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$2.92 Cheapest heating oil price in Portland

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150 gallons Heating Oil

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$109.50

Today

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$109.50

Jan 22

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$109.50

Feb 5

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$109.50

Feb 19

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Oil Companies

Oil Prices For Heating Oil Companies In Portland, ME

Updated on January 7, 2026 at 01:15 PM

Heating Oil CompanyOil Price Per Gallon
AJs Discount Oil Company $2.99
Maine Bio Fuel $3.09
Pauls Services Inc Call for price
Maine Standard Biofuels $3.09
Atlantic Heating Company $3.20
Nice Fuel Call for price
Ajs Discount Oil $2.99
Suburban Propane Call for price
Smith Oil Call for price
Lowest Price Oil $2.92
Order Oil Online $2.92
Lampron Energy $2.93
Gils Oil Service $2.93
Cash Energy $3.09
Willow Creek Fuels $3.00
Desrochers Oil $2.93
Vic and Sons Fuel Company $3.10
Jamison Energy $3.20
Winterwood Fuel and Water $2.93
Ruck Oil Inc $3.09
Rinaldi Energy $3.25
Sea Land Energy $3.30
Arrow Oil $2.92
Mainely Heating Oil $3.30
Arrow Oil Company Call for price
Maine Heating and Cooling Call for price
Conroys Oil Service Call for price
Champagnes Energy Call for price
Higgins Energy Call for price
Fieldings Oil Company Call for price
Vadnais Oil Call for price
Fleurent Fuel Company Call for price
Peaks Island Fuel Company Call for price
DownEast Energy Call for price
Dixon Brothers Call for price
Dodge Energy Call for price
Champagnes Energy Call for price
Fleurent Fuel Call for price
Paquette Oil Call for price
Beaupre Fuel Call for price
5 Star Fuel LLC Call for price
Provencher Fuels Call for price

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 SeasonAverage Temperature
2024 - 202528.8° F
2023 - 202433.1° F

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Cheapest Portland Heating Oil Price by Order Quantity

QuantityPriceUpdated At
100 gallonsgals$2.92 per gallon/galJan 7, 2026, 1:15 PM
150 gallonsgals$2.92 per gallon/galJan 7, 2026, 1:15 PM
200 gallonsgals$2.92 per gallon/galJan 7, 2026, 1:15 PM
250 gallonsgals$2.92 per gallon/galJan 7, 2026, 1:15 PM

Cheapest Portland Heating Oil Price Trends

Updated on November 14, 2025 at 04:00 AM

Time HorizonPrice Change
1 Month Trend+$0.070

Cheapest Portland Heating Oil Price History

Updated on November 14, 2025 at 04:00 AM

DatePrice
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)

YearNatural GasPropaneElectricityOilWoodSolarOther
202512,9631,7756,4409,8628398436
202412,9691,7206,25710,2746985423
202312,7531,6496,10510,5075770408
202212,7871,5505,80510,71113858419
202112,3181,4515,25110,85024720413
202012,2561,5874,48111,2002778394
201912,0811,4514,08211,3183026545
201812,2371,3143,60711,94328826547
201711,7541,2863,11512,65828321519
201611,6891,1112,79113,32030423425
201510,9631,0112,75313,99243429402
201410,2701,0372,79214,61153926274
20139,7951,0952,89415,2845508288
20129,2751,0952,71316,25156210283
20118,8671,1882,52017,07745023261

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, ME Heating Oil Delivery Map

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

Portland Heating Oil Prices FAQs

What is the best price per gallon of home heating oil in Portland Southern Maine?

The best price of home heating oil in Portland Southern Maine today is $2.92 per gallon. The price of heating oil in Portland Southern Maine ranges from a low of $2.92 to a high of $3.60. The average heating oil price in Maine state is $3.20.

Is the price of heating oil in Portland Southern Maine rising or falling?

The price of heating oil in Portland Southern Maine has risen by $0.010 over the last 7 days.

What is the average price of home heating oil in Portland Southern Maine?

The average price of home heating oil in Portland Southern Maine is $3.20 per gallon.

How much does 150 gallons of heating oil cost in Portland Southern Maine?

150 gallons of heating oil costs $479.55 in Portland Southern Maine.

What is the price of home heating oil today in Portland Southern Maine?

Today in Portland Southern Maine, the price of home heating oil is $2.92 per gallon, which amounts to $438.00 for a 150-gallon order (excluding any applicable taxes).

What is the current price of heating oil in Portland Southern Maine?

The current price of heating oil in Portland Southern Maine ranges from $2.92 to $3.60 per gallon, depending on the delivery address and the oil company. The average price is $3.20 per gallon.

Why are heating oil prices rising today in Portland Southern Maine?

Heating oil prices in Portland Southern Maine rose $0.010 over the last week because home heating oil demand in So. Portland is rising, but fuel inventories in local heating oil terminals is falling. (Updated December 26th, 2025).

How much is home heating oil right now in Portland Southern Maine?

The current price of home heating oil in Portland Southern Maine ranges from $2.92 to $3.60 per gallon for a 150-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 Southern Maine?

Heating oil prices have gone up in Portland Southern Maine by $0.01 per gallon over the past 1 days, which amounts to a $1.50 for a 150-gallon order.

How much is oil per gallon in Portland Southern Maine?

As of today, January 2nd, 2026, the price of oil is $2.92 per gallon for a 150-gallon order paid by credit card. Prices can vary from $2.92 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 Southern Maine?

Currently, the price of oil for heating in Portland Southern Maine ranges from $2.92 to $3.60 per gallon for a 150-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 Southern Maine?

There’s no limit to how high oil prices can go in Portland Southern Maine. Over the past year, Portland Southern Maine heating oil prices per gallon have risen as high as $4.94 for a 150-gallon order. This is $1.75 per gallon more than the current average price of $3.20, and $2.02 per gallon more than the lowest price currently available, which is $2.92. 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.