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Oil Companies
Oil Prices For Heating Oil Companies In Toledo, OH
Updated Today at 06:00 PM
| 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 fuel oil, selecting which of the 2 heating oil companies that serve Toledo plays a big role in determining how much money is spent on heating each winter.
Full Service Oil Companies: Homeowners who can afford a “set-it-and-forget-it” heating system select one of the 0 “full-service” oil companies that serve Toledo. Full service companies such as or offer clients annual contracts which consist of a combined package of both automatic fuel oil delivery and heating system repair. With an automatic heating oil delivery contract, the company tracks your home’s number two 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: Often called “COD Fuel” or “Cash Heating Oil” companies, discount oil companies are for homeowners who are looking to save money. With discount oil companies, in exchange for lower prices, you monitor the heating oil level in your tank, and you place an oil order either when the level runs low or just before a major snowstorm. Some of the 2 Toledo cash heating oil companies serving Toledo include Lyden Oil Company and RELIANCE ENERGY.
Toledo Heating Oil Company By The Numbers: Heating oil Companies Serving Toledo: 2 companies .
Average Number of Toledo Houses Served per Fuel 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 changes annually primarily depending on how cold each winter is. As the temperature outside dips, homes’ boilers need to burn increasing amounts of 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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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 | +$1.280 |
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 |
| 04/14/2025 | $3.446 |
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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
Households 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 homeowners. The 2nd most popular primary heating fuel for Toledo homeowners 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
Number two heating oil has become less popular in Toledo. In the 1 years since 2024, the number of households using heating oil dropped from 242 to 220, a 9% drop.
Propane vs. Natural Gas use for home heating in Toledo
Between 2024 and today, the number of houses using propane as the primary space heating fuel grew from 2,068 to 2,177, a 5% change. Comparing 2024 and today, the number of homes using natural gas as the primary space heating fuel stayed the same at 97,487, a 0% change.
Electricity use for home heating in Toledo
Electric heat pump systems for home heating are more popular in Toledo. Since 2024, the number of homes heating with electricity increased from 30,090 to 31,171, a 4% 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. As it stands today, 39 homes in Toledo are heated with active solar arrays. This is a 86% gain from 2024, when 21 homes utilized active solar heating.
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Toledo, OH Heating Oil Delivery Map
Toledo Heating Oil Delivery Overview
220 families 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. 0.2% of Toledo houses 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 Fuel Oil Companies Homeowners Can Count On
With 110,000 gallons of oil delivered to Toledo homes last winter, the Toledo community depends on 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 fuel oil to homes and businesses throughout Toledo and the surrounding area.
