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Cheapest heating oil price in Toledo

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150 gallons Heating Oil

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$60.75

Today

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$60.75

Jul 8

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$60.75

Jul 22

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$60.75

Aug 5

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Oil Prices For Heating Oil Companies In Toledo, OH

Heating Oil CompanyOil Price Per Gallon
Lyden Oil Company Call for price
Reliance Energy Call for price

Toledo Homeowner’s Guide to Selecting an Oil Company

For Toledo households heating with number two heating oil, selecting which of the 2 heating oil companies that serve Toledo can drastically impact the cost of home heating.

Full Service Oil Companies: Homeowners who value a “set-it-and-forget-it” heating system pick one of the 0 “full-service” oil companies that serve Toledo. Full service companies such as or offer homeowners annual contracts which consist of a combined package of both automatic fuel oil delivery and furnace repair. With an automatic heating oil delivery contract, the company tracks your home’s fuel oil consumption and makes deliveries when your tank is running low. The household does not need to monitor the level of the oil tank or place individual orders.

Discount Oil Companies: Also known by the names “COD Fuel” or “Cash Heating Oil” companies, discount oil companies are for homeowners who are looking to save money. With discount oil companies, in exchange for lower prices, you monitor the fuel oil level in your tank, and you place an oil order when the oil gauge dips below a quarter tank. Examples of 2 Toledo cash heating oil companies serving Toledo include Lyden Oil Company and RELIANCE ENERGY.

Toledo Heating Oil Company Fast Facts: Number two heating oil Companies Serving Toledo: 2 companies .
Average Number of Toledo Houses Served per Number Two Heating Oil company : 110

Toledo, OH Heating Oil Trends

Last year, Toledo homeowners purchased a total of 215,334 gallons of heating oil. Out of the 101 towns in Ohio, Toledo ranks 69th for home heating oil consumption.

Country-wide, Toledo ranks 2679th out of 29,620 towns in America for heating oil consumption.

Short Term Trends

Toledo’s overall fuel oil consumption fluctuates yearly based on the severity of the winter. As the temperature outside gets more chilly, homes’ HVAC systems need to burn additional fuel oil to maintain a constant interior temperature. Last winter, the average outside temperature in Toledo was 29.0°F, which was 6°F colder than the prior winter's average outside temperature.

Toledo Average Winter Temperature

Heating SeasonAverage Temperature
2024 - 202529° F
2023 - 202435° F

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Oil Prices

Average Toledo Heating Oil Price Trends

Updated on March 30, 2026

Time HorizonPrice Change
1 Week Trend-$0.080
1 Month Trend+$0.743
3 Month Trend+$1.358
1 Year Trend+$1.204

Average Toledo Heating Oil Price History

Updated on March 30, 2026

DatePrice
03/30/2026 $4.726
03/23/2026 $4.806
03/16/2026 $4.636
03/09/2026 $4.469
03/02/2026 $3.983
02/23/2026 $4.006
02/16/2026 $3.759
02/09/2026 $3.490
02/02/2026 $3.600
01/26/2026 $3.550
01/19/2026 $3.394
01/12/2026 $3.346
01/05/2026 $3.368
12/29/2025 $3.366
12/22/2025 $3.352
12/15/2025 $3.413
12/08/2025 $3.444
12/01/2025 $3.586
11/24/2025 $3.673
11/17/2025 $3.813
11/10/2025 $3.762
11/03/2025 $3.662
10/27/2025 $3.598
10/20/2025 $3.454
10/13/2025 $3.407
10/06/2025 $3.522
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20 Seconds Can Save Toledo Families $1,000+ On Oil Bills Every Year

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

Families have a variety of fuels that can be used when it comes to heating. Natural Gas is the most common choice in Toledo, used by 97,487 or 74% of families. The next most popular primary heating fuel for Toledo families is Electricity, used by 31,171 homes (24%). The other homes are heated with Propane (2%), Other (1%), Wood (0.2%), and Heating Oil (0.2%).

Toledo Residential Primary Home Heating Fuel (in Number of Households)

YearNatural GasPropaneElectricityOilWoodSolarOther
202597,4872,17731,17122024139351
202497,5002,06830,09024224021348
202398,1391,94029,2942652370345
202298,2461,79828,4142462680329
202197,2421,75327,8622853014348
202099,4761,46728,30219238935354
201999,6411,47927,15822040923410
2018100,6771,35725,86622135014455
2017101,5921,30725,4243123735435
2016102,1961,24025,1473413930322
2015102,6551,07024,0184033479286
2014104,0981,04522,9354592889253
2013104,5621,14722,66838730714276
2012105,3151,11622,58131626611302
2011106,7231,20921,4874413105236

Heating Oil (Fuel Oil) Use in Toledo

Heating oil has become less popular in Toledo. In the 10 years since 2015, the number of families using oil dropped from 403 to 220, a 45% drop.

Propane vs. Natural Gas use for home heating in Toledo

Between 2015 and today, the number of homes using propane as the primary space heating fuel increased from 1,070 to 2,177, a 103% change. Comparing 2015 and today, the number of homes using natural gas as the primary space heating fuel declined from 102,655 to 97,487, a 5% change.

Electricity use for home heating in Toledo

Electric heat pump systems for home heating are more popular in Toledo. Since 2015, the number of homes heating with electricity shot up from 24,018 to 31,171, a 30% change.

Adoption of solar home heating systems in Toledo

Out of all fuels, solar is the safest for the environment. With an “active” solar heating system, liquid is circulated between solar panels on a home’s roof and a heat energy storage tank (similar to a hot water heater) in the basement. As it stands today, 39 homes in Toledo are heated with active solar arrays. This is a 333% gain from 2015, when 9 homes utilized active solar heating.

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Toledo, OH Heating Oil Delivery Map

Map of the COD Fuel Oil delivery service area for Toledo, OH

Toledo Heating Oil Delivery Overview

220 homes in Toledo heat their homes with heating oil. This makes oil delivery essential, especially when Toledo temperatures drop as low as 24.5° F each winter. 0.2% of Toledo households are reliant on oil delivery each winter.

0.2% of Toledo, OH Households Rely On Heating Oil Delivery Each Winter

Toledo, OH HouseholdsToledo, OH Heating Oil Households
132,364220

2 Toledo Heating Oil Companies Homeowners Can Count On

With 110,000 gallons of fuel oil delivered to Toledo households last winter, the Toledo community relies on its 2 oil companies to keep warm throughout the winter. Oil delivery has two parts to it: First, an oil truck picks up oil at the nearest bulk fuel terminal (also known as a “rack”). In the case of Toledo, two of the closest terminals are Citgo in Linden, NJ and Citgo in Linden, NJ. Then, the truck delivers the fuel oil to homes and businesses throughout Toledo and the surrounding area.

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