Propane prices?

[sum-r breeze]

We got our latest bill from Dead River and the price was $2.039 per gallon. A little high but we really don't use that much. We have a bulk tank with 3 units drawing off of it through meters. Just 3 more months of REAL cold to deal with so we're going to hope for warmer temps and enjoy. Is it ice out yet?

The Breeze
Wave 'cuz I'll be wavin' (a mitten) back

[HellRaZoR004]

Originally Posted by sum-r breeze

We got our latest bill from Dead River and the price was $2.039 per gallon. A little high but we really don't use that much. We have a bulk tank with 3 units drawing off of it through meters. Just 3 more months of REAL cold to deal with so we're going to hope for warmer temps and enjoy. Is it ice out yet?

The Breeze
Wave 'cuz I'll be wavin' (a mitten) back

$2 is high? How much do you go through. I just got a fill-up at around $3.14

[sum-r breeze]

Originally Posted by HellRaZoR004

$2 is high? How much do you go through. I just got a fill-up at around $3.14

So fellow forum members....I had a little error in looking at the bill from Dead River. I just checked it again. My price was $3.299 a gallon for the 87.8 gallons I used last month. Quite a difference from what I thought it was. There again, I know we don't use that much so the price reflects that situation.

The Breeze
Wave 'cuz I'll be wavin' (an empty check book) back

[HellRaZoR004]

Originally Posted by sum-r breeze

So fellow forum members....I had a little error in looking at the bill from Dead River. I just checked it again. My price was $3.299 a gallon for the 87.8 gallons I used last month. Quite a difference from what I thought it was. There again, I know we don't use that much so the price reflects that situation.

The Breeze
Wave 'cuz I'll be wavin' (an empty check book) back

Makes more sense. I use about the same amount as you. I also called regarding the 10% increase from the previous month and was actually warned it was going to continue increasing due to shortages in the area. Hopefully things have calmed down some with the mild temps the past week.

[Pineedles]

We just got another fill-up here in CT. $3.91 per gal. That's up 63% since December 1st!! I know it's still lower than some of the prices in this thread but 63%, come-on. I might go back to electric heat, it's probably cheaper now, even if it's $0.21 per kw. Any math genius' out there that could tell me if it is?

[Rusty]

Originally Posted by Pineedles

We just got another fill-up here in CT. $3.91 per gal. That's up 63% since December 1st!! I know it's still lower than some of the prices in this thread but 63%, come-on. I might go back to electric heat, it's probably cheaper now, even if it's $0.21 per kw. Any math genius' out there that could tell me if it is?

The below is a formula that will get you somewhere near the difference. It doesn't take into consideration the efficiency factors:

1 Gallon of Propane = 27 kwh of electricity

$0.21 per kwh x 27 kwh = $5.67 for electricity

Therefore electricity at $0.21 per kwh is more expensive then propane at $3.91 per gal

[ITD]

A heat pump may make sense for you, but the big question is how long will the price of propane stay elevated. Right now there is a supply issue due to the uncharacteristically cold temperatures throughout the country driving up demand to unheard of levels. I think next year there may be more supply available to match demand keeping the price more reasonable.

That being said, for a heat pump, you get about 3 times more heat out for the electricity put in than resistance heating. It's not that cut and dry, but probably good for initial comparisons. Heat pumps become less efficient as the temperature gets colder. Geothermal will give better results if designed properly, but costs much more.

[HellRaZoR004]

My propane bill went up 60 cents per/gal from last month!!!

[tis]

My cousin who is in the oil/gas business told us at Christmas that gas prices were going to go up.

[Steveo]

This is the reason I always do the pre-buy option. Bought in August for $2.60/ gallon. The only problem is will the guy show up before I run out. Looked yesterday and I'm down to 20% (~50 gals).

[TheProfessor]

Eastern Propane.
$2.94 gallon last week.
Goes into a 500 gallon tank.

[codeman671]

Originally Posted by sum-r breeze

We got our latest bill from Dead River and the price was $2.039 per gallon. A little high but we really don't use that much. We have a bulk tank with 3 units drawing off of it through meters. Just 3 more months of REAL cold to deal with so we're going to hope for warmer temps and enjoy. Is it ice out yet?

The Breeze
Wave 'cuz I'll be wavin' (a mitten) back

That is a great price, nothing at all to complain about there. I am surprised you get that if your usage is not great. I do get better but its based on a HUGE consumption, tied to an industrial building. I think in all we are going to use 9k gallons this year between my house and work.

[BroadHopper]

http://www.newhampshire.com/apps/pbc...229937/-1/news

Not sure if it effect domestic customers. I have not receive my bill yet.

[codeman671]

The propane index has risen $0.46 since October due to demand, so even our low price is bumped high. We just paid $2.17 yesterday, since we are locked in at $0.40 over index we aren't winning on this round. Win some, lose some...