Cheapest Rhode Island Heating Oil Price Trends
| Time Horizon | Price Change |
|---|---|
| 1 Week Trend | +$0.240 |
| 1 Month Trend | +$1.650 |
| 1 Year Trend | +$0.999 |
Propane vs. Natural Gas vs. Heating Oil: Rhode Island Home Heating Fuel Comparison
Families have a host of fuels to choose from when it comes to heating. Natural Gas is the most popular choice in Rhode Island, used by 235,913 or 53% of families. The 2nd most popular primary heating fuel for Rhode Island families 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
Heating oil has become losing popularity in Rhode Island. In the 9 years since 2016, the number of families using number two heating oil dropped from 122,343 to 108,766, a 11% drop.
Propane vs. Natural Gas use for home heating in Rhode Island
Between 2016 and today, the number of houses using propane as the primary space heating fuel increased from 10,488 to 24,676, a 135% change. Comparing 2016 and today, the number of homes using natural gas as the primary space heating fuel grew from 221,544 to 235,913, a 6% change.
Electricity use for home heating in Rhode Island
Electric heat pump systems for home heating are more prevalent in Rhode Island. Since 2016, the number of homes heating with electricity rose from 43,722 to 70,606, a 61% 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. Currently, 1,046 homes in Rhode Island are heated with active solar arrays. This is a 261% gain from 2016, when 290 homes had active solar heating.
Rhode Island Homeowner’s Guide to Selecting an Oil Company
For Rhode Island families heating with oil, choosing which of the 54 heating oil companies that serve Rhode Island plays a big role in determining how much money is spent on heating each winter.
Full Service Oil Companies: Homeowners who can afford a “set-it-and-forget-it” heating system choose one of the 15 “full-service” oil companies that serve Rhode Island. Full service companies such as Dudek Oil or Wildcat Oil Co offer homeowners annual contracts which consist of a combined package of both automatic fuel oil delivery and furnace 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 homeowner does not need to monitor the level of the oil tank or place individual orders.
Discount Oil Companies: Also known by the names “COD Fuel” or “Cash Heating Oil” companies, discount oil companies are for clients 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 when you're running low. Some of the 2 Rhode Island cash heating oil companies serving Rhode Island include Helger's United Oil Co Inc and Anchor Fuel Oil Inc.
Rhode Island Oil Company By The Numbers: Fuel oil Companies Serving Rhode Island: 54 companies .
Average Number of Rhode Island Homes Served per Number Two Heating Oil company : 2014
Rhode Island Heating Oil Delivery Overview
108,766 residences in Rhode Island heat their homes with fuel oil. This makes oil delivery essential, especially when Rhode Island temperatures drop as low as 26.7° F each winter. 24.3% of Rhode Island homes depend on fuel oil delivery each winter.
24.3% of Rhode Island Households Rely On Heating Oil Delivery Each Winter
| Rhode Island Households | Rhode Island Heating Oil Households |
|---|---|
| 448,157 | 108,766 |
54 Rhode Island Heating Oil Companies You Can Trust
With 91,890,913 gallons of oil delivered to Rhode Island homes during this past winter, the Rhode Island community looks to its 54 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 Rhode Island, two of the closest terminals are Shell in Providence, RI and Sprague in Providence, RI. Then, the truck delivers the fuel oil to homes and businesses throughout Rhode Island and the surrounding region.
