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$2.95 Cheapest heating oil price in Peaks Island

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150 gallons Heating Oil

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$60.75

Today

2-installment icon

$60.75

May 23

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$60.75

Jun 6

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$60.75

Jul 20

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Oil Companies

Oil Prices For Heating Oil Companies In Peaks Island, ME

Updated on November 18, 2025 at 04:30 PM

Heating Oil CompanyOil Price Per Gallon
5 Star Fuel LLC Call for price
Ajs Discount Oil $2.99
AJs Discount Oil Company $2.99
Atlantic Heating Company $3.20
Cash Energy $3.09
Conroys Oil Service Call for price
Dixon Brothers Call for price
Dodge Energy Call for price
DownEast Energy Call for price
Fieldings Oil Company Call for price
Higgins Energy $3.10
Lampron Energy $2.95
Lowest Price Oil $2.99
Maine Bio Fuel $3.19
Maine Heating and Cooling Call for price
Maine Standard Biofuels $3.19
Nice Fuel $2.99
Order Oil Online $2.99
Pauls Services Inc Call for price
Peaks Island Fuel Company Call for price
Rinaldi Energy $3.18
Sea Land Energy $3.30
Smith Oil Call for price
Suburban Propane Call for price

Peaks Island Homeowner’s Guide to Selecting an Oil Company

For Peaks Island families heating with number two heating oil, picking which of the 25 heating oil companies that serve Peaks Island makes a big difference.

Full Service Oil Companies: Homeowners who prefer a “set-it-and-forget-it” heating system select 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 homeowners annual contracts which consist of a combined package of both automatic oil delivery and boiler repair. With an automatic fuel oil delivery contract, the company tracks your home’s fuel 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: Often called “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 the oil gauge dips below a quarter tank. A few of the 2 Peaks Island cash heating oil companies serving Peaks Island include Lampron Energy Inc and AJ's Discount Oil Company. Peaks Island Heating Oil Company Statistics Heating oil Companies Serving Peaks Island: 25 companies . Average No of Peaks Island Homes served for Heating Oil : 173

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 304th for home heating oil consumption.

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

Overview

Peaks Island Number Two Heating Oil Trends In 2024, Peaks Island families consumed a total of 247 million gallons of oil. Short Term Trends Peaks Island’s overall oil usage varies ,yearly every year, primarily depending on how cold each winter is. As the temperature outside drops, homes’ boilers need to burn additional heating oil to maintain the temperature that the thermostat is set to. Last winter, the average outside temperature in Peaks Island was 30°F, which was 2 °F colder than the prior winter's average outside temperature.

Peaks Island Average Winter Temperature

Heating SeasonAverage Temperature
2024 - 202540.3° F
2023 - 202439.6° F

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Oil Prices

Cheapest Peaks Island Heating Oil Price by Order Quantity

QuantityPriceUpdated At
100 gallonsgals$2.95 per gallon/galNov 18, 2025, 4:30 PM
150 gallonsgals$2.95 per gallon/galNov 18, 2025, 4:30 PM
200 gallonsgals$2.95 per gallon/galNov 18, 2025, 4:30 PM
250 gallonsgals$2.95 per gallon/galNov 18, 2025, 4:30 PM

Peaks Island Heating Oil Price Trends

Updated on November 14, 2025 at 04:00 AM

Time HorizonPrice Change
1 Day Trend +$0.046
1 Week Trend +$0.073
1 Month Trend +$0.240
1 Year Trend +$0.147

Peaks Island Heating Oil Price History

Updated on November 14, 2025 at 04:00 AM

DatePrice
11/14/2025 $3.089
11/13/2025 $3.089
11/12/2025 $3.089
11/11/2025 $3.069
11/10/2025 $3.041
11/09/2025 $3.029
11/08/2025 $3.029
11/07/2025 $3.029
11/06/2025 $3.029
11/05/2025 $2.970
11/04/2025 $2.970
11/03/2025 $2.952
11/02/2025 $2.973
11/01/2025 $2.974
10/31/2025 $2.970
10/30/2025 $2.970
10/29/2025 $2.970
10/28/2025 $2.949
10/27/2025 $2.940
10/26/2025 $2.934
10/25/2025 $2.934
10/24/2025 $2.934
10/23/2025 $2.910
10/22/2025 $2.903
10/21/2025 $2.902
10/20/2025 $2.902
10/19/2025 $2.902
10/18/2025 $2.902
10/17/2025 $2.902
10/16/2025 $2.902
Heating Oil

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

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

Residences have a variety of fuels to choose from when it comes to heating. Heating Oil is the preferred choice in Peaks Island, used by 1121373 or 50% of residents. The 2nd most popular primary heating fuel for Peaks Island residents is Natural Gas, used by 370440 homes (16%). The remaining homes are heated with Electricity (15%), Propane (11%), Wood (6%), and Solar (0.2%).

Peaks Island Residential Primary Home Heating Fuel (in Number of Households)

DateNatural GasPropaneElectricityOilWoodSolarOther
20256046685215967390132
202449623116815968650139
202337757146515969810144
2022431031135919318410255
2021481190109422345390306
202043114574223233920247
201915109760525223640246
2018095260827014220221
201706924082978554073
20160527336357158000
20150386353374358300
20140201478372657700
20130132620380453900
20120145783400546000
201101401073381641300
201001001350304842700

Heating Oil (Fuel Oil) Use in Peaks Island

Fuel oil has become more popular in Peaks Island. In the 1 years since 2024, the number of residents using oil dipped from 1275024 to 1121373, a 12% gain.

Number of Households Using Heating Oil in Peaks Island

DateHouseholds
2025-11-11133
2025-11-10133
2025-11-09133
2025-11-08133
2025-11-07133
2025-11-06133
2025-11-05133
2025-11-04133
2025-11-03133
2025-11-02133
2025-11-01133
2025-10-31133
2025-10-30133
2025-10-29133
2025-10-28133
2025-10-27133
2025-10-26133
2025-10-25133
2025-10-24133
2025-10-23133
2025-10-22133
2025-10-21133
2025-10-20133
2025-10-19133
2025-10-18133
2025-10-17133
2025-10-16133
2025-10-15133
2025-10-14133
2025-10-13133
2025-10-12133
2025-10-11133
2025-10-10133
2025-10-09133
2025-10-08133
2025-10-07133
2025-10-06133
2025-10-05133
2025-10-04133
2025-10-03133
2025-10-02133
2025-10-01133
2025-09-30133
2025-09-29133

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

Between 2024 and today, the number of homes using propane as the primary space heating fuel rose from 314677 to 248097, a 21% change. Comparing 2024 and today, the number of homes using natural gas as the primary space heating fuel rose from 370435 to 370440, a 0% change.

Electricity use for home heating in Peaks Island

Electric heat pump systems for home heating are becoming more popular in Peaks Island. Since 2024, the number of homes heating with electricity shot up from 326323 to 337788, a 4% change.

Adoption of solar home heating systems in Peaks Island

Out of all fuels, solar is the safest for the environment. 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. Now, 4208 homes in Peaks Island are heated with active solar arrays. This is a 41% increase from 2024, when 7127 homes used active solar heating.

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Oil Delivery

Peaks Island, ME Heating Oil Delivery Map

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

Overview

Peaks Island Heating Oil Delivery Overview 1,121,373 households in Peaks Island heat their homes with heating oil. This makes oil delivery essential, especially when Peaks Island temperatures drop as low as 30° F each winter. 50% of Peaks Island houses are reliant on number two heating oil delivery each winter. 45 Peaks Island Number Two Heating Oil Companies Go The Distance With 560,686,500 gallons of fuel oil delivered to Peaks Island residences last winter, the Peaks Island community looks to its 45 oil companies to keep warm throughout the winter. Oil delivery can be summed up in two steps: First, an oil truck picks up oil at the nearest bulk fuel terminal (also known as a “rack”). In the case of Peaks Island, two of the closest terminals are Sprague in Newington, NH and Sprague in So. Portland, ME. Then, the truck delivers the number two heating oil to residences and companies throughout Peaks Island and the surrounding region.

37.37% of Peaks Island, ME Households Rely On Heating Oil Delivery Each Winter

Peaks Island, ME HouseholdsPeaks Island, ME Heating Oil Households
463173

25 Peaks Island, ME Oil Companies Go the Distance

With 124,088 gallons of heating oil delivered to Peaks Island homeowners during the winter of 2024, the Peaks Island 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, two of the closest terminals are Gulf in So. Portland, and Sprague in Newington, . Then, the truck delivers the #2 heating oil to homes and businesses in Peaks Island.

Peaks Island Heating Oil Prices FAQs

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

The best price of home heating oil in Peaks Island today is $2.95 per gallon. The price of heating oil in Peaks Island ranges from a low of $2.95 to a high of $3.30. The average heating oil price in Maine state is $3.14.

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

The price of heating oil in Peaks Island has risen by $0.073 over the last 7 days.

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

The average price of home heating oil in Peaks Island is $3.14 per gallon.

How much does 150 gallons of heating oil cost in Peaks Island?

150 gallons of heating oil costs $314.00 in Peaks Island.

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

Today in Peaks Island, the price of home heating oil is $2.95 per gallon, which amounts to $294.90 for a 150-gallon order (excluding any applicable taxes).

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

The current price of heating oil in Peaks Island ranges from $2.95 to $3.30 per gallon, depending on the delivery address and the oil company. The average price is $3.14 per gallon.

Why are heating oil prices rising today in Peaks Island?

Heating oil prices in Peaks Island rose $0.073 over the last week because home heating oil demand in So. Portland is rising, but fuel inventories in local heating oil terminals is falling. (Updated November 12th, 2025).

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

The current price of home heating oil in Peaks Island ranges from $2.95 to $3.30 per gallon for a 150-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?

Heating oil prices have gone up in Peaks Island by $0.07 per gallon over the past 1 days, which amounts to a $10.95 for a 150-gallon order.

How much is oil per gallon in Peaks Island?

As of today, November 19th, 2025, the price of oil is $2.95 per gallon for a 150-gallon order paid by credit card. Prices can vary from $2.95 to $3.30 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?

Currently, the price of oil for heating in Peaks Island ranges from $2.95 to $3.30 per gallon for a 150-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?

There’s no limit to how high oil prices can go in Peaks Island. Over the past year, Peaks Island heating oil prices per gallon have risen as high as $4.94 for a 150-gallon order. This is $1.80 per gallon more than of $3.14, and $2.00 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.