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Cheapest Rhode Island Heating Oil Price Trends

Updated Today

Time HorizonPrice Change
1 Week Trend-$0.100
1 Month Trend-$0.142
1 Year Trend+$0.154

Cheapest Rhode Island Heating Oil Price History

Updated Today

DatePrice
12/17/2025 $2.850
12/16/2025 $2.850
12/15/2025 $2.890
12/14/2025 $2.890
12/11/2025 $2.920
12/10/2025 $2.950
12/09/2025 $2.950
12/08/2025 $3.000
12/07/2025 $2.990
12/04/2025 $2.989
12/03/2025 $2.950
12/02/2025 $2.950
12/01/2025 $2.950
11/30/2025 $2.950
11/27/2025 $2.970
11/26/2025 $2.970
11/25/2025 $2.970
11/24/2025 $3.039
11/23/2025 $3.050
11/20/2025 $3.050
11/19/2025 $3.050
11/18/2025 $3.050
11/17/2025 $2.990
11/16/2025 $2.950
11/13/2025 $2.950
11/12/2025 $2.950
11/11/2025 $2.950
11/10/2025 $2.900
11/09/2025 $2.900
11/06/2025 $2.880

Propane vs. Natural Gas vs. Heating Oil: Rhode Island Home Heating Fuel Comparison

Households have a choice of fuels that can be used when it comes to heating. Natural Gas is the most common choice in Rhode Island, used by 235,913 or 53% of families. The next most popular primary heating fuel for Rhode Island households is Heating Oil, used by 108,766 homes (24%). The other homes are heated with Electricity (16%), Propane (6%), Other (1%), and Wood (1%).

Heating Oil (Fuel Oil) Use in Rhode Island

Number two heating oil has become decreasing in demand in Rhode Island. In the 3 years since 2022, the number of households using heating oil declined from 112,289 to 108,766, a 3% drop.

Propane vs. Natural Gas use for home heating in Rhode Island

Between 2022 and today, the number of homes using propane as the primary space heating fuel ramped up from 21,720 to 24,676, a 14% change. Comparing 2022 and today, the number of homes using natural gas as the primary space heating fuel declined from 240,848 to 235,913, a 2% change.

Electricity use for home heating in Rhode Island

Electric heat pump systems for home heating are more popular in Rhode Island. Since 2022, the number of homes heating with electricity jumped from 60,798 to 70,606, a 16% change.

Adoption of solar home heating systems in Rhode Island

Out of all fuels, solar is the safest for the environment. With an “active” solar heating system, liquid flows between solar panels on a home’s roof and a heat energy storage tank (similar to a hot water heater) in the basement. Today, 1,046 homes in Rhode Island are heated with active solar arrays. This is a 52% gain from 2022, when 686 homes used active solar heating.

Rhode Island Homeowner’s Guide to Selecting an Oil Company

For Rhode Island residences heating with number two heating oil, selecting which of the 51 heating oil companies that serve Rhode Island can drastically impact the cost of home heating.

Full Service Oil Companies: Homeowners who want a “set-it-and-forget-it” heating system select one of the 14 “full-service” oil companies that serve Rhode Island. Full service companies such as Dudek Oil or Wildcat Oil Co offer customers annual contracts which consist of a combined package of both automatic fuel oil delivery and boiler repair. With an automatic fuel 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 customers 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. Some of the 2 Rhode Island cash heating oil companies serving Rhode Island include Helger's United Oil Co and Anchor Fuel Oil Inc.

Rhode Island Number Two Heating Oil Company By The Numbers: Heating oil Companies Serving Rhode Island: 51 companies .
Average Number of Rhode Island Houses Served per Heating Oil company : 2133

Rhode Island Heating Oil Delivery Overview

108,766 families in Rhode Island heat their homes with heating oil. This makes oil delivery essential, especially when Rhode Island temperatures drop as low as 32° F each winter. 12% of Rhode Island homes are reliant on heating oil delivery each winter.

24% of Rhode Island Households Rely On Heating Oil Delivery Each Winter

Rhode Island HouseholdsRhode Island Heating Oil Households
448,157108,766

51 Rhode Island Oil Companies Serving The Community

With 91,890,913.275 gallons of heating oil delivered to Rhode Island households last winter, the Rhode Island community depends on its 51 oil companies when temperatures dip. 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 Rhode Island, two of the closest terminals are Shell in Providence, RI and Sprague in Providence, RI. Then, the truck delivers the oil to residences and companies throughout Rhode Island and the surrounding region.