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Cheapest heating oil price in Toledo
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Oil Prices For Heating Oil Companies In Toledo, OH
| Heating Oil Company | Oil 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 homes heating with oil, picking which of the 2 heating oil companies that serve Toledo makes a big difference.
Full Service Oil Companies: Homeowners who want a “set-it-and-forget-it” heating system choose 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 heating oil delivery and boiler repair. With an automatic heating oil delivery contract, the company tracks your home’s heating 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: also referred to as “COD Fuel” or “Cash Heating Oil” companies, discount oil companies are for clients who are budget-conscious. With discount oil companies, in return for better prices, you monitor the number two heating oil level in your tank, and you place an oil order when you're running low. A few of the 2 Toledo cash heating oil companies serving Toledo include Lyden Oil Company and RELIANCE ENERGY.
Toledo Number Two Heating Oil Company By The Numbers: Heating oil Companies Serving Toledo: 2 companies .
Average Number of Toledo Houses Served per 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 use varies each year primarily depending on how cold each winter is. As the temperature outside drops, homes’ boilers need to burn more and more 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 Season | Average Temperature |
|---|---|
| 2024 - 2025 | 29° F |
| 2023 - 2024 | 35° F |
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Average Toledo Heating Oil Price Trends
Updated on March 30, 2026
| Time Horizon | Price Change |
|---|---|
| 1 Week Trend | -$0.080 |
| 1 Month Trend | +$0.743 |
| 3 Month Trend | +$1.358 |
| 1 Year Trend | +$1.311 |
Average Toledo Heating Oil Price History
Updated on March 30, 2026
| Date | Price |
|---|---|
| 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 |
| 05/12/2025 | $3.415 |
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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
Homeowners have a choice of fuels to choose from 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)
| Year | Natural Gas | Propane | Electricity | Oil | Wood | Solar | Other |
|---|---|---|---|---|---|---|---|
| 2025 | 97,487 | 2,177 | 31,171 | 220 | 241 | 39 | 351 |
| 2024 | 97,500 | 2,068 | 30,090 | 242 | 240 | 21 | 348 |
| 2023 | 98,139 | 1,940 | 29,294 | 265 | 237 | 0 | 345 |
| 2022 | 98,246 | 1,798 | 28,414 | 246 | 268 | 0 | 329 |
| 2021 | 97,242 | 1,753 | 27,862 | 285 | 301 | 4 | 348 |
| 2020 | 99,476 | 1,467 | 28,302 | 192 | 389 | 35 | 354 |
| 2019 | 99,641 | 1,479 | 27,158 | 220 | 409 | 23 | 410 |
| 2018 | 100,677 | 1,357 | 25,866 | 221 | 350 | 14 | 455 |
| 2017 | 101,592 | 1,307 | 25,424 | 312 | 373 | 5 | 435 |
| 2016 | 102,196 | 1,240 | 25,147 | 341 | 393 | 0 | 322 |
| 2015 | 102,655 | 1,070 | 24,018 | 403 | 347 | 9 | 286 |
| 2014 | 104,098 | 1,045 | 22,935 | 459 | 288 | 9 | 253 |
| 2013 | 104,562 | 1,147 | 22,668 | 387 | 307 | 14 | 276 |
| 2012 | 105,315 | 1,116 | 22,581 | 316 | 266 | 11 | 302 |
| 2011 | 106,723 | 1,209 | 21,487 | 441 | 310 | 5 | 236 |
Heating Oil (Fuel Oil) Use in Toledo
Fuel oil has become decreasing in demand in Toledo. In the 13 years since 2012, the number of households using fuel oil declined from 316 to 220, a 30% drop.
Propane vs. Natural Gas use for home heating in Toledo
Between 2012 and today, the number of houses using propane as the primary space heating fuel jumped from 1,116 to 2,177, a 95% change. Comparing 2012 and today, the number of homes using natural gas as the primary space heating fuel dipped from 105,315 to 97,487, a 7% change.
Electricity use for home heating in Toledo
Electric heat pump systems for home heating are more prevalent in Toledo. Since 2012, the number of homes heating with electricity jumped from 22,581 to 31,171, a 38% 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 flows between solar panels on a home’s roof and a heat energy storage tank (similar to a hot water heater) in the basement. Currently, 39 homes in Toledo are heated with active solar arrays. This is a 255% gain from 2012, when 11 homes utilized active solar heating.
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Toledo, OH Heating Oil Delivery Map

Toledo Heating Oil Delivery Overview
220 houses in Toledo heat their homes with fuel oil. This makes oil delivery essential, especially when Toledo temperatures drop as low as 24.5° F each winter. 0.2% of Toledo homes are reliant on oil delivery each winter.
0.2% of Toledo, OH Households Rely On Heating Oil Delivery Each Winter
| Toledo, OH Households | Toledo, OH Heating Oil Households |
|---|---|
| 132,364 | 220 |
2 Toledo Oil Companies Go The Distance
With 110,000 gallons of fuel oil delivered to Toledo homes last winter, the Toledo community looks to its 2 oil companies to keep their oil tanks full. Oil delivery is a two step process: 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 number two heating oil to residences and companies throughout Toledo and the surrounding area.