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Oil Companies
Oil Prices For Heating Oil Companies In Albany, NY
Updated Today at 08:00 AM
Albany Homeowner’s Guide to Selecting an Oil Company
For Albany residences heating with oil, picking which of the 30 heating oil companies that serve Albany can drastically impact the cost of home heating.
Full Service Oil Companies: Homeowners who are willing to pay a premium for a “set-it-and-forget-it” heating system pick 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 HVAC repair. With an automatic heating oil delivery contract, the company tracks your home’s number two heating oil consumption and makes deliveries when your tank is running low. The client 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 clients who are looking to save money. With discount oil companies, in return for better prices, you monitor the heating oil level in your tank, and you place an oil order when you're running low. Examples of 2 Albany cash heating oil companies serving Albany include Collins & Son Inc and J H Buhrmaster Company Inc.
Albany Fuel Oil Company Fast Facts: Heating oil Companies Serving Albany: 30 companies .
Average Number of Albany Households 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 changes yearly primarily depending on how cold each winter is. As the temperature outside dips, homes’ boilers need to burn increasing amounts of heating oil to maintain a constant interior temperature. 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 March 9, 2026
| Time Horizon | Price Change |
|---|---|
| 1 Week Trend | +$0.630 |
| 1 Month Trend | +$0.740 |
| 3 Month Trend | +$0.950 |
| 1 Year Trend | +$1.130 |
Average Albany Heating Oil Price History
Updated on March 9, 2026
| Date | Price |
|---|---|
| 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 |
| 06/02/2025 | $3.190 |
| 05/05/2025 | $3.240 |
| 04/21/2025 | $3.290 |
| 04/07/2025 | $3.440 |
| 03/31/2025 | $3.570 |
| 03/24/2025 | $3.560 |
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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
Homes have a choice of fuels that can be used when it comes to heating. Natural Gas is the most common choice in Albany, used by 44,245 or 65% of households. The next most popular primary heating fuel for Albany families is Electricity, used by 19,230 homes (28%). The rest of the 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
Heating oil has become decreasing in demand in Albany. In the 5 years since 2020, the number of homeowners using fuel oil decreased from 2,229 to 1,407, a 37% drop.
Propane vs. Natural Gas use for home heating in Albany
Between 2020 and today, the number of homes using propane as the primary space heating fuel rose from 1,343 to 1,631, a 21% change. Comparing 2020 and today, the number of homes using natural gas as the primary space heating fuel rose from 43,345 to 44,245, a 2% change.
Electricity use for home heating in Albany
Electric heat pump systems for home heating are gaining popularity in Albany. Since 2020, the number of homes heating with electricity increased from 15,141 to 19,230, a 27% change.
Adoption of solar home heating systems in Albany
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, 91 homes in Albany are heated with active solar arrays. This is a 469% gain from 2020, when 16 homes incorporated active solar heating.
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Oil Delivery
Albany, NY Heating Oil Delivery Map
Albany Heating Oil Delivery Overview
1,407 residences in Albany heat their homes with oil. This makes oil delivery essential, especially when Albany temperatures drop as low as 20.4° F each winter. 2.1% of Albany families depend on 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 Number Two Heating Oil Companies You Can Bank On
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 to keep warm throughout the winter. Oil delivery has two parts to it: 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 homes and businesses throughout Albany and the surrounding vicinity.
