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Cheapest heating oil price in Lowell
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Oil Prices For Heating Oil Companies In Lowell, MA
Updated on March 3, 2026 at 01:00 PM
Lowell Homeowner’s Guide to Selecting an Oil Company
For Lowell residences heating with heating oil, choosing which of the 59 heating oil companies that serve Lowell makes a big difference.
Full Service Oil Companies: Homeowners who value a “set-it-and-forget-it” heating system choose one of the 34 “full-service” oil companies that serve Lowell. 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 heating oil delivery and furnace repair. With an automatic oil delivery contract, the company tracks your home’s oil consumption and makes deliveries when your tank is running low. The homeowner does not need to monitor the level of the oil tank or place individual orders.
Discount Oil Companies: also referred to as “COD Fuel” or “Cash Heating Oil” companies, discount oil companies are for households who are on a budget. 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 when the oil gauge dips below a quarter tank. Some of the 2 Lowell cash heating oil companies serving Lowell include Maria's Oil and Dunn Oil Co Inc.
Lowell Number Two Heating Oil Company Fast Facts: Heating oil Companies Serving Lowell: 59 companies .
Average Number of Lowell Houses Served per Fuel Oil company : 34
Lowell, MA Heating Oil Trends
Last year, Lowell homeowners purchased a total of 2 million gallons of heating oil. Out of the 494 towns in Massachusetts, Lowell ranks 77th for home heating oil consumption.
Country-wide, Lowell ranks 281st out of 29,620 towns in America for heating oil consumption.
Short Term Trends
Lowell’s overall heating oil use fluctuates from year to year primarily depending on how cold each winter is. As the temperature outside gets more chilly, homes’ boilers need to burn additional fuel oil to maintain a constant interior temperature. Last winter, the average outside temperature in Lowell was 29.4°F, which was 4.6°F colder than the prior winter's average outside temperature.
Lowell Average Winter Temperature
| Heating Season | Average Temperature |
|---|---|
| 2024 - 2025 | 29.4° F |
| 2023 - 2024 | 34° F |
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Average Lowell Heating Oil Price Trends
Updated on February 23, 2026
| Time Horizon | Price Change |
|---|---|
| 1 Week Trend | -$0.007 |
| 1 Month Trend | +$0.227 |
| 3 Month Trend | +$0.360 |
| 1 Year Trend | +$0.424 |
Average Lowell Heating Oil Price History
Updated on February 23, 2026
| Date | Price |
|---|---|
| 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 Lowell Families $1,000+ On Oil Bills Every Year
Propane vs. Natural Gas vs. Heating Oil: Lowell Home Heating Fuel Comparison
Homeowners have a host of fuels that can be used when it comes to heating. Natural Gas is the most popular choice in Lowell, used by 28,639 or 66% of households. The next most popular primary heating fuel for Lowell families is Electricity, used by 10,746 homes (25%). The remaining homes are heated with Heating Oil (5%), Propane (3%), Other (1%), and Coal (0.2%).
Lowell Residential Primary Home Heating Fuel (in Number of Households)
| Year | Natural Gas | Propane | Electricity | Oil | Wood | Solar | Other |
|---|---|---|---|---|---|---|---|
| 2025 | 28,639 | 1,103 | 10,746 | 1,989 | 71 | 102 | 208 |
| 2024 | 28,639 | 1,051 | 10,365 | 2,046 | 60 | 92 | 191 |
| 2023 | 28,538 | 994 | 10,061 | 2,092 | 49 | 81 | 171 |
| 2022 | 28,552 | 1,053 | 9,706 | 2,295 | 77 | 66 | 207 |
| 2021 | 28,890 | 1,010 | 9,172 | 2,533 | 85 | 45 | 172 |
| 2020 | 28,308 | 839 | 7,857 | 2,540 | 103 | 95 | 162 |
| 2019 | 27,713 | 645 | 7,602 | 2,803 | 120 | 77 | 216 |
| 2018 | 27,477 | 614 | 7,084 | 3,040 | 61 | 68 | 187 |
| 2017 | 27,734 | 597 | 6,835 | 3,157 | 75 | 78 | 197 |
| 2016 | 27,538 | 562 | 6,611 | 3,381 | 88 | 52 | 231 |
| 2015 | 26,873 | 501 | 6,579 | 3,808 | 82 | 18 | 267 |
| 2014 | 26,852 | 547 | 6,451 | 4,152 | 69 | 18 | 222 |
| 2013 | 27,233 | 560 | 6,670 | 4,199 | 76 | 0 | 283 |
| 2012 | 27,467 | 466 | 6,370 | 4,520 | 45 | 0 | 222 |
| 2011 | 27,845 | 426 | 5,939 | 4,756 | 27 | 0 | 239 |
Heating Oil (Fuel Oil) Use in Lowell
Heating oil has become decreasing in demand in Lowell. In the 13 years since 2012, the number of families using oil dropped from 4,520 to 1,989, a 56% drop.
Propane vs. Natural Gas use for home heating in Lowell
Between 2012 and today, the number of households using propane as the primary space heating fuel shot up from 466 to 1,103, a 137% change. Comparing 2012 and today, the number of homes using natural gas as the primary space heating fuel increased from 27,467 to 28,639, a 4% change.
Electricity use for home heating in Lowell
Electric heat pump systems for home heating are more popular in Lowell. Since 2012, the number of homes heating with electricity grew from 6,370 to 10,746, a 69% change.
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Lowell, MA Heating Oil Delivery Map

Lowell Heating Oil Delivery Overview
1,989 homes in Lowell heat their homes with number two heating oil. This makes oil delivery essential, especially when Lowell temperatures drop as low as 23.5° F each winter. 5% of Lowell homes rely on number two heating oil delivery each winter.
5% of Lowell, MA Households Rely On Heating Oil Delivery Each Winter
| Lowell, MA Households | Lowell, MA Heating Oil Households |
|---|---|
| 43,311 | 1,989 |
59 Lowell Fuel Oil Companies You Can Bank On
With 582,115,837.988 gallons of oil delivered to Lowell residences during this past winter, the Lowell community relies on its 59 oil companies to keep warm throughout the winter. Oil delivery is a two step process: First, an oil truck picks up oil at the nearest bulk fuel terminal (also known as a “rack”). In the case of Lowell, 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 Lowell and the surrounding area.