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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 families heating with fuel oil, choosing which of the 5 heating oil companies that serve Richmond is an important decision.
Full Service Oil Companies: Homeowners who prefer a “set-it-and-forget-it” heating system select one of the 1 “full-service” oil companies that serve Richmond. Full service companies such as Hungerford Heating & Cooling or offer families annual contracts which consist of a combined package of both automatic fuel oil delivery and furnace repair. With an automatic fuel oil delivery contract, the company tracks your home’s heating 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 households who are looking to save money. With discount oil companies, in return for better prices, you monitor the number two heating oil level in your tank, and you place an oil order when the oil gauge dips below a quarter tank. 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 Houses Served per Fuel 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 heating oil use changes annually correlating with how cold it gets each winter. As the temperature outside gets colder, homes’ furnaces need to burn more and more number two heating oil to keep the house warm inside. 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 30, 2026
| Time Horizon | Price Change |
|---|---|
| 1 Week Trend | +$0.068 |
| 1 Month Trend | +$1.395 |
| 3 Month Trend | +$1.629 |
| 1 Year Trend | +$1.705 |
Average Richmond Heating Oil Price History
Updated on March 30, 2026
| Date | Price |
|---|---|
| 03/30/2026 | $5.277 |
| 03/23/2026 | $5.209 |
| 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 |
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Propane vs. Natural Gas vs. Heating Oil: Richmond Home Heating Fuel Comparison
Households have a variety of fuels that can be used when it comes to heating. Electricity is the most common choice in Richmond, used by 111,699 or 64% of families. The next most popular primary heating fuel for Richmond families is Natural Gas, used by 51,579 homes (30%). The remaining 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
Number two heating oil has become less popular in Richmond. In the 9 years since 2016, the number of households using number two heating oil dropped 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 houses using propane as the primary space heating fuel grew 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 decreased 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 shot up 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 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. Now, 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 residences in Richmond heat their homes with number two heating oil. This makes oil delivery essential, especially when Richmond temperatures drop as low as 32.8° F each winter. 3.8% of Richmond houses rely on fuel 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 Oil Companies You Can Bank On
With 3,294,000 gallons of oil delivered to Richmond residences last winter, the Richmond community relies on its 5 oil companies to keep warm throughout the winter. 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 Richmond, two of the closest terminals are Motiva in Fairfax, VA and Buckeye in Baltimore, MD. Then, the truck delivers the number two heating oil to homes and businesses throughout Richmond and the surrounding vicinity.