$3.05 - 10/21/24 average prompt pay member price (MA) - $3.10 - 10/21/24 average 30-day member price (MA)

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The price displayed above is an average of 30+ membership prices from individual dealers across MA or RI.  Since prices vary by location and wholesaler, sign up to receive a more accurate member price for your area.

 

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

 

HO member savings
We save members money compared to same-day statewide average prices for home heating oil in MA & RI.

Compare our average prompt-pay prices to what non-members pay.

Our members save an average of 15-30 cents per gallon.

Line: Average daily prompt-pay member price, based on 30+ dealers in our network across 2 states. Please note that the 30-day prices are usually 5-10 cents higher per gallon.
Dots: State average retail price of full-service oil dealers. Released once per week in fall/winter, and applies that day only.

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Market commentary

As we start looking ahead it’s always fun to look at the oil commodity market that generates our daily price. Refiners sell to our dealers and they have protocols to follow in the future market to set their pricing. 

Oil prices have been slowly easing this summer for several reasons. The US economy may be doing well but Europe and China are different stories. Germany is struggling and the news out of China is that growth will be hard to sustain. This has had the effect of prices falling nearly 50 cents a gallon since the spring. Market expectations aren’t strong and most project prices to stay in a range. The first week of September has seen our prices make a run to go under $3.00 per gallon. For the last few years, we were always crowned when our price was less than $4.00, so expect a little price relief compared to recent years.

Typically our prices this time of year track closer to survey averages than at any other time of the year. We’re seeing savings of 20-30 cents a gallon even now when discounters are trying to buy loyalty. So hopefully the weather and politics won’t interfere with the perceptions that drive commodity markets. 

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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, on Monday, September 16th, posted an average price per gallon of $3.37, with a high price of $3.80 and a low of $2.99. The average prompt-pay price for our members in Massachusetts that day was $2.95 per gallon, for a savings of 42 cents per gallon.

The U.S. Energy Information Administration's latest survey Rhode Island's heating oil price, for the week of Monday, October 7th, was $3.50. The average prompt-pay price for our members in Rhode Island that Monday was $3.05, for a savings of 45 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 free membership year with your Green Energy Consumers Heating Oil account. In case you've already renewed your membership, we'll add one more to that max renewal year. Limited to one per season.