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$5.34 Cheapest heating oil price in Portland
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Oil Prices For Heating Oil Companies In Portland, ME
| Heating Oil Company | Oil Price Per Gallon |
|---|
Portland Homeowner’s Guide to Selecting an Oil Company
For Portland Southern Maine homes heating with heating oil, choosing which of the 37 heating oil companies that serve Portland Southern Maine 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 7 “full-service” oil companies that serve Portland Southern Maine. Full service companies such as Hoffman Fuel Company Of Danbury or Westmore Fuel Co Inc offer clients annual contracts which consist of a combined package of both automatic heating oil delivery and boiler 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 family 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 households 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 the oil gauge dips below a quarter tank. Some of the 2 Portland Southern Maine cash heating oil companies serving Portland Southern Maine include Aldin Associates LP Inc and Alliance Energy LLC.
Portland Southern Maine Oil Company Fast Facts: Fuel oil Companies Serving Portland Southern Maine: 37 companies .
Average Number of Portland Southern Maine Houses Served per Number Two Heating Oil company : 267
Portland, ME Heating Oil Trends
Last year, Portland homeowners purchased a total of 8 million gallons of heating oil. Out of the 277 towns in Maine, Portland ranks 1st for home heating oil consumption.
Country-wide, Portland ranks 15th out of 29,620 towns in America for heating oil consumption.
Short Term Trends
Portland Southern Maine’s overall heating oil use fluctuates from year to year depending on winter temperatures. As the temperature outside gets colder, homes’ boilers need to burn increasing amounts of heating oil to keep the house warm inside. Last winter, the average outside temperature in Portland Southern Maine was 28.8°F, which was 4.3°F colder than the prior winter's average outside temperature.
Portland Average Winter Temperature
| Heating Season | Average Temperature |
|---|---|
| 2024 - 2025 | 28.8° F |
| 2023 - 2024 | 33.1° F |
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Cheapest Portland Heating Oil Price by Order Quantity
| Quantity | Price | Updated At |
|---|---|---|
| 100 gallonsgals | $5.34 per gallon/gal | Updated Today at 06:54 PM |
| 150 gallonsgals | $5.34 per gallon/gal | Updated Today at 06:54 PM |
| 200 gallonsgals | $5.34 per gallon/gal | Updated Today at 06:54 PM |
| 250 gallonsgals | $5.34 per gallon/gal | Updated Today at 06:54 PM |
Cheapest Portland Heating Oil Price Trends
Updated Today at 05:31 PM
| Time Horizon | Price Change |
|---|---|
| 1 Week Trend | -$0.039 |
| 1 Month Trend | +$1.551 |
| 1 Year Trend | +$2.800 |
Cheapest Portland Heating Oil Price History
Updated Today at 05:31 PM
| Date | Price |
|---|---|
| 10/16/2026 | $5.340 |
| 10/15/2026 | $5.340 |
| 10/14/2026 | $5.340 |
| 10/13/2026 | $5.340 |
| 10/12/2026 | $5.340 |
| 10/11/2026 | $5.379 |
| 10/10/2026 | $5.379 |
| 10/09/2026 | $5.379 |
| 10/08/2026 | $5.379 |
| 10/07/2026 | $5.379 |
| 10/05/2026 | $5.470 |
| 10/03/2026 | $5.470 |
| 09/23/2026 | $5.540 |
| 09/21/2026 | $5.570 |
| 09/21/2026 | $5.570 |
| 09/20/2026 | $5.570 |
| 09/19/2026 | $5.570 |
| 09/18/2026 | $5.570 |
| 09/17/2026 | $5.570 |
| 09/09/2026 | $4.840 |
| 09/07/2026 | $4.840 |
| 09/06/2026 | $4.840 |
| 09/05/2026 | $4.840 |
| 09/04/2026 | $4.840 |
| 09/03/2026 | $4.879 |
| 08/21/2026 | $4.589 |
| 07/25/2026 | $4.390 |
| 07/15/2026 | $4.159 |
| 07/13/2026 | $3.889 |
| 07/12/2026 | $3.789 |
Average Portland Heating Oil Price Trends
Updated on March 30, 2026
| Time Horizon | Price Change |
|---|---|
| 1 Week Trend | -$0.036 |
| 1 Month Trend | +$1.470 |
| 3 Month Trend | +$1.950 |
| 1 Year Trend | +$2.136 |
Average Portland Heating Oil Price History
Updated on March 30, 2026
| Date | Price |
|---|---|
| 03/30/2026 | $5.371 |
| 03/23/2026 | $5.407 |
| 03/16/2026 | $4.952 |
| 03/09/2026 | $4.778 |
| 03/02/2026 | $3.901 |
| 02/23/2026 | $3.795 |
| 02/16/2026 | $3.785 |
| 02/09/2026 | $3.758 |
| 02/02/2026 | $3.727 |
| 01/26/2026 | $3.509 |
| 01/19/2026 | $3.409 |
| 01/12/2026 | $3.410 |
| 01/05/2026 | $3.421 |
| 12/29/2025 | $3.414 |
| 12/22/2025 | $3.414 |
| 12/15/2025 | $3.429 |
| 12/08/2025 | $3.430 |
| 12/01/2025 | $3.431 |
| 11/24/2025 | $3.468 |
| 11/17/2025 | $3.392 |
| 11/10/2025 | $3.343 |
| 11/03/2025 | $3.292 |
| 10/27/2025 | $3.249 |
| 10/20/2025 | $3.235 |
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20 Seconds Can Save Portland Southern Maine Families $1,000+ On Oil Bills Every Year
Propane vs. Natural Gas vs. Heating Oil: Portland Southern Maine Home Heating Fuel Comparison
Residences have a host of fuels that can be used when it comes to heating. Natural Gas is the preferred choice in Portland Southern Maine, used by 12,963 or 41% of residents. The 2nd most popular primary heating fuel for Portland Southern Maine families is Heating Oil, used by 9,862 homes (31%). The rest of the homes are heated with Electricity (20%), Propane (6%), Other (2%), and Solar (0.3%).
Portland Residential Primary Home Heating Fuel (No. of Households)
| Year | Natural Gas | Propane | Electricity | Oil | Wood | Solar | Other |
|---|---|---|---|---|---|---|---|
| 2025 | 12,963 | 1,775 | 6,440 | 9,862 | 83 | 98 | 436 |
| 2024 | 12,969 | 1,720 | 6,257 | 10,274 | 69 | 85 | 423 |
| 2023 | 12,753 | 1,649 | 6,105 | 10,507 | 57 | 70 | 408 |
| 2022 | 12,787 | 1,550 | 5,805 | 10,711 | 138 | 58 | 419 |
| 2021 | 12,318 | 1,451 | 5,251 | 10,850 | 247 | 20 | 413 |
| 2020 | 12,256 | 1,587 | 4,481 | 11,200 | 277 | 8 | 394 |
| 2019 | 12,081 | 1,451 | 4,082 | 11,318 | 302 | 6 | 545 |
| 2018 | 12,237 | 1,314 | 3,607 | 11,943 | 288 | 26 | 547 |
| 2017 | 11,754 | 1,286 | 3,115 | 12,658 | 283 | 21 | 519 |
| 2016 | 11,689 | 1,111 | 2,791 | 13,320 | 304 | 23 | 425 |
| 2015 | 10,963 | 1,011 | 2,753 | 13,992 | 434 | 29 | 402 |
| 2014 | 10,270 | 1,037 | 2,792 | 14,611 | 539 | 26 | 274 |
| 2013 | 9,795 | 1,095 | 2,894 | 15,284 | 550 | 8 | 288 |
| 2012 | 9,275 | 1,095 | 2,713 | 16,251 | 562 | 10 | 283 |
| 2011 | 8,867 | 1,188 | 2,520 | 17,077 | 450 | 23 | 261 |
Heating Oil (Fuel Oil) Use in Portland Southern Maine
Number two heating oil has become less popular in Portland Southern Maine. In the 8 years since 2017, the number of families using fuel oil dipped from 12,658 to 9,862, a 22% drop.
Propane vs. Natural Gas use for home heating in Portland Southern Maine
Between 2017 and today, the number of houses using propane as the primary space heating fuel jumped from 1,286 to 1,775, a 38% change. Comparing 2017 and today, the number of homes using natural gas as the primary space heating fuel grew from 11,754 to 12,963, a 10% change.
Electricity use for home heating in Portland Southern Maine
Electric heat pump systems for home heating are more popular in Portland Southern Maine. Since 2017, the number of homes heating with electricity jumped from 3,115 to 6,440, a 107% change.
Adoption of solar home heating systems in Portland Southern Maine
Solar is the most environmentally friendly of all heating fuels. With an “active” solar heating system, liquid flows between solar panels on a home’s roof and a heat energy storage tank (similar to a hot water heater) in the basement. Currently, 98 homes in Portland Southern Maine are heated with active solar arrays. This is a 367% gain from 2017, when 21 homes had active solar heating.
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Portland, ME Heating Oil Delivery Map

Portland Southern Maine Heating Oil Delivery Overview
9,862 houses in Portland Southern Maine heat their homes with number two heating oil. This makes oil delivery essential, especially when Portland Southern Maine temperatures drop as low as 23.4° F each winter. 30.8% of Portland Southern Maine houses rely on fuel oil delivery each winter.
30.8% of Portland, ME Households Rely On Heating Oil Delivery Each Winter
| Portland, ME Households | Portland, ME Heating Oil Households |
|---|---|
| 31,993 | 9,862 |
37 Portland Southern Maine Number Two Heating Oil Companies You Can Trust
With 7,539,963 gallons of fuel oil delivered to Portland Southern Maine households last winter, the Portland Southern Maine community looks to its 37 oil companies to keep their oil tanks full. 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 Portland Southern Maine, two of the closest terminals are Sprague in Newington, NH and Sprague in So. Portland, ME. Then, the truck delivers the number two heating oil to residences and companies throughout Portland Southern Maine and the surrounding region.
Portland Heating Oil Prices FAQs
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