July Energy News

Jul 05, 2022

Propane Tank

July 2022.

I hope you were able to celebrate Independence Day with friends and family. I’ve had the opportunity to live in a few different countries and have visited several others. It is my opinion that the U.S.A. is still the best country in the world to live in. 

We’re knee deep in propane contracts as I write this. We’ve seen a super response again this year. My recommendation has always been to lock in your propane price if you’re given the opportunity to do so. If you do that consistently, you will do much better on average than a customer who doesn’t lock their propane price. People who locked in their propane were saving more than a dollar per gallon at the peak this past winter. We are still accepting contracts but the price may have changed. Please call your local Premier Energy office before sending it in. 

According to the Midwest propane inventory report, we are behind last year’s inventory numbers. That could be important if there is a large crop drying load this fall. The last two years have been pretty light. If we have even an average crop drying season in the Midwest this year, it could deplete inventories enough to drive prices up again. Throw a winter vortex in the mix and it could get really ugly. We’ve always been able to get propane when other companies haven’t due to a lot of work that goes into our supply plan. And your finances are safe with us. You’re in good hands. 

The water heater rebate is still going strong. Get a $200 incentive from the Wisconsin Education and Research Council for replacing an existing water heater or installing a water heater in new construction. The replacement or new water heater must be fueled by propane to qualify. Call your local Premier Energy office today to find out more. 

I’m continuing to beat the propane autogas drum. I have averaged 46% fuel cost savings by driving my Ford F150 on propane. Let’s do a little math. With prices at $4.50, that’s a little over $2 per gallon in savings. Your vehicle gets 20 miles per gallon on gasoline. You drive 200 miles a week. That’s 10 gallons of gasoline consumed. $2 per gallon is $20 per week. $20 per week times 52 weeks is $1040 per year. I don’t know about you but I can think of a lot of stuff I can buy with an extra $1040 per year. 

What if you travel somewhere and you can’t find a propane refueler? These systems automatically switch to gasoline if you run out of propane. You just run on gasoline until you can find a refueler. Easy peasy. We have refuelers in Mt. Horeb, Dodgeville, Bloomington and Viroqua. And we’ve got so much propane we’re selling it. 

Thank you for your business. Have a fantastic July. 

Tim Lease

Division Manager

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