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Oil Companies
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 families heating with fuel oil, selecting which of the 2 heating oil companies that serve Toledo makes a big difference.
Full Service Oil Companies: Homeowners who prefer 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 oil delivery contract, the company tracks your home’s number two heating oil consumption and makes deliveries when your tank is running low. The homeowner 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 homeowners who are budget-conscious. 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 you're running low. Examples of 2 Toledo cash heating oil companies serving Toledo include Lyden Oil Company and RELIANCE ENERGY.
Toledo Number Two Heating Oil Company By The Numbers: Fuel oil Companies Serving Toledo: 2 companies .
Average Number of Toledo Homes 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 usage fluctuates annually correlating with how cold it gets each winter. As the temperature outside gets colder, homes’ furnaces need to burn more and more heating oil to keep the house warm inside. 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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Oil Prices
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 | +$1.204 |
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 |
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Heating Oil
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 host 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 families. The 2nd most popular primary heating fuel for Toledo households is Electricity, used by 31,171 homes (24%). The rest of the homes are heated with Propane (2%), Other (1%), Wood (0.2%), and Heating Oil (0.2%).
Toledo Residential Primary Home Heating Fuel (No. 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
Heating oil has become less frequently used in Toledo. In the 3 years since 2022, the number of households using heating oil dipped from 246 to 220, a 11% drop.
Propane vs. Natural Gas use for home heating in Toledo
Between 2022 and today, the number of homes using propane as the primary space heating fuel jumped from 1,798 to 2,177, a 21% change. Comparing 2022 and today, the number of homes using natural gas as the primary space heating fuel dropped from 98,246 to 97,487, a 1% change.
Electricity use for home heating in Toledo
Electric heat pump systems for home heating are increasing in demand in Toledo. Since 2022, the number of homes heating with electricity ramped up from 28,414 to 31,171, a 10% change.
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Oil Delivery
Toledo, OH Heating Oil Delivery Map
Toledo Heating Oil Delivery Overview
220 households in Toledo heat their homes with 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 heating 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 Number Two Heating Oil Companies Go The Distance
With 110,000 gallons of number two heating oil delivered to Toledo residences the last heating season, the Toledo community depends on its 2 oil companies when temperatures dip. 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 homes and businesses throughout Toledo and the surrounding region.
