Take a look at the food on your table. Did you know that propane had a helping hand in cultivating the food that you eat? All across the United States, farmers depend on propane gas to help with their everyday needs. Nearly 900,000 farms throughout the country, including those in Delaware County, make use of propane; and for good reason too.
Propane is not only eco-friendly and energy efficient but is an extremely versatile gas, as touted by propane companies in Delaware County. It provides a responsible way for farmers to tend to their crops while adhering to environmental regulations. When used in an agricultural capacity, propane has a multitude of uses that have proven to be extremely useful to farmers.
Farming is a business. Just like any other business, improving the quality of the product, service, and efficiency is vital for survival. Due to the variety of solutions that propane offers, it stands to reason that with those solutions come cost effectiveness. Many of the machines that farmers use- from tractors to irrigation systems -are propane-based. When comparing their performance and efficiency against those of electric motorized machines and harmful diesel gasses, propane-fueled machinery holds up to the task.
In a 2014 case study, 8 farmers used 8 propane-powered engines and irrigation systems to work their farms. Their total savings equaled $86,470. With propane-fueled machines often costing less in initial purchase and in operating costs, the savings begin to add up. Farming equipment that runs on propane allows the user to experience high amounts of usage with low maintenance. When machines break, it’s relatively easier and significantly cheaper to fix a machine that runs on propane than that of a diesel-fueled machine.
There are over 300 million acres of land used for agricultural purposes throughout the United States. While farming is a necessary industry, it accounts for a large portion of air and water pollution. Because of this, farmers have been looking for more sustainable and eco-friendly farming practices. In an effort to reduce their carbon footprint, farmers have turned to propane as an alternative fuel source for irrigation engines, dryers, and other farming equipment.
Propane-powered farming equipment can produce roughly 11% less greenhouse gas emissions than their diesel counterparts and 24% fewer greenhouse gasses than gasoline structures. With the fewer produced emissions, propane is a clean-burning fuel source that reduces the agricultural industry’s carbon footprint.
Aside from the economic and ecological benefits of using propane gas, farmers also have the ability to reap the rewards of propane incentives. There are a number of financial incentives in place by the government for farmers who use propane-based technology and equipment. The Propane Education and Research Council (PERC) leads the charge in testing the efficiency of these programs for farmers. PERC makes it easy for farmers to see the effects of switching to propane-fueled systems, both ecologically and financially.
As the demand for sustainable farming grows, so does the usage of propane. Propane is one gas that is in great abundance within the United States. Propane is made in America from domestic natural gasses, making it one of our greatest homegrown commodities and exports. With our supply of propane, technology continues to adapt, becoming more innovative and eco-friendly. This is great news for farmers who rely on this technology to meet the demand of the nation’s agricultural needs.
The United States is now the world’s largest exporter of propane: What does this mean for your propane prices?
The United States has seen a big change in its economic relationship with propane.
In fact, just a few years ago, the United States was once a net importer of propane. But today, the U.S. is the world’s largest exporter of propane.
According to the U.S. Energy Information Administration, in 2009, the United States imported almost 110,000 barrels of propane every day. Just six years later, in November of 2015, the U.S. was exporting almost 600,000 barrels of propane per day. This number peaked in February of this year, with the U.S. exporting 884,000 barrels of propane each day.
This means that, according to the Wall Street Journal, the United States now supplies more of the world’s propane than the next four exporters combined.
But what does this mean for propane buyers in the Delaware County area?
Propane prices have dropped throughout the United States
For many customers, the increase in domestic propane production means that they’re enjoying lower propane prices than they would have years ago when the U.S. was a net importer of propane.
Prices can vary depending on supplier
A wide variety of businesses supply propane and propane tanks, and some will charge more than others. Even within the same town, prices can vary for refills or exchange tanks.
Some propane supplies will also charge a fixed price for their propane, regardless of the market. This means that even though the market for propane should lead to lower prices, you won’t receive a lower price because you’re locked into a fixed rate.
This is why it’s a good idea to work with propane companies in Delaware County like ours that offer market-dependent prices, ensuring that you always pay the lowest possible price for your propane.
This could be a good time to stock up
The current market for propane means that now might be a smart time to stock up on propane, especially for customers with larger tanks.
Propane prices can often arise in the face of a cold winter, so this summer’s particularly low-priced market means that stocking up now could lead to big savings later.