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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 oil, selecting which of the 5 heating oil companies that serve Richmond makes a big difference.
Full Service Oil Companies: Homeowners who are willing to pay a premium for 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 customers annual contracts which consist of a combined package of both automatic fuel oil delivery and heating system repair. With an automatic fuel oil delivery contract, the company tracks your home’s number two 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: Often called “COD Fuel” or “Cash Heating Oil” companies, discount oil companies are for households who are budget-conscious. With discount oil companies, in exchange for lower prices, you monitor the heating oil level in your tank, and you place an oil order when you're running low. Some of the 2 Richmond cash heating oil companies serving Richmond include Southside Fuel and J M Pollard.
Richmond Oil Company Statistics: 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 number two heating oil usage changes each year as winter conditions change. As the temperature outside gets more chilly, homes’ furnaces need to burn more and more 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 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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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
Families have a variety of fuels to choose from 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 households 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 (No. 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
Fuel oil has become less frequently used in Richmond. In the 2 years since 2023, the number of households using oil decreased from 7,062 to 6,588, a 7% drop.
Propane vs. Natural Gas use for home heating in Richmond
Between 2023 and today, the number of households using propane as the primary space heating fuel grew from 2,163 to 2,411, a 11% change. Comparing 2023 and today, the number of homes using natural gas as the primary space heating fuel jumped from 51,091 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 2023, the number of homes heating with electricity grew from 108,478 to 111,699, a 3% 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. Currently, 176 homes in Richmond are heated with active solar arrays. This is a 13% gain from 2023, when 156 homes utilized active solar heating.
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Richmond, VA Heating Oil Delivery Map

Richmond Heating Oil Delivery Overview
6,588 houses 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 residences are reliant 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 Number Two Heating Oil Companies You Can Trust
With 3,294,000 gallons of heating oil delivered to Richmond homes last winter, the Richmond community relies on 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 number two heating oil to residences and companies throughout Richmond and the surrounding region.