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$2.92 Cheapest heating oil price in Portland
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Oil Prices For Heating Oil Companies In Portland, ME
Updated on January 7, 2026 at 01:15 PM
Portland Homeowner’s Guide to Selecting an Oil Company
For Portland Southern Maine households heating with heating oil, choosing which of the 42 heating oil companies that serve Portland Southern Maine makes a big difference.
Full Service Oil Companies: Homeowners who want a “set-it-and-forget-it” heating system pick one of the 8 “full-service” oil companies that serve Portland Southern Maine. Full service companies such as Arrow Oil Company or Cash Energy offer clients annual contracts which consist of a combined package of both automatic heating oil delivery and HVAC repair. With an automatic number two heating oil delivery contract, the company tracks your home’s 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 households who are budget-conscious. With discount oil companies, in return for better prices, you monitor the fuel oil level in your tank, and you place an oil order when the oil gauge dips below a quarter tank. A few of the 2 Portland Southern Maine cash heating oil companies serving Portland Southern Maine include Lampron Energy and AJ's Discount Oil Company.
Portland Southern Maine Number Two Heating Oil Company Statistics: Fuel oil Companies Serving Portland Southern Maine: 42 companies .
Average Number of Portland Southern Maine Households Served per Heating Oil company : 0
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 1st for home heating oil consumption.
Country-wide, Portland ranks 15th out of 29,620 towns in America for heating oil consumption.
Short Term Trends
Portland Southern Maine’s overall fuel oil consumption changes annually as winter conditions change. As the temperature outside dips, homes’ furnaces need to burn additional heating oil to keep the house warm inside. Last winter, the average outside temperature in Portland Southern Maine was 28.8°F, which was 4.3°F colder than the prior winter's average outside temperature.
Portland Average Winter Temperature
| Heating Season | Average Temperature |
|---|---|
| 2024 - 2025 | 28.8° F |
| 2023 - 2024 | 33.1° F |
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Cheapest Portland Heating Oil Price by Order Quantity
| Quantity | Price | Updated At |
|---|---|---|
| 100 gallonsgals | $2.92 per gallon/gal | Jan 7, 2026, 1:15 PM |
| 150 gallonsgals | $2.92 per gallon/gal | Jan 7, 2026, 1:15 PM |
| 200 gallonsgals | $2.92 per gallon/gal | Jan 7, 2026, 1:15 PM |
| 250 gallonsgals | $2.92 per gallon/gal | Jan 7, 2026, 1:15 PM |
Cheapest Portland Heating Oil Price Trends
Updated on November 14, 2025 at 04:00 AM
| Time Horizon | Price Change |
|---|---|
| 1 Month Trend | +$0.070 |
Cheapest Portland Heating Oil Price History
Updated on November 14, 2025 at 04:00 AM
| Date | Price |
|---|---|
| 11/14/2025 | $3.064 |
| 11/13/2025 | $3.064 |
| 11/12/2025 | $3.064 |
| 11/11/2025 | $3.048 |
| 11/10/2025 | $3.033 |
| 11/09/2025 | $3.020 |
| 11/08/2025 | $3.020 |
| 11/07/2025 | $3.020 |
| 11/06/2025 | $3.011 |
| 11/05/2025 | $2.961 |
| 11/04/2025 | $2.955 |
| 11/03/2025 | $2.941 |
| 11/02/2025 | $2.951 |
| 11/01/2025 | $2.953 |
| 10/31/2025 | $2.945 |
| 10/30/2025 | $2.945 |
| 10/29/2025 | $2.940 |
| 10/28/2025 | $2.916 |
| 10/27/2025 | $2.911 |
| 10/26/2025 | $2.914 |
| 10/25/2025 | $2.914 |
| 10/24/2025 | $2.914 |
| 10/23/2025 | $2.898 |
| 10/22/2025 | $2.888 |
| 10/21/2025 | $2.901 |
| 10/20/2025 | $2.901 |
| 10/19/2025 | $2.901 |
| 10/18/2025 | $2.901 |
| 10/17/2025 | $2.901 |
| 10/16/2025 | $2.892 |
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20 Seconds Can Save Portland Southern Maine Families $1,000+ On Oil Bills Every Year
Propane vs. Natural Gas vs. Heating Oil: Portland Southern Maine Home Heating Fuel Comparison
Homeowners have a host of fuels to choose from when it comes to heating. Natural Gas is the preferred choice in Portland Southern Maine, used by 12,963 or 41% of households. The next most popular primary heating fuel for Portland Southern Maine families is Heating Oil, used by 9,862 homes (31%). The remaining homes are heated with Electricity (20%), Propane (6%), Other (2%), and Solar (0.3%).
Portland Residential Primary Home Heating Fuel (in Number of Households)
| Year | Natural Gas | Propane | Electricity | Oil | Wood | Solar | Other |
|---|---|---|---|---|---|---|---|
| 2025 | 12,963 | 1,775 | 6,440 | 9,862 | 83 | 98 | 436 |
| 2024 | 12,969 | 1,720 | 6,257 | 10,274 | 69 | 85 | 423 |
| 2023 | 12,753 | 1,649 | 6,105 | 10,507 | 57 | 70 | 408 |
| 2022 | 12,787 | 1,550 | 5,805 | 10,711 | 138 | 58 | 419 |
| 2021 | 12,318 | 1,451 | 5,251 | 10,850 | 247 | 20 | 413 |
| 2020 | 12,256 | 1,587 | 4,481 | 11,200 | 277 | 8 | 394 |
| 2019 | 12,081 | 1,451 | 4,082 | 11,318 | 302 | 6 | 545 |
| 2018 | 12,237 | 1,314 | 3,607 | 11,943 | 288 | 26 | 547 |
| 2017 | 11,754 | 1,286 | 3,115 | 12,658 | 283 | 21 | 519 |
| 2016 | 11,689 | 1,111 | 2,791 | 13,320 | 304 | 23 | 425 |
| 2015 | 10,963 | 1,011 | 2,753 | 13,992 | 434 | 29 | 402 |
| 2014 | 10,270 | 1,037 | 2,792 | 14,611 | 539 | 26 | 274 |
| 2013 | 9,795 | 1,095 | 2,894 | 15,284 | 550 | 8 | 288 |
| 2012 | 9,275 | 1,095 | 2,713 | 16,251 | 562 | 10 | 283 |
| 2011 | 8,867 | 1,188 | 2,520 | 17,077 | 450 | 23 | 261 |
Heating Oil (Fuel Oil) Use in Portland Southern Maine
Oil has become losing popularity in Portland Southern Maine. In the 5 years since 2020, the number of residents using number two heating oil dropped from 11,200 to 9,862, a 12% drop.
Propane vs. Natural Gas use for home heating in Portland Southern Maine
Between 2020 and today, the number of homes using propane as the primary space heating fuel rose from 1,587 to 1,775, a 12% change. Comparing 2020 and today, the number of homes using natural gas as the primary space heating fuel shot up from 12,256 to 12,963, a 6% change.
Electricity use for home heating in Portland Southern Maine
Electric heat pump systems for home heating are more popular in Portland Southern Maine. Since 2020, the number of homes heating with electricity shot up from 4,481 to 6,440, a 44% change.
Adoption of solar home heating systems in Portland Southern Maine
Solar is the most environmentally friendly of all heating fuels. 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, 98 homes in Portland Southern Maine are heated with active solar arrays. This is a 1125% gain from 2020, when 8 homes used active solar heating.
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Portland Heating Oil Prices FAQs
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