Cheapest Rhode Island Heating Oil Price Trends
Updated on March 3, 2026
| Time Horizon | Price Change |
|---|---|
| 1 Day Trend | +$0.400 |
| 1 Week Trend | +$0.430 |
| 1 Month Trend | +$0.910 |
| 1 Year Trend | +$1.050 |
Cheapest Rhode Island Heating Oil Price History
Updated on March 3, 2026
| Date | Price |
|---|---|
| 03/02/2026 | $3.850 |
| 03/01/2026 | $3.450 |
| 02/26/2026 | $3.450 |
| 02/25/2026 | $3.450 |
| 02/24/2026 | $3.450 |
| 02/23/2026 | $3.420 |
| 02/22/2026 | $3.420 |
| 02/19/2026 | $3.420 |
| 02/18/2026 | $3.420 |
| 02/17/2026 | $3.330 |
| 02/16/2026 | $3.330 |
| 02/15/2026 | $3.330 |
| 02/12/2026 | $3.450 |
| 02/11/2026 | $3.450 |
| 02/10/2026 | $3.450 |
| 02/09/2026 | $3.450 |
| 02/08/2026 | $3.450 |
| 02/05/2026 | $3.450 |
| 02/04/2026 | $3.450 |
| 02/03/2026 | $3.450 |
| 02/02/2026 | $3.450 |
| 02/01/2026 | $3.340 |
| 01/29/2026 | $3.340 |
| 01/28/2026 | $3.340 |
| 01/27/2026 | $3.250 |
| 01/26/2026 | $3.190 |
| 01/25/2026 | $3.180 |
| 01/22/2026 | $3.090 |
| 01/21/2026 | $3.090 |
| 01/20/2026 | $2.940 |
Propane vs. Natural Gas vs. Heating Oil: Rhode Island Home Heating Fuel Comparison
Households have a variety of fuels that can be used when it comes to heating. Natural Gas is the preferred choice in Rhode Island, used by 235,913 or 53% of households. The next most popular primary heating fuel for Rhode Island residents is Heating Oil, used by 108,766 homes (24%). The remaining homes are heated with Electricity (16%), Propane (6%), Other (1%), and Wood (1%).
Heating Oil (Fuel Oil) Use in Rhode Island
Oil has become less frequently used in Rhode Island. In the 7 years since 2018, the number of families using oil decreased from 117,880 to 108,766, a 8% drop.
Propane vs. Natural Gas use for home heating in Rhode Island
Between 2018 and today, the number of households using propane as the primary space heating fuel rose from 11,618 to 24,676, a 112% change. Comparing 2018 and today, the number of homes using natural gas as the primary space heating fuel rose from 226,173 to 235,913, a 4% change.
Electricity use for home heating in Rhode Island
Electric heat pump systems for home heating are gaining popularity in Rhode Island. Since 2018, the number of homes heating with electricity grew from 41,491 to 70,606, a 70% change.
Adoption of solar home heating systems in Rhode Island
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. Today, 1,046 homes in Rhode Island are heated with active solar arrays. This is a 234% gain from 2018, when 313 homes incorporated active solar heating.
Rhode Island Homeowner’s Guide to Selecting an Oil Company
For Rhode Island residences heating with heating oil, picking which of the 55 heating oil companies that serve Rhode Island is an important decision.
Full Service Oil Companies: Homeowners who want a “set-it-and-forget-it” heating system pick one of the 15 “full-service” oil companies that serve Rhode Island. Full service companies such as Dudek Oil or Wildcat Oil Co offer families annual contracts which consist of a combined package of both automatic number two heating oil delivery and boiler repair. With an automatic oil delivery contract, the company tracks your home’s heating 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 known by the names “COD Fuel” or “Cash Heating Oil” companies, discount oil companies are for homeowners who are looking to save money. With discount oil companies, in exchange for lower 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. Examples of 2 Rhode Island cash heating oil companies serving Rhode Island include Helger's United Oil Co and Anchor Fuel Oil Inc.
Rhode Island Fuel Oil Company By The Numbers: Oil Companies Serving Rhode Island: 55 companies .
Average Number of Rhode Island Homes Served per Number Two Heating Oil company : 1978
Rhode Island Heating Oil Delivery Overview
108,766 households in Rhode Island heat their homes with fuel oil. This makes oil delivery essential, especially when Rhode Island temperatures drop as low as 26.7° F each winter. 24% of Rhode Island houses rely on oil delivery each winter.
24% of Rhode Island Households Rely On Heating Oil Delivery Each Winter
| Rhode Island Households | Rhode Island Heating Oil Households |
|---|---|
| 448,157 | 108,766 |
55 Rhode Island Heating Oil Companies You Can Trust
With 91,890,913.275 gallons of oil delivered to Rhode Island homes the last heating season, the Rhode Island community depends on its 55 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 Rhode Island, two of the closest terminals are Shell in Providence, RI and Sprague in Providence, RI. Then, the truck delivers the fuel oil to residences and companies throughout Rhode Island and the surrounding region.
