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$2.99 Cheapest heating oil price in Portland
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150 gallons Heating Oil
$112.09
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$112.09
Feb 10
$112.09
Feb 24
$112.09
Mar 10
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Oil Companies
Oil Prices For Heating Oil Companies In Portland, CT
Updated Today at 01:15 PM
Portland Homeowner’s Guide to Selecting an Oil Company
For Portland households heating with fuel oil, choosing which of the 106 heating oil companies that serve Portland makes a big difference.
Full Service Oil Companies: Homeowners who can afford a “set-it-and-forget-it” heating system select one of the 65 “full-service” oil companies that serve Portland. Full service companies such as Aaa Oil Company or Spring Brook Ice & Fuel offer households annual contracts which consist of a combined package of both automatic heating oil delivery and furnace repair. With an automatic fuel 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: Also known by the names “COD Fuel” or “Cash Heating Oil” companies, discount oil companies are for customers who are budget-conscious. With discount oil companies, in exchange for lower prices, you monitor the oil level in your tank, and you place an oil order when the oil gauge dips below a quarter tank. Some of the 2 Portland cash heating oil companies serving Portland include R & D Oil Service and Mccormick & Bonner Transport LLC.
Portland Number Two Heating Oil Company Fast Facts: Fuel oil Companies Serving Portland: 106 companies .
Average Number of Portland Homes Served per Fuel Oil company : 23
Portland, CT Heating Oil Trends
Last year, Portland homeowners purchased a total of 2 million gallons of heating oil. Out of the 269 towns in Connecticut, Portland ranks 74th for home heating oil consumption.
Country-wide, Portland ranks 338th out of 29,620 towns in America for heating oil consumption.
Short Term Trends
Portland’s overall fuel oil consumption changes annually correlating with how cold it gets each winter. As the temperature outside gets more chilly, homes’ boilers need to burn additional heating oil to maintain a constant interior temperature. Last winter, the average outside temperature in Portland was 30.5°F, which was 5.1°F colder than the prior winter's average outside temperature.
Portland Average Winter Temperature
| Heating Season | Average Temperature |
|---|---|
| 2024 - 2025 | 30.5° F |
| 2023 - 2024 | 35.6° F |
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Oil Prices
Cheapest Portland Heating Oil Price by Order Quantity
| Quantity | Price | Updated At |
|---|---|---|
| 100 gallonsgals | $2.99 per gallon/gal | Jan 27, 2026, 1:15 PM |
| 150 gallonsgals | $2.99 per gallon/gal | Jan 27, 2026, 1:15 PM |
| 200 gallonsgals | $2.99 per gallon/gal | Jan 27, 2026, 1:15 PM |
| 250 gallonsgals | $2.99 per gallon/gal | Jan 27, 2026, 1:15 PM |
Cheapest Portland Heating Oil Price Trends
Updated Today
| Time Horizon | Price Change |
|---|---|
| 1 Week Trend | +$0.159 |
| 1 Month Trend | +$0.169 |
Cheapest Portland Heating Oil Price History
Updated Today
| Date | Price |
|---|---|
| 01/27/2026 | $2.989 |
| 01/26/2026 | $2.989 |
| 01/25/2026 | $2.942 |
| 01/24/2026 | $2.942 |
| 01/23/2026 | $2.942 |
| 01/22/2026 | $2.864 |
| 01/21/2026 | $2.830 |
| 01/20/2026 | $2.820 |
| 01/19/2026 | $2.820 |
| 01/18/2026 | $2.790 |
| 01/17/2026 | $2.790 |
| 01/16/2026 | $2.790 |
| 01/15/2026 | $2.753 |
| 01/14/2026 | $2.753 |
| 01/13/2026 | $2.786 |
| 01/12/2026 | $2.786 |
| 01/11/2026 | $2.786 |
| 01/10/2026 | $2.786 |
| 01/09/2026 | $2.786 |
| 01/08/2026 | $2.786 |
| 01/07/2026 | $2.786 |
| 01/06/2026 | $2.831 |
| 01/05/2026 | $2.831 |
| 01/04/2026 | $2.820 |
| 01/03/2026 | $2.820 |
| 01/02/2026 | $2.800 |
| 01/01/2026 | $2.800 |
| 12/31/2025 | $2.800 |
| 12/30/2025 | $2.730 |
| 12/29/2025 | $2.720 |
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Heating Oil
20 Seconds Can Save Portland Families $1,000+ On Oil Bills Every Year
Propane vs. Natural Gas vs. Heating Oil: Portland Home Heating Fuel Comparison
Families have a host of fuels that can be used when it comes to heating. Heating Oil is the most common choice in Portland, used by 2,485 or 67% of families. The next most popular primary heating fuel for Portland residents is Natural Gas, used by 426 homes (12%). The rest of the homes are heated with Electricity (9%), Propane (8%), Other (2%), and Wood (2%).
Portland Residential Primary Home Heating Fuel (in Number of Households)
| Year | Natural Gas | Propane | Electricity | Oil | Wood | Solar | Other |
|---|---|---|---|---|---|---|---|
| 2025 | 426 | 284 | 328 | 2,485 | 61 | 23 | 31 |
| 2024 | 426 | 269 | 323 | 2,485 | 61 | 21 | 27 |
| 2023 | 425 | 258 | 309 | 2,488 | 60 | 18 | 22 |
| 2022 | 324 | 240 | 310 | 2,510 | 97 | 20 | 18 |
| 2021 | 306 | 77 | 206 | 2,762 | 116 | 43 | 15 |
| 2020 | 281 | 111 | 322 | 2,818 | 109 | 9 | 24 |
| 2019 | 266 | 103 | 366 | 2,865 | 108 | 8 | 25 |
| 2018 | 344 | 97 | 353 | 2,911 | 78 | 9 | 50 |
| 2017 | 390 | 81 | 401 | 2,980 | 48 | 8 | 22 |
| 2016 | 405 | 101 | 375 | 2,974 | 77 | 0 | 16 |
| 2015 | 440 | 73 | 316 | 3,002 | 61 | 0 | 15 |
| 2014 | 468 | 67 | 310 | 3,012 | 70 | 0 | 28 |
| 2013 | 408 | 61 | 308 | 2,945 | 60 | 0 | 28 |
| 2012 | 292 | 70 | 305 | 2,927 | 73 | 0 | 24 |
| 2011 | 261 | 44 | 355 | 2,860 | 60 | 0 | 24 |
Heating Oil (Fuel Oil) Use in Portland
Oil has become losing popularity in Portland. In the 5 years since 2020, the number of families using heating oil decreased from 2,818 to 2,485, a 12% drop.
Propane vs. Natural Gas use for home heating in Portland
Between 2020 and today, the number of homes using propane as the primary space heating fuel shot up from 111 to 284, a 156% change. Comparing 2020 and today, the number of homes using natural gas as the primary space heating fuel jumped from 281 to 426, a 52% change.
Electricity use for home heating in Portland
Electric heat pump systems for home heating are more popular in Portland. Since 2020, the number of homes heating with electricity ramped up from 322 to 328, a 2% change.
Adoption of solar home heating systems in Portland
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. Now, 23 homes in Portland are heated with active solar arrays. This is a 156% gain from 2020, when 9 homes used active solar heating.
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Oil Delivery
Portland, CT Heating Oil Delivery Map
Portland Heating Oil Delivery Overview
2,485 residences in Portland heat their homes with oil. This makes oil delivery essential, especially when Portland temperatures drop as low as 24.8° F each winter. 67% of Portland households rely on heating oil delivery each winter.
67% of Portland, CT Households Rely On Heating Oil Delivery Each Winter
| Portland, CT Households | Portland, CT Heating Oil Households |
|---|---|
| 3,698 | 2,485 |
106 Portland Fuel Oil Companies Go The Distance
With 397,280,973.21 gallons of heating oil delivered to Portland households last winter, the Portland community relies on its 106 oil companies to keep their oil tanks full. 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 Portland, two of the closest terminals are Buckeye in Wethersfield, CT and Sprague W in Springfield, MA. Then, the truck delivers the #2 heating oil to homes and businesses throughout Portland and the surrounding region.
Portland Heating Oil Prices FAQs
What is the best price per gallon of home heating oil in Portland?
The best price of home heating oil in Portland today is $2.99 per gallon. The price of heating oil in Portland ranges from a low of $2.99 to a high of $4.11. The average heating oil price in Connecticut state is $3.60.
Is the price of heating oil in Portland rising or falling?
The price of heating oil in Portland has risen by $0.448 over the last 7 days.
What is the average price of home heating oil in Portland?
The average price of home heating oil in Portland is $3.60 per gallon.
How much does 150 gallons of heating oil cost in Portland?
150 gallons of heating oil costs $539.64 in Portland.
What is the price of home heating oil today in Portland?
Today in Portland, the price of home heating oil is $2.99 per gallon, which amounts to $448.35 for a 150-gallon order (excluding any applicable taxes).
What is the current price of heating oil in Portland?
The current price of heating oil in Portland ranges from $2.99 to $4.11 per gallon, depending on the delivery address and the oil company. The average price is $3.60 per gallon.
Why are heating oil prices rising today in Portland?
Heating oil prices in Portland rose $0.448 over the last week because home heating oil demand in New Haven is rising, but fuel inventories in local heating oil terminals is falling. (Updated January 20th, 2026).
How much is home heating oil right now in Portland?
The current price of home heating oil in Portland ranges from $2.99 to $4.11 per gallon for a 150-gallon order paid by credit card. Prices can vary based on location, and cash or volume discounts may be available.
Is heating oil going up or down in Portland?
Heating oil prices have gone up in Portland by $0.45 per gallon over the past 1 days, which amounts to a $67.20 for a 150-gallon order.
How much is oil per gallon in Portland?
As of today, January 27th, 2026, the price of oil is $2.99 per gallon for a 150-gallon order paid by credit card. Prices can vary from $2.99 to $4.11 per gallon, depending on factors such as delivery address, oil company, order size, and payment method.
How much is oil for heat in Portland?
Currently, the price of oil for heating in Portland ranges from $2.99 to $4.11 per gallon for a 150-gallon delivery. Some oil companies offer various discounts, including cash discounts, volume discounts, military discounts, and senior discounts.
How high will oil go in Portland?
There’s no limit to how high oil prices can go in Portland. Over the past year, Portland heating oil prices per gallon have risen as high as $4.94 for a 150-gallon order. This is $1.35 per gallon more than the current average price of $3.60, and $1.96 per gallon more than the lowest price currently available, which is $2.99. 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.
