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ME

$2.949 /gal Cheapest heating oil price in Newcastle

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Heat Fleet lists hundreds of local oil company deals, so you can get the best heating oil delivery prices in Newcastle

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Save Money iconSave 1% or moreHeat Fleet's Newcastle oil price is 5¢ less than the ME average
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100 gallons Heating Oil

$60.75

Today

$60.75

May 23

$60.75

Jun 6

$60.75

Jul 20

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Oil Companies

Oil Prices in Newcastle, ME

Updated Today at 12:00 PM

Heating Oil CompanyOil Price Per GallonCash DiscountVolume Discount
OFarrell Energy $3.06 Yes Yes
CB Haskell Fuel Company $2.95 Yes Yes
Colby and Gale Call for price No No
M W Sewall Call for price No No
Kaler Oil Company Call for price No No
Main Street Fuels Call for price No No
Boothbay Energy Call for price No No
Carters Propane Service Call for price No No

Newcastle Homeowner’s Guide to Selecting an Oil Company

For Newcastle homeowners heating with oil, selecting which of the 8 heating oil companies that serve Newcastle is an important decision.

Full Service Oil Companies: Homeowners willing to pay a premium for a “set-it-and-forget-it” heating system choose one of the 0 “full-service” oil companies that serve Newcastle. Full service companies such as undefined or undefined offer automatic fuel delivery and furnace repair under a single roof.

Discount Oil Companies: Also known by the names “COD Fuel Companies” or “Cash Heating Oil Companies”, these companies are for the budget-conscious Newcastle homeowner. In return for better prices, you monitor the oil level in your tank and place an order when you run low on oil. Examples of cash heating oil companies that serve Newcastle include Kaler Oil Co Inc and Boothbay Energy.

Newcastle Heating Oil Company Fast Facts

Heating Oil Companies Serving Newcastle: 8 companies

Average Distance From Oil Company to Newcastle: 18 miles

Average Number Of Newcastle Homes Served Per Company: 59 homes

Average Gallons Delivered per Newcastle Oil Company: 42,857 gallons per year

Newcastle, ME Heating Oil Trends

Last year, Newcastle homeowners purchased a total of 342,856 gallons of heating oil. Out of the 277 towns in Maine, Newcastle ranks 167th for home heating oil consumption.

Country-wide, Newcastle ranks 2020th out of 29,620 towns in America for heating oil consumption.

Short Term Trends

Newcastle’s overall heating oil use varies from year to year, primarily depending on how cold each winter is. As the temperature outside gets colder, homes’ heating systems need to burn more and more oil to keep homes warm. Last winter in Newcastle, the average outside temperature was 0.6° F colder than the prior winter's average outside temperature.

Newcastle Average Winter Temperature

Heating SeasonAverage Temperature
2024 - 202531.8° F
2023 - 202432.4° F
Oil Prices

Cheapest Newcastle, ME Oil Price Per Gallon

Grab the best oil prices for your family by searching by ZIP code on Heat Fleet.

QuantityPriceUpdated At
100 gallonsgals$2.95 per gallon/galJul 6, 2025, 12:00 PM
150 gallonsgals$2.95 per gallon/galJul 6, 2025, 12:00 PM
200 gallonsgals$2.95 per gallon/galJul 6, 2025, 12:00 PM
250 gallonsgals$2.95 per gallon/galJul 6, 2025, 12:00 PM

Newcastle Heating Oil Price History

Updated Today at 12:00 AM

DatePrice
07/06/2025 $3.004
07/05/2025 $3.004
07/04/2025 $3.004
07/03/2025 $3.004
07/02/2025 $3.004
07/01/2025 $3.004
06/30/2025 $3.004
06/29/2025 $3.109
06/28/2025 $3.109
06/27/2025 $3.109
06/26/2025 $3.109
06/25/2025 $3.109
06/24/2025 $3.109
06/23/2025 $3.109
06/22/2025 $2.904
06/21/2025 $2.904
06/20/2025 $2.904
06/19/2025 $2.904
06/18/2025 $2.904
06/17/2025 $2.904
06/16/2025 $2.904
06/15/2025 $2.804
06/14/2025 $2.804
06/13/2025 $2.804
06/12/2025 $2.709
06/11/2025 $2.709
06/10/2025 $2.709
06/09/2025 $2.709
06/08/2025 $2.709
06/07/2025 $2.709
Heating Oil

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

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

Homeowners have a variety of home heating fuels to choose from. Heating oil is the most popular choice in Newcastle, used by 478 or 57.04% of homes. The 2nd most popular choice for Newcastle homeowners is electricity, used by 185 homes (22.08%). The remaining homes are heated with propane (121), wood (88), natural gas (16), and other fuels (7).

Newcastle Primary Home Heating Fuel Popularity by Number of Households

FuelNewcastle Households % of Households
Heating Oil47857.0%
Electricity18522.1%
Propane12114.4%
Wood8810.5%
Natural Gas161.9%
Other Fuels70.8%
Solar50.6%
No Fuel30.4%

Heating oil (57.0%)

Electricity (22.1%)

Propane (14.4%)

Wood (10.5%)

Natural gas (1.9%)

Other fuels (0.8%)

Solar (0.6%)

No fuel (0.4%)

#2 Heating Oil (Fuel Oil) Use in Newcastle

Heating oil has become more popular in Newcastle. In the 2 years since 2020, the number of heating oil homes rose from 446 to 478, a 7.17% lift.

Newcastle Heating Oil Households (2011 - 2022)

YearHeating Oil Households
2011523
2012530
2013555
2014587
2015562
2016558
2017542
2018497
2019459
2020446
2021462
2022478

Propane vs. Natural Gas use for home heating in Newcastle

Between 2020 and today, the number of homes using propane as the primary space heating fuel rose from 82 to 121.

Between 2020 and today, the number of homes using natural gas as the primary space heating fuel rose from 22 to 16.

Electricity use for home heating in Newcastle

Electric space heating systems are becoming more popular in Newcastle. Since 2020, the number of homes heating with electricity rose from 32 to 185, a 478.13% increase.

Solar use for home heating in Newcastle

Solar is the most environmentally friendly of all space heating fuels. With an “active” solar heating system, liquid is circulated between solar panels on a home’s roof and a heat energy storage tank in the basement.

Currently, 5 homes in Newcastle are heated with active solar arrays. This is a 0.00% decrease from 2020, when only 5 homes had installed active solar heating.

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Newcastle, ME Heating Oil Delivery Map

Grab the best oil prices for your family by searching by ZIP code on Heat Fleet.

Map of the COD Fuel Oil delivery service area for Newcastle, ME

Newcastle, ME Heating Oil Delivery Overview

Approximately 478 households in Newcastle, ME heat their homes with fuel oil. This makes oil delivery essential, especially when Newcastle, ME temperatures drop as low as 42.5° F each winter.

57% of Newcastle, ME Households Rely On Heating Oil Delivery Each Winter

Newcastle, ME HouseholdsNewcastle, ME Heating Oil Households
838478

8 Newcastle, ME Oil Companies Go the Distance

With 342,856 gallons of heating oil delivered to Newcastle, ME homeowners during the winter of 2024, the Newcastle, ME community relies on its 8 oil companies to keep warm.

Oil delivery is a two step process: First, an oil truck picks up oil at the nearest bulk fuel terminal. In the case of Newcastle, ME, two of the closest terminals are Gulf in So. Portland, ME and Citgo in Portland, ME. Then, the truck delivers the #2 heating oil to homes and businesses in Newcastle, ME.

Newcastle Heating Oil Prices FAQs

Is the price of heating oil in Newcastle, ME rising or falling?

The price of heating oil in Newcastle, ME has been falling over the last 7 days, with a total decrease of $0.16 per gallon.

What is the price of home heating oil today in Newcastle, ME?

Today in Newcastle, ME, the price of home heating oil is $2.95 per gallon, which amounts to $294.90 for a 100-gallon order (excluding any applicable taxes).

Is heating oil going up or down in Newcastle, ME?

Heating oil prices have gone down in Newcastle, ME by $0.16 per gallon over the past 7 days, which amounts to a $16.00 for a 100-gallon order.

How high will oil go in Newcastle, ME?

There’s no limit to how high oil prices can go in Newcastle, ME. Over the past year, Newcastle, ME heating oil prices per gallon have risen as high as $5.60 for a 100-gallon order. This is $2.59 per gallon more than the current average price of $3.00, and $2.65 per gallon more than the lowest price currently available, which is $2.95. Home heating oil prices fluctuate daily based on several factors, including demand, local fuel inventories at terminals (such as CITGO), and the price of crude oil.

Heating Oil Prices Near You In These Adjacent Towns