heatingoilcostpergallon

550-gallon oil tank fill cost

450 usable gallons at $5.54/gal = $2493. EIA

Why 550?

Two scenarios: a single 550-gal vertical or two 275-gal tanks plumbed in parallel. Used in homes burning 1,200+ gallons per season (large, older, or poorly insulated) and in homes that pre-buy a full season upfront.

Per-state fill cost, today

450 gal × $5.87
$2642
450 gal × $5.74
$2583
450 gal × $5.55
$2498
450 gal × $5.37
$2417
450 gal × $5.41
$2435
450 gal × $5.56
$2502
450 gal × $5.16
$2322
450 gal × $5.80
$2610

Volume discount?

Some dealers offer $0.02 to $0.05/gal off for 500+ gallon orders. Many do not. Ask before committing to the large-fill price expectation.

Pre-buy and the 550

A 550-gal install lets you pre-buy a full season at one price (450 usable * dealer pre-buy rate). Cap-fee math improves at this scale. See pre-buy vs cap.

Run a custom scenario

Effective $/gal
$5.54
Effective gallons
450
Total cost
$2,493.00

Cross-references

EIA SHOPP last reading: 2026-03-30NYMEX HO settled: 2026-07-13EIA next release: 2026-10-05