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Oil Prices in Newcastle, ME

Updated on February 21, 2025 at 09:57 PM

Heating Oil CompanyOil Price Per GallonCash DiscountVolume Discount
O'Farrell Energy $3.26 Yes Yes
Colby & Gale Call for price No No
M W Sewall Call for price No No
Kaler Oil Co Inc Call for price No No
CB Haskell Fuel Company Inc Call for price No No
Main Street Fuels Call for price No No
Boothbay Energy Call for price No No
Carter's Propane Service Call for price No No

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Newcastle, ME Cash heating Oil delivery map

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

Cheapest Newcastle, ME Oil Prices Per Gallon

QuantityPriceUpdated At
100 gallonsgals$3.26 per gallon/galFeb 21, 2025, 9:56 PM
150 gallonsgals$3.26 per gallon/galFeb 21, 2025, 9:56 PM
200 gallonsgals$3.26 per gallon/galFeb 21, 2025, 9:56 PM
250 gallonsgals$3.26 per gallon/galFeb 21, 2025, 9:56 PM

Newcastle Heating Oil Price History

Updated on February 21, 2025 at 12:00 AM

DatePrice
02/21/2025$3.259
02/20/2025$3.259
02/19/2025$3.259
02/18/2025$3.259
02/17/2025$3.379
02/13/2025$3.379
02/10/2025$3.499
02/09/2025$3.379
02/08/2025$3.379
02/07/2025$3.379
02/06/2025$3.379
02/05/2025$3.379
02/04/2025$3.354
02/03/2025$3.354
02/02/2025$3.354
02/01/2025$3.354
01/31/2025$3.354
01/30/2025$3.354
01/29/2025$3.354
01/28/2025$3.354
01/27/2025$3.354
01/22/2025$3.354
01/21/2025$3.354
01/20/2025$3.354
01/19/2025$3.279
01/18/2025$3.279
01/17/2025$3.279
01/16/2025$3.279
01/15/2025$3.279
01/14/2025$3.399

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 less popular in Newcastle. In the 5 years since 2017, the number of heating oil homes fell from 542 to 478, a 11.81% drop.

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 2017 and today, the number of homes using propane as the primary space heating fuel rose from 59 to 121.

Between 2017 and today, the number of homes using natural gas as the primary space heating fuel rose from 13 to 16.

Electricity use for home heating in Newcastle

Electric space heating systems are becoming more popular in Newcastle. Since 2017, the number of homes heating with electricity rose from 28 to 185, a 560.71% 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 25.00% increase from 2017, when only 4 homes had installed active solar heating.

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 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 $3.26 per gallon, which amounts to $325.90 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 $2.34 per gallon more than the current average price of $3.26, and $2.34 per gallon more than the lowest price currently available, which is $3.26. 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