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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 number two heating 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 want 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 families annual contracts which consist of a combined package of both automatic heating oil delivery and furnace repair. With an automatic fuel oil delivery contract, the company tracks your home’s 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 customers who are budget-conscious. With discount oil companies, in return for better prices, you monitor the number two heating oil level in your tank, and you place an oil order when you're running low. Some of the 2 Albany cash heating oil companies serving Albany include Collins & Son Inc and J H Buhrmaster Company Inc.
Albany Number Two Heating Oil Company Fast Facts: Number two heating oil Companies Serving Albany: 30 companies .
Average Number of Albany Houses Served per Fuel 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 heating oil usage changes each year as winter conditions change. As the temperature outside gets colder, homes’ furnaces need to burn additional heating 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
Homeowners have a host of fuels that can be used when it comes to heating. Natural Gas is the most popular choice in Albany, used by 44,245 or 65% of households. The 2nd 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 (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
Number two heating oil has become less popular in Albany. In the 6 years since 2019, the number of families using oil decreased from 2,654 to 1,407, a 47% drop.
Propane vs. Natural Gas use for home heating in Albany
Between 2019 and today, the number of households using propane as the primary space heating fuel shot up from 1,109 to 1,631, a 47% change. Comparing 2019 and today, the number of homes using natural gas as the primary space heating fuel dropped from 44,582 to 44,245, a 1% change.
Electricity use for home heating in Albany
Electric heat pump systems for home heating are more popular in Albany. Since 2019, the number of homes heating with electricity grew from 13,661 to 19,230, a 41% 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 57% gain from 2019, when 58 homes used active solar heating.
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Albany, NY Heating Oil Delivery Map

Albany Heating Oil Delivery Overview
1,407 families 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 homes rely 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 Oil Companies Serving The Community
With 922,372 gallons of number two heating oil delivered to Albany houses during this past winter, the Albany community relies on its 30 oil companies when temperatures dip. Oil delivery is a two step process: 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 area.