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Cheapest heating oil price in Albany
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Oil Prices For Heating Oil Companies In Albany, NY
Albany Homeowner’s Guide to Selecting an Oil Company
For Albany residences heating with fuel oil, choosing which of the 30 heating oil companies that serve Albany can drastically impact the cost of home heating.
Full Service Oil Companies: Homeowners who can afford a “set-it-and-forget-it” heating system choose 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 clients annual contracts which consist of a combined package of both automatic oil delivery and furnace repair. With an automatic oil delivery contract, the company tracks your home’s oil consumption and makes deliveries when your tank is running low. The homeowner 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 customers 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 Statistics: Oil Companies Serving Albany: 30 companies .
Average Number of Albany Houses 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 fuel oil usage fluctuates yearly correlating with how cold it gets each winter. As the temperature outside gets colder, homes’ boilers need to burn more and more fuel oil to keep the house warm inside. 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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Average Albany Heating Oil Price Trends
Updated on July 27, 2026
| Time Horizon | Price Change |
|---|---|
| 1 Week Trend | +$0.490 |
| 1 Month Trend | -$0.050 |
| 3 Month Trend | +$0.980 |
| 1 Year Trend | +$1.640 |
Average Albany Heating Oil Price History
Updated on July 27, 2026
| Date | Price |
|---|---|
| 07/27/2026 | $5.040 |
| 07/13/2026 | $4.550 |
| 06/29/2026 | $4.380 |
| 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 |
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Propane vs. Natural Gas vs. Heating Oil: Albany Home Heating Fuel Comparison
Families have a host 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 homeowners. The next most popular primary heating fuel for Albany residents 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 (No. 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 less popular in Albany. In the 12 years since 2013, the number of households using heating oil dropped from 3,941 to 1,407, a 64% drop.
Propane vs. Natural Gas use for home heating in Albany
Between 2013 and today, the number of houses using propane as the primary space heating fuel grew from 993 to 1,631, a 64% change. Comparing 2013 and today, the number of homes using natural gas as the primary space heating fuel remained unchanged at 44,245, a 0% change.
Electricity use for home heating in Albany
Electric heat pump systems for home heating are more popular in Albany. Since 2013, the number of homes heating with electricity increased from 11,170 to 19,230, a 72% change.
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Albany, NY Heating Oil Delivery Map

Albany Heating Oil Delivery Overview
1,407 households in Albany heat their homes with heating oil. This makes oil delivery essential, especially when Albany temperatures drop as low as 20.4° F each winter. 2.1% of Albany families are reliant on fuel 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 Serving The Community
With 922,372 gallons of heating oil delivered to Albany homes the last heating season, the Albany community depends on its 30 oil companies when temperatures dip. 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 fuel oil to residences and companies throughout Albany and the surrounding region.