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Oil Companies
Oil Prices For Heating Oil Companies In Wakefield, MA
Updated on March 15, 2026 at 12:06 PM
Wakefield Homeowner’s Guide to Selecting an Oil Company
For Wakefield residences heating with heating oil, selecting which of the 143 heating oil companies that serve Wakefield plays a big role in determining how much money is spent on heating each winter.
Full Service Oil Companies: Homeowners who want a “set-it-and-forget-it” heating system choose one of the 67 “full-service” oil companies that serve Wakefield. 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 fuel oil consumption and makes deliveries when your tank is running low. The customer 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 households who are on a budget. With discount oil companies, in exchange for lower prices, you monitor the heating oil level in your tank, and you place an oil order when the oil gauge dips below a quarter tank. Examples of 2 Wakefield cash heating oil companies serving Wakefield include Ranco Enterpises and Maria's Oil.
Wakefield Heating Oil Company By The Numbers: Number two heating oil Companies Serving Wakefield: 143 companies .
Average Number of Wakefield Households Served per Fuel Oil company : 25
Wakefield, MA Heating Oil Trends
Last year, Wakefield homeowners purchased a total of 3 million gallons of heating oil. Out of the 494 towns in Massachusetts, Wakefield ranks 37th for home heating oil consumption.
Country-wide, Wakefield ranks 147th out of 29,620 towns in America for heating oil consumption.
Short Term Trends
Wakefield’s overall heating oil usage changes each year depending on winter temperatures. As the temperature outside drops, homes’ boilers need to burn more and more heating oil to maintain a constant interior temperature. Last winter, the average outside temperature in Wakefield was 30.4°F, which was 4.6°F colder than the prior winter's average outside temperature.
Wakefield Average Winter Temperature
| Heating Season | Average Temperature |
|---|---|
| 2024 - 2025 | 30.4° F |
| 2023 - 2024 | 35° F |
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Oil Prices
Average Wakefield 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 Wakefield 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 Wakefield Families $1,000+ On Oil Bills Every Year
Propane vs. Natural Gas vs. Heating Oil: Wakefield Home Heating Fuel Comparison
Residences have a variety of fuels to choose from when it comes to heating. Natural Gas is the most popular choice in Wakefield, used by 5,199 or 47% of residents. The 2nd most popular primary heating fuel for Wakefield families is Heating Oil, used by 3,513 homes (32%). The other homes are heated with Electricity (16%), Propane (3%), Other (1%), and Wood (0.4%).
Wakefield Residential Primary Home Heating Fuel (in Number of Households)
| Year | Natural Gas | Propane | Electricity | Oil | Wood | Solar | Other |
|---|---|---|---|---|---|---|---|
| 2025 | 5,199 | 314 | 1,743 | 3,513 | 39 | 8 | 41 |
| 2024 | 5,199 | 295 | 1,685 | 3,666 | 36 | 4 | 36 |
| 2023 | 5,240 | 282 | 1,630 | 3,776 | 33 | 0 | 32 |
| 2022 | 5,186 | 243 | 1,485 | 3,853 | 5 | 0 | 22 |
| 2021 | 5,300 | 276 | 1,403 | 3,869 | 12 | 0 | 28 |
| 2020 | 4,865 | 240 | 1,198 | 4,128 | 13 | 0 | 20 |
| 2019 | 4,633 | 294 | 1,178 | 4,331 | 32 | 0 | 29 |
| 2018 | 4,828 | 264 | 1,025 | 4,323 | 37 | 0 | 45 |
| 2017 | 4,597 | 241 | 998 | 4,416 | 28 | 0 | 40 |
| 2016 | 4,263 | 230 | 991 | 4,404 | 16 | 0 | 44 |
| 2015 | 4,376 | 175 | 843 | 4,348 | 33 | 0 | 64 |
| 2014 | 4,083 | 97 | 742 | 4,769 | 52 | 0 | 55 |
| 2013 | 3,702 | 153 | 760 | 5,081 | 56 | 0 | 45 |
| 2012 | 3,481 | 143 | 704 | 5,332 | 71 | 0 | 28 |
| 2011 | 3,550 | 116 | 634 | 5,553 | 73 | 0 | 31 |
Heating Oil (Fuel Oil) Use in Wakefield
Heating oil has become less popular in Wakefield. In the 7 years since 2018, the number of homeowners using number two heating oil fell from 4,323 to 3,513, a 19% drop.
Propane vs. Natural Gas use for home heating in Wakefield
Between 2018 and today, the number of homes using propane as the primary space heating fuel grew from 264 to 314, a 19% change. Comparing 2018 and today, the number of homes using natural gas as the primary space heating fuel grew from 4,828 to 5,199, a 8% change.
Electricity use for home heating in Wakefield
Electric heat pump systems for home heating are gaining popularity in Wakefield. Since 2018, the number of homes heating with electricity jumped from 1,025 to 1,743, a 70% change.
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Oil Delivery
Wakefield, MA Heating Oil Delivery Map
Wakefield Heating Oil Delivery Overview
3,513 residences in Wakefield heat their homes with oil. This makes oil delivery essential, especially when Wakefield temperatures drop as low as 24.8° F each winter. 32% of Wakefield homes depend on heating oil delivery each winter.
32% of Wakefield, MA Households Rely On Heating Oil Delivery Each Winter
| Wakefield, MA Households | Wakefield, MA Heating Oil Households |
|---|---|
| 10,957 | 3,513 |
143 Wakefield Oil Companies Homeowners Can Count On
With 582,115,837.988 gallons of fuel oil delivered to Wakefield homeowners during this past winter, the Wakefield community depends on its 143 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 Wakefield, two of the closest terminals are Sprague W in Springfield, MA and Buckeye in Springfield, MA. Then, the truck delivers the oil to homes and businesses throughout Wakefield and the surrounding region.
