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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 residences heating with number two heating oil, choosing which of the 2 heating oil companies that serve Toledo can drastically impact the cost of home heating.
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 households annual contracts which consist of a combined package of both automatic fuel oil delivery and heating system repair. With an automatic number two heating 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: also referred to as “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 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 Statistics: 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 oil use varies each year as winter conditions change. As the temperature outside drops, homes’ heating systems need to burn additional 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
Families 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 residents. The 2nd most popular primary heating fuel for Toledo households 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
Heating oil has become less popular in Toledo. In the 3 years since 2022, the number of residents using fuel 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 houses using propane as the primary space heating fuel shot up 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 dipped from 98,246 to 97,487, a 1% change.
Electricity use for home heating in Toledo
Electric heat pump systems for home heating are more popular 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 residences 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 residences depend 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 Serving The Community
With 110,000 gallons of heating oil delivered to Toledo homes during this past winter, the Toledo community looks to its 2 oil companies to keep warm throughout the winter. 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 oil to residences and companies throughout Toledo and the surrounding region.
