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Oil Prices in Portland, ME

Updated on February 21, 2025 at 09:57 PM

Heating Oil CompanyOil Price Per GallonCash DiscountVolume Discount
Maine Bio Fuel Inc $3.39 Yes Yes
AJ's Discount Oil Company $3.29 Yes Yes
Atlantic Heating Co Call for price No No
Lowest Price Oil $3.24 Yes Yes
Nice Fuel $3.29 Yes Yes
Paul's Services Inc Call for price No No
Order Oil Online $3.24 Yes Yes
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 $3.60 Yes Yes
Higgins Energy $3.45 Yes Yes
Willow Creek Fuels $3.30 Yes Yes
Winterwood Fuel & Water $3.30 Yes Yes
Ruck Oil Inc $3.60 Yes Yes
Gil's Oil Service $3.40 Yes Yes
Desrochers Oil $3.40 Yes Yes
Rinaldi Energy Llc Call for price No No
5 Star Fuel Llc Call for price No No
Jamison Energy Call for price No No
Vic and Sons Fuel Co Call for price No No
Mainely Heating Oil Call for price No No
Sea Land Energy 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
Paquette 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

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Portland, ME Cash heating Oil delivery map

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

Cheapest Portland, ME Oil Prices Per Gallon

QuantityPriceUpdated At
100 gallonsgals$3.24 per gallon/galFeb 21, 2025, 9:56 PM
150 gallonsgals$3.24 per gallon/galFeb 21, 2025, 9:56 PM
200 gallonsgals$3.24 per gallon/galFeb 21, 2025, 9:56 PM
250 gallonsgals$3.24 per gallon/galFeb 21, 2025, 9:56 PM

Portland Heating Oil Price Trends

Updated on February 21, 2025 at 12:00 AM

Time HorizonPrice Change
1 Week Trend-$0.075
1 Month Trend+$0.043
1 Year Trend-$0.128

Portland Heating Oil Price History

Updated on February 21, 2025 at 12:00 AM

DatePrice
02/21/2025$3.374
02/20/2025$3.374
02/19/2025$3.374
02/18/2025$3.392
02/17/2025$3.392
02/16/2025$3.449
02/15/2025$3.449
02/14/2025$3.449
02/13/2025$3.409
02/12/2025$3.444
02/11/2025$3.448
02/10/2025$3.388
02/09/2025$3.406
02/08/2025$3.406
02/07/2025$3.406
02/06/2025$3.406
02/05/2025$3.406
02/04/2025$3.402
02/03/2025$3.452
02/02/2025$3.345
02/01/2025$3.345
01/31/2025$3.336
01/30/2025$3.336
01/29/2025$3.345
01/28/2025$3.339
01/27/2025$3.336
01/26/2025$3.499
01/25/2025$3.499
01/24/2025$3.499
01/23/2025$3.499

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 (456).

Portland Primary Home Heating Fuel Popularity by Number of Households

FuelPortland Households % of Households
Natural Gas12,41939.8%
Heating Oil10,51233.7%
Electricity6,25020.0%
Propane1,3634.4%
Other Fuels4561.5%
Wood2370.8%
No Fuel1460.5%
Solar210.1%
Coal70.0%

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 9 years since 2013, the number of heating oil homes fell from 15,284 to 10,512, a 31.22% drop.

Portland Heating Oil Households (2011 - 2022)

YearHeating Oil Households
201117,077
201216,251
201315,284
201414,611
201513,992
201613,320
201712,658
201811,943
201911,318
202011,200
202110,850
202210,512

Propane vs. Natural Gas use for home heating in Portland

Between 2013 and today, the number of homes using propane as the primary space heating fuel rose from 1,095 to 1,363.

Between 2013 and today, the number of homes using natural gas as the primary space heating fuel rose from 9,795 to 12,419.

Electricity use for home heating in Portland

Electric space heating systems are becoming more popular in Portland. Since 2013, the number of homes heating with electricity rose from 2,894 to 6,250, a 115.96% 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 162.50% increase from 2013, when only 8 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 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’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 1.8° F colder than the prior winter's average outside temperature.

Portland Average Winter Temperature

Heating SeasonAverage Temperature
2024 - 202532.6° F
2023 - 202434.4° 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 HouseholdsPortland, ME Heating Oil Households
31,20710,512

42 Portland, ME Oil Companies Go the Distance

With 8 million gallons of heating oil delivered to Portland, ME homeowners during the winter of 2024, 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 $3.24 per gallon. The price of heating oil in Portland, ME ranges from a low of $3.24 to a high of $3.60. The average heating oil price in Maine state is $3.37.

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

On average, 100 gallons of heating oil costs $337.00 in Portland, ME. Prices range from $324.00 to $360.00, 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 $0.19 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 $3.37 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 $3.24 per gallon, which amounts to $324.00 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 $3.24 to $3.60 per gallon, depending on the delivery address and the oil company. The average price is $3.37 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 $3.24 to $3.60 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 $0.19 per gallon over the past 7 days, which amounts to a $19.00 for a 100-gallon order.

How much is oil per gallon in Portland, ME?

As of today, February 22nd, 2025, the average price of oil is $3.37 per gallon for a 100-gallon order paid by credit card. Prices can vary from $3.24 to $3.60 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 $3.24 to $3.60 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 $2.61 per gallon more than the current average price of $3.37, and $2.74 per gallon more than the lowest price currently available, which is $3.24. 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.