Residential Heating Oil Prices
in Maryland
Thousands of residential builds across Maryland use oil-powered heating systems to stay warm during the state’s cold winters. Therefore, Maryland heating oil prices impact consumers in each region.
At SMO Energy, we understand that heating oil prices significantly impact our customers’ budgets. Our goal is to provide affordable heating oil delivery services for all consumers in Maryland and help homeowners plan for their expenses.
Learning the factors that influence heating oil prices and the strategies we use to manage them will help you make the best decisions for your family.
What Factors Affect Maryland's Heating Oil Prices?
The heating oil price Maryland residents pay depends on factors such as seasonal demand, crude oil prices, procurement and delivery costs, government regulations, local competition and the weather. Many of these factors are outside the control of your energy supplier.
For example, the Federal Government upholds regulations influencing heating oil companies’ procurement and heating strategies. Government safety and environmental protection requirements often necessitate slow, deliberate processes and expensive equipment. These factors increase production costs, resulting in higher home oil prices in Maryland and nationwide.
Similarly, the global crude oil market impacts every part of the supply chain that leads to Maryland’s prices. Therefore, geopolitical events and weather conditions in other parts of the world can drive consumer prices.
In some areas, proximity to procurement sites influences consumer costs. The good news for Marylanders is that the Northeast United States’ robust network of pipelines, supply depots and refineries serves the state.
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Managing Your Heating Oil Expenses
While heating oil prices are subject to various factors outside of your control, there are plenty of ways that you can reduce your annual expenses.
One way to do this is by purchasing heating oil while the price is low. The winter’s low temperatures create seasonal demand spikes in Maryland, but demand is far lower in the summer and early fall. Filling your heating oil tank before the cold sets in can be a more cost-efficient way to heat your home during the first cold spells of the season.
You can also manage heating oil expenses by ordering in bulk. Placing a large order allows you to maximize the benefits of seasonally low oil prices. This way, you will have enough oil to reduce your order sizes when prices rise.
Alternatively, you can increase your control over your budget through a monthly payment agreement. While purchasing heating oil as needed can reduce your expenses during warmer months, high prices in January and February can cause a significant spike in your bill. Monthly payment plans allow you to pay the same amount each month so that you can plan ahead and avoid sudden surges.
How SMO Energy Keeps Heating Oil Prices Affordable
At SMO Energy, it’s important to us that the members of our community can access a dependable heating solution at a competitive price. We take various steps to provide a consistent heating oil supply while maintaining budget-friendly prices. With SMO as your supplier, you’ll benefit from:
- Free and quick delivery: We deliver orders of 150 gallons or more for free anywhere in our service area. You can have your oil by the next day, or even the same day for a small surcharge, subject to weather conditions. We are able to provide such fast service at little or no extra cost because we have a large fleet of trucks and a local service area that we can cover quickly.
- Monthly payment plans: You can set up a monthly payment plan for your annual heating oil needs through our SmartPay program. There is no extra charge for this program, and it allows you to spread the costs of your heating oil deliveries into easy monthly payments throughout the year, instead of receiving a large bill after each heating oil delivery.
- Zero hidden charges: While some companies include hidden fees like hazmat or regulatory costs, our oil delivery prices are always transparent. All you pay for is your heating oil. No surprises.
Why SmartPay?
SmartPay is our free payment program. The goal is to lower your heating oil costs throughout the year. How? By calculating your expected annual fuel usage and then spreading those fuel costs across 12 months so your monthly bill is predictable and low.
Affordable Heating Oil Delivery Service in Maryland From the Company That Cares
At SMO Energy, we treat our customers like family. That’s why our heating oil costs are affordable and why we keep your bill low, whether through our SmartPay Budget Plan, free delivery or zero hidden fees. We’re always working for you. We provide heating oil delivery services to Anne Arundel, Prince George’s, Charles, Calvert, and St. Mary’s Counties! Call us today and ask about our new client discount.
*No delivery fee applies to all deliveries 150 gallons or more, same day delivery is applicable to an additional fee. **Same day and next day delivery service is subject to change based on weather conditions. Unsafe road conditions create an unnecessary risk to SMO drivers and the environment.