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Cities In Maine with Local Oil Prices

Maine Heating Oil Price Trends

Updated Today at 12:00 AM

Time HorizonPrice Change
1 Day Trend+$0.002
1 Week Trend-$0.070
1 Month Trend+$0.421
1 Year Trend-$0.238

Maine Heating Oil Price History

Updated Today at 12:00 AM

DateAverage Oil Price
02/03/2025$3.437
01/31/2025$3.428
01/30/2025$3.424
01/29/2025$3.418
01/28/2025$3.421
01/27/2025$3.420
01/24/2025$3.499
01/23/2025$3.499
01/22/2025$3.406
01/21/2025$3.410
01/20/2025$3.403
01/17/2025$3.368
01/16/2025$3.369
01/15/2025$3.322
01/14/2025$3.329
01/13/2025$3.290
01/10/2025$3.207
01/09/2025$3.122
01/08/2025$3.128
01/07/2025$3.136
01/06/2025$3.115
01/03/2025$3.085
01/02/2025$3.025
01/01/2025$3.008
12/31/2024$2.985
12/30/2024$2.990
12/27/2024$2.978
12/26/2024$2.973
12/25/2024$2.980
12/24/2024$2.968

Propane vs. Natural Gas vs. Heating Oil: Maine Home Heating Fuel Comparison

Homeowners have a variety of home heating fuels to choose from. Heating oil is the most popular choice in Maine, used by 284,676 or 59.19% of homes. The 2nd most popular choice for Maine homeowners is propane, used by 62,744 homes (13.05%). The remaining homes are heated with natural gas (46,335), electricity (45,852), wood (36,575), and other fuels (12,863).

Maine Primary Home Heating Fuel Popularity by Number of Households

FuelMaine Households % of Households
Heating Oil284,67659.2%
Propane62,74413.1%
Natural Gas46,3359.6%
Electricity45,8529.5%
Wood36,5757.6%
Other Fuels8,6691.8%
No Fuel1,9850.4%
Solar1,6310.3%
Coal5780.1%

Heating oil (59.2%)

Propane (13.1%)

Natural gas (9.6%)

Electricity (9.5%)

Wood (7.6%)

Other fuels (1.8%)

No fuel (0.4%)

Solar (0.3%)

Coal (0.1%)

#2 Heating Oil (Fuel Oil) Use in Maine

Heating oil has become less popular in Maine. In the 9 years since 2013, the number of heating oil homes fell from 314,214 to 284,676, a 9.40% drop.

Maine Heating Oil Households (2011 - 2022)

YearHeating Oil Households
2011330,891
2012323,659
2013314,214
2014306,081
2015298,972
2016291,806
2017287,069
2018286,083
2019285,451
2020287,940
2021285,388
2022284,676

Propane vs. Natural Gas use for home heating in Maine

Between 2013 and today, the number of homes using propane as the primary space heating fuel rose from 34,928 to 62,744.

Between 2013 and today, the number of homes using natural gas as the primary space heating fuel rose from 27,364 to 46,335.

Electricity use for home heating in Maine

Electric space heating systems are becoming more popular in Maine. Since 2013, the number of homes heating with electricity rose from 21,650 to 45,852, a 111.79% increase.

Solar use for home heating in Maine

Solar is the most environmentally friendly of all space 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 in the basement.

Currently, 1,631 homes in Maine are heated with active solar arrays. This is a 422.76% increase from 2013, when only 312 homes had installed active solar heating.

Maine Heating Oil Trends

Last year, Maine homeowners purchased a total of 247 million gallons of heating oil.

Short Term Trends

Maine’s overall heating oil use varies from year to year, primarily depending on how cold each winter is. As the temperature outside gets colder, homes’ heating systems need to burn more and more oil to keep homes warm. Last winter in Maine, the average outside temperature was 1.4° F colder than the prior winter's average outside temperature.

Maine Average Winter Temperature

Heating SeasonAverage Temperature
2024 - 202528.5° F
2023 - 202429.9° F

Maine Homeowner’s Guide to Selecting an Oil Company

For Maine homeowners heating with oil, selecting which of the 131 heating oil companies that serve Maine is an important decision.

Full Service Oil Companies: Homeowners willing to pay a premium for a “set-it-and-forget-it” heating system choose one of the 19 “full-service” oil companies that serve Maine. Full service companies such as Alfred Oil or MA Haskell Fuel Company LLC offer automatic fuel delivery and furnace repair under a single roof.

Discount Oil Companies: Also known by the names “COD Fuel Companies” or “Cash Heating Oil Companies”, these companies are for the budget-conscious Maine homeowner. In return for better prices, you monitor the oil level in your tank and place an order when you run low on oil. Examples of cash heating oil companies that serve Maine include EMERY MILLS ENERGY INC and Integrity Oil.

Maine Heating Oil Company Fast Facts

Heating Oil Companies Serving Maine: 131 companies

Average Number Of Maine Homes Served Per Company: 2,628 homes

Average Gallons Delivered per Maine Oil Company: 1,885,083 gallons per year

Maine Heating Oil Delivery Overview

Approximately 330,278 households in Maine heat their homes with fuel oil. This makes oil delivery essential, especially when Maine temperatures drop as low as 42.5° F each winter.

59% of Maine Households Rely On Heating Oil Delivery Each Winter

Maine HouseholdsMaine Heating Oil Households
552,674330,278

131 Maine Oil Companies Go the Distance

With 247 million gallons of heating oil delivered to Maine homeowners during the winter of 2024, the Maine community relies on its 131 oil companies to keep warm.

Oil delivery is a two step process: First, an oil truck picks up oil at the nearest bulk fuel terminal. In the case of Maine, two of the closest terminals are Buckeye in Bangor, ME and Pbt in Brewer, ME. Then, the truck delivers the #2 heating oil to homes and businesses in Maine.