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Cheapest heating oil price in Richmond
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Oil Prices For Heating Oil Companies In Richmond, VA
| Heating Oil Company | Oil Price Per Gallon |
|---|---|
| Hungerford Heating and Cooling | Call for price |
| Southside Fuel | Call for price |
| J M Pollard | Call for price |
| Kellehers Heating Oil | Call for price |
| Massey Wood and West | Call for price |
Richmond Homeowner’s Guide to Selecting an Oil Company
For Richmond homes heating with fuel oil, picking which of the 5 heating oil companies that serve Richmond plays a big role in determining how much money is spent on heating each winter.
Full Service Oil Companies: Homeowners who value a “set-it-and-forget-it” heating system choose one of the 1 “full-service” oil companies that serve Richmond. Full service companies such as Hungerford Heating & Cooling or offer households annual contracts which consist of a combined package of both automatic oil delivery and HVAC repair. With an automatic heating oil delivery contract, the company tracks your home’s oil consumption and makes deliveries when your tank is running low. The homeowner does not need to monitor the level of the oil tank or place individual orders.
Discount Oil Companies: Also known by the names “COD Fuel” or “Cash Heating Oil” companies, discount oil companies are for customers who are on a budget. With discount oil companies, in exchange for lower prices, you monitor the 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 Richmond cash heating oil companies serving Richmond include Southside Fuel and J M Pollard.
Richmond Heating Oil Company Fast Facts: Heating oil Companies Serving Richmond: 5 companies .
Average Number of Richmond Homes Served per Number Two Heating Oil company : 1318
Richmond, VA Heating Oil Trends
Last year, Richmond homeowners purchased a total of 5 million gallons of heating oil. Out of the 44 towns in Virginia, Richmond ranks 1st for home heating oil consumption.
Country-wide, Richmond ranks 54th out of 29,620 towns in America for heating oil consumption.
Short Term Trends
Richmond’s overall number two heating oil use varies yearly depending on winter temperatures. As the temperature outside drops, homes’ furnaces need to burn additional number two heating oil to maintain a constant interior temperature. Last winter, the average outside temperature in Richmond was 39.4°F, which was 4.2°F colder than the prior winter's average outside temperature.
Richmond Average Winter Temperature
| Heating Season | Average Temperature |
|---|---|
| 2024 - 2025 | 39.4° F |
| 2023 - 2024 | 43.6° F |
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Average Richmond Heating Oil Price Trends
Updated on March 16, 2026
| Time Horizon | Price Change |
|---|---|
| 1 Week Trend | +$0.209 |
| 1 Month Trend | +$1.125 |
| 3 Month Trend | +$1.200 |
| 1 Year Trend | +$1.196 |
Average Richmond Heating Oil Price History
Updated on March 16, 2026
| Date | Price |
|---|---|
| 03/16/2026 | $4.855 |
| 03/09/2026 | $4.646 |
| 03/02/2026 | $3.882 |
| 02/23/2026 | $3.737 |
| 02/16/2026 | $3.730 |
| 02/09/2026 | $3.745 |
| 02/02/2026 | $3.734 |
| 01/26/2026 | $3.664 |
| 01/19/2026 | $3.641 |
| 01/12/2026 | $3.642 |
| 01/05/2026 | $3.648 |
| 12/29/2025 | $3.647 |
| 12/22/2025 | $3.655 |
| 12/15/2025 | $3.656 |
| 12/08/2025 | $3.673 |
| 12/01/2025 | $3.684 |
| 11/24/2025 | $3.697 |
| 11/17/2025 | $3.666 |
| 11/10/2025 | $3.647 |
| 11/03/2025 | $3.632 |
| 10/27/2025 | $3.610 |
| 10/20/2025 | $3.627 |
| 10/13/2025 | $3.649 |
| 10/06/2025 | $3.572 |
| 05/12/2025 | $3.579 |
| 04/14/2025 | $3.630 |
| 03/31/2025 | $3.659 |
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Propane vs. Natural Gas vs. Heating Oil: Richmond Home Heating Fuel Comparison
Homeowners have a choice of fuels to choose from when it comes to heating. Electricity is the preferred choice in Richmond, used by 111,699 or 64% of residents. The 2nd most popular primary heating fuel for Richmond homeowners is Natural Gas, used by 51,579 homes (30%). The rest of the homes are heated with Heating Oil (4%), Propane (1%), Other (1%), and Wood (0.3%).
Richmond Residential Primary Home Heating Fuel (in Number of Households)
| Year | Natural Gas | Propane | Electricity | Oil | Wood | Solar | Other |
|---|---|---|---|---|---|---|---|
| 2025 | 51,579 | 2,411 | 111,699 | 6,588 | 527 | 176 | 643 |
| 2024 | 51,527 | 2,278 | 111,004 | 6,834 | 533 | 167 | 636 |
| 2023 | 51,091 | 2,163 | 108,478 | 7,062 | 544 | 156 | 632 |
| 2022 | 51,636 | 1,951 | 105,653 | 7,759 | 485 | 137 | 587 |
| 2021 | 51,083 | 1,848 | 102,526 | 8,367 | 537 | 62 | 494 |
| 2020 | 49,229 | 1,620 | 95,442 | 8,801 | 402 | 38 | 504 |
| 2019 | 50,699 | 1,712 | 92,738 | 9,351 | 360 | 31 | 273 |
| 2018 | 51,963 | 1,685 | 89,925 | 10,017 | 347 | 20 | 347 |
| 2017 | 52,947 | 1,432 | 87,390 | 10,855 | 336 | 31 | 414 |
| 2016 | 53,741 | 1,433 | 85,340 | 11,012 | 378 | 31 | 402 |
| 2015 | 53,049 | 1,382 | 82,574 | 11,977 | 418 | 24 | 355 |
| 2014 | 53,559 | 1,302 | 79,508 | 12,841 | 500 | 26 | 444 |
| 2013 | 53,866 | 1,426 | 76,990 | 13,531 | 557 | 29 | 337 |
| 2012 | 54,024 | 1,415 | 74,872 | 14,733 | 667 | 12 | 357 |
| 2011 | 55,158 | 1,545 | 72,379 | 16,000 | 675 | 50 | 317 |
Heating Oil (Fuel Oil) Use in Richmond
Heating oil has become less frequently used in Richmond. In the 9 years since 2016, the number of homeowners using number two heating oil decreased from 11,012 to 6,588, a 40% drop.
Propane vs. Natural Gas use for home heating in Richmond
Between 2016 and today, the number of homes using propane as the primary space heating fuel shot up from 1,433 to 2,411, a 68% change. Comparing 2016 and today, the number of homes using natural gas as the primary space heating fuel dropped from 53,741 to 51,579, a 4% change.
Electricity use for home heating in Richmond
Electric heat pump systems for home heating are more popular in Richmond. Since 2016, the number of homes heating with electricity increased from 85,340 to 111,699, a 31% change.
Adoption of solar home heating systems in Richmond
Out of all fuels, solar is the safest for the environment. With an “active” solar heating system, liquid flows between solar panels on a home’s roof and a heat energy storage tank (similar to a hot water heater) in the basement. As it stands today, 176 homes in Richmond are heated with active solar arrays. This is a 468% gain from 2016, when 31 homes utilized active solar heating.
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Richmond, VA Heating Oil Delivery Map

Richmond Heating Oil Delivery Overview
6,588 families in Richmond heat their homes with oil. This makes oil delivery essential, especially when Richmond temperatures drop as low as 32.8° F each winter. 3.8% of Richmond households rely on number two heating oil delivery each winter.
3.8% of Richmond, VA Households Rely On Heating Oil Delivery Each Winter
| Richmond, VA Households | Richmond, VA Heating Oil Households |
|---|---|
| 174,773 | 6,588 |
5 Richmond Heating Oil Companies Homeowners Can Count On
With 3,294,000 gallons of heating oil delivered to Richmond homeowners during this past winter, the Richmond community relies on its 5 oil companies when temperatures dip. Oil delivery has two parts to it: First, an oil truck picks up oil at the nearest bulk fuel terminal (also known as a “rack”). In the case of Richmond, two of the closest terminals are Motiva in Fairfax, VA and Buckeye in Baltimore, MD. Then, the truck delivers the #2 heating oil to homes and businesses throughout Richmond and the surrounding vicinity.