According to the U.S. Department of Energy, heating a home in the U.S. with a propane heating system in recent years has cost far less than heating with an electric system. In addition, over time, propane water heaters can cost one-third less to operate and recover water twice as quickly as electric water heaters. A propane gas furnace heats air to about 130°F to 140°F and operates in short intervals to minimize operating costs. An electric heat pump produces heat below body temperature (98.6°F), so the air actually feels cool when placing your hand in front of a vent. Propane-fueled furnaces last 5 to 10 years longer than electric heat pumps, on average and cost far less to install than a heat pump.
Sinking oil prices and high production of propane in the mid-west have kept propane from spiking despite high demand and exporting. The price of propane has held steady since October. We are not out of the woods yet, but with only 6 weeks left in the peak cold weather in the Northwest, the chances of a spike lessen. I hope all of you had a fantastic 2018. At McMinnville gas we saw some big changes with the grand opening of our new office which replaced the old office build in 1952. If any of you are traveling through McMinnville stop in and we will give you the grand tour. We appreciate all your business in 2018 and best wishes for 2019.
Sincerely, John Buller and Sons