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Photo of West Hamlet Road in Newcastle, Maine

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Oil Prices in Newcastle, ME

Updated on April 18, 2025 at 05:00 PM

Heating Oil Company	Oil Price Per Gallon	Cash Discount	Volume Discount
Kaler Oil Co Inc	$3.10	Yes	Yes
O'Farrell Energy	$2.91	Yes	Yes
CB Haskell Fuel Company Inc	$3.05	Yes	Yes
Colby & Gale	Call for price	No	No
M W Sewall	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

Quantity	Price	Updated At
100 gallonsgals	$2.91 per gallon/gal	Apr 18, 2025, 5:00 PM
150 gallonsgals	$2.91 per gallon/gal	Apr 18, 2025, 5:00 PM
200 gallonsgals	$2.91 per gallon/gal	Apr 18, 2025, 5:00 PM
250 gallonsgals	$2.91 per gallon/gal	Apr 18, 2025, 5:00 PM

Newcastle Heating Oil Price Trends

Updated on April 18, 2025 at 12:00 AM

Time Horizon	Price Change
1 Week Trend	-$0.050
1 Month Trend	-$0.227
1 Year Trend	-$0.190

Newcastle Heating Oil Price History

Updated on April 18, 2025 at 12:00 AM

Date	Price
04/18/2025	$3.019
04/17/2025	$3.019
04/16/2025	$3.069
04/15/2025	$3.069
04/14/2025	$3.069
04/13/2025	$3.069
04/12/2025	$3.069
04/11/2025	$3.069
04/10/2025	$3.069
04/09/2025	$3.069
04/08/2025	$3.069
04/07/2025	$3.069
04/06/2025	$3.119
04/05/2025	$3.119
04/04/2025	$3.119
04/03/2025	$3.119
04/02/2025	$3.152
04/01/2025	$3.152
03/31/2025	$3.186
03/30/2025	$3.186
03/29/2025	$3.186
03/28/2025	$3.186
03/27/2025	$3.186
03/26/2025	$3.186
03/25/2025	$3.186
03/24/2025	$3.186
03/23/2025	$3.229
03/22/2025	$3.229
03/21/2025	$3.229
03/20/2025	$3.229

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

Fuel	Newcastle Households	% of Households
Heating Oil	478	57.0%
Electricity	185	22.1%
Propane	121	14.4%
Wood	88	10.5%
Natural Gas	16	1.9%
Other Fuels	7	0.8%
Solar	5	0.6%
No Fuel	3	0.4%

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 4 years since 2018, the number of heating oil homes fell from 497 to 478, a 3.82% drop.

Newcastle Heating Oil Households (2011 - 2022)

Year	Heating Oil Households
2011	523
2012	530
2013	555
2014	587
2015	562
2016	558
2017	542
2018	497
2019	459
2020	446
2021	462
2022	478

Propane vs. Natural Gas use for home heating in Newcastle

Between 2018 and today, the number of homes using propane as the primary space heating fuel rose from 75 to 121.

Between 2018 and today, the number of homes using natural gas as the primary space heating fuel rose from 17 to 16.

Electricity use for home heating in Newcastle

Electric space heating systems are becoming more popular in Newcastle. Since 2018, the number of homes heating with electricity rose from 33 to 185, a 460.61% 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 2018, when only 4 homes had installed active solar heating.

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 167^th for home heating oil consumption.

Country-wide, Newcastle ranks 2020^th 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 Season	Average Temperature
2024 - 2025	31.8° F
2023 - 2024	32.4° F

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 Households	Newcastle, ME Heating Oil Households
838	478

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

What is the best price per gallon of home heating oil in Newcastle, ME?

The best price of home heating oil in Newcastle, ME today is $2.91 per gallon. The price of heating oil in Newcastle, ME ranges from a low of $2.91 to a high of $3.10. The average heating oil price in Maine state is $3.02.

How much does 100 gallons of heating oil cost in Newcastle, ME?

On average, 100 gallons of heating oil costs $302.00 in Newcastle, ME. Prices range from $290.90 to $310.00, depending on the oil company.

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 $0.17 per gallon.

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

The average price of home heating oil in Newcastle, ME is $3.02 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 $2.91 per gallon, which amounts to $290.90 for a 100-gallon order (excluding any applicable taxes).

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

The current price of heating oil in Newcastle, ME ranges from $2.91 to $3.10 per gallon, depending on the delivery address and the oil company. The average price is $3.02 per gallon.

How much is home heating oil right now in Newcastle, ME?

The current price of home heating oil in Newcastle, ME ranges from $2.91 to $3.10 per gallon for a 100-gallon order paid by credit card. Prices can vary based on location, and cash or volume discounts may be available.

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

Heating oil prices have gone down in Newcastle, ME by $0.17 per gallon over the past 7 days, which amounts to a $17.00 for a 100-gallon order.

How much is oil per gallon in Newcastle, ME?

As of today, April 18th, 2025, the average price of oil is $3.02 per gallon for a 100-gallon order paid by credit card. Prices can vary from $2.91 to $3.10 per gallon, depending on factors such as delivery address, oil company, order size, and payment method.

How much is oil for heat in Newcastle, ME?

Currently, the price of oil for heating in Newcastle, ME ranges from $2.91 to $3.10 per gallon for a 100-gallon delivery. Some oil companies offer various discounts, including cash discounts, volume discounts, military discounts, and senior discounts.

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 $2.58 per gallon more than the current average price of $3.02, and $2.69 per gallon more than the lowest price currently available, which is $2.91. 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.