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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 oil, choosing which of the 5 heating oil companies that serve Richmond makes a big difference.
Full Service Oil Companies: Homeowners who can afford 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 fuel oil delivery contract, the company tracks your home’s oil consumption and makes deliveries when your tank is running low. The customer 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 families who are on a budget. With discount oil companies, in exchange for lower prices, you monitor the number two heating oil level in your tank, and you place an oil order when you're running low. A few of the 2 Richmond cash heating oil companies serving Richmond include Southside Fuel and J M Pollard.
Richmond Fuel Oil Company Fast Facts: Heating oil Companies Serving Richmond: 5 companies .
Average Number of Richmond Houses Served per 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 usage varies annually as winter conditions change. As the temperature outside gets more chilly, homes’ heating systems need to burn more and more 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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Propane vs. Natural Gas vs. Heating Oil: Richmond Home Heating Fuel Comparison
Homes have a choice 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 families. The next 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 (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
Fuel oil has become less popular in Richmond. In the 10 years since 2015, the number of families using fuel oil dropped from 11,977 to 6,588, a 45% drop.
Propane vs. Natural Gas use for home heating in Richmond
Between 2015 and today, the number of houses using propane as the primary space heating fuel shot up from 1,382 to 2,411, a 74% change. Comparing 2015 and today, the number of homes using natural gas as the primary space heating fuel fell from 53,049 to 51,579, a 3% change.
Electricity use for home heating in Richmond
Electric heat pump systems for home heating are increasing in demand in Richmond. Since 2015, the number of homes heating with electricity rose from 82,574 to 111,699, a 35% 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. Currently, 176 homes in Richmond are heated with active solar arrays. This is a 633% gain from 2015, when 24 homes incorporated 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 fuel oil. This makes oil delivery essential, especially when Richmond temperatures drop as low as 32.8° F each winter. 3.8% of Richmond families depend 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 Fuel Oil Companies Homeowners Can Count On
With 3,294,000 gallons of number two heating oil delivered to Richmond households during this past winter, the Richmond community looks to 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 fuel oil to residences and companies throughout Richmond and the surrounding region.