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Save on Heating Oil: Compare Prices from Madison Suppliers

Oil Prices in Madison, ME

Updated Today at 02:34 PM

Heating Oil CompanyOil Price Per GallonCash DiscountVolume Discount
Bobs Cash Fuel $3.10 Yes Yes
Polar Bear Oil Co Inc Call for price No No

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Madison, ME Cash heating Oil delivery map

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

Madison, ME Best Oil Prices Per Gallon

Order Size (gallons)Credit (per gallon)(/gal)Cash (per gallon)(/gal)Updated At
100$3.10 $3.10 Dec 20, 2024, 12:29 PM
150$3.10 $3.10 Dec 20, 2024, 12:29 PM
200$3.10 $3.10 Dec 20, 2024, 12:29 PM
250$3.10 $3.10 Dec 20, 2024, 12:29 PM

Madison Heating Oil Price History

Updated Today at 12:00 AM

DateAverage Oil Price
12/20/2024$3.099
12/19/2024$3.099
12/18/2024$3.099
12/17/2024$3.069
12/16/2024$3.069
12/15/2024$3.069
12/14/2024$3.069
12/13/2024$3.069
12/12/2024$3.069
12/11/2024$3.069
12/10/2024$3.069
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

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 10 years since 2012, the number of heating oil homes fell from 1,453 to 1,361, a 6.33% 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 2012 and today, the number of homes using propane as the primary space heating fuel rose from 94 to 202.

Between 2012 and today, the number of homes using natural gas as the primary space heating fuel rose from 0 to 40.

Electricity use for home heating in Madison

Electric space heating systems are becoming drop popular in Madison. Since 2012, the number of homes heating with electricity fell from 96 to 90, a 6.25% 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, ME Heating Oil Trends

Last year, Madison homeowners purchased a total of 976,207 gallons of heating oil. Out of the 277 towns in Maine, Madison ranks 70th for home heating oil consumption.

Country-wide, Madison ranks 858th out of 29,620 towns in America for heating oil consumption.

Short Term Trends

Madison’s overall heating oil use varies from year to year, primarily depending on how cold each winter is. As the temperature outside gets colder, homes’ heating systems need to burn more and more oil to keep homes warm. Last winter in Madison, the average outside temperature was 4.5° F warmer than the prior winter's average outside temperature.

Madison Average Winter Temperature

Heating SeasonAverage Temperature
2024 - 202532.8° F
2023 - 202428.3° F

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

Is the price of heating oil in Madison, ME rising or falling?

The price of heating oil in Madison, ME has been rising over the last 7 days, with a total decrease of $0.03 per gallon.

What is the price of home heating oil today in Madison, ME?

Today in Madison, ME, the price of home heating oil is $3.10 per gallon, which amounts to $309.90 for a 100-gallon order (excluding any applicable taxes).

Why are heating oil prices rising today in Madison, ME?

Heating oil prices in Madison, ME have not changed in the last 24 hours.

Is heating oil going up or down in Madison, ME?

Heating oil prices have gone up in Madison, ME by $0.03 per gallon over the past 7 days, which amounts to a $3.00 for a 100-gallon order.

How high will oil go in Madison, ME?

There’s no limit to how high oil prices can go in Madison, ME. Over the past year, Madison, ME heating oil prices per gallon have risen as high as $5.70 for a 100-gallon order. This is $2.60 per gallon more than the current average price of $3.10, and $2.60 per gallon more than the lowest price currently available, which is $3.10. Home heating oil prices fluctuate daily based on several factors, including demand, local fuel inventories at terminals (such as CITGO), and the price of crude oil.

Heating Oil Prices Near You In These Adjacent Towns