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$3.25 Cheapest heating oil price in Wakefield
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Oil Prices For Heating Oil Companies In Wakefield, MA
Updated Today at 01:00 PM
Wakefield Homeowner’s Guide to Selecting an Oil Company
For Wakefield residences heating with fuel oil, selecting which of the 144 heating oil companies that serve Wakefield makes a big difference.
Full Service Oil Companies: Homeowners who prefer a “set-it-and-forget-it” heating system select one of the 68 “full-service” oil companies that serve Wakefield. Full service companies such as Firemans Fuel or Keohan Fuels & Transportation Inc offer homeowners annual contracts which consist of a combined package of both automatic number two heating oil delivery and boiler repair. With an automatic fuel oil delivery contract, the company tracks your home’s number two heating 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: also referred to as “COD Fuel” or “Cash Heating Oil” companies, discount oil companies are for customers who are budget-conscious. With discount oil companies, in return for better prices, you monitor the fuel 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 Wakefield cash heating oil companies serving Wakefield include Ranco Enterpises and Maria's Oil.
Wakefield Fuel Oil Company Statistics: Number two heating oil Companies Serving Wakefield: 144 companies .
Average Number of Wakefield Households Served per Fuel Oil company : 24
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 use changes annually depending on winter temperatures. As the temperature outside dips, homes’ heating systems need to burn more and more heating oil to maintain the temperature that the thermostat is set to. 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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Cheapest Wakefield Heating Oil Price by Order Quantity
| Quantity | Price | Updated At |
|---|---|---|
| 100 gallonsgals | $3.25 per gallon/gal | Feb 23, 2026, 1:00 PM |
| 150 gallonsgals | $3.25 per gallon/gal | Feb 23, 2026, 1:00 PM |
| 200 gallonsgals | $3.25 per gallon/gal | Feb 23, 2026, 1:00 PM |
| 250 gallonsgals | $3.25 per gallon/gal | Feb 23, 2026, 1:00 PM |
Cheapest Wakefield Heating Oil Price Trends
Updated Today at 01:00 PM
| Time Horizon | Price Change |
|---|---|
| 1 Month Trend | +$0.650 |
| 1 Year Trend | +$0.300 |
Cheapest Wakefield Heating Oil Price History
Updated Today at 01:00 PM
| Date | Price |
|---|---|
| 02/23/2026 | $3.250 |
| 02/22/2026 | $3.250 |
| 02/21/2026 | $3.250 |
| 02/20/2026 | $3.250 |
| 02/19/2026 | $3.250 |
| 02/18/2026 | $3.250 |
| 02/17/2026 | $3.250 |
| 02/16/2026 | $3.250 |
| 02/15/2026 | $3.250 |
| 02/14/2026 | $3.250 |
| 02/13/2026 | $3.250 |
| 02/12/2026 | $3.250 |
| 02/11/2026 | $3.250 |
| 02/10/2026 | $3.250 |
| 02/09/2026 | $3.250 |
| 02/08/2026 | $3.250 |
| 02/07/2026 | $3.250 |
| 02/06/2026 | $3.250 |
| 02/05/2026 | $3.250 |
| 02/04/2026 | $3.250 |
| 02/03/2026 | $3.250 |
| 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 |
Average Wakefield Heating Oil Price Trends
Updated on February 16, 2026
| Time Horizon | Price Change |
|---|---|
| 1 Week Trend | -$0.016 |
| 1 Month Trend | +$0.415 |
| 3 Month Trend | +$0.432 |
| 1 Year Trend | +$0.227 |
Average Wakefield Heating Oil Price History
Updated on February 16, 2026
| Date | Price |
|---|---|
| 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 |
| 03/03/2025 | $3.943 |
| 02/24/2025 | $3.987 |
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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 host of fuels to choose from when it comes to heating. Natural Gas is the preferred choice in Wakefield, used by 5,199 or 47% of residents. The 2nd most popular primary heating fuel for Wakefield households is Heating Oil, used by 3,513 homes (32%). The remaining 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 losing popularity in Wakefield. In the 2 years since 2023, the number of homeowners using oil fell from 3,776 to 3,513, a 7% drop.
Propane vs. Natural Gas use for home heating in Wakefield
Between 2023 and today, the number of homes using propane as the primary space heating fuel shot up from 282 to 314, a 11% change. Comparing 2023 and today, the number of homes using natural gas as the primary space heating fuel dipped from 5,240 to 5,199, a 1% change.
Electricity use for home heating in Wakefield
Electric heat pump systems for home heating are more popular in Wakefield. Since 2023, the number of homes heating with electricity increased from 1,630 to 1,743, a 7% change.
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Wakefield, MA Heating Oil Delivery Map

Wakefield Heating Oil Delivery Overview
3,513 residences in Wakefield heat their homes with number two heating oil. This makes oil delivery essential, especially when Wakefield temperatures drop as low as 24.8° F each winter. 32% of Wakefield houses 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 |
144 Wakefield Fuel Oil Companies Homeowners Can Count On
With 582,115,837.988 gallons of heating oil delivered to Wakefield families during this past winter, the Wakefield community looks to its 144 oil companies to keep their oil tanks full. 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 #2 heating oil to homes and businesses throughout Wakefield and the surrounding region.
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