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Cheapest heating oil price in Toledo
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Oil Prices For Heating Oil Companies In Toledo, OH
Updated Today at 12:06 PM
| Heating Oil Company | Oil 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 Season | Average Temperature |
|---|---|
| 2024 - 2025 | 29° F |
| 2023 - 2024 | 35° F |
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Average Toledo Heating Oil Price Trends
Updated on March 9, 2026
| Time Horizon | Price 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
| Date | Price |
|---|---|
| 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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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)
| 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
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

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 Households | Toledo, OH Heating Oil Households |
|---|---|
| 132,364 | 220 |
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.