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$3.19 Cheapest heating oil price in Portland
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Oil Prices For Heating Oil Companies In Portland, ME
Updated Today at 01:15 PM
Portland Homeowner’s Guide to Selecting an Oil Company
For Portland Southern Maine homes heating with fuel oil, picking which of the 42 heating oil companies that serve Portland Southern Maine is an important decision.
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 households annual contracts which consist of a combined package of both automatic number two 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: Often called “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 number two heating oil level in your tank, and you place an oil order either when the level runs low or just before a major snowstorm. Examples of 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: Oil Companies Serving Portland Southern Maine: 42 companies .
Average Number of Portland Southern Maine Homes 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 number two heating oil usage changes from year to year depending on winter temperatures. As the temperature outside dips, homes’ heating systems need to burn increasing amounts of 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 | $3.19 per gallon/gal | Jan 29, 2026, 1:15 PM |
| 150 gallonsgals | $3.19 per gallon/gal | Jan 29, 2026, 1:15 PM |
| 200 gallonsgals | $3.19 per gallon/gal | Jan 29, 2026, 1:15 PM |
| 250 gallonsgals | $3.19 per gallon/gal | Jan 29, 2026, 1:15 PM |
Cheapest Portland Heating Oil Price Trends
Updated Today
| Time Horizon | Price Change |
|---|---|
| 1 Week Trend | -$0.050 |
| 1 Month Trend | -$0.050 |
Cheapest Portland Heating Oil Price History
Updated Today
| Date | Price |
|---|---|
| 01/29/2026 | $3.190 |
| 01/28/2026 | $3.090 |
| 01/27/2026 | $3.049 |
| 01/26/2026 | $2.949 |
| 01/25/2026 | $2.949 |
| 01/24/2026 | $2.949 |
| 01/23/2026 | $2.949 |
| 01/22/2026 | $2.920 |
| 01/21/2026 | $2.870 |
| 01/20/2026 | $2.870 |
| 01/19/2026 | $2.870 |
| 01/18/2026 | $2.870 |
| 01/17/2026 | $2.870 |
| 01/16/2026 | $2.870 |
| 01/15/2026 | $2.870 |
| 01/14/2026 | $2.870 |
| 01/13/2026 | $2.870 |
| 01/12/2026 | $2.880 |
| 01/11/2026 | $2.880 |
| 01/10/2026 | $2.880 |
| 01/09/2026 | $2.920 |
| 01/08/2026 | $2.920 |
| 01/07/2026 | $2.920 |
| 01/06/2026 | $2.920 |
| 01/05/2026 | $2.920 |
| 01/04/2026 | $2.920 |
| 01/03/2026 | $2.920 |
| 01/02/2026 | $2.920 |
| 01/01/2026 | $2.920 |
| 12/31/2025 | $2.920 |
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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
Homes 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 families. The 2nd most popular primary heating fuel for Portland Southern Maine homeowners is Heating Oil, used by 9,862 homes (31%). The other 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 less frequently used in Portland Southern Maine. In the 5 years since 2020, the number of homeowners using number two heating oil decreased 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 houses using propane as the primary space heating fuel shot up 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 jumped 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 jumped from 4,481 to 6,440, a 44% change.
Adoption of solar home heating systems in Portland Southern Maine
The most eco-friendly heating option is solar. With an “active” solar heating system, liquid is circulated between solar panels on a home’s roof and a heat energy storage tank (similar to a hot water heater) in the basement. Currently, 98 homes in Portland Southern Maine are heated with active solar arrays. This is a 1125% gain from 2020, when 8 homes incorporated active solar heating.
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Portland Heating Oil Prices FAQs
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