Is Propane Getting More Expensive?

It’s easy to fall into the trap of thinking that everything is getting more expensive all the time. And, to a certain extent, it’s true – costs rise steadily across most of the things that you have to buy regularly. But does that apply to propane? This article will take a closer look at the cost of propane and what the future may hold.

To work with a Greensboro propane supply company that you can trust to always deliver on time and for a fair price, call Berico as soon as possible. As a propane supplier, Berico has a long and respected history in the Greensboro area, and you’ll be in the good company of many friends and neighbors that rely on Berico for their “Always Dependable” service.

A Steady Energy Source

There are price fluctuations in the propane market just like any other market. Propane is purchased and sold like anything else, and based on supply and demand – along with other economic factors – the price will move up and down. With that said, if you look at the historical trends in the price movement of propane, you’ll see an encouraging chart that indicates rather predictable pricing.

Picking out a couple of historical data points is a handy way to understand just how steady propane prices can be. According to the U.S. Energy Information Administration, the price of propane in March of 2024 was $2.56 per gallon. If you go all the way back to March of 2008 – a full 16 years ago – the price was $2.60 per gallon. Of course, that price has moved around in between those two points, but those snapshots show just how flat the overall trend is for propane pricing.

Many Other Reasons to Like Propane

When choosing a fuel as an energy source for your home, picking something that is going to have a steady price over time is a great starting point. But that’s not the only thing to think about. As you take a closer look at some of the other factors, you’ll see that propane scores well across the board.

For example, propane is a very efficient fuel, meaning you will get a lot of value for your money in terms of performance. Also, that efficiency means propane is kind to the environment, which might be something that is personally important to you while making this choice. There is also the matter of safety to consider. Propane is very safe, especially when you partner with a team like Berico to handle all aspects of your system. If you have had any worries in the past about keeping a tank of propane on your property to run your systems, you can set those thoughts to the side – propane is known to be a very safe option and is one worth your consideration.

Ready to set up propane delivery service that won’t let you down? Berico is the easy pick, and you can get started by calling directly or reaching out through the website. Either way, you’ll be getting consistent propane service before you know it!