Heating Oil Service

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$3.98 - 08/09/22 average member price (MA)

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Not a member? Get a price quote based on where you live

Due to the situation in Ukraine prices are very high at this time. Prices vary by location. We'll email today's average member price in your community.

 

If you are a member, check your dealer's price by logging into My Account.

 

Savings per 700 gallons of oil
Despite terribly high prices, we save members money compared to same-day statewide average prices for home heating oil in MA & RI.

Compare our average prices to what non-members pay.

Prices are rising due to global events. In the graph below, the line represents daily member prices and the dots represent state average price on that day only. State average prices are released monthly in Spring and only reflect the average pricing of the release date. Customize the graph to your state & any timeline.

Market commentary

As European nations increasingly restrict imports of some Russian petroleum products in response to the invasion of Ukraine, U.S.-based companies have expanded their exports to help fill the need. According to data from the U.S. Energy Information Administration, the U.S. exported more than 10 million barrels a day during the week ending April 15, a new record. U.S. crude stocks shrank by more than 8 million barrels, the most since January of 2021, increasing pressure on prices at the pump and in your home. The price of crude has risen to more than $100/barrel, up 11% from before the Russian invasion, and 42% up from a year ago.

Heating oil for our members over the recent heating season averaged $3.37 per gallon, 35 cents/gallon less than the state surveys, which averaged $3.72 per gallon. Saving $35 on every 100 gallons is especially welcome when prices around the world are so high. With the average oil-heated home using about 700 gallons every year, that adds up to almost $250 in average member savings this past winter.

Despite this volatile market and geo-political situation, our members can count on paying a fair price, protected from price gouging. Your daily price is calculated by taking the wholesale price of the day and adding a contracted operating margin that keeps our dealers in business but stays the same every day of the year. Our dealers have guaranteed to charge our members less than whatever they are charging customers who are not members.

The Green Energy Consumers Alliance formula for member savings is based on a dollar cost averaging approach. This means that regardless of the ups and downs of the oil market, our participating dealers have agreed to keep their delivery mark-up fixed all year long. Our prices change every day because that fixed delivery mark-up is added to the wholesale prices our dealers pay, which change daily.

We strive to deliver 15-30 cents a gallon savings compared to what full-service dealers are charging to people who are not members Green Energy Consumers. Member savings can grow even greater than that when prices peak and then fall significantly. Those are the weeks when our members save the most!

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Our staff people are ready to help with any questions. Call us at (617) 397-5199, or email us at hello@greenenergyconsumers.org. If you're already a member, you can log in and check your dealer's member price at https://myaccount.greenenergyconsumers.org. If you have not yet used that site, click on "forgot password" to create your login credentials linked to the email address we have on file for you.

How do our prices compare?

Massachusetts' latest price survey of full-service dealers (published bi-weekly), on Monday, July 25, posted an average price per gallon of $4.89, with a high price of $7.60 and a low of $4.19. The average prompt-pay price for our members in Massachusetts that day was $4.39 per gallon, for a savings of 50 cents per gallon.

The U.S. Energy Information Administration has suspended price surveys for the summer, so we won't have new survey prices for Rhode Island and New Hampsphire until October.

The U.S. Energy Information Administration's latest survey Rhode Island's heating oil price, for the week of Monday, March 28, was $5.01. The average prompt-pay price for our members in Rhode Island that Monday was $4.82, for a savings of 19 cents per gallon.

The U.S. Energy Information Administration's latest survey New Hampshire's heating oil price, for the week of Monday, March 28, was $5.20. The average prompt-pay price for our members in New Hampshire that Monday was $4.83, for a savings of 37 cents per gallon.

Already a member? Tell your friends about your savings
https://www.greenenergyconsumers.org/refer. When a new member joins and gives us your name, we'll thank you with a $50 credit to your account with your Green Energy Consumers oil dealer. 

Testimonials

  • Jenny Silverman and Bob Follansbee

    Jenny Silverman and Bob Follansbee

    We have been members of Green Energy Consumers Alliance for more years than we can remember. We appreciate the discount, and get great service from our provider. We are also committed to supporting Green Energy for its leadership role in promoting clean energy, and helping us save the planet

  • Lauren and Patricia

    Lauren T & Patricia S

    When we first purchased a house with oil heat, we did deep research and found Green Energy Consumers. On our first delivery, we recouped our membership fee vs. paying the cost quoted by the local dealer. We love that we have a local dealer for oil and service, but also that we can save money and… Read more

  • Susan

    Susan S

    In 2006, as oil prices began to climb, I decided to try out Green Energy Consumers. Twelve years later, I am still a member! One reason I have remained a Green Energy Consumers member is the quality of the staff. Whenever I’ve had questions, they have responded quickly and professionally. As far… Read more