We understand that heating oil pricing can be complicated. It is also largely beyond our control.
Many factors determine how much you’ll be paying for heating oil this winter. These factors include supply and demand, weather, natural disasters that may impact heating oil production and distribution, Wall Street investors and geopolitical issues and conflicts.
Did you know that the Northeast is the primary consumer of heating oil, using 90% of the nation’s heating oil supply? So, what happens in this region can have an impact on what you pay for heating oil. The strongest impact comes from the weather here. If it’s a very cold winter, demand will go up, and heating oil prices will too. Other impacts on your heating oil price include local operating costs, such as overtime, and competition between local heating oil businesses.
There is good news! Heating oil prices have been going down in 2023. As of April 17, 2023, the average price per gallon for heating oil here in Massachusetts is $3.96.* That’s significantly down from this past heating season’s average of $4.81 per gallon.*
Want the latest heating oil pricing information? Get in touch with Brideau Energy today!
We always want to ensure that you’re getting the best possible value, and we understand that everyone a has a unique budget and needs. Our hassle-free pricing and payment options are set up to offer you maximum flexibility and convenience.
Budget Plan with Price Cap: When you choose this 12-month option, you can enter anytime from April to July! The plan combines our Standard Budget Plan with a heating-oil price cap for a small fee. This program provides added peace of mind, as it keeps your fuel price from rising above the agreed-upon cap price, and if the market price of heating oil goes down, your price will drop as well.
Pre-Paid (fixed price): With this option, you purchase your fuel in advance so that you are not subject to price spikes. However, your fuel rate will remain locked in, even if prices drop.
Pre-Paid (with price cap): This program adds price protection to the fixed-price Pre-Paid option for an additional fee. If prices go down, you’ll receive a credit for the difference between your cap price and our daily price.
AutoPay: If you’re looking for ultimate convenience for bill paying, enroll in our AutoPay program. Once you’re signed up, we’ll automatically deduct the amount for any delivery or service rendered from your checking account or charge it to a credit card. Your payments are guaranteed to be on time, and you’ll never worry about losing a bill again! Further, you’ll benefit from receiving the discounted price of fuel delivery (save 10¢ per gallon), as if you were paying cash!
10-Day Payment Plan: If you pay within 10 days of receiving your bill, you will receive a 10¢-per-gallon discount on the price of your heating oil, which is the same as our cash price.
Standard Budget Plan: This 12-month plan starts in April and enables you to spread your payments out evenly over the course of the year. Here’s how it works: We estimate the number of gallons you will use for the entire season (based on your usage history), and we multiply that volume by the estimated oil price. We then divide this total seasonal budget into 12 equal monthly payments. Keep in mind that the price could change, based on fluctuations in the market.
Keeping up with paying heating bills can be a challenge sometimes. If you’re having trouble keeping your account up to date, here is a list of agencies that may provide assistance:
Please don’t hesitate to contact us if there’s anything we can do. We’re here to help.
Automatic Delivery: We schedule your fuel deliveries based on your past fuel usage and predicted weather patterns.
Will-Call Delivery: With will-call, it’s up to you to let us know when you are running low and need a fuel delivery. We recommend automatic delivery, as it eliminates your risk of a run-out.