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Updated Today at 04:55 PM
Portland Heating Oil Prices from $2.69 per gallon/gal |
Lewiston Heating Oil Prices from $2.76 per gallon/gal |
South Portland Heating Oil Prices from $2.69 per gallon/gal |
Biddeford Heating Oil Prices from $2.69 per gallon/gal |
Auburn Heating Oil Prices from $3.00 per gallon/gal |
Brunswick Heating Oil Prices from $2.76 per gallon/gal |
Scarborough Heating Oil Prices from $2.69 per gallon/gal |
Saco Heating Oil Prices from $2.69 per gallon/gal |
Westbrook Heating Oil Prices from $2.69 per gallon/gal |
Windham Heating Oil Prices from $2.69 per gallon/gal |
Gorham Heating Oil Prices from $2.69 per gallon/gal |
Sanford Heating Oil Prices from $2.80 per gallon/gal |
Falmouth Heating Oil Prices from $2.69 per gallon/gal |
Kennebunk Heating Oil Prices from $2.79 per gallon/gal |
York Heating Oil Prices from $2.99 per gallon/gal |
Wells Heating Oil Prices from $2.79 per gallon/gal |
Cape Elizabeth Heating Oil Prices from $2.69 per gallon/gal |
Yarmouth Heating Oil Prices from $2.69 per gallon/gal |
Old Orchard Beach Heating Oil Prices from $2.69 per gallon/gal |
Freeport Heating Oil Prices from $2.69 per gallon/gal |
Buxton Heating Oil Prices from $2.69 per gallon/gal |
Kittery Heating Oil Prices from $2.99 per gallon/gal |
Kennebunkport Heating Oil Prices from $2.79 per gallon/gal |
Berwick Heating Oil Prices from $2.85 per gallon/gal |
Alfred Heating Oil Prices from $2.79 per gallon/gal |
Gray Heating Oil Prices from $2.69 per gallon/gal |
South Berwick Heating Oil Prices from $2.99 per gallon/gal |
Standish Heating Oil Prices from $2.69 per gallon/gal |
Eliot Heating Oil Prices from $2.99 per gallon/gal |
Sabattus Heating Oil Prices from $2.76 per gallon/gal |
Cumberland Center Heating Oil Prices from $2.69 per gallon/gal |
Lebanon Heating Oil Prices from $2.85 per gallon/gal |
Oxford Heating Oil Prices from $3.00 per gallon/gal |
Turner Heating Oil Prices from $3.00 per gallon/gal |
New Gloucester Heating Oil Prices from $2.89 per gallon/gal |
Poland Heating Oil Prices from $3.00 per gallon/gal |
Order Size (gallons) | Credit (per gallon)(/gal) | Cash (per gallon)(/gal) | Updated At |
---|---|---|---|
100 | $2.69 | $2.69 | Oct 31, 2024, 3:00 PM |
150 | $2.69 | $2.69 | Oct 31, 2024, 3:00 PM |
200 | $2.69 | $2.69 | Oct 31, 2024, 3:00 PM |
250 | $2.69 | $2.69 | Oct 31, 2024, 3:00 PM |
Updated Today at 12:00 AM
Time Horizon | Price Change |
---|---|
1 Day Trend | -$0.001 |
1 Week Trend | -$0.018 |
1 Month Trend | -$0.041 |
1 Year Trend | -$0.095 |
Updated Today at 12:00 AM
Date | Average Oil Price |
---|---|
10/31/2024 | $2.920 |
10/30/2024 | $2.920 |
10/29/2024 | $2.940 |
10/28/2024 | $2.940 |
10/27/2024 | $2.940 |
10/26/2024 | $2.940 |
10/25/2024 | $2.940 |
10/24/2024 | $2.930 |
10/23/2024 | $2.940 |
10/22/2024 | $2.930 |
10/21/2024 | $2.940 |
10/20/2024 | $2.940 |
10/19/2024 | $2.940 |
10/18/2024 | $2.940 |
10/17/2024 | $2.940 |
10/16/2024 | $2.950 |
10/15/2024 | $2.950 |
10/14/2024 | $2.950 |
10/13/2024 | $2.960 |
10/12/2024 | $2.960 |
10/11/2024 | $2.960 |
10/10/2024 | $2.940 |
10/09/2024 | $2.930 |
10/08/2024 | $2.930 |
10/07/2024 | $2.910 |
10/06/2024 | $2.880 |
10/05/2024 | $2.880 |
10/04/2024 | $2.880 |
10/03/2024 | $2.870 |
10/02/2024 | $2.850 |
Homeowners have a variety of home heating fuels to choose from. Heating oil is the most popular choice in Southern Maine, used by 167,298 or 58.18% of homes. The 2nd most popular choice for Southern Maine homeowners is propane, used by 37,433 homes (13.02%). The remaining homes are heated with natural gas (35,237), electricity (27,239), wood (16,273), and other fuels (8,182).
Southern Maine Primary Home Heating Fuel Popularity by Number of Households
Fuel | Southern Maine Households | % of Households |
---|---|---|
Heating Oil | 167,298 | 58.18% |
Propane | 37,433 | 13.02% |
Natural Gas | 35,237 | 12.25% |
Electricity | 27,239 | 9.47% |
Wood | 16,273 | 5.66% |
Other Fuels | 5,677 | 1.97% |
No Fuel | 1,418 | 0.49% |
Solar | 829 | 0.29% |
Coal | 258 | 0.09% |
Heating oil (58.18)
Propane (13.02)
Natural gas (12.25)
Electricity (9.47)
Wood (5.66)
Other fuels (1.97)
No fuel (0.49)
Solar (0.29)
Coal (0.09)
Heating oil has become less popular in Southern Maine. In the 6 years since 2016, the number of heating oil homes fell from 168,673 to 167,298, a 0.82% drop.
Southern Maine Heating Oil Households (2011 - 2022)
Year | Heating Oil Households |
---|---|
2011 | 189,578 |
2012 | 185,709 |
2013 | 180,656 |
2014 | 176,181 |
2015 | 172,110 |
2016 | 168,673 |
2017 | 166,348 |
2018 | 165,495 |
2019 | 164,647 |
2020 | 166,755 |
2021 | 166,603 |
2022 | 167,298 |
Between 2016 and today, the number of homes using propane as the primary space heating fuel rose from 24,978 to 37,433.
Between 2016 and today, the number of homes using natural gas as the primary space heating fuel rose from 28,987 to 35,237.
Electric space heating systems are becoming more popular in Southern Maine. Since 2016, the number of homes heating with electricity rose from 14,008 to 27,239, a 94.45% increase.
Solar is the most environmentally friendly of all space heating fuels. With an “active” solar heating system, liquid is circulated between solar panels on a home’s roof and a heat energy storage tank in the basement.
Currently, 829 homes in Southern Maine are heated with active solar arrays. This is a 249.79% increase from 2016, when only 237 homes had installed active solar heating.
Last year, Southern Maine homeowners purchased a total of 246 million gallons of heating oil.
Short Term Trends
Southern Maine’s overall heating oil use varies from year to year, primarily depending on how cold each winter is. As the temperature outside gets colder, homes’ heating systems need to burn more and more oil to keep homes warm. Last winter in Southern Maine, the average outside temperature was 12.6° F colder than the prior winter's average outside temperature.
Southern Maine Average Winter Temperature
Heating Season | Average Temperature |
---|---|
Winter 2023 - 2024 | 36.7° F |
Winter 2022 - 2023 | 49.3° F |
For Southern Maine homeowners heating with oil, selecting which of the 88 heating oil companies that serve Southern Maine is an important decision.
Full Service Oil Companies: Homeowners willing to pay a premium for a “set-it-and-forget-it” heating system choose one of the 13 “full-service” oil companies that serve Southern Maine. Full service companies such as Heatable or Heatable offer automatic fuel delivery and furnace repair under a single roof.
Discount Oil Companies: Also known by the names “COD Fuel Companies” or “Cash Heating Oil Companies”, these companies are for the budget-conscious Southern Maine homeowner. In return for better prices, you monitor the oil level in your tank and place an order when you run low on oil. Examples of cash heating oil companies that serve Southern Maine include Welch Oil Llc and Garthwaite Energy Inc.
Southern Maine Heating Oil Company Fast Facts
Heating Oil Companies Serving Southern Maine: 88 companies
Average Number Of Southern Maine Homes Served Per Company: 1,901 homes
Approximately 2,069,613 households in Southern Maine heat their homes with fuel oil. This makes oil delivery essential, especially when Southern Maine temperatures drop as low as 42.5° F each winter.
63% of Southern Maine Households Rely On Heating Oil Delivery Each Winter
Southern Maine Households | Southern Maine Heating Oil Households |
---|---|
3.2M | 2.0M |
88 Southern Maine Oil Companies Go the Distance
With 247 million gallons of heating oil delivered to Southern Maine homeowners during the winter of 2023, the Southern Maine community relies on its 88 oil companies to keep warm.
Oil delivery is a two step process: First, an oil truck picks up oil at the nearest bulk fuel terminal. In the case of Southern Maine, two of the closest terminals are Buckeye in Bangor, ME and Pbt in Brewer, ME. Then, the truck delivers the #2 heating oil to homes and businesses in Southern Maine.
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