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Cheapest heating oil price in Toledo
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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 households heating with number two heating oil, selecting which of the 2 heating oil companies that serve Toledo can drastically impact the cost of home heating.
Full Service Oil Companies: Homeowners who value 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 fuel oil delivery and furnace repair. With an automatic heating oil delivery contract, the company tracks your home’s fuel oil consumption and makes deliveries when your tank is running low. The household 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 looking to save money. 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 the oil gauge dips below a quarter tank. Examples of 2 Toledo cash heating oil companies serving Toledo include Lyden Oil Company and RELIANCE ENERGY.
Toledo Heating Oil Company Fast Facts: 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 fuel oil consumption fluctuates yearly based on the severity of the winter. As the temperature outside gets more chilly, homes’ HVAC systems need to burn additional fuel 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 Season | Average Temperature |
|---|---|
| 2024 - 2025 | 29° F |
| 2023 - 2024 | 35° F |
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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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Propane vs. Natural Gas vs. Heating Oil: Toledo Home Heating Fuel Comparison
Families have a variety of fuels that can be used when it comes to heating. Natural Gas is the most common choice in Toledo, used by 97,487 or 74% of families. The next most popular primary heating fuel for Toledo families 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 10 years since 2015, the number of families using oil dropped 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 increased 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 declined from 102,655 to 97,487, a 5% change.
Electricity use for home heating in Toledo
Electric heat pump systems for home heating are more popular 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. As it stands 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 homes 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 households are reliant 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 Heating Oil Companies Homeowners Can Count On
With 110,000 gallons of fuel oil delivered to Toledo households last winter, the Toledo community relies on its 2 oil companies to keep warm throughout the winter. 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 homes and businesses throughout Toledo and the surrounding area.