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Save on Heating Oil: Compare Prices from 42 Portland Suppliers

Oil Prices in Portland, ME

Updated Today at 12:34 PM

Heating Oil Company	Oil Price Per Gallon	Cash Discount	Volume Discount
Maine Bio Fuel Inc	$2.74	Yes	Yes
AJ's Discount Oil Company	Call for price	No	No
Atlantic Heating Co	Call for price	No	No
Lowest Price Oil	Call for price	No	No
Nice Fuel	Call for price	No	No
Paul's Services Inc	Call for price	No	No
Order Oil Online	Call for price	No	No
Suburban Propane	Call for price	No	No
Smith Oil	Call for price	No	No
Maine Standard Biofuels	Call for price	No	No
Aj's Discount Oil	Call for price	No	No
Fieldings Oil Co Inc	$3.10	Yes	Yes
Jamison Energy	$2.96	Yes	Yes
Vic and Sons Fuel Co	$2.90	Yes	Yes
Ruck Oil Inc	Call for price	No	No
Rinaldi Energy Llc	Call for price	No	No
5 Star Fuel Llc	Call for price	No	No
Higgins Energy	Call for price	No	No
Mainely Heating Oil	Call for price	No	No
Sea Land Energy	Call for price	No	No
Willow Creek Fuels	Call for price	No	No
Winterwood Fuel & Water	Call for price	No	No
DownEast Energy	Call for price	No	No
Beaupre Fuel	Call for price	No	No
Conroy's Oil Service	Call for price	No	No
Dixon Brothers	Call for price	No	No
Dodge Energy	Call for price	No	No
Lampron Energy	Call for price	No	No
Cash Energy	Call for price	No	No
Maine Heating and Cooling	Call for price	No	No
Peaks Island Fuel Company	Call for price	No	No
Arrow Oil Company	Call for price	No	No
Fleurent Fuel Company	Call for price	No	No
Gil's Oil Service	Call for price	No	No
Paquette Oil	Call for price	No	No
Desrochers Oil	Call for price	No	No
Provencher Fuels	Call for price	No	No
Arrow Oil	Call for price	No	No
Vadnais Oil	Call for price	No	No
Champagnes Energy	Call for price	No	No
Fleurent Fuel	Call for price	No	No
Champagne's Energy	Call for price	No	No

Why Portland Homeowners Choose Heat Fleet?

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

Portland, ME Cash heating Oil delivery map

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

Order Size (gallons)	Credit (per gallon)(/gal)	Cash (per gallon)(/gal)	Updated At
100	$2.74	$2.74	Dec 20, 2024, 12:29 PM
150	$2.74	$2.74	Dec 20, 2024, 12:29 PM
200	$2.74	$2.74	Dec 20, 2024, 12:29 PM
250	$2.74	$2.74	Dec 20, 2024, 12:29 PM

Portland Heating Oil Price Trends

Updated Today at 12:00 AM

Time Horizon	Price Change
1 Day Trend	-$0.003
1 Month Trend	+$0.113
1 Year Trend	-$0.488

Portland Heating Oil Price History

Updated Today at 12:00 AM

Date	Average Oil Price
12/20/2024	$2.924
12/19/2024	$2.927
12/18/2024	$2.915
12/17/2024	$2.915
12/16/2024	$2.949
12/15/2024	$2.924
12/14/2024	$2.924
12/13/2024	$2.924
12/12/2024	$2.924
12/11/2024	$2.924
12/10/2024	$2.847
12/09/2024	$2.834
12/08/2024	$2.823
12/07/2024	$2.823
12/06/2024	$2.822
12/05/2024	$2.811
12/04/2024	$2.811
12/03/2024	$2.822
12/02/2024	$2.822
12/01/2024	$2.822
11/30/2024	$2.822
11/29/2024	$2.822
11/28/2024	$2.799
11/27/2024	$2.800
11/26/2024	$2.796
11/25/2024	$2.811
11/24/2024	$2.809
11/23/2024	$2.809
11/22/2024	$2.811
11/21/2024	$2.811

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

Homeowners have a variety of home heating fuels to choose from. Natural gas is the most popular choice in Portland, used by 12,419 or 39.80% of homes. The 2nd most popular choice for Portland homeowners is heating oil, used by 10,512 homes (33.68%). The remaining homes are heated with electricity (6,250), propane (1,363), other fuels (456), and other fuels (411).

Portland Primary Home Heating Fuel Popularity by Number of Households

Fuel	Portland Households	% of Households
Natural Gas	12,419	39.8%
Heating Oil	10,512	33.7%
Electricity	6,250	20.0%
Propane	1,363	4.4%
Other Fuels	456	1.5%
Wood	237	0.8%
No Fuel	146	0.5%
Solar	21	0.1%
Coal	7	0.0%

Natural gas (39.8%)

Heating oil (33.7%)

Electricity (20.0%)

Propane (4.4%)

Other fuels (1.5%)

Wood (0.8%)

No fuel (0.5%)

Solar (0.1%)

Coal (0.0%)

#2 Heating Oil (Fuel Oil) Use in Portland

Heating oil has become less popular in Portland. In the 8 years since 2014, the number of heating oil homes fell from 14,611 to 10,512, a 28.05% drop.

Portland Heating Oil Households (2011 - 2022)

Year	Heating Oil Households
2011	17,077
2012	16,251
2013	15,284
2014	14,611
2015	13,992
2016	13,320
2017	12,658
2018	11,943
2019	11,318
2020	11,200
2021	10,850
2022	10,512

Propane vs. Natural Gas use for home heating in Portland

Between 2014 and today, the number of homes using propane as the primary space heating fuel rose from 1,037 to 1,363.

Between 2014 and today, the number of homes using natural gas as the primary space heating fuel rose from 10,270 to 12,419.

Electricity use for home heating in Portland

Electric space heating systems are becoming more popular in Portland. Since 2014, the number of homes heating with electricity rose from 2,792 to 6,250, a 123.85% increase.

Solar use for home heating in Portland

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.

Currently, 21 homes in Portland are heated with active solar arrays. This is a 19.23% decrease from 2014, when only 26 homes had installed active solar heating.

Portland, ME Heating Oil Trends

Last year, Portland homeowners purchased a total of 8 million gallons of heating oil. Out of the 277 towns in Maine, Portland ranks 1^st for home heating oil consumption.

Country-wide, Portland ranks 15^th out of 29,620 towns in America for heating oil consumption.

Short Term Trends

Portland’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 Portland, the average outside temperature was 4.3° F warmer than the prior winter's average outside temperature.

Portland Average Winter Temperature

Heating Season	Average Temperature
2024 - 2025	38.7° F
2023 - 2024	34.4° F

Portland Homeowner’s Guide to Selecting an Oil Company

For Portland homeowners heating with oil, selecting which of the 42 heating oil companies that serve Portland 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 8 “full-service” oil companies that serve Portland. Full service companies such as Arrow Oil Company or Cash Energy 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 Portland 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 Portland include Lampron Energy and AJ's Discount Oil Company.

Portland Heating Oil Company Fast Facts

Heating Oil Companies Serving Portland: 42 companies

Average Distance From Oil Company to Portland: 18 miles

Average Number Of Portland Homes Served Per Company: 250 homes

Average Gallons Delivered per Portland Oil Company: 179,522 gallons per year

Portland, ME Heating Oil Delivery Overview

Approximately 10,512 households in Portland, ME heat their homes with fuel oil. This makes oil delivery essential, especially when Portland, ME temperatures drop as low as 42.5° F each winter.

33% of Portland, ME Households Rely On Heating Oil Delivery Each Winter

Portland, ME Households	Portland, ME Heating Oil Households
31,207	10,512

42 Portland, ME Oil Companies Go the Distance

With 8 million gallons of heating oil delivered to Portland, ME homeowners during the winter of 2023, the Portland, ME community relies on its 42 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 Portland, ME, two of the closest terminals are Gulf in So. Portland, ME and Citgo in Portland, ME. Then, the truck delivers the #2 heating oil to homes and businesses in Portland, ME.

Portland Heating Oil Prices FAQs

What is the best price per gallon of home heating oil in Portland, ME?

The best price of home heating oil in Portland, ME today is $2.74 per gallon. The price of heating oil in Portland, ME ranges from a low of $2.74 to a high of $3.10. The average heating oil price in Maine state is $2.92.

How much does 100 gallons of heating oil cost in Portland, ME?

On average, 100 gallons of heating oil costs $292.00 in Portland, ME. Prices range from $274.00 to $310.00, depending on the oil company.

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

The price of heating oil in Portland, ME has been falling over the last 7 days, with a total decrease of $0.13 per gallon.

What is the average price of home heating oil in Portland, ME?

The average price of home heating oil in Portland, ME is $2.92 per gallon.

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

Today in Portland, ME, the price of home heating oil is $2.74 per gallon, which amounts to $274.00 for a 100-gallon order (excluding any applicable taxes).

What is the current price of heating oil in Portland, ME?

The current price of heating oil in Portland, ME ranges from $2.74 to $3.10 per gallon, depending on the delivery address and the oil company. The average price is $2.92 per gallon.

How much is home heating oil right now in Portland, ME?

The current price of home heating oil in Portland, ME ranges from $2.74 to $3.10 per gallon for a 100-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, ME?

Heating oil prices have gone down in Portland, ME by $0.13 per gallon over the past 7 days, which amounts to a $13.00 for a 100-gallon order.

How much is oil per gallon in Portland, ME?

As of today, December 20th, 2024, the average price of oil is $2.92 per gallon for a 100-gallon order paid by credit card. Prices can vary from $2.74 to $3.10 per gallon, depending on factors such as delivery address, oil company, order size, and payment method.

How much is oil for heat in Portland, ME?

Currently, the price of oil for heating in Portland, ME ranges from $2.74 to $3.10 per gallon for a 100-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, ME?

There’s no limit to how high oil prices can go in Portland, ME. Over the past year, Portland, ME heating oil prices per gallon have risen as high as $5.98 for a 100-gallon order. This is $3.06 per gallon more than the current average price of $2.92, and $3.24 per gallon more than the lowest price currently available, which is $2.74. 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.