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Buy propane now, MPSC says, before costs rise

businessinsider.com

LANSING, MI— The Michigan Public Service Commission is urging propane customers to shop now before cold weather makes prices go up.

Officials say shop around for the best deals, ask questions about contracts, and get terms in writing. They say it’s particularly important for consumers to know their costs in advance as energy prices have risen sharply amid the ongoing fallout from the COVID-19 pandemic and Russia’s war on Ukraine.

Propane providers offer budget plans and pre-buy and fixed-price plans that can save consumers money compared to market prices later in the season. Knowing the size of your propane tank and your average propane use can help you avoid not buying enough or buying too much.

Propane prices aren't regulated in Michigan, but the MPSC monitors the propane market to identify irregularities that could lead to price or supply disruptions.

Nicole was born near Detroit but has lived in the U.P. most of her life. She graduated from Marquette Senior High School and attended Michigan State and Northern Michigan Universities, graduating from NMU in 1993 with a degree in English.