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August Energy News

Aug 05, 2022

Propane Tank

August 2022.

Summer is winding down. I hope you all were able to take that vacation you were looking forward to or you were able make use of the nice weather to partake in cookouts and family gatherings. Enjoy it while you can. 

It’s not quite time to batten down the hatches for winter but be sure to plan ahead for it. If we offered you a chance to lock in your propane price for the winter and you haven’t yet, it may not be too late. Give your local Premier Energy location a call and see what the rates are for next winter before sending your contract in. 

Although prices are higher than last year, propane supplies have not been building as rapidly as we would hope due to the increase in propane exports. Business 101 says if there is low supply and high demand, prices will increase. If there is a strong crop drying demand for propane we could see some pretty unhealthy price spikes this fall. A colder than normal winter would have the same effect. Don’t forget the Polar Vortex we experienced in 2014. That really spiked propane prices. The war in Europe (I never thought I’d say that in my lifetime) could end tomorrow but even if it did I don’t feel it will help increase our domestic supply of propane. I may be one fry short of a Happy Meal and I have eaten a few crayons in my life, but I will always lock in my propane price.

If you’re installing a new propane water heater the Wisconsin Propane Education and Research Council has a $200 rebate available for you. That includes new construction. Call your local Premier Energy location for information or visit the Wisconsin Propane Gas Association website. I’m the president of  WiPERC and it’s been such a successful program for Wisconsin consumers that I’m going to lead the charge to renew it again for the coming year. 

According to Wisconsin Statutes, any time you replace a propane appliance you are required to let us know so that we can do a leak test on your entire propane system. That includes appliances such as ranges, clothes dryers, furnaces, water heaters, fireplaces or any other appliance hooked to your propane system. If you remove an appliance, make sure we test and inspect your propane system so that we can document that it was done correctly. 

Enjoy the rest of summer and thank you for your business. 

Tim Lease

Division Manager

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