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Oil Companies
Oil Prices For Heating Oil Companies In Albany, NY
Albany Homeowner’s Guide to Selecting an Oil Company
For Albany homeowners heating with fuel oil, selecting which of the 30 heating oil companies that serve Albany plays a big role in determining how much money is spent on heating each winter.
Full Service Oil Companies: Homeowners who prefer a “set-it-and-forget-it” heating system select one of the 17 “full-service” oil companies that serve Albany. Full service companies such as Wever Petroleum Inc or H & M Oil Co Inc Hoffman & Miller Oil Co offer households annual contracts which consist of a combined package of both automatic fuel oil delivery and heating system repair. With an automatic oil delivery contract, the company tracks your home’s fuel 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 households who are looking to save money. With discount oil companies, in return for better prices, you monitor the 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 Albany cash heating oil companies serving Albany include Collins & Son Inc and J H Buhrmaster Company Inc.
Albany Heating Oil Company Fast Facts: Heating oil Companies Serving Albany: 30 companies .
Average Number of Albany Homes Served per Heating Oil company : 47
Albany, NY Heating Oil Trends
Last year, Albany homeowners purchased a total of 922,372 gallons of heating oil. Out of the 1008 towns in New York, Albany ranks 146th for home heating oil consumption.
Country-wide, Albany ranks 907th out of 29,620 towns in America for heating oil consumption.
Short Term Trends
Albany’s overall number two heating oil usage varies yearly correlating with how cold it gets each winter. As the temperature outside gets colder, homes’ HVAC systems need to burn increasing amounts of oil to maintain the temperature that the thermostat is set to. Last winter, the average outside temperature in Albany was 26.6°F, which was 6°F colder than the prior winter's average outside temperature.
Albany Average Winter Temperature
| Heating Season | Average Temperature |
|---|---|
| 2024 - 2025 | 26.6° F |
| 2023 - 2024 | 32.6° F |
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Oil Prices
Average Albany Heating Oil Price Trends
Updated on June 8, 2026
| Time Horizon | Price Change |
|---|---|
| 1 Week Trend | -$0.220 |
| 1 Month Trend | -$0.340 |
| 3 Month Trend | +$0.920 |
| 1 Year Trend | +$1.400 |
Average Albany Heating Oil Price History
Updated on June 8, 2026
| Date | Price |
|---|---|
| 06/08/2026 | $4.870 |
| 05/25/2026 | $5.090 |
| 05/11/2026 | $5.070 |
| 04/27/2026 | $4.950 |
| 04/16/2026 | $5.210 |
| 03/30/2026 | $4.950 |
| 03/23/2026 | $5.020 |
| 03/16/2026 | $4.730 |
| 03/09/2026 | $4.690 |
| 03/02/2026 | $4.060 |
| 02/23/2026 | $4.040 |
| 02/16/2026 | $3.970 |
| 02/09/2026 | $3.950 |
| 02/02/2026 | $3.950 |
| 01/26/2026 | $3.750 |
| 01/19/2026 | $3.640 |
| 01/12/2026 | $3.620 |
| 01/05/2026 | $3.640 |
| 12/29/2025 | $3.640 |
| 12/22/2025 | $3.670 |
| 12/15/2025 | $3.730 |
| 12/08/2025 | $3.740 |
| 12/01/2025 | $3.710 |
| 11/24/2025 | $3.790 |
| 11/10/2025 | $3.730 |
| 11/03/2025 | $3.700 |
| 10/27/2025 | $3.620 |
| 10/20/2025 | $3.560 |
| 10/13/2025 | $3.600 |
| 10/06/2025 | $3.620 |
| 09/29/2025 | $3.440 |
| 09/22/2025 | $3.400 |
| 07/21/2025 | $3.460 |
| 07/07/2025 | $3.410 |
| 06/23/2025 | $3.470 |
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Heating Oil
20 Seconds Can Save Albany Families $1,000+ On Oil Bills Every Year
Propane vs. Natural Gas vs. Heating Oil: Albany Home Heating Fuel Comparison
Homeowners have a variety of fuels to choose from when it comes to heating. Natural Gas is the most common choice in Albany, used by 44,245 or 65% of homeowners. The next most popular primary heating fuel for Albany residents is Electricity, used by 19,230 homes (28%). The remaining homes are heated with Propane (2%), Heating Oil (2%), Other (2%), and Wood (0.2%).
Albany Residential Primary Home Heating Fuel (in Number of Households)
| Year | Natural Gas | Propane | Electricity | Oil | Wood | Solar | Other |
|---|---|---|---|---|---|---|---|
| 2025 | 44,245 | 1,631 | 19,230 | 1,407 | 140 | 91 | 574 |
| 2024 | 44,222 | 1,521 | 18,606 | 1,431 | 121 | 64 | 563 |
| 2023 | 43,993 | 1,406 | 18,126 | 1,428 | 98 | 38 | 546 |
| 2022 | 43,715 | 1,468 | 17,965 | 1,779 | 112 | 7 | 529 |
| 2021 | 43,982 | 1,579 | 16,225 | 1,981 | 150 | 17 | 401 |
| 2020 | 43,345 | 1,343 | 15,141 | 2,229 | 135 | 16 | 351 |
| 2019 | 44,582 | 1,109 | 13,661 | 2,654 | 161 | 58 | 491 |
| 2018 | 45,075 | 1,020 | 13,200 | 2,659 | 148 | 41 | 485 |
| 2017 | 45,474 | 867 | 12,542 | 2,999 | 172 | 37 | 454 |
| 2016 | 45,554 | 706 | 12,151 | 3,143 | 130 | 28 | 354 |
| 2015 | 44,824 | 790 | 12,109 | 3,380 | 149 | 31 | 303 |
| 2014 | 44,487 | 891 | 11,818 | 3,633 | 161 | 0 | 355 |
| 2013 | 44,349 | 993 | 11,170 | 3,941 | 146 | 0 | 292 |
| 2012 | 44,333 | 1,040 | 10,938 | 4,208 | 144 | 0 | 252 |
| 2011 | 45,093 | 1,094 | 10,303 | 4,625 | 153 | 0 | 310 |
Heating Oil (Fuel Oil) Use in Albany
Number two heating oil has become decreasing in demand in Albany. In the 9 years since 2016, the number of households using oil fell from 3,143 to 1,407, a 55% drop.
Propane vs. Natural Gas use for home heating in Albany
Between 2016 and today, the number of homes using propane as the primary space heating fuel jumped from 706 to 1,631, a 131% change. Comparing 2016 and today, the number of homes using natural gas as the primary space heating fuel dipped from 45,554 to 44,245, a 3% change.
Electricity use for home heating in Albany
Electric heat pump systems for home heating are increasing in demand in Albany. Since 2016, the number of homes heating with electricity ramped up from 12,151 to 19,230, a 58% change.
Adoption of solar home heating systems in Albany
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. Currently, 91 homes in Albany are heated with active solar arrays. This is a 225% gain from 2016, when 28 homes had active solar heating.
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Oil Delivery
Albany, NY Heating Oil Delivery Map
Albany Heating Oil Delivery Overview
1,407 houses in Albany heat their homes with number two heating oil. This makes oil delivery essential, especially when Albany temperatures drop as low as 20.4° F each winter. 2.1% of Albany homes are reliant on heating oil delivery each winter.
2.1% of Albany, NY Households Rely On Heating Oil Delivery Each Winter
| Albany, NY Households | Albany, NY Heating Oil Households |
|---|---|
| 67,856 | 1,407 |
30 Albany Fuel Oil Companies Go The Distance
With 922,372 gallons of number two heating oil delivered to Albany residences during this past winter, the Albany community looks to its 30 oil companies when temperatures dip. Oil delivery can be summed up in two steps: First, an oil truck picks up oil at the nearest bulk fuel terminal (also known as a “rack”). In the case of Albany, two of the closest terminals are Sprague in Bridgeport, CT and N.h.term in New Haven, CT. Then, the truck delivers the number two heating oil to residences and companies throughout Albany and the surrounding region.
