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Today's best Peaks Island oil prices

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Oil Prices in Peaks Island, ME

Updated on April 18, 2025 at 05:00 PM

Heating Oil Company	Oil Price Per Gallon	Cash Discount	Volume Discount
Peaks Island Fuel Company	Call for price	No	No
Fieldings Oil Co Inc	$3.10	Yes	Yes
Rinaldi Energy Llc	$3.05	Yes	Yes
AJ's Discount Oil Company	$2.79	Yes	Yes
Atlantic Heating Co	$3.10	Yes	Yes
Lowest Price Oil	$2.75	Yes	Yes
Nice Fuel	$2.84	Yes	Yes
Higgins Energy	$2.90	Yes	Yes
Sea Land Energy	$3.10	Yes	Yes
Order Oil Online	$2.69	Yes	Yes
Lampron Energy	$2.80	Yes	Yes
Cash Energy	$2.94	Yes	Yes
Aj's Discount Oil	$2.79	Yes	Yes
Maine Bio Fuel Inc	Call for price	No	No
5 Star Fuel Llc	Call for price	No	No
Vic and Sons Fuel Co	Call for price	No	No
DownEast Energy	Call for price	No	No
Paul's Services Inc	Call for price	No	No
Conroy's Oil Service	Call for price	No	No
Dixon Brothers	Call for price	No	No
Dodge Energy	Call for price	No	No
Suburban Propane	Call for price	No	No
Smith Oil	Call for price	No	No
Maine Heating and Cooling	Call for price	No	No
Maine Standard Biofuels	Call for price	No	No

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We promote residential heating oil savings in Peaks Island by providing real-time Peaks Island heating oil prices and state-of-the-art secure online ordering.

Peaks Island, ME Cash heating Oil delivery map

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

Quantity	Price	Updated At
100 gallonsgals	$2.69 per gallon/gal	Apr 18, 2025, 5:00 PM
150 gallonsgals	$2.69 per gallon/gal	Apr 18, 2025, 5:00 PM
200 gallonsgals	$2.69 per gallon/gal	Apr 18, 2025, 5:00 PM
250 gallonsgals	$2.69 per gallon/gal	Apr 18, 2025, 5:00 PM

Peaks Island Heating Oil Price Trends

Updated on April 18, 2025 at 12:00 AM

Time Horizon	Price Change
1 Week Trend	-$0.087
1 Month Trend	-$0.199
1 Year Trend	-$0.446

Peaks Island Heating Oil Price History

Updated on April 18, 2025 at 12:00 AM

Date	Price
04/18/2025	$2.904
04/17/2025	$2.904
04/16/2025	$2.990
04/15/2025	$2.990
04/14/2025	$2.990
04/13/2025	$2.990
04/12/2025	$2.990
04/11/2025	$2.990
04/10/2025	$2.990
04/09/2025	$2.990
04/08/2025	$2.990
04/07/2025	$2.990
04/06/2025	$3.007
04/05/2025	$3.007
04/04/2025	$3.007
04/03/2025	$3.015
04/02/2025	$3.031
04/01/2025	$3.043
03/31/2025	$3.043
03/30/2025	$3.043
03/29/2025	$3.043
03/28/2025	$3.043
03/27/2025	$3.046
03/26/2025	$3.046
03/25/2025	$3.046
03/24/2025	$3.070
03/23/2025	$3.077
03/22/2025	$3.077
03/21/2025	$3.077
03/20/2025	$3.077

Propane vs. Natural Gas vs. Heating Oil: Peaks Island Home Heating Fuel Comparison

Homeowners have a variety of home heating fuels to choose from. Heating oil is the most popular choice in Peaks Island, used by 173 or 37.37% of homes. The 2nd most popular choice for Peaks Island homeowners is electricity, used by 160 homes (34.56%). The remaining homes are heated with propane (103), wood (48), other fuels (24), and other fuels (24).

Peaks Island Primary Home Heating Fuel Popularity by Number of Households

Fuel	Peaks Island Households	% of Households
Heating Oil	173	37.4%
Electricity	160	34.6%
Propane	103	22.3%
Wood	48	10.4%
Other Fuels	24	5.2%
Natural Gas	5	1.1%

Heating oil (37.4%)

Electricity (34.6%)

Propane (22.3%)

Wood (10.4%)

Other fuels (5.2%)

Natural gas (1.1%)

#2 Heating Oil (Fuel Oil) Use in Peaks Island

Heating oil has become less popular in Peaks Island. In the 10 years since 2012, the number of heating oil homes fell from 345 to 173, a 49.86% drop.

Peaks Island Heating Oil Households (2011 - 2022)

Year	Heating Oil Households
2011	286
2012	345
2013	319
2014	315
2015	306
2016	319
2017	265
2018	232
2019	218
2020	201
2021	187
2022	173

Propane vs. Natural Gas use for home heating in Peaks Island

Between 2012 and today, the number of homes using propane as the primary space heating fuel rose from 13 to 103.

Between 2012 and today, the number of homes using natural gas as the primary space heating fuel rose from 0 to 5.

Electricity use for home heating in Peaks Island

Electric space heating systems are becoming more popular in Peaks Island. Since 2012, the number of homes heating with electricity rose from 77 to 160, a 107.79% increase.

Solar use for home heating in Peaks Island

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.

Homeowners in Peaks Island have not yet adopted solar heating.

Peaks Island, ME Heating Oil Trends

Last year, Peaks Island homeowners purchased a total of 124,088 gallons of heating oil. Out of the 277 towns in Maine, Peaks Island ranks 304^th for home heating oil consumption.

Country-wide, Peaks Island ranks 3582^nd out of 29,620 towns in America for heating oil consumption.

Short Term Trends

Peaks Island’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 Peaks Island, the average outside temperature was 1.9° F colder than the prior winter's average outside temperature.

Peaks Island Average Winter Temperature

Heating Season	Average Temperature
2024 - 2025	33.4° F
2023 - 2024	35.3° F

Peaks Island Homeowner’s Guide to Selecting an Oil Company

For Peaks Island homeowners heating with oil, selecting which of the 25 heating oil companies that serve Peaks Island 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 5 “full-service” oil companies that serve Peaks Island. Full service companies such as Cash Energy or Vic and Sons Fuel Co 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 Peaks Island 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 Peaks Island include Lampron Energy and AJ's Discount Oil Company.

Peaks Island Heating Oil Company Fast Facts

Heating Oil Companies Serving Peaks Island: 25 companies

Average Distance From Oil Company to Peaks Island: 18 miles

Average Number Of Peaks Island Homes Served Per Company: 6 homes

Average Gallons Delivered per Peaks Island Oil Company: 4,963 gallons per year

Peaks Island, ME Heating Oil Delivery Overview

Approximately 173 households in Peaks Island, ME heat their homes with fuel oil. This makes oil delivery essential, especially when Peaks Island, ME temperatures drop as low as 42.5° F each winter.

37% of Peaks Island, ME Households Rely On Heating Oil Delivery Each Winter

Peaks Island, ME Households	Peaks Island, ME Heating Oil Households
463	173

25 Peaks Island, ME Oil Companies Go the Distance

With 124,088 gallons of heating oil delivered to Peaks Island, ME homeowners during the winter of 2024, the Peaks Island, ME community relies on its 25 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 Peaks Island, 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 Peaks Island, ME.

Peaks Island Heating Oil Prices FAQs

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

The best price of home heating oil in Peaks Island, ME today is $2.69 per gallon. The price of heating oil in Peaks Island, ME ranges from a low of $2.69 to a high of $3.10. The average heating oil price in Maine state is $2.90.

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

On average, 100 gallons of heating oil costs $290.00 in Peaks Island, ME. Prices range from $269.00 to $310.00, depending on the oil company.

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

The price of heating oil in Peaks Island, ME has been falling over the last 7 days, with a total decrease of $0.31 per gallon.

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

The average price of home heating oil in Peaks Island, ME is $2.90 per gallon.

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

Today in Peaks Island, ME, the price of home heating oil is $2.69 per gallon, which amounts to $269.00 for a 100-gallon order (excluding any applicable taxes).

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

The current price of heating oil in Peaks Island, ME ranges from $2.69 to $3.10 per gallon, depending on the delivery address and the oil company. The average price is $2.90 per gallon.

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

The current price of home heating oil in Peaks Island, ME ranges from $2.69 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 Peaks Island, ME?

Heating oil prices have gone down in Peaks Island, ME by $0.31 per gallon over the past 7 days, which amounts to a $31.00 for a 100-gallon order.

How much is oil per gallon in Peaks Island, ME?

As of today, April 18th, 2025, the average price of oil is $2.90 per gallon for a 100-gallon order paid by credit card. Prices can vary from $2.69 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 Peaks Island, ME?

Currently, the price of oil for heating in Peaks Island, ME ranges from $2.69 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 Peaks Island, ME?

There’s no limit to how high oil prices can go in Peaks Island, ME. Over the past year, Peaks Island, ME heating oil prices per gallon have risen as high as $5.42 for a 100-gallon order. This is $2.52 per gallon more than the current average price of $2.90, and $2.73 per gallon more than the lowest price currently available, which is $2.69. 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.