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Oil Companies
Oil Prices For Heating Oil Companies In Peabody, MA
Updated Today at 01:15 PM
Peabody Homeowner’s Guide to Selecting an Oil Company
For Peabody residences heating with oil, choosing which of the 114 heating oil companies that serve Peabody is an important decision.
Full Service Oil Companies: Homeowners who can afford a “set-it-and-forget-it” heating system select one of the 53 “full-service” oil companies that serve Peabody. Full service companies such as Firemans Fuel or Keohan Fuels & Transportation Inc offer clients annual contracts which consist of a combined package of both automatic number two heating oil delivery and HVAC repair. With an automatic number two 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 customers who are looking to save money. With discount oil companies, in return for better prices, you monitor the oil level in your tank, and you place an oil order when the oil gauge dips below a quarter tank. Examples of 2 Peabody cash heating oil companies serving Peabody include Ranco Enterpises and Maria's Oil.
Peabody Oil Company By The Numbers: Oil Companies Serving Peabody: 114 companies .
Average Number of Peabody Households Served per Number Two Heating 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 heating oil usage fluctuates annually based on the severity of the winter. As the temperature outside drops, homes’ furnaces need to burn additional 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
Cheapest Peabody Heating Oil Price by Order Quantity
| Quantity | Price | Updated At |
|---|---|---|
| 100 gallonsgals | $3.25 per gallon/gal | Feb 2, 2026, 1:15 PM |
| 150 gallonsgals | $3.25 per gallon/gal | Feb 2, 2026, 1:15 PM |
| 200 gallonsgals | $3.25 per gallon/gal | Feb 2, 2026, 1:15 PM |
| 250 gallonsgals | $3.25 per gallon/gal | Feb 2, 2026, 1:15 PM |
Cheapest Peabody Heating Oil Price Trends
Updated Today at 06:15 PM
| Time Horizon | Price Change |
|---|---|
| 1 Week Trend | +$0.400 |
| 1 Month Trend | +$0.550 |
Cheapest Peabody Heating Oil Price History
Updated Today at 06:15 PM
| Date | Price |
|---|---|
| 02/02/2026 | $3.250 |
| 02/01/2026 | $3.250 |
| 01/31/2026 | $3.250 |
| 01/30/2026 | $3.250 |
| 01/29/2026 | $2.850 |
| 01/28/2026 | $2.850 |
| 01/27/2026 | $2.850 |
| 01/26/2026 | $2.850 |
| 01/25/2026 | $2.850 |
| 01/24/2026 | $2.850 |
| 01/23/2026 | $2.850 |
| 01/22/2026 | $2.600 |
| 01/21/2026 | $2.600 |
| 01/20/2026 | $2.600 |
| 01/19/2026 | $2.600 |
| 01/18/2026 | $2.600 |
| 01/17/2026 | $2.600 |
| 01/16/2026 | $2.600 |
| 01/15/2026 | $2.600 |
| 01/14/2026 | $2.600 |
| 01/13/2026 | $2.600 |
| 01/12/2026 | $2.700 |
| 01/11/2026 | $2.700 |
| 01/10/2026 | $2.700 |
| 01/09/2026 | $2.700 |
| 01/08/2026 | $2.700 |
| 01/07/2026 | $2.700 |
| 01/06/2026 | $2.700 |
| 01/05/2026 | $2.700 |
| 01/04/2026 | $2.700 |
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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 variety of fuels that can be used when it comes to heating. Natural Gas is the preferred choice in Peabody, used by 11,458 or 52% of homeowners. The 2nd most popular primary heating fuel for Peabody homeowners is Heating Oil, used by 5,200 homes (23%). The other 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
Heating oil has become less frequently used in Peabody. In the 1 years since 2024, the number of homeowners using fuel oil dropped from 5,445 to 5,200, a 4% drop.
Propane vs. Natural Gas use for home heating in Peabody
Between 2024 and today, the number of households using propane as the primary space heating fuel rose from 730 to 758, a 4% change. Comparing 2024 and today, the number of homes using natural gas as the primary space heating fuel stayed the same at 11,458, a 0% change.
Electricity use for home heating in Peabody
Electric heat pump systems for home heating are increasing in demand in Peabody. Since 2024, the number of homes heating with electricity grew from 4,085 to 4,254, a 4% change.
Adoption of solar home heating systems in Peabody
Out of all fuels, solar is the safest for the environment. 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. Currently, 10 homes in Peabody are heated with active solar arrays. This is a 100% gain from 2024, when 5 homes used active solar heating.
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Oil Delivery
Peabody, MA Heating Oil Delivery Map
Peabody Heating Oil Delivery Overview
5,200 homes 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 are reliant on 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 Heating Oil Companies Go The Distance
With 582,115,837.988 gallons of oil delivered to Peabody houses during this past winter, the Peabody community looks to its 114 oil companies to keep warm throughout the winter. 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 Peabody, 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 homes and businesses throughout Peabody and the surrounding region.
Peabody Heating Oil Prices FAQs
What is the best price per gallon of home heating oil in Peabody?
The best price of home heating oil in Peabody today is $3.25 per gallon. The price of heating oil in Peabody ranges from a low of $3.25 to a high of $3.98. The average heating oil price in Massachusetts state is $3.77.
Is the price of heating oil in Peabody rising or falling?
The price of heating oil in Peabody has risen by $0.265 over the last 7 days.
What is the average price of home heating oil in Peabody?
The average price of home heating oil in Peabody is $3.77 per gallon.
How much does 150 gallons of heating oil cost in Peabody?
150 gallons of heating oil costs $565.20 in Peabody.
What is the price of home heating oil today in Peabody?
Today in Peabody, the price of home heating oil is $3.25 per gallon, which amounts to $487.50 for a 150-gallon order (excluding any applicable taxes).
What is the current price of heating oil in Peabody?
The current price of heating oil in Peabody ranges from $3.25 to $3.98 per gallon, depending on the delivery address and the oil company. The average price is $3.77 per gallon.
Why are heating oil prices rising today in Peabody?
Heating oil prices in Peabody rose $0.265 over the last week because home heating oil demand in Newington is rising, but fuel inventories in local heating oil terminals is falling. (Updated January 26th, 2026).
How much is home heating oil right now in Peabody?
The current price of home heating oil in Peabody ranges from $3.25 to $3.98 per gallon for a 150-gallon order paid by credit card. Prices can vary based on location, and cash or volume discounts may be available.
Is heating oil going up or down in Peabody?
Heating oil prices have gone up in Peabody by $0.27 per gallon over the past 1 days, which amounts to a $39.75 for a 150-gallon order.
How much is oil per gallon in Peabody?
As of today, February 2nd, 2026, the price of oil is $3.25 per gallon for a 150-gallon order paid by credit card. Prices can vary from $3.25 to $3.98 per gallon, depending on factors such as delivery address, oil company, order size, and payment method.
How much is oil for heat in Peabody?
Currently, the price of oil for heating in Peabody ranges from $3.25 to $3.98 per gallon for a 150-gallon delivery. Some oil companies offer various discounts, including cash discounts, volume discounts, military discounts, and senior discounts.
How high will oil go in Peabody?
There’s no limit to how high oil prices can go in Peabody. Over the past year, Peabody heating oil prices per gallon have risen as high as $4.94 for a 150-gallon order. This is $1.18 per gallon more than the current average price of $3.77, and $1.69 per gallon more than the lowest price currently available, which is $3.25. Home heating oil prices fluctuate daily based on several factors, including demand, local fuel inventories at terminals (such as CITGO), and the price of crude oil.
