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Cheapest heating oil price in Spencer
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Oil Prices For Heating Oil Companies In Spencer, MA
Updated on March 15, 2026 at 12:06 PM
Spencer Homeowner’s Guide to Selecting an Oil Company
For Spencer homeowners heating with oil, picking which of the 33 heating oil companies that serve Spencer is an important decision.
Full Service Oil Companies: Homeowners who value a “set-it-and-forget-it” heating system choose one of the 16 “full-service” oil companies that serve Spencer. Full service companies such as Al's Oil Service or RiteWay Heating Cooling & Plumbing Inc offer households annual contracts which consist of a combined package of both automatic fuel oil delivery and furnace repair. With an automatic number two heating oil delivery contract, the company tracks your home’s number two 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 families who are on a budget. With discount oil companies, in return for better prices, you monitor the oil level in your tank, and you place an oil order when you're running low. Some of the 2 Spencer cash heating oil companies serving Spencer include Crowley Fuel Co Inc and Red Star Oil Co.
Spencer Heating Oil Company Fast Facts: Number two heating oil Companies Serving Spencer: 33 companies .
Average Number of Spencer Houses Served per Heating Oil company : 66
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Average Spencer 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 Spencer 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 Spencer Families $1,000+ On Oil Bills Every Year
Propane vs. Natural Gas vs. Heating Oil: Spencer Home Heating Fuel Comparison
Residences have a choice of fuels to choose from when it comes to heating. Heating Oil is the preferred choice in Spencer, used by 2,185 or 42% of households. The next most popular primary heating fuel for Spencer homeowners is Electricity, used by 1,496 homes (28%). The remaining homes are heated with Natural Gas (18%), Propane (5%), Wood (3%), and Other (3%).
Spencer Residential Primary Home Heating Fuel (in Number of Households)
| Year | Natural Gas | Propane | Electricity | Oil | Wood | Solar | Other |
|---|---|---|---|---|---|---|---|
| 2025 | 949 | 254 | 1,496 | 2,185 | 180 | 16 | 84 |
| 2024 | 923 | 243 | 1,444 | 2,185 | 180 | 14 | 82 |
| 2023 | 894 | 235 | 1,428 | 2,225 | 179 | 12 | 76 |
| 2022 | 893 | 312 | 1,325 | 2,144 | 191 | 12 | 121 |
| 2021 | 1,033 | 273 | 1,188 | 2,304 | 217 | 12 | 117 |
| 2020 | 1,133 | 294 | 1,039 | 2,149 | 282 | 15 | 144 |
| 2019 | 1,327 | 247 | 897 | 1,917 | 346 | 0 | 102 |
| 2018 | 1,351 | 272 | 817 | 2,017 | 297 | 0 | 69 |
| 2017 | 1,468 | 186 | 692 | 2,081 | 382 | 0 | 119 |
| 2016 | 1,247 | 187 | 704 | 2,132 | 355 | 0 | 81 |
| 2015 | 1,108 | 195 | 648 | 2,203 | 405 | 0 | 97 |
| 2014 | 1,223 | 149 | 520 | 2,309 | 338 | 0 | 98 |
| 2013 | 1,120 | 146 | 585 | 2,236 | 304 | 0 | 115 |
| 2012 | 1,132 | 121 | 658 | 2,445 | 220 | 0 | 74 |
| 2011 | 1,267 | 120 | 696 | 2,297 | 196 | 0 | 80 |
Heating Oil (Fuel Oil) Use in Spencer
Fuel oil has become losing popularity in Spencer. In the 4 years since 2021, the number of households using heating oil dropped from 2,304 to 2,185, a 5% drop.
Propane vs. Natural Gas use for home heating in Spencer
Between 2021 and today, the number of homes using propane as the primary space heating fuel dipped from 273 to 254, a 7% change. Comparing 2021 and today, the number of homes using natural gas as the primary space heating fuel dropped from 1,033 to 949, a 8% change.
Electricity use for home heating in Spencer
Electric heat pump systems for home heating are more prevalent in Spencer. Since 2021, the number of homes heating with electricity shot up from 1,188 to 1,496, a 26% change.
Adoption of solar home heating systems in Spencer
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. Currently, 16 homes in Spencer are heated with active solar arrays. This is a 33% gain from 2021, when 12 homes utilized active solar heating.
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Spencer, MA Heating Oil Delivery Map

Spencer Heating Oil Delivery Overview
2,185 families in Spencer heat their homes with heating oil. This makes oil delivery essential, especially when Spencer temperatures drop as low as 21.6° F each winter. 42% of Spencer houses rely on number two heating oil delivery each winter.
42% of Spencer, MA Households Rely On Heating Oil Delivery Each Winter
| Spencer, MA Households | Spencer, MA Heating Oil Households |
|---|---|
| 5,256 | 2,185 |
33 Spencer Oil Companies You Can Bank On
With 582,115,837.988 gallons of oil delivered to Spencer houses during this past winter, the Spencer community looks to its 33 oil companies when temperatures dip. Oil delivery has two parts to it: First, an oil truck picks up oil at the nearest bulk fuel terminal (also known as a “rack”). In the case of Spencer, two of the closest terminals are Sprague W in Springfield, MA and Buckeye in Springfield, MA. Then, the truck delivers the fuel oil to homes and businesses throughout Spencer and the surrounding region.