For your health, sit down when you see the spot price of propane in Knoxville TN now. Everyone that pays attention knew it was going up from last year. We didn’t think it would really go up 50%.
We won’t get into the why it is going up. Anyone paying attention to energy these days understands what is driving this unnecessary price increase. For the “official” measurement of propane, check out the government energy site here.
Most Americans will cut back other spending to heat their home with propane. In the back areas of Tennessee and other rural spaces, propane is the only alternative to all electric. Try heating the home with all electric for another surprise. Plus, propane keeps you off the grid if you are looking for a possible upside.
As you see in the above picture of our bill, the price of propane in Knoxville TN is $3.70 per gallon. This was filling up a 500 gallon tank. They will fill to 80% to allow for expansion. The maximum fill amount then is 400 gallons at 80% of the propane tank.
This tank was down to 23%. If it was completely empty, then the bill would be around $1,500 with taxes and fees. OUCH! So, when we have to make decisions on “leaders” make sure they understand your pain.