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Cheapest heating oil price in Richmond

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150 gallons Heating Oil

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$60.75

Today

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$60.75

Jul 18

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$60.75

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$60.75

Aug 15

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Oil Companies

Oil Prices For Heating Oil Companies In Richmond, VA

Heating Oil CompanyOil 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 homeowners heating with oil, choosing which of the 5 heating oil companies that serve Richmond can drastically impact the cost of home heating.

Full Service Oil Companies: Homeowners who can afford 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 households annual contracts which consist of a combined package of both automatic number two heating oil delivery and HVAC repair. With an automatic number two heating oil delivery contract, the company tracks your home’s heating oil consumption and makes deliveries when your tank is running low. The household 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 customers who are on a budget. With discount oil companies, in exchange for lower prices, you monitor the oil level in your tank, and you place an oil order when the oil gauge dips below a quarter tank. Examples of 2 Richmond cash heating oil companies serving Richmond include Southside Fuel and J M Pollard.

Richmond Number Two Heating Oil Company Statistics: Number two 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 fuel oil consumption fluctuates each year primarily depending on how cold each winter is. As the temperature outside gets colder, homes’ heating systems need to burn increasing amounts of 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 SeasonAverage Temperature
2024 - 202539.4° F
2023 - 202443.6° F

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Oil Prices

Average Richmond Heating Oil Price Trends

Updated on March 30, 2026

Time HorizonPrice 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

DatePrice
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
Heating Oil

20 Seconds Can Save Richmond Families $1,000+ On Oil Bills Every Year

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

Homes have a host of fuels that can be used 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 residents 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)

YearNatural GasPropaneElectricityOilWoodSolarOther
202551,5792,411111,6996,588527176643
202451,5272,278111,0046,834533167636
202351,0912,163108,4787,062544156632
202251,6361,951105,6537,759485137587
202151,0831,848102,5268,36753762494
202049,2291,62095,4428,80140238504
201950,6991,71292,7389,35136031273
201851,9631,68589,92510,01734720347
201752,9471,43287,39010,85533631414
201653,7411,43385,34011,01237831402
201553,0491,38282,57411,97741824355
201453,5591,30279,50812,84150026444
201353,8661,42676,99013,53155729337
201254,0241,41574,87214,73366712357
201155,1581,54572,37916,00067550317

Heating Oil (Fuel Oil) Use in Richmond

Oil has become decreasing in demand in Richmond. In the 3 years since 2022, the number of residents using fuel oil declined from 7,759 to 6,588, a 15% drop.

Propane vs. Natural Gas use for home heating in Richmond

Between 2022 and today, the number of households using propane as the primary space heating fuel increased from 1,951 to 2,411, a 24% change. Comparing 2022 and today, the number of homes using natural gas as the primary space heating fuel remained stable at 51,579, a 0% change.

Electricity use for home heating in Richmond

Electric heat pump systems for home heating are increasing in demand in Richmond. Since 2022, the number of homes heating with electricity ramped up from 105,653 to 111,699, a 6% change.

Adoption of solar home heating systems in Richmond

The most eco-friendly heating option is solar. 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. Now, 176 homes in Richmond are heated with active solar arrays. This is a 28% gain from 2022, when 137 homes utilized active solar heating.

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Richmond, VA Heating Oil Delivery Map

Map of the COD Fuel Oil delivery service area for Richmond, VA

Richmond Heating Oil Delivery Overview

6,588 households in Richmond heat their homes with fuel oil. This makes oil delivery essential, especially when Richmond temperatures drop as low as 32.8° F each winter. 3.8% of Richmond homes depend on number two heating oil delivery each winter.

3.8% of Richmond, VA Households Rely On Heating Oil Delivery Each Winter

Richmond, VA HouseholdsRichmond, VA Heating Oil Households
174,7736,588

5 Richmond Fuel Oil Companies Serving The Community

With 3,294,000 gallons of fuel oil delivered to Richmond homeowners during this past winter, the Richmond community looks to its 5 oil companies to keep their oil tanks full. 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 #2 heating oil to residences and companies throughout Richmond and the surrounding vicinity.

Heating Oil Prices Near You In These Adjacent Towns