Cheapest Albany County Heating Oil Price History
Updated on March 3, 2026 at 01:00 PM
| Date | Price |
|---|---|
| 03/03/2026 | $3.150 |
| 03/02/2026 | $3.150 |
| 03/01/2026 | $3.150 |
| 02/28/2026 | $3.150 |
| 02/27/2026 | $3.150 |
| 02/26/2026 | $3.150 |
| 02/25/2026 | $3.150 |
| 02/24/2026 | $3.150 |
| 02/23/2026 | $3.150 |
| 02/22/2026 | $3.150 |
| 02/21/2026 | $3.150 |
| 02/20/2026 | $3.150 |
| 02/19/2026 | $3.150 |
| 02/18/2026 | $3.150 |
| 02/17/2026 | $3.150 |
| 02/16/2026 | $3.150 |
| 02/15/2026 | $3.150 |
| 02/14/2026 | $3.150 |
| 02/13/2026 | $3.150 |
| 02/12/2026 | $3.150 |
| 02/11/2026 | $3.150 |
| 02/10/2026 | $3.150 |
| 02/09/2026 | $3.150 |
| 02/08/2026 | $3.150 |
| 02/07/2026 | $3.150 |
| 02/06/2026 | $3.150 |
| 02/05/2026 | $3.150 |
| 02/04/2026 | $3.150 |
| 02/03/2026 | $3.150 |
| 02/02/2026 | $3.150 |
Propane vs. Natural Gas vs. Heating Oil: Albany Home Heating Fuel Comparison
Homeowners have a variety of fuels to choose from when it comes to heating. Natural Gas is the preferred choice in Albany, used by 4,725,574 or 61% of families. The 2nd most popular primary heating fuel for Albany families is Electricity, used by 1,365,710 homes (18%). The rest of the homes are heated with Heating Oil (14%), Propane (5%), Other (1%), and Wood (1%).
Albany County Residential Primary Home Heating Fuel (in Number of Households)
| Year | Natural Gas | Propane | Electricity | Oil | Wood | Solar | Other |
|---|---|---|---|---|---|---|---|
| 2025 | 4,725,574 | 377,922 | 1,365,710 | 1,103,323 | 92,054 | 16,434 | 100,232 |
| 2024 | 4,679,558 | 370,910 | 1,292,868 | 1,143,783 | 96,147 | 15,259 | 97,524 |
| 2023 | 4,581,041 | 402,335 | 1,263,700 | 1,212,850 | 100,015 | 11,208 | 104,369 |
| 2022 | 4,542,443 | 400,969 | 1,190,880 | 1,279,260 | 99,080 | 11,314 | 103,810 |
| 2021 | 4,489,009 | 388,311 | 1,118,015 | 1,293,770 | 108,202 | 8,858 | 98,952 |
| 2020 | 4,504,504 | 353,944 | 1,014,730 | 1,343,665 | 111,106 | 8,778 | 89,024 |
| 2019 | 4,519,999 | 319,576 | 911,445 | 1,393,560 | 114,011 | 8,697 | 79,096 |
| 2018 | 4,397,917 | 308,020 | 890,554 | 1,459,976 | 120,159 | 6,022 | 82,621 |
| 2017 | 4,339,349 | 294,973 | 867,925 | 1,496,843 | 122,088 | 5,988 | 77,386 |
| 2016 | 4,227,422 | 273,838 | 860,856 | 1,540,787 | 126,890 | 6,535 | 79,479 |
| 2015 | 4,202,413 | 265,224 | 808,370 | 1,649,860 | 141,016 | 3,120 | 78,999 |
| 2014 | 4,186,666 | 258,775 | 770,577 | 1,752,656 | 145,012 | 2,573 | 76,963 |
| 2013 | 4,074,510 | 259,367 | 764,400 | 1,802,442 | 148,422 | 2,525 | 81,841 |
| 2012 | 4,044,389 | 237,738 | 775,390 | 1,901,118 | 155,603 | 2,168 | 61,429 |
| 2011 | 4,014,222 | 222,634 | 707,016 | 1,979,067 | 143,287 | 2,728 | 63,609 |
| 2010 | 3,961,085 | 227,607 | 676,262 | 2,068,004 | 143,242 | 1,823 | 61,664 |
Heating Oil (Fuel Oil) Use in Albany
Oil has become less popular in Albany. In the 9 years since 2016, the number of homeowners using heating oil dropped from 1,540,787 to 1,103,323, a 28% drop.
Propane vs. Natural Gas use for home heating in Albany
Between 2016 and today, the number of homes using propane as the primary space heating fuel shot up from 273,838 to 377,922, a 38% change. Comparing 2016 and today, the number of homes using natural gas as the primary space heating fuel shot up from 4,227,422 to 4,725,574, a 12% change.
Electricity use for home heating in Albany
Electric heat pump systems for home heating are increasing in demand in Albany. Since 2016, the number of homes heating with electricity rose from 860,856 to 1,365,710, a 59% change.
Adoption of solar home heating systems in Albany
Solar is the most environmentally friendly of all 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 (similar to a hot water heater) in the basement. Currently, 16,434 homes in Albany are heated with active solar arrays. This is a 151% gain from 2016, when 6,535 homes incorporated active solar heating.
Albany County Heating Oil Trends
Last year, Albany County homeowners purchased a total of 7 million gallons of heating oil.
Short Term Trends
Albany’s overall oil use fluctuates yearly primarily depending on how cold each winter is. As the temperature outside gets more chilly, homes’ boilers need to burn more and more oil to maintain a constant interior temperature. Last winter, the average outside temperature in Albany was 28.1°F, which was 5.4°F colder than the prior winter's average outside temperature.
Albany County Average Winter Temperature
| Heating Season | Average Temperature |
|---|---|
| 2024 - 2025 | 28.1° F |
| 2023 - 2024 | 33.5° F |
Albany County Homeowner’s Guide to Selecting an Oil Company
For Albany families heating with fuel oil, choosing which of the 60 heating oil companies that serve Albany 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 322 “full-service” oil companies that serve Albany. Full service companies such as H & M Oil Co Inc Hoffman & Miller Oil Co or Helderberg Oil Inc offer clients annual contracts which consist of a combined package of both automatic oil delivery and furnace repair. With an automatic fuel oil delivery contract, the company tracks your home’s oil consumption and makes deliveries when your tank is running low. The client does not need to monitor the level of the oil tank or place individual orders.
Discount Oil Companies: also referred to as “COD Fuel” or “Cash Heating Oil” companies, discount oil companies are for families who are on a budget. With discount oil companies, in exchange for lower prices, you monitor the number two heating oil level in your tank, and you place an oil order either when the level runs low or just before a major snowstorm. Some of the 2 Albany cash heating oil companies serving Albany include Collins & Son Inc and MainCare Express.
Albany Oil Company By The Numbers: Oil Companies Serving Albany: 60 companies .
Average Number of Albany Houses Served per Fuel Oil company : 18389
Albany Heating Oil Delivery Overview
1,103,323 houses in Albany heat their homes with number two heating oil. This makes oil delivery essential, especially when Albany temperatures drop as low as 22.4° F each winter. 14% of Albany residences rely on heating oil delivery each winter.
7.03% of Albany County Households Rely On Heating Oil Delivery Each Winter
| Albany County Households | Albany County Heating Oil Households |
|---|---|
| 15.6M | 1.1M |
606 Albany Fuel Oil Companies You Can Bank On
With 664,748,714.28 gallons of heating oil delivered to Albany homes last winter, the Albany community looks to its 606 oil companies when temperatures dip. Oil delivery is a two step process: First, an oil truck picks up oil at the nearest bulk fuel terminal (also known as a “rack”). In the case of Albany, two of the closest terminals are Sprague in Bridgeport, CT and N.h.term in New Haven, CT. Then, the truck delivers the number two heating oil to homes and businesses throughout Albany and the surrounding region.
