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Oil Prices For Heating Oil Companies In Watertown, MA
Updated on March 15, 2026 at 12:06 PM
Watertown Homeowner’s Guide to Selecting an Oil Company
For Watertown homes heating with heating oil, choosing which of the 165 heating oil companies that serve Watertown can drastically impact the cost of home heating.
Full Service Oil Companies: Homeowners who value a “set-it-and-forget-it” heating system select one of the 83 “full-service” oil companies that serve Watertown. Full service companies such as Firemans Fuel or Keohan Fuels & Transportation Inc offer homeowners annual contracts which consist of a combined package of both automatic heating oil delivery and boiler repair. With an automatic number two heating oil delivery contract, the company tracks your home’s fuel 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: also referred to as “COD Fuel” or “Cash Heating Oil” companies, discount oil companies are for clients who are looking to save money. 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 either when the level runs low or just before a major snowstorm. Examples of 2 Watertown cash heating oil companies serving Watertown include Ranco Enterpises and Maria's Oil.
Watertown Oil Company Statistics: Oil Companies Serving Watertown: 165 companies .
Average Number of Watertown Homes Served per Heating Oil company : 11
Watertown, MA Heating Oil Trends
Last year, Watertown homeowners purchased a total of 2 million gallons of heating oil. Out of the 494 towns in Massachusetts, Watertown ranks 100th for home heating oil consumption.
Country-wide, Watertown ranks 340th out of 29,620 towns in America for heating oil consumption.
Short Term Trends
Watertown’s overall oil usage changes annually depending on winter temperatures. As the temperature outside gets more chilly, homes’ boilers need to burn increasing amounts of number two heating oil to maintain a constant interior temperature. Last winter, the average outside temperature in Watertown was 30.9°F, which was 4.3°F colder than the prior winter's average outside temperature.
Watertown Average Winter Temperature
| Heating Season | Average Temperature |
|---|---|
| 2024 - 2025 | 30.9° F |
| 2023 - 2024 | 35.2° F |
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Average Watertown Heating Oil Price Trends
Updated on March 9, 2026
| Time Horizon | Price Change |
|---|---|
| 1 Week Trend | +$1.033 |
| 1 Month Trend | +$1.213 |
| 3 Month Trend | +$1.619 |
| 1 Year Trend | +$1.660 |
Average Watertown Heating Oil Price History
Updated on March 9, 2026
| Date | Price |
|---|---|
| 03/09/2026 | $5.443 |
| 03/02/2026 | $4.410 |
| 02/23/2026 | $4.207 |
| 02/16/2026 | $4.214 |
| 02/09/2026 | $4.230 |
| 02/02/2026 | $4.145 |
| 01/26/2026 | $3.980 |
| 01/19/2026 | $3.799 |
| 01/12/2026 | $3.741 |
| 01/05/2026 | $3.757 |
| 12/29/2025 | $3.751 |
| 12/22/2025 | $3.768 |
| 12/15/2025 | $3.806 |
| 12/08/2025 | $3.824 |
| 12/01/2025 | $3.815 |
| 11/24/2025 | $3.847 |
| 11/17/2025 | $3.782 |
| 11/10/2025 | $3.760 |
| 11/03/2025 | $3.631 |
| 10/27/2025 | $3.612 |
| 10/20/2025 | $3.548 |
| 10/13/2025 | $3.561 |
| 10/06/2025 | $3.481 |
| 09/29/2025 | $3.730 |
| 09/22/2025 | $3.673 |
| 09/15/2025 | $3.712 |
| 09/08/2025 | $3.693 |
| 09/01/2025 | $3.691 |
| 08/25/2025 | $3.728 |
| 08/18/2025 | $3.621 |
| 08/11/2025 | $3.672 |
| 08/04/2025 | $3.698 |
| 07/28/2025 | $3.784 |
| 07/21/2025 | $3.890 |
| 07/14/2025 | $3.771 |
| 07/07/2025 | $3.791 |
| 06/30/2025 | $3.651 |
| 06/23/2025 | $3.660 |
| 06/16/2025 | $3.831 |
| 06/09/2025 | $3.526 |
| 06/02/2025 | $3.447 |
| 05/26/2025 | $3.462 |
| 05/19/2025 | $3.537 |
| 05/12/2025 | $3.440 |
| 05/05/2025 | $3.462 |
| 04/28/2025 | $3.665 |
| 04/21/2025 | $3.605 |
| 04/14/2025 | $3.590 |
| 04/07/2025 | $3.541 |
| 03/31/2025 | $3.708 |
| 03/24/2025 | $3.755 |
| 03/17/2025 | $3.783 |
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20 Seconds Can Save Watertown Families $1,000+ On Oil Bills Every Year
Propane vs. Natural Gas vs. Heating Oil: Watertown Home Heating Fuel Comparison
Homeowners have a variety of fuels that can be used when it comes to heating. Natural Gas is the preferred choice in Watertown, used by 11,378 or 69% of families. The next most popular primary heating fuel for Watertown residents is Electricity, used by 2,173 homes (13%). The remaining homes are heated with Heating Oil (11%), Propane (4%), Other (2%), and Coal (0.4%).
Watertown Residential Primary Home Heating Fuel (in Number of Households)
| Year | Natural Gas | Propane | Electricity | Oil | Wood | Solar | Other |
|---|---|---|---|---|---|---|---|
| 2025 | 11,378 | 676 | 2,173 | 1,738 | 45 | 30 | 186 |
| 2024 | 11,378 | 658 | 2,102 | 1,849 | 45 | 26 | 186 |
| 2023 | 11,218 | 637 | 2,013 | 1,973 | 45 | 22 | 181 |
| 2022 | 10,946 | 639 | 1,790 | 2,206 | 61 | 17 | 222 |
| 2021 | 10,729 | 786 | 1,755 | 2,526 | 46 | 0 | 179 |
| 2020 | 10,706 | 718 | 1,850 | 2,812 | 48 | 0 | 88 |
| 2019 | 10,204 | 541 | 1,680 | 3,073 | 40 | 0 | 65 |
| 2018 | 9,816 | 556 | 1,760 | 3,301 | 37 | 0 | 77 |
| 2017 | 9,483 | 532 | 1,765 | 3,349 | 18 | 19 | 30 |
| 2016 | 8,954 | 489 | 1,808 | 3,379 | 18 | 18 | 29 |
| 2015 | 8,525 | 474 | 1,675 | 3,600 | 0 | 17 | 42 |
| 2014 | 8,838 | 491 | 1,509 | 3,516 | 14 | 20 | 56 |
| 2013 | 8,598 | 471 | 1,424 | 3,645 | 14 | 17 | 63 |
| 2012 | 8,137 | 398 | 1,336 | 4,085 | 30 | 0 | 67 |
| 2011 | 8,126 | 342 | 1,322 | 4,230 | 29 | 0 | 63 |
Heating Oil (Fuel Oil) Use in Watertown
Oil has become decreasing in demand in Watertown. In the 8 years since 2017, the number of homeowners using fuel oil fell from 3,349 to 1,738, a 48% drop.
Propane vs. Natural Gas use for home heating in Watertown
Between 2017 and today, the number of households using propane as the primary space heating fuel ramped up from 532 to 676, a 27% change. Comparing 2017 and today, the number of homes using natural gas as the primary space heating fuel ramped up from 9,483 to 11,378, a 20% change.
Electricity use for home heating in Watertown
Electric heat pump systems for home heating are more popular in Watertown. Since 2017, the number of homes heating with electricity rose from 1,765 to 2,173, a 23% change.
Adoption of solar home heating systems in Watertown
Out of all fuels, solar is the safest for the environment. 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. Now, 30 homes in Watertown are heated with active solar arrays. This is a 58% gain from 2017, when 19 homes utilized active solar heating.
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Watertown, MA Heating Oil Delivery Map

Watertown Heating Oil Delivery Overview
1,738 residences in Watertown heat their homes with oil. This makes oil delivery essential, especially when Watertown temperatures drop as low as 25.3° F each winter. 11% of Watertown families rely on number two heating oil delivery each winter.
11% of Watertown, MA Households Rely On Heating Oil Delivery Each Winter
| Watertown, MA Households | Watertown, MA Heating Oil Households |
|---|---|
| 16,376 | 1,738 |
165 Watertown Oil Companies Go The Distance
With 582,115,837.988 gallons of number two heating oil delivered to Watertown residences during this past winter, the Watertown community depends on its 165 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 Watertown, two of the closest terminals are Sprague W in Springfield, MA and Buckeye in Springfield, MA. Then, the truck delivers the #2 heating oil to residences and companies throughout Watertown and the surrounding region.