Fill Propane Tanks Now to Save Later
July 19, 2018
Written By Adam Buckallew
As the summer temperatures rise, the crisp winds of fall and winter can seem impossibly far away. In the heat of the summer, it can be easy to put winter to-do’s, such as filling up your propane tank, on the back burner.
But filling tanks now, rather than waiting until winter when increased demand can push prices higher, presents opportunities to lock in savings.
“Propane’s winter buying season begins in the fall, and waiting until then to fill up can run the risk of paying higher prices,” says James Greer, vice president of supply and government affairs at MFA Oil.
From a historical perspective, Greer says people are better served by refilling their propane tanks during the summer off-season when demand has receded.
Allocation is another reason to buy propane sooner rather than later, according to Kenny Steeves, vice president of bulk fuel and propane operations at MFA Oil. All propane purchases made during the off-season, which runs from April to September, count toward MFA Oil’s allocation of propane during times of peak demand, like winter cold snaps. In other words, propane bought now helps to improve the cooperative’s supply position each winter.
MFA Oil offers a Pre-Buy Program for customers to contract their propane supply. The program allows you to book a set number of gallons at a pre-determined price. Contracting helps to take the guesswork out of budgeting your propane needs while also providing protection from seasonal price spikes.
Contact your local MFA Oil propane plant to schedule a tank fill or to sign up for the Pre-Buy Program.