With the price of energy skyrocketing in recent years, people have definitely begun to pay attention to the amount of money they are spending on things like propane. Some people have propane stoves or gas grills. Others run their furnace on it as well. With propane prices as high as they are these days, getting a good rate can save you a substantial amount of money. I’m going to give you a few tips to find the cheapest rates.
One of the best ways to find the best deal is to look online. Websites like MapQuest can tell you the cheapest prices for propane and other fuels like gasoline, diesel, and natural gas. One thing you should keep in mind is that if you live fairly close to a bordering state, it might be a lot cheaper to fill up your tank there. Some states don’t charge any sales tax, which can amount to a savings of anywhere from 4-10% of the price.
Due to the fact that propane is produced from a combination of crude oil and natural gas, propane gas prices will fluctuate along with their underlying ingredients. What this means is that if the price of crude oil rises, there is a very good chance that propane prices will increase along with it. The same goes for gasoline and other petroleum based fuels.
If you are filling up one of those very large tanks, it is often wise to time your fill ups when prices are low. During periods of peak oil use, such as the winter and summer, prices tend to be higher. If you fill up your tank at times when propane prices are lower, you can save a lot of money. Keep in mind that you don’t need to wait until your tank is completely empty either. You can top it off when prices are unusually low.