Licensing and Regulatory Affairs
FOR IMMEDIATE RELEASE August 6, 2019
LANSING, Mich. – It may be the middle of summer, but now is a good time to think about locking in propane fuel prices for this winter.
The Michigan Public Service Commission urges Michiganders to shop around to find the best deals from local suppliers. Locking in lower prices now could mean significant savings over market prices when the weather turns cold and demand heats up. Research your options, ask questions, and get everything in writing.
Here are five things to think about when shopping for propane:
Find more tips and key questions to ask a supplier in the MPSC’s propane consumer tip sheet.
Michigan leads the nation in total residential propane consumption, with more than 8 percent of households – or an estimated 320,000 -- using propane as their primary heating source. Propane use is significantly higher in rural Michigan, with 18 percent of Upper Peninsula residents and nearly 24 percent of those living in the northern Lower Peninsula relying on propane as a primary heating source, according to the MPSC’s Statewide Energy Assessment.
While the MPSC does not regulate propane prices, it does monitor supplies and makes available statewide average residential prices during the heating season, which starts Oct. 1. Additional information on propane is available here.
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