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Save on Heating Oil: Compare Prices from Madison Suppliers

Oil Prices in Madison, ME

Updated Today at 01:09 AM

Heating Oil CompanyOil Price Per GallonCash DiscountVolume Discount
Bobs Cash Fuel Call for price No No
Polar Bear Oil Co Inc Call for price No No

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We promote residential heating oil savings in Madison by providing real-time Madison heating oil prices and state-of-the-art secure online ordering.

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Madison, ME Cash heating Oil delivery map

Map of the COD Fuel Oil delivery service area for Madison, ME

Madison Heating Oil Price History

Updated on October 14, 2024 at 12:00 AM

DateAverage Oil Price
10/14/2024$2.999
10/13/2024$2.999
10/12/2024$2.999
10/11/2024$2.999
10/10/2024$2.999
10/09/2024$2.999
10/08/2024$2.999
10/07/2024$2.999
10/06/2024$2.999
10/05/2024$2.999
10/04/2024$2.999
10/03/2024$2.999
10/02/2024$2.999
10/01/2024$2.999
09/30/2024$2.999
09/29/2024$2.999
09/28/2024$2.999
09/27/2024$2.999
09/26/2024$2.999
09/25/2024$2.999
09/24/2024$2.999
09/23/2024$2.999
09/22/2024$2.999
09/21/2024$2.999
09/20/2024$2.999
09/19/2024$2.999
09/18/2024$2.999
09/17/2024$2.999

Propane vs. Natural Gas vs. Heating Oil: Madison Home Heating Fuel Comparison

Homeowners have a variety of home heating fuels to choose from. Heating oil is the most popular choice in Madison, used by 1,361 or 70.12% of homes. The 2nd most popular choice for Madison homeowners is wood, used by 257 homes (13.24%). The remaining homes are heated with propane (202), electricity (90), natural gas (40), and other fuels (27).

Madison Primary Home Heating Fuel Popularity by Number of Households

FuelMadison Households % of Households
Heating Oil1,36170.1%
Wood25713.2%
Propane20210.4%
Electricity904.6%
Natural Gas402.1%
No Fuel160.8%
Other Fuels110.6%

Heating oil (70.1%)

Wood (13.2%)

Propane (10.4%)

Electricity (4.6%)

Natural gas (2.1%)

No fuel (0.8%)

Other fuels (0.6%)

#2 Heating Oil (Fuel Oil) Use in Madison

Heating oil has become less popular in Madison. In the 5 years since 2017, the number of heating oil homes fell from 1,730 to 1,361, a 21.33% drop.

Madison Heating Oil Households (2011 - 2022)

YearHeating Oil Households
20111,499
20121,453
20131,406
20141,458
20151,465
20161,548
20171,730
20181,383
20191,400
20201,446
20211,403
20221,361

Propane vs. Natural Gas use for home heating in Madison

Between 2017 and today, the number of homes using propane as the primary space heating fuel rose from 29 to 202.

Between 2017 and today, the number of homes using natural gas as the primary space heating fuel rose from 24 to 40.

Electricity use for home heating in Madison

Electric space heating systems are becoming drop popular in Madison. Since 2017, the number of homes heating with electricity fell from 106 to 90, a 15.09% decrease.

Solar use for home heating in Madison

Solar is the most environmentally friendly of all space 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 in the basement.

Homeowners in Madison have not yet adopted solar heating.

Madison Homeowner’s Guide to Selecting an Oil Company

For Madison homeowners heating with oil, selecting which of the 2 heating oil companies that serve Madison is an important decision.

Full Service Oil Companies: Homeowners willing to pay a premium for a “set-it-and-forget-it” heating system choose one of the 1 “full-service” oil companies that serve Madison. Full service companies such as Bobs Cash Fuel or undefined offer automatic fuel delivery and furnace repair under a single roof.

Discount Oil Companies: Also known by the names “COD Fuel Companies” or “Cash Heating Oil Companies”, these companies are for the budget-conscious Madison homeowner. In return for better prices, you monitor the oil level in your tank and place an order when you run low on oil. Examples of cash heating oil companies that serve Madison include Polar Bear Oil Co Inc and undefined.

Madison Heating Oil Company Fast Facts

Heating Oil Companies Serving Madison: 2 companies

Average Distance From Oil Company to Madison: 18 miles

Average Number Of Madison Homes Served Per Company: 680 homes

Average Gallons Delivered per Madison Oil Company: 488,103 gallons per year

Madison, ME Heating Oil Delivery Overview

Approximately 1,361 households in Madison, ME heat their homes with fuel oil. This makes oil delivery essential, especially when Madison, ME temperatures drop as low as 42.5° F each winter.

70% of Madison, ME Households Rely On Heating Oil Delivery Each Winter

Madison, ME HouseholdsMadison, ME Heating Oil Households
1,9411,361

2 Madison, ME Oil Companies Go the Distance

With 976,207 gallons of heating oil delivered to Madison, ME homeowners during the winter of 2023, the Madison, ME community relies on its 2 oil companies to keep warm.

Oil delivery is a two step process: First, an oil truck picks up oil at the nearest bulk fuel terminal. In the case of Madison, ME, two of the closest terminals are Buckeye in Bangor, ME and Pbt in Brewer, ME. Then, the truck delivers the #2 heating oil to homes and businesses in Madison, ME.

Madison Heating Oil Prices FAQs

What if oil prices change after I order, but before delivery?

Your price will lock, when you place order.

Do I need to be home for the delivery?

Credit card orders: You don’t need to be home.

How much oil should I order?

95% of homes have 275 gallons oil tanks, and if you have around 1/4th tank, we recommend ordering 150 gallons to take advantage of bulk discounts, which typically kick in at 150 gallons.

What is a “cash/check deal” and why is it cheaper than a regular credit card deal?

Many oil companies offer a discount for cash or check payment because this avoids credit card fees. If you grab a cash/check deal, the provider contacts you prior to delivery to arrange payment.

Heating Oil Prices Near You In These Adjacent Towns