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MA
$5.15 Cheapest heating oil price in Peabody
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Peabody Homeowner’s Guide to Selecting an Oil Company
For Peabody homeowners heating with number two heating oil, picking which of the 113 heating oil companies that serve Peabody is an important decision.
Full Service Oil Companies: Homeowners who are willing to pay a premium for a “set-it-and-forget-it” heating system choose one of the 52 “full-service” oil companies that serve Peabody. Full service companies such as Keohan Fuels & Transportation Inc or Absolute Oil offer families annual contracts which consist of a combined package of both automatic number two heating oil delivery and HVAC repair. With an automatic number two heating 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 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 exchange for lower prices, you monitor the oil level in your tank, and you place an oil order either when the level runs low or just before a major snowstorm. Examples of 2 Peabody cash heating oil companies serving Peabody include Ranco Enterpises Inc and Maria's Oil.
Peabody Oil Company By The Numbers: Heating oil Companies Serving Peabody: 113 companies .
Average Number of Peabody Homes Served per Fuel Oil company : 46
Peabody, MA Heating Oil Trends
Last year, Peabody homeowners purchased a total of 6 million gallons of heating oil. Out of the 494 towns in Massachusetts, Peabody ranks 9th for home heating oil consumption.
Country-wide, Peabody ranks 37th out of 29,620 towns in America for heating oil consumption.
Short Term Trends
Peabody’s overall fuel oil usage changes yearly as winter conditions change. As the temperature outside dips, homes’ furnaces need to burn more and more fuel oil to keep the house warm inside. Last winter, the average outside temperature in Peabody was 31.5°F, which was 4.3°F colder than the prior winter's average outside temperature.
Peabody Average Winter Temperature
| Heating Season | Average Temperature |
|---|---|
| 2024 - 2025 | 31.5° F |
| 2023 - 2024 | 35.8° F |
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Cheapest Peabody Heating Oil Price by Order Quantity
| Quantity | Price | Updated At |
|---|---|---|
| 100 gallonsgals | $5.15 per gallon/gal | Updated Today at 06:59 PM |
| 150 gallonsgals | $5.15 per gallon/gal | Updated Today at 06:59 PM |
| 200 gallonsgals | $5.15 per gallon/gal | Updated Today at 06:59 PM |
| 250 gallonsgals | $5.15 per gallon/gal | Updated Today at 06:59 PM |
Cheapest Peabody Heating Oil Price Trends
Updated Today at 05:31 PM
| Time Horizon | Price Change |
|---|---|
| 1 Month Trend | +$1.160 |
| 1 Year Trend | +$2.290 |
Cheapest Peabody Heating Oil Price History
Updated Today at 05:31 PM
| Date | Price |
|---|---|
| 10/16/2026 | $5.150 |
| 10/15/2026 | $5.150 |
| 10/14/2026 | $5.150 |
| 10/13/2026 | $5.150 |
| 10/12/2026 | $5.150 |
| 10/11/2026 | $5.150 |
| 10/10/2026 | $5.150 |
| 10/09/2026 | $5.150 |
| 10/08/2026 | $5.150 |
| 10/07/2026 | $4.950 |
| 10/05/2026 | $5.050 |
| 10/03/2026 | $5.050 |
| 09/23/2026 | $5.250 |
| 09/21/2026 | $5.250 |
| 09/21/2026 | $5.250 |
| 09/20/2026 | $5.450 |
| 09/19/2026 | $5.450 |
| 09/18/2026 | $5.450 |
| 09/17/2026 | $5.450 |
| 09/09/2026 | $4.650 |
| 09/07/2026 | $4.650 |
| 09/06/2026 | $4.650 |
| 09/05/2026 | $4.650 |
| 09/04/2026 | $4.650 |
| 09/03/2026 | $4.650 |
| 08/21/2026 | $4.350 |
| 07/25/2026 | $3.950 |
| 07/15/2026 | $4.099 |
| 07/13/2026 | $3.990 |
| 07/12/2026 | $3.990 |
Average Peabody Heating Oil Price Trends
Updated on March 30, 2026
| Time Horizon | Price Change |
|---|---|
| 1 Week Trend | -$0.026 |
| 1 Month Trend | +$1.332 |
| 3 Month Trend | +$1.985 |
| 1 Year Trend | +$2.194 |
Average Peabody Heating Oil Price History
Updated on March 30, 2026
| Date | Price |
|---|---|
| 03/30/2026 | $5.742 |
| 03/23/2026 | $5.768 |
| 03/16/2026 | $5.384 |
| 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 |
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Save on Heating Oil: Compare Prices from 113 Peabody Suppliers
Propane vs. Natural Gas vs. Heating Oil: Peabody Home Heating Fuel Comparison
Residences have a choice of fuels to choose from when it comes to heating. Natural Gas is the most popular choice in Peabody, used by 11,458 or 52% of households. The 2nd most popular primary heating fuel for Peabody residents is Heating Oil, used by 5,200 homes (23%). The rest of the homes are heated with Electricity (19%), Propane (3%), Other (2%), and Wood (0.4%).
Peabody Residential Primary Home Heating Fuel (No. of Households)
| Year | Natural Gas | Propane | Electricity | Oil | Wood | Solar | Other |
|---|---|---|---|---|---|---|---|
| 2025 | 11,458 | 758 | 4,254 | 5,200 | 99 | 10 | 132 |
| 2024 | 11,458 | 730 | 4,085 | 5,445 | 99 | 5 | 122 |
| 2023 | 11,506 | 716 | 3,998 | 5,646 | 96 | 0 | 118 |
| 2022 | 11,350 | 604 | 4,031 | 6,178 | 62 | 0 | 129 |
| 2021 | 10,922 | 673 | 4,108 | 6,521 | 72 | 0 | 251 |
| 2020 | 10,498 | 677 | 3,763 | 6,574 | 69 | 0 | 217 |
| 2019 | 10,449 | 666 | 3,579 | 6,474 | 29 | 0 | 161 |
| 2018 | 10,262 | 515 | 3,605 | 6,783 | 36 | 0 | 167 |
| 2017 | 10,416 | 544 | 3,572 | 6,412 | 31 | 0 | 99 |
| 2016 | 10,480 | 442 | 3,471 | 6,670 | 32 | 0 | 55 |
| 2015 | 10,301 | 576 | 3,298 | 7,053 | 22 | 0 | 58 |
| 2014 | 9,930 | 603 | 3,509 | 7,214 | 35 | 0 | 70 |
| 2013 | 9,959 | 542 | 3,348 | 7,119 | 38 | 0 | 64 |
| 2012 | 9,573 | 507 | 3,184 | 7,548 | 41 | 0 | 138 |
| 2011 | 9,111 | 458 | 3,200 | 7,817 | 25 | 0 | 118 |
Heating Oil (Fuel Oil) Use in Peabody
Fuel oil has become less popular in Peabody. In the 5 years since 2020, the number of homeowners using number two heating oil dropped from 6,574 to 5,200, a 21% drop.
Propane vs. Natural Gas use for home heating in Peabody
Between 2020 and today, the number of households using propane as the primary space heating fuel rose from 677 to 758, a 12% change. Comparing 2020 and today, the number of homes using natural gas as the primary space heating fuel increased from 10,498 to 11,458, a 9% change.
Electricity use for home heating in Peabody
Electric heat pump systems for home heating are more popular in Peabody. Since 2020, the number of homes heating with electricity shot up from 3,763 to 4,254, a 13% change.
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Peabody, MA Heating Oil Delivery Map

Peabody Heating Oil Delivery Overview
5,200 families in Peabody heat their homes with oil. This makes oil delivery essential, especially when Peabody temperatures drop as low as 26.6° F each winter. 23.5% of Peabody residences rely on fuel oil delivery each winter.
23.5% of Peabody, MA Households Rely On Heating Oil Delivery Each Winter
| Peabody, MA Households | Peabody, MA Heating Oil Households |
|---|---|
| 22,151 | 5,200 |
113 Peabody Number Two Heating Oil Companies Serving The Community
With 5,672,514 gallons of fuel oil delivered to Peabody households the last heating season, the Peabody community depends on its 113 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 Peabody, 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 residences and companies throughout Peabody and the surrounding region.
Peabody Heating Oil Prices FAQs
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