Michigan Agency for Energy: Now is the time to lock in propane prices ahead of heating season

July 18, 2016

Contact: Judy Palnau, 517-284-8300
Agency: Michigan Agency for Energy

LANSING, Mich. – Michigan’s propane customers are encouraged to lock in prices now well ahead of the heating season, says the Michigan Agency for Energy (MAE).

“Even with ample propane supplies, it pays to sign propane contracts now – instead of waiting for the heating season,” said Valerie Brader, MAE’s executive director. “Doing so can result in significant savings to the over 8 percent of Michigan households that use propane as their primary heating fuel.”

To assist propane customers, MAE has useful tips on selecting a propane provider. Its consumer tips sheet covers pricing agreements, delivery arrangements, fees and other charges, the pros and cons of renting and owning a propane tank, contracts, and a list of helpful questions to ask before signing a contract.

While propane prices are not regulated, MAE does monitor supplies and makes available weekly, statewide average residential prices on its website during the heating season. Additional information is available on the Michigan.gov/propane website.

Energy assistance is expected to be available in October for low-income propane customers, who are encouraged to call 2-1-1 at that time to be directed to an agency near them for help.

The U.S. Department of Energy’s Energy Information Administration reports that propane supplies are 21 percent higher than the five-year average.

Michigan leads the nation in the number of residential propane customers.

For more information about MAE, please visit www.michigan.gov/energy.