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Oil Companies
Richmond Homeowner’s Guide to Selecting an Oil Company
For Richmond homes heating with oil, choosing which of the 5 heating oil companies that serve Richmond makes a big difference.
Full Service Oil Companies: Homeowners who prefer a “set-it-and-forget-it” heating system select one of the 1 “full-service” oil companies that serve Richmond. Full service companies such as Hungerford Heating & Cooling or 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 fuel oil consumption and makes deliveries when your tank is running low. The household does not need to monitor the level of the oil tank or place individual orders.
Discount Oil Companies: also referred to as “COD Fuel” or “Cash Heating Oil” companies, discount oil companies are for homeowners who are budget-conscious. 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. Some of the 2 Richmond cash heating oil companies serving Richmond include Southside Fuel Inc and J M Pollard.
Richmond Heating Oil Company By The Numbers: Number two heating oil Companies Serving Richmond: 5 companies .
Average Number of Richmond Households Served per Fuel Oil company : 1318
Richmond, VA Heating Oil Trends
Last year, Richmond homeowners purchased a total of 5 million gallons of heating oil. Out of the 44 towns in Virginia, Richmond ranks 1st for home heating oil consumption.
Country-wide, Richmond ranks 54th out of 29,620 towns in America for heating oil consumption.
Short Term Trends
Richmond’s overall heating oil usage fluctuates from year to year correlating with how cold it gets each winter. As the temperature outside drops, homes’ furnaces need to burn additional fuel oil to maintain the temperature that the thermostat is set to. Last winter, the average outside temperature in Richmond was 39.4°F, which was 4.2°F colder than the prior winter's average outside temperature.
Richmond Average Winter Temperature
| Heating Season | Average Temperature |
|---|---|
| 2024 - 2025 | 39.4° F |
| 2023 - 2024 | 43.6° F |
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Oil Prices
Average Richmond Heating Oil Price Trends
Updated on March 30, 2026
| Time Horizon | Price Change |
|---|---|
| 1 Week Trend | +$0.068 |
| 1 Month Trend | +$1.395 |
| 3 Month Trend | +$1.629 |
| 1 Year Trend | +$1.650 |
Average Richmond Heating Oil Price History
Updated on March 30, 2026
| Date | Price |
|---|---|
| 03/30/2026 | $5.277 |
| 03/23/2026 | $5.209 |
| 03/16/2026 | $4.855 |
| 03/09/2026 | $4.646 |
| 03/02/2026 | $3.882 |
| 02/23/2026 | $3.737 |
| 02/16/2026 | $3.730 |
| 02/09/2026 | $3.745 |
| 02/02/2026 | $3.734 |
| 01/26/2026 | $3.664 |
| 01/19/2026 | $3.641 |
| 01/12/2026 | $3.642 |
| 01/05/2026 | $3.648 |
| 12/29/2025 | $3.647 |
| 12/22/2025 | $3.655 |
| 12/15/2025 | $3.656 |
| 12/08/2025 | $3.673 |
| 12/01/2025 | $3.684 |
| 11/24/2025 | $3.697 |
| 11/17/2025 | $3.666 |
| 11/10/2025 | $3.647 |
| 11/03/2025 | $3.632 |
| 10/27/2025 | $3.610 |
| 10/20/2025 | $3.627 |
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Heating Oil
Save on Heating Oil: Compare Prices from 5 Richmond Suppliers
Propane vs. Natural Gas vs. Heating Oil: Richmond Home Heating Fuel Comparison
Homeowners have a host of fuels that can be used when it comes to heating. Electricity is the most popular choice in Richmond, used by 111,699 or 64% of homeowners. The 2nd most popular primary heating fuel for Richmond households is Natural Gas, used by 51,579 homes (30%). The remaining homes are heated with Heating Oil (4%), Propane (1%), Other (1%), and Wood (0.3%).
Richmond Residential Primary Home Heating Fuel (No. of Households)
| Year | Natural Gas | Propane | Electricity | Oil | Wood | Solar | Other |
|---|---|---|---|---|---|---|---|
| 2025 | 51,579 | 2,411 | 111,699 | 6,588 | 527 | 176 | 643 |
| 2024 | 51,527 | 2,278 | 111,004 | 6,834 | 533 | 167 | 636 |
| 2023 | 51,091 | 2,163 | 108,478 | 7,062 | 544 | 156 | 632 |
| 2022 | 51,636 | 1,951 | 105,653 | 7,759 | 485 | 137 | 587 |
| 2021 | 51,083 | 1,848 | 102,526 | 8,367 | 537 | 62 | 494 |
| 2020 | 49,229 | 1,620 | 95,442 | 8,801 | 402 | 38 | 504 |
| 2019 | 50,699 | 1,712 | 92,738 | 9,351 | 360 | 31 | 273 |
| 2018 | 51,963 | 1,685 | 89,925 | 10,017 | 347 | 20 | 347 |
| 2017 | 52,947 | 1,432 | 87,390 | 10,855 | 336 | 31 | 414 |
| 2016 | 53,741 | 1,433 | 85,340 | 11,012 | 378 | 31 | 402 |
| 2015 | 53,049 | 1,382 | 82,574 | 11,977 | 418 | 24 | 355 |
| 2014 | 53,559 | 1,302 | 79,508 | 12,841 | 500 | 26 | 444 |
| 2013 | 53,866 | 1,426 | 76,990 | 13,531 | 557 | 29 | 337 |
| 2012 | 54,024 | 1,415 | 74,872 | 14,733 | 667 | 12 | 357 |
| 2011 | 55,158 | 1,545 | 72,379 | 16,000 | 675 | 50 | 317 |
Heating Oil (Fuel Oil) Use in Richmond
Heating oil has become less popular in Richmond. In the 9 years since 2016, the number of families using heating oil dipped from 11,012 to 6,588, a 40% drop.
Propane vs. Natural Gas use for home heating in Richmond
Between 2016 and today, the number of houses using propane as the primary space heating fuel jumped from 1,433 to 2,411, a 68% change. Comparing 2016 and today, the number of homes using natural gas as the primary space heating fuel declined from 53,741 to 51,579, a 4% change.
Electricity use for home heating in Richmond
Electric heat pump systems for home heating are increasing in demand in Richmond. Since 2016, the number of homes heating with electricity jumped from 85,340 to 111,699, a 31% change.
Adoption of solar home heating systems in Richmond
Solar is the most environmentally friendly of all 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 (similar to a hot water heater) in the basement. As it stands today, 176 homes in Richmond are heated with active solar arrays. This is a 468% gain from 2016, when 31 homes incorporated active solar heating.
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Oil Delivery
Richmond, VA Heating Oil Delivery Map
Richmond Heating Oil Delivery Overview
6,588 households in Richmond heat their homes with oil. This makes oil delivery essential, especially when Richmond temperatures drop as low as 32.8° F each winter. 3.8% of Richmond residences depend on number two heating oil delivery each winter.
3.8% of Richmond, VA Households Rely On Heating Oil Delivery Each Winter
| Richmond, VA Households | Richmond, VA Heating Oil Households |
|---|---|
| 174,773 | 6,588 |
5 Richmond Heating Oil Companies You Can Trust
With 3,294,000 gallons of fuel oil delivered to Richmond residences during this past winter, the Richmond community depends on its 5 oil companies to keep their oil tanks full. 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 Richmond, two of the closest terminals are Motiva in Fairfax, VA and Buckeye in Baltimore, MD. Then, the truck delivers the oil to residences and companies throughout Richmond and the surrounding region.
