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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

Mar 29

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$60.75

Apr 12

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$60.75

Apr 26

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Oil Prices For Heating Oil Companies In Toledo, OH

Updated Today at 12:06 PM

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

Toledo Homeowner’s Guide to Selecting an Oil Company

For Toledo homes heating with oil, picking which of the 2 heating oil companies that serve Toledo is an important decision.

Full Service Oil Companies: Homeowners who are willing to pay a premium for 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 oil delivery and furnace repair. With an automatic fuel oil delivery contract, the company tracks your home’s oil consumption and makes deliveries when your tank is running low. The client 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 on a budget. With discount oil companies, in return for better prices, you monitor the oil level in your tank, and you place an oil order either when the level runs low or just before a major snowstorm. A few of the 2 Toledo cash heating oil companies serving Toledo include Lyden Oil Company and RELIANCE ENERGY.

Toledo Heating Oil Company By The Numbers: 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 oil usage fluctuates each year depending on winter temperatures. As the temperature outside drops, homes’ boilers need to burn additional number two heating oil to maintain the temperature that the thermostat is set to. 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 9, 2026

Time HorizonPrice Change
1 Week Trend+$0.486
1 Month Trend+$0.979
3 Month Trend+$1.025
1 Year Trend+$1.088

Average Toledo Heating Oil Price History

Updated on March 9, 2026

DatePrice
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
05/12/2025 $3.415
04/14/2025 $3.446
03/31/2025 $3.465
03/24/2025 $3.361
03/17/2025 $3.381
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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

Residences have a variety of fuels to choose from when it comes to heating. Natural Gas is the most popular choice in Toledo, used by 97,487 or 74% of residents. The next most popular primary heating fuel for Toledo residents is Electricity, used by 31,171 homes (24%). The remaining 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

Oil has become decreasing in demand in Toledo. In the 10 years since 2015, the number of residents using number two heating oil dipped 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 rose 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 decreased from 102,655 to 97,487, a 5% change.

Electricity use for home heating in Toledo

Electric heat pump systems for home heating are increasing in demand 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. 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 houses in Toledo heat their homes with number two heating oil. This makes oil delivery essential, especially when Toledo temperatures drop as low as 24.5° F each winter. 0% of Toledo households are reliant on heating oil delivery each winter.

0% 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 Go The Distance

With 63,347,966.682 gallons of heating oil delivered to Toledo houses during this past winter, the Toledo community looks to its 2 oil companies to keep their oil tanks full. 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 residences and companies throughout Toledo and the surrounding vicinity.

Heating Oil Prices Near You In These Adjacent Towns