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Cheapest heating oil price in Toledo

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150 gallons Heating Oil

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$60.75

Today

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$60.75

Jun 18

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$60.75

Jul 2

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$60.75

Jul 16

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Oil Companies

Oil Prices For Heating Oil Companies In Toledo, OH

Heating Oil CompanyOil 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, choosing which of the 2 heating oil companies that serve Toledo makes a big difference.

Full Service Oil Companies: Homeowners who can afford 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 boiler 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 homeowner 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 customers who are on a budget. 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 Heating Oil Company Fast Facts: Oil Companies Serving Toledo: 2 companies .
Average Number of Toledo Homes 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 number two heating oil consumption changes yearly as winter conditions change. As the temperature outside gets colder, homes’ furnaces need to burn increasing amounts of number two heating 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 SeasonAverage Temperature
2024 - 202529° F
2023 - 202435° F

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Oil Prices

Average Toledo Heating Oil Price Trends

Updated on March 30, 2026

Time HorizonPrice 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

DatePrice
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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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 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 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)

YearNatural GasPropaneElectricityOilWoodSolarOther
202597,4872,17731,17122024139351
202497,5002,06830,09024224021348
202398,1391,94029,2942652370345
202298,2461,79828,4142462680329
202197,2421,75327,8622853014348
202099,4761,46728,30219238935354
201999,6411,47927,15822040923410
2018100,6771,35725,86622135014455
2017101,5921,30725,4243123735435
2016102,1961,24025,1473413930322
2015102,6551,07024,0184033479286
2014104,0981,04522,9354592889253
2013104,5621,14722,66838730714276
2012105,3151,11622,58131626611302
2011106,7231,20921,4874413105236

Heating Oil (Fuel Oil) Use in Toledo

Heating oil has become remaining stable in Toledo. In the 7 years since 2018, the number of residents using oil remained stable at 220.

Propane vs. Natural Gas use for home heating in Toledo

Between 2018 and today, the number of homes using propane as the primary space heating fuel ramped up from 1,357 to 2,177, a 60% change. Comparing 2018 and today, the number of homes using natural gas as the primary space heating fuel dipped from 100,677 to 97,487, a 3% change.

Electricity use for home heating in Toledo

Electric heat pump systems for home heating are more popular in Toledo. Since 2018, the number of homes heating with electricity rose from 25,866 to 31,171, a 21% change.

Adoption of solar home heating systems in Toledo

Solar is the most environmentally friendly of all heating fuels. 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. Currently, 39 homes in Toledo are heated with active solar arrays. This is a 179% gain from 2018, when 14 homes had active solar heating.

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Oil Delivery

Toledo, OH Heating Oil Delivery Map

Map of the COD Fuel Oil delivery service area for Toledo, OH

Toledo Heating Oil Delivery Overview

220 residences 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 households rely on oil delivery each winter.

0.2% of Toledo, OH Households Rely On Heating Oil Delivery Each Winter

Toledo, OH HouseholdsToledo, OH Heating Oil Households
132,364220

2 Toledo Number Two Heating Oil Companies You Can Trust

With 110,000 gallons of heating oil delivered to Toledo houses last winter, the Toledo community looks to its 2 oil companies to keep warm throughout the winter. Oil delivery can be summed up in two steps: 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.

Heating Oil Prices Near You In These Adjacent Towns