North Carolina heating oil prices
The last reading of the season, from the EIA's weekly survey. The series resumes in October.
per gallon · North Carolina residential average
Week ending 2026-03-30 · U.S. Energy Information Administration · surveyed weekly, October through March
What North Carolina heating oil costs to heat with
A price per gallon says nothing on its own — equipment efficiency decides how much of it reaches the room. At a mid-efficiency boiler at 84% AFUE, North Carolina heating oil delivers heat at $42.96 per million BTU.
| Equipment | Efficiency | $ / million BTU delivered |
|---|---|---|
| Older oil boiler / furnace | 80% AFUE | $45.11 |
| Mid-efficiency | 84% AFUE | $42.96 |
| Modern condensing | 87% AFUE | $41.48 |
The other heating fuels in North Carolina
At today's prices a heat pump, natural gas and propane all deliver the same heat for less than heating oil does here — before any equipment cost.
| Fuel | Price | $ / million BTU delivered |
|---|---|---|
| Electricity (cold-climate heat pump) | 15.09¢/kWh | $20.10 |
| Natural gas | $27.56/Mcf | $29.53 |
| Propane | $3.450/gallon | $41.89 |
| Electricity (baseboard) | 15.09¢/kWh | $44.23 |
Electricity is shown twice on purpose: a heat pump and a baseboard heater run on the same electricity but differ by a factor of two, so quoting one figure for "electric heat" would be meaningless. Combustion figures assume a 90% AFUE furnace. Nothing here includes the cost of buying or installing the equipment, which is usually what decides a switch. How the fallbacks work.