Good idea to pre buy propane this year?

[HOGEYE]

I was quoted 2.40(cash) and 2.40 (credit) per gallon to prebuy the amount we used last year in Bemidji area. Is anyone else going to pre buy this year?

[Lisa Almquist]

We prepay our propane every year too. We were quoted $2.47 in the Deer River area.

[Surface Tension]

Those are good prices and absolutely YES you should prebuy but it might be too late. I prebuy every year as well. $2.35, up .79 cents from last year We combine my tank and the neighbor's 3 tanks. Bulk rate and pay on the spot. Writing a $10,000 check is weird.

Just an FYI, around twelve years ago I prepaid at .65 a gallon.

[PDOGG]

I prepaid in June and am now kicking myself as it has gone down since than in this area.

[Scott K]

Those are good prices and absolutely YES you should prebuy but it might be too late. I prebuy every year as well. $2.35, up .79 cents from last year We combine my tank and the neighbor's 3 tanks. Bulk rate and pay on the spot. Writing a $10,000 check is weird.

Just an FYI, around twelve years ago I prepaid at .65 a gallon.

10K? Wow, you need to insulate your house! Even if that amount includes your neighbor!

[Outfitter17]

Hey Surface Tension,

What size tanks are you filling? Seems like alot.

[WingDing2]

We did not pre-buy this year I have every year, to price protect myself. The reason we did not pre-buy? 200 Gal minimum x $2.52= $500 Bucks

I just dont have $500 laying around, so I will be rolloin' the dice this winter.

All my money went into boat fuel

This is ridiculus

when I bought my cabin in 01 propane was $.089 per Gal

If you pre-buy and the price goes down, most companies will credit you the surplus. Prices are going down right

[18 inch Crappie]

One word for you guys: Geothermal

It will pay for its self in 7 years at those prices.

[Surface Tension]

"We combine my tank and the neighbor's 3 tanks"

The 10 grand was the total for 3 homes and 1 Studio.

I'm heating 2100 sq ft with a propane 60,000 btu 90+ forced air furnace. That'll take around 1000 gallons. Couldn't do that if I wasn't insulated good.

I installed the unit myself along with all the duct work at a tune of $800. If I compare that to fuel oil or electric the unit paid for itself the first year. If and when I need a new heating system I'll be looking into alternatives.

[Huskie]

Just had our tank filled yesterday by our coop here in south central MN. and the price was $2.25. I thought that was high until I read your posts!!!!

[WingDing2]

Yeah I was really torqed when I found out my neighbor got his propane out of Roseau for 2.18 and I got laid down in Baudette for 2.52 why does it vary so much from gas suppliers. I also found out it is cheaper if you own your tank. I lease mine. Anybody know what a 500 gal tank costs?

[Jim Almquist]

I paid $2.37 cash and if you wanted to charge it was $2.47 and I own my tank.

[gn83tm]

Wow!!! You guys up north are paying dearly. I sent my deposit in here yesterday (in Ioway) to lock in 1400 gallons at $2.15/gallon and I thought that was a great pleanty. Seems like about 5 yers ago we were at 90 cents.

[hawkeye43]

I bought a new 1000 for $1600 and filled it at $2.15. With the new funces and heat pump should last the whole year.

[bottomdweller]

Yeah, man you guys up north are gettting soaked. Prepaid 2.14 and I thought that was ridiculous. Went and bought a outdoor wood boiler. The heck with those arabs.

[LwnmwnMan2]

My parents have a manufactured home on the back 5 acres of my property.

This fall they're switching over to natural gas. It'll cost $1100 (unless they can get a deal because of being 70), but at $2.49 / gallon they were paying, they figure within 18-24 months they'll save that much.

That $2.49 was a pre-pay, contract rate.

[walleyes12]

One word for you guys: Geothermal

It will pay for its self in 7 years at those prices.

Agree 100%

[WingDing2]

Propane has come down some...but not enough to really give us a break for winter heating. Lets hope it starts to fall like gasoline prices!