Illinois Propane Prices (May 2024)

What is the cheapest month to buy propane gas in Illinois?

Generally, the cheapest month to buy propane gas in Illinois is December. Propane prices tend to be at their lowest during this time of year due to less demand as temperatures drop and people use other sources for heat. Additionally, consumers may find discounts from retailers during this time since it's a slow season for them.

What is the difference between an above ground and below ground propane tank?

An above ground propane tank sits atop the ground and is usually connected to a home or business through an external pipe. It does not require as much installation work, but it also can be more visible than other tanks. A below ground propane tank is installed underground where it takes up less space and requires additional excavation for its installation. This type of tank offers greater protection from weather elements such as extreme temperatures, snowfall, hail storms etc., while still providing easy access when needed. Both types of tanks are reliable sources of energy and provide consistent fuel supply throughout the year. Both underground propane tanks and above-ground propane tanks have pros and cons that you should research.

What is the cost of a 250 gallon propane gas tank in Illinois?

The cost of a 250 gallon propane gas tank in Illinois will vary depending on the brand and supplier. The cost to fill a 250 gallon propane tank is approximately $353. Generally, tanks range from $900 to over $2,000 for residential use; however, this can vary depending on size and features such as insulation or an active leak monitor. Prices may also include delivery charges and installation fees. It is best to contact local suppliers directly for more accurate pricing information.

What is the average cost of propane gas in Illinois?

The average cost of propane gas in Illinois is $1.95, but can be higher or lower depending on the region and time of year. Prices are typically highest in rural areas where competition is limited, while larger cities tend to have more competitive prices due to increased supply options. Additionally, seasonal variations can also affect pricing: winter months often bring a slight premium due to increased demand as people use their furnaces for heating purposes.

Will propane gas get more expensive in Illinois?

In the long-term, it is difficult to forecast propane gas prices and if they will increase in Illinois. But in the short-term, we can forecast that in the Midwest, which includes Illinois, households using propane for heating will spend an average of $1,300 on heat in winter 2023-2024 — 11% less than last winter — reflecting a forecast for a 13% drop in propane prices and slightly higher propane consumption. In the long-run, prices for fuel can be affected by a variety of factors including the cost and availability of crude oil, weather conditions, and even governmental regulations or taxes. While it is impossible to predict the future with certainty, some analysts suggest that propane prices could increase due to increasing demand both domestically and internationally as well as disruptions to production caused by geopolitical events. Ultimately though, only time will tell if propane gas gets more expensive in Illinois.

How many pounds is a gallon of propane?

One gallon of liquid propane weighs roughly 4.11 to 4.24 pounds, depending on temperature. A gallon of water weighs almost twice as much, at 8.33 pounds.

How many gallons of propane will a 100 lb tank hold?

A 100 lb propane tank, which is usually used for commercial applications and contractors for single appliances like temporary heating at a work site, holds an estimated 23 gallons of propane when full.

Why do propane tanks expire after 12 years?

Propane tanks, especially those used for grilling or home heating, get exposed to all kinds of environmental conditions that can lead to wear and tear. Over a span of 12 years, things such as moisture, fluctuating temperatures, and potential minor damage can cause the tank's metal to corrode, weaken, or develop micro-fractures. As the tank's integrity diminishes, there's an increased risk of gas leakage or, in worst-case scenarios, a catastrophic failure when under pressure. Furthermore, the safety mechanisms and valves within the tank can degrade or become outdated. Propane companies set an expiration date to ensure that tanks are inspected, requalified, or replaced regularly, thereby lessening potential safety hazards. This periodic reassessment is essential for ensuring the secure containment of the highly flammable propane gas.

Does propane freeze?

Technically, propane does freeze. But the temperature it would take to freeze propane is very unlikely to occur naturally. Meaning, your propane isn’t going to freeze in the winter. However, your propane system and equipment can certainly be impacted by cold, freezing temperatures.

Does propane go bad?

You definitely need to stay on top of maintaining your propane system and equipment. But propane gas itself never goes bad. That’s unlike gasoline or diesel, both of which degrade over time.

Is propane gas cheaper than natural gas in Illinois?

The cost of propane gas and natural gas vary depending on the supplier, but generally speaking, propane is more expensive than natural gas in Illinois. Prices for each type of fuel are subject to change from season to season, so it’s important to shop around for a good deal when considering either option. Check out the differences between using natural gas versus propane and consider which fuel source makes sense for you.