallon)
$2.29/gallon $2.29/gallon $1.70/gallon


Historical Data

How do these current fuel prices compare with past prices in New Hampshire? See the trend graphs below.

All documents have been saved in Portable Document Format Adobe Acrobat Reader Symbol.

Notes

For more information about how prices can be affected by various factors, visit our Deliverable Fuels Pricing page. For information on how prices are collected, please see the Notes below as well as the EIA's Explanatory Notes pdf file and Frequently Asked Questions for the SHOPP program.

Why does my propane price differ from the average listed here?

For additional information, please see the US Energy Information Administration's Winter Heating Fuels page.

 

  1. Pricing information is presented in per-BTU (British Thermal Unit) format in order to give consumers an idea of the true cost of the fuel per unit of heat. This calculation is based on conversion factors provided by the US Energy Information Agency. A gallon of oil, when burned, will produce a different amount of heat than a ton of wood.
  2. Price/Unit does not include the Customer Charge. This charge recovers costs the utility incurs in providing service to a customer – such as maintenance, reading your meter(s), maintaining account records, and managing a 24-hour customer service center. This is a fixed cost regardless of the amount of gas or electricity you use. Please also note that the NH Public Utilities Commission regulates electric and natural gas utilities.
  3. Wood pellets priced contain 70% - 85% hardwood; delivery size: 3-10 tons. Updated quarterly.
  4. The price of firewood sold by the cord can vary widely depending on the location, time of year and quality of the wood being sold. The cost shown here is an average of "seasoned" cordwood to allow for a general comparison to other forms of energy. Cordwood can be highly variable in moisture content, quality, species makeup, etc., correspondingly heat values and prices will vary. For information on using cordwood, see Heating with Wood from the UNH Cooperative Extension.
  5. Motor fuel pricing is obtained from the AAA Daily Fuel Gauge Report.
  6. Electric vehicle pricing obtained from the US Department of Energy's eGallon tool.

 

Forecasts

The Office of Energy and Planning does not project or estimate future energy prices. The US Energy Information Administration provides a number of forecasts and analyses of energy prices, including their monthly Short Term Energy Outlook and Winter Fuels Outlook.

Portable Document Format Symbol Portable Document Format (.pdf). Visit nh.gov for a list of free .pdf readers for a variety of operating systems.

Microsoft Excel Symbol Comma Separated Values (.csv) format. Visit nh.gov for a list of free .csv reader/import programs for different operating systems.

Microsoft Excel Symbol Microsoft Excel format. You can download a free reader from Microsoft.


NH Office of Energy and Planning
Governor Hugh J. Gallen State Office Park
Johnson Hall, 3rd Floor  |  107 Pleasant Street  |  Concord, NH 03301
(603) 271-2155  |  fax: (603) 271-2615