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Oil Companies
Oil Prices For Heating Oil Companies In Peabody, MA
Updated on March 16, 2026 at 07:06 AM
Peabody Homeowner’s Guide to Selecting an Oil Company
For Peabody households heating with heating oil, selecting which of the 114 heating oil companies that serve Peabody can drastically impact the cost of home heating.
Full Service Oil Companies: Homeowners who prefer a “set-it-and-forget-it” heating system pick one of the 53 “full-service” oil companies that serve Peabody. Full service companies such as Firemans Fuel or Keohan Fuels & Transportation Inc offer families annual contracts which consist of a combined package of both automatic number two heating oil delivery and heating system repair. With an automatic heating 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: Often called “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 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. Some of the 2 Peabody cash heating oil companies serving Peabody include Ranco Enterpises and Maria's Oil.
Peabody Oil Company Statistics: Fuel oil Companies Serving Peabody: 114 companies .
Average Number of Peabody Households Served per Fuel Oil company : 46
Peabody, MA Heating Oil Trends
Last year, Peabody homeowners purchased a total of 6 million gallons of heating oil. Out of the 494 towns in Massachusetts, Peabody ranks 9th for home heating oil consumption.
Country-wide, Peabody ranks 37th out of 29,620 towns in America for heating oil consumption.
Short Term Trends
Peabody’s overall fuel oil use changes annually depending on winter temperatures. As the temperature outside dips, homes’ boilers need to burn more and more fuel oil to maintain the temperature that the thermostat is set to. Last winter, the average outside temperature in Peabody was 31.5°F, which was 4.3°F colder than the prior winter's average outside temperature.
Peabody Average Winter Temperature
| Heating Season | Average Temperature |
|---|---|
| 2024 - 2025 | 31.5° F |
| 2023 - 2024 | 35.8° F |
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Oil Prices
Average Peabody 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 Peabody 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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Heating Oil
20 Seconds Can Save Peabody Families $1,000+ On Oil Bills Every Year
Propane vs. Natural Gas vs. Heating Oil: Peabody Home Heating Fuel Comparison
Residences have a choice of fuels to choose from when it comes to heating. Natural Gas is the most popular choice in Peabody, used by 11,458 or 52% of families. The next most popular primary heating fuel for Peabody families is Heating Oil, used by 5,200 homes (23%). The rest of the homes are heated with Electricity (19%), Propane (3%), Other (2%), and Wood (0.4%).
Peabody Residential Primary Home Heating Fuel (in Number of Households)
| Year | Natural Gas | Propane | Electricity | Oil | Wood | Solar | Other |
|---|---|---|---|---|---|---|---|
| 2025 | 11,458 | 758 | 4,254 | 5,200 | 99 | 10 | 132 |
| 2024 | 11,458 | 730 | 4,085 | 5,445 | 99 | 5 | 122 |
| 2023 | 11,506 | 716 | 3,998 | 5,646 | 96 | 0 | 118 |
| 2022 | 11,350 | 604 | 4,031 | 6,178 | 62 | 0 | 129 |
| 2021 | 10,922 | 673 | 4,108 | 6,521 | 72 | 0 | 251 |
| 2020 | 10,498 | 677 | 3,763 | 6,574 | 69 | 0 | 217 |
| 2019 | 10,449 | 666 | 3,579 | 6,474 | 29 | 0 | 161 |
| 2018 | 10,262 | 515 | 3,605 | 6,783 | 36 | 0 | 167 |
| 2017 | 10,416 | 544 | 3,572 | 6,412 | 31 | 0 | 99 |
| 2016 | 10,480 | 442 | 3,471 | 6,670 | 32 | 0 | 55 |
| 2015 | 10,301 | 576 | 3,298 | 7,053 | 22 | 0 | 58 |
| 2014 | 9,930 | 603 | 3,509 | 7,214 | 35 | 0 | 70 |
| 2013 | 9,959 | 542 | 3,348 | 7,119 | 38 | 0 | 64 |
| 2012 | 9,573 | 507 | 3,184 | 7,548 | 41 | 0 | 138 |
| 2011 | 9,111 | 458 | 3,200 | 7,817 | 25 | 0 | 118 |
Heating Oil (Fuel Oil) Use in Peabody
Oil has become decreasing in demand in Peabody. In the 7 years since 2018, the number of residents using number two heating oil declined from 6,783 to 5,200, a 23% drop.
Propane vs. Natural Gas use for home heating in Peabody
Between 2018 and today, the number of houses using propane as the primary space heating fuel jumped from 515 to 758, a 47% change. Comparing 2018 and today, the number of homes using natural gas as the primary space heating fuel jumped from 10,262 to 11,458, a 12% change.
Electricity use for home heating in Peabody
Electric heat pump systems for home heating are more popular in Peabody. Since 2018, the number of homes heating with electricity grew from 3,605 to 4,254, a 18% change.
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Oil Delivery
Peabody, MA Heating Oil Delivery Map
Peabody Heating Oil Delivery Overview
5,200 families in Peabody heat their homes with number two heating oil. This makes oil delivery essential, especially when Peabody temperatures drop as low as 26.6° F each winter. 23% of Peabody families depend on number two heating oil delivery each winter.
23% of Peabody, MA Households Rely On Heating Oil Delivery Each Winter
| Peabody, MA Households | Peabody, MA Heating Oil Households |
|---|---|
| 22,151 | 5,200 |
114 Peabody Oil Companies You Can Bank On
With 582,115,837.988 gallons of number two heating oil delivered to Peabody houses the last heating season, the Peabody community relies on its 114 oil companies to keep warm throughout the winter. 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 Peabody, two of the closest terminals are Sprague W in Springfield, MA and Buckeye in Springfield, MA. Then, the truck delivers the oil to residences and companies throughout Peabody and the surrounding vicinity.
