B
Bailey Island, ME Baileyville, ME Bangor, ME Bar Harbor, ME Bar Mills, ME Bath, ME Belfast, ME Belgrade, ME Belgrade Lakes, ME Berwick, ME Biddeford, ME Biddeford Pool, ME Birch Harbor, ME Blue Hill, ME Boothbay, ME Boothbay Harbor, ME Bowdoin, ME Bowdoinham, ME Bradford, ME Bradley, ME Bremen, ME Brewer, ME Bridgton, ME Bristol, ME Brooks, ME Brunswick, ME Bryant Pond, ME Buckfield, ME Bucksport, ME Bustins Island, ME Buxton, MEC
Cambridge, ME Canaan, ME Canton, ME Cape Elizabeth, ME Cape Neddick, ME Cape Porpoise, ME Carmel, ME Casco, ME Center Lovell, ME Chamberlain, ME Charleston, ME Chebeague Island, ME China Village, ME Cliff Island, ME Clinton, ME Coopers Mills, ME Corinna, ME Corinth, ME Cornish, ME Cumberland Center, ME Cumberland Foreside, MED
Damariscotta, ME Danville, ME Denmark, ME Dexter, ME Dixmont, ME Dover Foxcroft, ME Dresden, ME Durham, MEE
East Baldwin, ME East Blue Hill, ME East Boothbay, ME East Dixfield, ME East Livermore, ME East Newport, ME East Orland, ME East Poland, ME East Vassalboro, ME East Waterboro, ME East Winthrop, ME Eddington, ME Edgecomb, ME Eliot, ME Ellsworth, ME Etna, ME Exeter, MEF
Fairfield, ME Falmouth, ME Farmingdale, ME Farmington, ME Fort Kent, ME Fort Kent Mills, ME Frankfort, ME Franklin, ME Freedom, ME Freeport, ME Frenchville, ME Friendship, ME Fryeburg, MEG
Gardiner, ME Garland, ME Georgetown, ME Gorham, ME Gouldsboro, ME Gray, ME Greenbush, ME Greene, ME Greenwood, MEH
Hallowell, ME Hampden, ME Hancock, ME Harpswell, ME Harrison, ME Hebron, ME Hinckley, ME Hiram, ME Holden, ME Hollis Center, ME Howland, ME Hudson, ME Hulls Cove, MEK
Kenduskeag, ME Kennebunk, ME Kennebunkport, ME Kents Hill, ME Kingfield, ME Kittery, ME Kittery Point, MEL
Lebanon, ME Leeds, ME Levant, ME Lewiston, ME Liberty, ME Limerick, ME Limington, ME Lisbon, ME Lisbon Falls, ME Litchfield, ME Long Island, ME Lovell, MEM
Madawaska, ME Madison, ME Manchester, ME Mapleton, ME Mechanic Falls, ME Milford, ME Minot, ME Monmouth, ME Monroe, ME Moody, ME Mount Desert, ME Mount Vernon, MEN
Naples, ME New Gloucester, ME New Harbor, ME New Portland, ME New Sharon, ME New Vineyard, ME Newcastle, ME Newfield, ME Newport, ME Nobleboro, ME Norridgewock, ME North Anson, ME North Berwick, ME North Bridgton, ME North Monmouth, ME North Turner, ME North Vassalboro, ME North Waterboro, ME North Waterford, ME North Yarmouth, ME Norway, MEO
Oakland, ME Ocean Park, ME Ogunquit, ME Old Orchard Beach, ME Old Town, ME Orland, ME Orono, ME Orrington, ME Orrs Island, ME Oxford, MEP
Palmyra, ME Paris, ME Peaks Island, ME Pemaquid, ME Penobscot, ME Phippsburg, ME Plymouth, ME Poland, ME Portland, ME Pownal, MES
Sabattus, ME Saco, ME Saint Agatha, ME Salsbury Cove, ME Sandy Point, ME Sanford, ME Scarborough, ME Searsport, ME Sebago, ME Sebasco Estates, ME Shapleigh, ME Shawmut, ME Sinclair, ME Smithfield, ME Sorrento, ME South Berwick, ME South Bristol, ME South Casco, ME South China, ME South Freeport, ME South Gardiner, ME South Paris, ME South Portland, ME South Windham, ME Southport, ME Southwest Harbor, ME Springvale, ME Squirrel Island, ME Standish, ME Steep Falls, ME Stetson, ME Stillwater, ME Stockton Springs, ME Strong, ME Sullivan, ME Sumner, ME Surry, MEW
Waldoboro, ME Wallagrass, ME Walpole, ME Waterboro, ME Waterford, ME Waterville, ME Wayne, ME Weld, ME Wells, ME West Baldwin, ME West Boothbay Harbor, ME West Kennebunk, ME West Minot, ME West Newfield, ME West Paris, ME West Poland, ME Westbrook, ME Whitefield, ME Wilton, ME Windham, ME Windsor, ME Winter Harbor, ME Winterport, ME Winthrop, ME Wiscasset, ME Woolwich, MEMaine Heating Oil Price Trends
Updated on December 20, 2024 at 12:00 AM
| Time Horizon | Price Change |
|---|---|
| 1 Week Trend | +$0.002 |
| 1 Month Trend | +$0.106 |
| 1 Year Trend | -$0.134 |
Maine Heating Oil Price History
Updated on December 20, 2024 at 12:00 AM
| Date | Average Oil Price |
|---|---|
| 12/20/2024 | $2.953 |
| 12/19/2024 | $2.952 |
| 12/18/2024 | $2.948 |
| 12/17/2024 | $2.944 |
| 12/16/2024 | $2.951 |
| 12/13/2024 | $2.950 |
| 12/12/2024 | $2.950 |
| 12/11/2024 | $2.926 |
| 12/10/2024 | $2.892 |
| 12/09/2024 | $2.871 |
| 12/06/2024 | $2.856 |
| 12/05/2024 | $2.851 |
| 12/04/2024 | $2.843 |
| 12/03/2024 | $2.850 |
| 12/02/2024 | $2.850 |
| 11/29/2024 | $2.850 |
| 11/28/2024 | $2.842 |
| 11/27/2024 | $2.842 |
| 11/26/2024 | $2.841 |
| 11/25/2024 | $2.846 |
| 11/22/2024 | $2.846 |
| 11/21/2024 | $2.846 |
| 11/20/2024 | $2.846 |
| 11/19/2024 | $2.846 |
| 11/18/2024 | $2.846 |
| 11/15/2024 | $2.847 |
| 11/14/2024 | $2.857 |
| 11/13/2024 | $2.862 |
| 11/12/2024 | $2.862 |
| 11/11/2024 | $2.884 |
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 344,285 or 59.84% of homes. The 2nd most popular choice for Maine homeowners is propane, used by 74,720 homes (12.99%). The remaining homes are heated with electricity (53,649), wood (50,553), natural gas (46,832), and other fuels (16,018).
Maine Primary Home Heating Fuel Popularity by Number of Households
| Fuel | Maine Households | % of Households |
|---|---|---|
| Heating Oil | 344,285 | 59.8% |
| Propane | 74,720 | 13.0% |
| Electricity | 53,649 | 9.3% |
| Wood | 50,553 | 8.8% |
| Natural Gas | 46,832 | 8.1% |
| Other Fuels | 10,776 | 1.9% |
| No Fuel | 2,221 | 0.4% |
| Solar | 1,762 | 0.3% |
| Coal | 1,259 | 0.2% |
Heating oil (59.8%)
Propane (13.0%)
Electricity (9.3%)
Wood (8.8%)
Natural gas (8.1%)
Other fuels (1.9%)
No fuel (0.4%)
Solar (0.3%)
Coal (0.2%)
#2 Heating Oil (Fuel Oil) Use in Maine
Heating oil has become less popular in Maine. In the 7 years since 2015, the number of heating oil homes fell from 359,172 to 344,285, a 4.14% drop.
Maine Heating Oil Households (2011 - 2022)
| Year | Heating Oil Households |
|---|---|
| 2011 | 399,528 |
| 2012 | 389,712 |
| 2013 | 378,400 |
| 2014 | 368,680 |
| 2015 | 359,172 |
| 2016 | 350,786 |
| 2017 | 345,775 |
| 2018 | 344,793 |
| 2019 | 344,403 |
| 2020 | 348,823 |
| 2021 | 345,156 |
| 2022 | 344,285 |
Propane vs. Natural Gas use for home heating in Maine
Between 2015 and today, the number of homes using propane as the primary space heating fuel rose from 45,626 to 74,720.
Between 2015 and today, the number of homes using natural gas as the primary space heating fuel rose from 33,136 to 46,832.
Electricity use for home heating in Maine
Electric space heating systems are becoming more popular in Maine. Since 2015, the number of homes heating with electricity rose from 27,536 to 53,649, a 94.83% 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, 1,762 homes in Maine are heated with active solar arrays. This is a 246.85% increase from 2015, when only 508 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 4.0° F warmer than the prior winter's average outside temperature.
Maine Average Winter Temperature
| Heating Season | Average Temperature |
|---|---|
| 2024 - 2025 | 35.1° F |
| 2023 - 2024 | 31.1° 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 Households | Maine Heating Oil Households |
|---|---|
| 552,674 | 330,278 |
131 Maine Oil Companies Go the Distance
With 247 million gallons of heating oil delivered to Maine homeowners during the winter of 2023, 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.
© Davos Energy LLC 2024
All Rights Reserved
CT Online Marketplace
Reg#0001286 14
Heat Fleet
For Dealers
Contact