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We promote residential heating oil savings in Rhode Island by providing real-time Rhode island heating oil prices and state-of-the-art secure online ordering.
Updated Today at 04:27 AM
Providence Heating Oil Prices from $2.80 per gallon/gal |
Warwick Heating Oil Prices from $2.80 per gallon/gal |
Pawtucket Heating Oil Prices from $2.80 per gallon/gal |
Cranston Heating Oil Prices from $2.80 per gallon/gal |
Woonsocket Heating Oil Prices from $2.80 per gallon/gal |
Cumberland Heating Oil Prices from $2.80 per gallon/gal |
Coventry Heating Oil Prices from $2.78 per gallon/gal |
Johnston Heating Oil Prices from $2.80 per gallon/gal |
West Warwick Heating Oil Prices from $2.78 per gallon/gal |
Newport Heating Oil Prices from $2.89 per gallon/gal |
Bristol Heating Oil Prices from $2.80 per gallon/gal |
East Providence Heating Oil Prices from $2.80 per gallon/gal |
North Kingstown Heating Oil Prices from $2.78 per gallon/gal |
Westerly Heating Oil Prices from $2.78 per gallon/gal |
Wakefield Heating Oil Prices from $2.78 per gallon/gal |
Central Falls Heating Oil Prices from $2.80 per gallon/gal |
East Greenwich Heating Oil Prices from $2.78 per gallon/gal |
Lincoln Heating Oil Prices from $2.80 per gallon/gal |
Portsmouth Heating Oil Prices from $2.89 per gallon/gal |
Riverside Heating Oil Prices from $2.80 per gallon/gal |
Barrington Heating Oil Prices from $2.80 per gallon/gal |
Middletown Heating Oil Prices from $2.89 per gallon/gal |
Tiverton Heating Oil Prices from $2.89 per gallon/gal |
North Providence Heating Oil Prices from $2.80 per gallon/gal |
Smithfield Heating Oil Prices from $2.80 per gallon/gal |
Narragansett Heating Oil Prices from $2.78 per gallon/gal |
North Smithfield Heating Oil Prices from $2.80 per gallon/gal |
Warren Heating Oil Prices from $2.80 per gallon/gal |
Rumford Heating Oil Prices from $2.80 per gallon/gal |
Chepachet Heating Oil Prices from $2.80 per gallon/gal |
Pascoag Heating Oil Prices from $2.80 per gallon/gal |
North Scituate Heating Oil Prices from $2.80 per gallon/gal |
Charlestown Heating Oil Prices from $2.78 per gallon/gal |
Kingston Heating Oil Prices from $2.78 per gallon/gal |
Greenville Heating Oil Prices from $2.80 per gallon/gal |
Saunderstown Heating Oil Prices from $2.78 per gallon/gal |
Order Size (gallons) | Credit (per gallon)(/gal) | Cash (per gallon)(/gal) | Updated At |
---|---|---|---|
100 | $2.78 | $2.80 | Dec 9, 2024, 3:00 PM |
150 | $2.78 | $2.80 | Dec 9, 2024, 3:00 PM |
200 | $2.78 | $2.80 | Dec 9, 2024, 3:00 PM |
250 | $2.78 | $2.80 | Dec 9, 2024, 3:00 PM |
Updated Today at 12:00 AM
Time Horizon | Price Change |
---|---|
1 Week Trend | +$0.026 |
1 Month Trend | +$0.095 |
1 Year Trend | -$0.152 |
Updated Today at 12:00 AM
Date | Average Oil Price |
---|---|
12/10/2024 | $2.942 |
12/09/2024 | $2.942 |
12/06/2024 | $2.948 |
12/05/2024 | $2.948 |
12/04/2024 | $2.915 |
12/03/2024 | $2.887 |
12/02/2024 | $2.916 |
11/29/2024 | $2.906 |
11/28/2024 | $2.975 |
11/27/2024 | $2.975 |
11/26/2024 | $2.969 |
11/25/2024 | $2.981 |
11/22/2024 | $2.872 |
11/21/2024 | $2.854 |
11/20/2024 | $2.888 |
11/19/2024 | $2.926 |
11/18/2024 | $2.918 |
11/15/2024 | $2.847 |
11/14/2024 | $2.869 |
11/13/2024 | $2.827 |
11/12/2024 | $2.871 |
11/11/2024 | $2.866 |
11/08/2024 | $2.847 |
11/07/2024 | $2.847 |
11/06/2024 | $2.847 |
11/05/2024 | $2.847 |
11/04/2024 | $2.847 |
11/01/2024 | $2.847 |
10/31/2024 | $2.847 |
10/30/2024 | $2.848 |
Homeowners have a variety of home heating fuels to choose from. Natural gas is the most popular choice in Rhode Island, used by 238,742 or 54.26% of homes. The 2nd most popular choice for Rhode Island homeowners is heating oil, used by 123,813 homes (28.14%). The remaining homes are heated with electricity (48,633), propane (20,429), wood (6,316), and other fuels (5,741).
Rhode Island Primary Home Heating Fuel Popularity by Number of Households
Fuel | Rhode Island Households | % of Households |
---|---|---|
Natural Gas | 238,742 | 54.3% |
Heating Oil | 123,813 | 28.1% |
Electricity | 48,633 | 11.1% |
Propane | 20,429 | 4.6% |
Wood | 6,316 | 1.4% |
Other Fuels | 2,906 | 0.7% |
No Fuel | 2,274 | 0.5% |
Solar | 368 | 0.1% |
Coal | 193 | 0.0% |
Natural gas (54.3%)
Heating oil (28.1%)
Electricity (11.1%)
Propane (4.6%)
Wood (1.4%)
Other fuels (0.7%)
No fuel (0.5%)
Solar (0.1%)
Coal (0.0%)
Heating oil has become less popular in Rhode Island. In the 8 years since 2014, the number of heating oil homes fell from 142,612 to 123,813, a 13.18% drop.
Rhode Island Heating Oil Households (2011 - 2022)
Year | Heating Oil Households |
---|---|
2011 | 157,426 |
2012 | 153,479 |
2013 | 147,768 |
2014 | 142,612 |
2015 | 137,451 |
2016 | 132,040 |
2017 | 128,844 |
2018 | 125,460 |
2019 | 122,583 |
2020 | 121,062 |
2021 | 122,289 |
2022 | 123,813 |
Between 2014 and today, the number of homes using propane as the primary space heating fuel rose from 9,590 to 20,429.
Between 2014 and today, the number of homes using natural gas as the primary space heating fuel rose from 209,409 to 238,742.
Electric space heating systems are becoming more popular in Rhode Island. Since 2014, the number of homes heating with electricity rose from 37,462 to 48,633, a 29.82% 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, 368 homes in Rhode Island are heated with active solar arrays. This is a 283.33% increase from 2014, when only 96 homes had installed active solar heating.
Last year, Rhode Island homeowners purchased a total of 92 million gallons of heating oil.
Short Term Trends
Rhode Island’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 Rhode Island, the average outside temperature was 15.8° F warmer than the prior winter's average outside temperature.
Rhode Island Average Winter Temperature
Heating Season | Average Temperature |
---|---|
Winter 2023 - 2024 | 52.4° F |
Winter 2022 - 2023 | 36.6° F |
For Rhode Island homeowners heating with oil, selecting which of the 49 heating oil companies that serve Rhode Island 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 14 “full-service” oil companies that serve Rhode Island. Full service companies such as Dudek Oil or Wildcat Oil Co 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 Rhode Island 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 Rhode Island include Helger's United Oil Co and Anchor Fuel Oil Inc.
Rhode Island Heating Oil Company Fast Facts
Heating Oil Companies Serving Rhode Island: 49 companies
Average Number Of Rhode Island Homes Served Per Company: 2,526 homes
Average Gallons Delivered per Rhode Island Oil Company: 1,875,324 gallons per year
Approximately 123,513 households in Rhode Island heat their homes with fuel oil. This makes oil delivery essential, especially when Rhode Island temperatures drop as low as 42.5° F each winter.
28% of Rhode Island Households Rely On Heating Oil Delivery Each Winter
Rhode Island Households | Rhode Island Heating Oil Households |
---|---|
439,442 | 123,513 |
49 Rhode Island Oil Companies Go the Distance
With 92 million gallons of heating oil delivered to Rhode Island homeowners during the winter of 2023, the Rhode Island community relies on its 49 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 Rhode Island, two of the closest terminals are Shell in Providence, RI and Sprague in Providence, RI. Then, the truck delivers the #2 heating oil to homes and businesses in Rhode Island.
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