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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

May 18

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$60.75

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$60.75

Jun 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 families heating with number two heating 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 are willing to pay a premium for a “set-it-and-forget-it” heating system pick 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 number two heating oil delivery contract, the company tracks your home’s 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 looking to save money. With discount oil companies, in exchange for lower prices, you monitor the 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 Number Two Heating Oil Company Fast Facts: Fuel oil Companies Serving Richmond: 5 companies .
Average Number of Richmond Households 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 fuel oil consumption fluctuates each year depending on winter temperatures. As the temperature outside gets colder, homes’ heating systems need to burn increasing amounts of 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 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+$1.698

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
05/12/2025 $3.579
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

Residences have a variety of fuels that can be used when it comes to heating. Electricity is the most popular choice in Richmond, used by 111,699 or 64% of homeowners. The 2nd most popular primary heating fuel for Richmond residents 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)

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

Number two heating oil has become less popular in Richmond. In the 4 years since 2021, the number of households using number two heating oil decreased from 8,367 to 6,588, a 21% drop.

Propane vs. Natural Gas use for home heating in Richmond

Between 2021 and today, the number of households using propane as the primary space heating fuel rose from 1,848 to 2,411, a 30% change. Comparing 2021 and today, the number of homes using natural gas as the primary space heating fuel grew from 51,083 to 51,579, a 1% change.

Electricity use for home heating in Richmond

Electric heat pump systems for home heating are increasing in demand in Richmond. Since 2021, the number of homes heating with electricity grew from 102,526 to 111,699, a 9% 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. Today, 176 homes in Richmond are heated with active solar arrays. This is a 184% gain from 2021, when 62 homes used 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 houses in Richmond heat their homes with 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 are reliant on 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 You Can Trust

With 3,294,000 gallons of number two heating oil delivered to Richmond households last winter, the Richmond community looks to its 5 oil companies to keep warm throughout the winter. Oil delivery can be summed up in two steps: 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.

Heating Oil Prices Near You In These Adjacent Towns