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Oil Prices in Waterville, ME

Updated on February 21, 2025 at 09:57 PM

Heating Oil CompanyOil Price Per GallonCash DiscountVolume Discount
Waldo Country Oil & Propane $3.60 Yes Yes
MA Haskell Fuel Company LLC $3.50 Yes Yes
Fabian Oil Inc Call for price No No
Fabian Discount Online Call for price No No
Summit Natural Gas Call for price No No
Augusta Fuel Company Call for price No No

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Waterville, ME Cash heating Oil delivery map

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

Cheapest Waterville, ME Oil Prices Per Gallon

QuantityPriceUpdated At
100 gallonsgals$3.60 per gallon/galFeb 21, 2025, 9:56 PM
150 gallonsgals$3.60 per gallon/galFeb 21, 2025, 9:56 PM
200 gallonsgals$3.60 per gallon/galFeb 21, 2025, 9:56 PM
250 gallonsgals$3.60 per gallon/galFeb 21, 2025, 9:56 PM

Waterville Heating Oil Price History

Updated on February 21, 2025 at 12:00 AM

DatePrice
02/21/2025$3.549
02/20/2025$3.549
02/19/2025$3.549
02/18/2025$3.549
02/17/2025$3.549
02/16/2025$3.449
02/15/2025$3.449
02/14/2025$3.449
02/12/2025$3.449
02/10/2025$3.449
02/09/2025$3.449
02/08/2025$3.449
02/07/2025$3.449
02/06/2025$3.449
02/05/2025$3.449
02/04/2025$3.449
02/03/2025$3.449
02/02/2025$3.399
02/01/2025$3.399
01/31/2025$3.399
01/30/2025$3.399
01/29/2025$3.299
01/28/2025$3.399
01/27/2025$3.399
01/22/2025$3.349
01/21/2025$3.349
01/20/2025$3.349
01/19/2025$3.349
01/18/2025$3.349
01/17/2025$3.349

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

Homeowners have a variety of home heating fuels to choose from. Heating oil is the most popular choice in Waterville, used by 7,594 or 72.51% of homes. The 2nd most popular choice for Waterville homeowners is electricity, used by 931 homes (8.89%). The remaining homes are heated with propane (882), natural gas (495), wood (385), and other fuels (132).

Waterville Primary Home Heating Fuel Popularity by Number of Households

FuelWaterville Households % of Households
Heating Oil7,59472.5%
Electricity9318.9%
Propane8828.4%
Natural Gas4954.7%
Wood3853.7%
Other Fuels1321.3%
No Fuel390.4%
Coal130.1%

Heating oil (72.5%)

Electricity (8.9%)

Propane (8.4%)

Natural gas (4.7%)

Wood (3.7%)

Other fuels (1.3%)

No fuel (0.4%)

Coal (0.1%)

#2 Heating Oil (Fuel Oil) Use in Waterville

Heating oil has become less popular in Waterville. In the 7 years since 2015, the number of heating oil homes fell from 9,223 to 7,594, a 17.66% drop.

Waterville Heating Oil Households (2011 - 2022)

YearHeating Oil Households
20119,100
20129,163
20139,155
20149,053
20159,223
20169,043
20178,793
20188,852
20198,631
20208,282
20217,931
20227,594

Propane vs. Natural Gas use for home heating in Waterville

Between 2015 and today, the number of homes using propane as the primary space heating fuel rose from 752 to 882.

Between 2015 and today, the number of homes using natural gas as the primary space heating fuel rose from 83 to 495.

Electricity use for home heating in Waterville

Electric space heating systems are becoming more popular in Waterville. Since 2015, the number of homes heating with electricity rose from 394 to 931, a 136.29% increase.

Solar use for home heating in Waterville

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 Waterville have not yet adopted solar heating.

Waterville, ME Heating Oil Trends

Last year, Waterville homeowners purchased a total of 5 million gallons of heating oil. Out of the 277 towns in Maine, Waterville ranks 5th for home heating oil consumption.

Country-wide, Waterville ranks 42nd out of 29,620 towns in America for heating oil consumption.

Short Term Trends

Waterville’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 Waterville, the average outside temperature was 2.0° F colder than the prior winter's average outside temperature.

Waterville Average Winter Temperature

Heating SeasonAverage Temperature
2024 - 202528° F
2023 - 202430° F

Waterville Homeowner’s Guide to Selecting an Oil Company

For Waterville homeowners heating with oil, selecting which of the 6 heating oil companies that serve Waterville 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 Waterville. Full service companies such as MA Haskell Fuel Company LLC 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 Waterville 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 Waterville include Fabian Discount Online and Fabian Oil Inc.

Waterville Heating Oil Company Fast Facts

Heating Oil Companies Serving Waterville: 6 companies

Average Distance From Oil Company to Waterville: 18 miles

Average Number Of Waterville Homes Served Per Company: 1,265 homes

Average Gallons Delivered per Waterville Oil Company: 907,827 gallons per year

Waterville, ME Heating Oil Delivery Overview

Approximately 7,594 households in Waterville, ME heat their homes with fuel oil. This makes oil delivery essential, especially when Waterville, ME temperatures drop as low as 42.5° F each winter.

72% of Waterville, ME Households Rely On Heating Oil Delivery Each Winter

Waterville, ME HouseholdsWaterville, ME Heating Oil Households
10,4737,594

6 Waterville, ME Oil Companies Go the Distance

With 5 million gallons of heating oil delivered to Waterville, ME homeowners during the winter of 2024, the Waterville, ME community relies on its 6 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 Waterville, 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 Waterville, ME.

Waterville Heating Oil Prices FAQs

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

The price of heating oil in Waterville, ME has been rising over the last 7 days, with a total decrease of $0.05 per gallon.

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

Today in Waterville, ME, the price of home heating oil is $3.50 per gallon, which amounts to $349.90 for a 100-gallon order (excluding any applicable taxes).

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

Heating oil prices in Waterville, ME have fallen in the last day by -$0.05.

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

Heating oil prices have gone up in Waterville, ME by $0.05 per gallon over the past 7 days, which amounts to a $5.00 for a 100-gallon order.

How high will oil go in Waterville, ME?

There’s no limit to how high oil prices can go in Waterville, ME. Over the past year, Waterville, ME heating oil prices per gallon have risen as high as $5.69 for a 100-gallon order. This is $2.14 per gallon more than the current average price of $3.55, and $2.19 per gallon more than the lowest price currently available, which is $3.50. 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