$2.67/gal - Kentucky Propane Prices (August 2024) (2024)

The average propane price in Kentucky is $2.67 per gallon as of August 2024. This is according to US EIA estimates.
Get quotes from up to 5 propane dealers in your area today to get the best pricing on propane delivery.

Kentucky cities propane prices

CityAvg. Price Per Gallon
Louisville KY propane price$2.79
Lexington KY propane price$2.68
Bowling Green KY propane price$2.49
Owensboro KY propane price$2.61
Elizabethtown KY propane price$2.51

Estimated propane cost by tank size in Kentucky

Size of Tank Cost to Fill
100 gallons $213
250 gallons $533
500 gallons $1,066
750 gallons $1,599
1000 gallons $2,133

The cost of filling up propane tanks varies depending on their size. To fill a 100-gallon propane tank, it costs $213. For a larger 250-gallon tank, the cost is more substantial, coming in at $533. As expected, this trend continues as tank size increases, with a 500-gallon tank costing $1,066 to fill and a 750-gallon tank setting the user back $1,599. Seasons and demand can influence these costs. The most substantial option, a 1000-gallon propane tank, comes in at $2,133 to fill. This encompasses a range of possible sizes and prices to provide flexibility depending on the intended usage and budget constraints.

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

Generally speaking, the cheapest month to buy propane gas in Kentucky is usually August. This is because during this time, there tends to be a surplus of available fuel as demand has dropped off due to many vacationers who have left for summer vacations and businesses that are closed down or operating on reduced hours. Additionally, the warm weather means fewer people will need propane for heating their homes. Although prices may vary from year-to-year, you can typically find some great deals if you shop around during August.

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

An above ground propane tank is a large, cylindrical container that sits on the surface of your property. These tanks require less installation time and cost than below ground tanks because they can be filled quickly by delivery truck drivers without any specialized equipment or knowledge. Below ground propane tanks are buried in your yard and require more extensive excavation for installation as well as additional safety measures to prevent soil erosion from rainwater runoff around the tank itself. Due to their size, below ground tanks must also be equipped with an underground leak detection system so you know whether there’s been a fuel loss before it becomes dangerous or causes damage to nearby areas. Aboveground propane tanks typically hold larger amounts of fuel at once, which often makes them better suited for commercial use while smaller aboveground models usually work best for residential properties since most homes only need small quantities of fuel stored at one time.

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

The cost of a 250 gallon propane gas tank in Kentucky will vary depending on the brand and supplier. The cost to fill a 250 gallon propane tank is approximately $486. The average price for such tank ranges from $800 to $1,500 with additional installation fees ranging between $150 -$400. Prices may also be affected by any applicable taxes or delivery charges associated with your purchase.

What is the average cost of propane gas in Kentucky?

The average cost of propane gas in Kentucky is around $2.76, according to the U.S. Energy Information Administration (EIA). Prices can vary significantly from one area to another and may also be affected by local taxes or fees, so it is important to check prices with your local supplier before purchasing any type of fuel.

Will propane gas get more expensive in Kentucky?

It is difficult to forecast propane gas prices and if they will increase in Kentucky long-term. But, we can forecast that in the U.S. South, which includes Kentucky, households heating with propane will spend an average of $1,180 on heating in winter 2023-2024 — 6% more than last winter — reflecting a 9% increase in consumption and a 3% decline in propane prices. In the long-run, several factors can influence the cost of this fuel, such as market prices for natural gas, supply and demand levels within the state, and government regulations. Additionally, new technologies may become available that could affect the price of propane gas. Ultimately, future pricing trends are hard to predict with any certainty but it is likely that fluctuations in market forces will continue to impact costs in Kentucky over time.

Is propane gas cheaper than natural gas in Kentucky?

The cost of propane and natural gas vary in Kentucky depending on the company that provides it. Generally speaking, however, propane tends to be cheaper than natural gas due to its lower costs associated with harvesting, transportation and storage. Also, because propane is a liquefied petroleum gas (LPG) stored at relatively low-pressure levels compared to natural gas which needs higher pressure for delivery through pipelines. In general terms, this means that there are usually fewer infrastructure requirements when using/delivering propane in comparison to delivering or supplying natural gas. Check out the differences between using natural gas versus propane and consider which fuel source makes sense for you.

How many pounds is a gallon of propane?

On average, one gallon of liquid propane weighs between 4.11 and 4.24 pounds, depending on temperature. By comparison, a gallon of water weighs around twice as much, at 8.33 pounds.

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

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

Why do propane tanks expire after 12 years?

Outdoor propane tanks get exposed to a lot of different environmental conditions, and this can lead to wear and tear. Over a span of 12 years, factors like moisture, changing temperatures, and potential minor damage can cause problems. These factors can lead to the tank's metal to corrode, weaken, or develop micro-fractures. If the tank's integrity gets compromised, there's an increased risk of gas leakage and nobody wants that. Plus, the safety mechanisms and valves within the tank can degrade or become outdated. This is why propane companies set expiration dates, so they can ensure that tanks are inspected, requalified, or replaced regularly, thereby reducing potential safety hazards. This periodic reassessment is essential for ensuring the secure containment of the highly flammable propane gas.

Does propane freeze?

Technically, propane can freeze. But the chances of it actually happening are nil. The temperature that propane freezes at is so low that it will never happen due to a harsh winter, for instance. In fact, the coldest temperature ever recorded on Earth still isn’t cold enough to freeze propane. However, your propane system and equipment can certainly be impacted by cold, freezing temperatures.

Does propane go bad?

One of the things that makes propane better than some other fuels, like gasoline or diesel, is that propane does not degrade or go bad. However, you do need to remember that your propane system and equipment can definitely go bad. So, make sure to keep up on regular maintenance and service.

Where to get propane refills in Kentucky

Kentucky residents seeking propane refills have multiple convenient options available. Several service providers and retail outlets located across the state offer propane refill services, ensuring that consumers can access propane for their grilling, heating, or other needs. Renowned chains like U-Haul and Airgas provide propane refill stations at several locations, with extensive hours to accommodate various schedules. In addition, local companies such as Paul Tuemler LP Gas Sales & Services Inc. and Reece Propane Inc. offer reliable services and may provide additional options like propane delivery.

Below are the top places to get your propane refilled in Kentucky:

Propane RefillPhoneAddress
Ace Hardware270-986-7945200 Sycamore St, Elizabethtown, KY 42701
Airgas502-456-54294534 Bishop Ln, Louisville, KY 40218
Airgas859-252-0343500 Codell Dr, Lexington, KY 40509
Airgas270-765-2205304 Peterson Dr, Elizabethtown, KY 42701
Arrick’s Propane606-474-2424841 KY-7, Grayson, KY 41143
Blossman Gas270-842-9427110 Campbell Ln, Bowling Green, KY 42101
Blossman Gas606-573-3020303 Industrial Park Rd, Harlan, KY 40831
Ferrellgas859-744-4722101 Victory Ave, Winchester, KY 40391
M&G Propane606-928-44272060 Donna Dr, Ashland, KY 41102
Midwest Gas859-441-81122557 Alexandria Pike, Highland Heights, KY 41076
Paul Tuemler LP Gas Sales & Services Inc.859-485-6556341 Old Nicholson Rd, Walton, KY 41094
Reece Propane Inc.606-677-2526600 Ogden St, Somerset, KY 42501
Suburban Propane859-823-5551701 S Main St, Williamstown, KY 41097
Tractor Supply Co.270-842-06485387 Scottsville Rd, Bowling Green, KY 42104
Tractor Supply Co.270-763-00441451 Ring Rd, Elizabethtown, KY 42701
U-Haul502-367-22144612 Preston Hwy, Louisville, KY 40213
U-Haul859-252-75961200 E New Circle Rd, Lexington, KY 40505
United Propane Gas502-647-0360545 1st St, Shelbyville, KY 40066
United Propane Gas270-885-28284250 Casky Ln, Hopkinsville, KY 42240
United Propane Gas606-451-1617180 Chris Way, Somerset, KY 42501

Propane delivery near me

Finding a company that offers propane delivery services tends to be more difficult than just finding a propane filling and refilling service. Therefore, we put together a list of the best propane delivery services near you in Kentucky:

Propane DeliveryPhoneAddress
Arrick’s Propane606-474-2424841 KY-7, Grayson, KY 41143
Blossman Gas270-842-9427110 Campbell Ln, Bowling Green, KY 42101
Blossman Gas606-573-3020303 Industrial Park Rd, Harlan, KY 40831
Ferrellgas859-744-4722101 Victory Ave, Winchester, KY 40391
Fortner Gas Co.270-522-153312 Fortner Dr, Cadiz, KY 42211
Holston Gases859-263-4267357 Blue Sky Pkwy, Lexington, KY 40509
Holston Gases502-955-5928368 Terry Blvd, Louisville, KY 40229
M&G Propane606-928-44272060 Donna Dr, Ashland, KY 41102
Midwest Gas859-441-81122557 Alexandria Pike, Highland Heights, KY 41076
Reece Propane Inc.606-677-2526600 Ogden St, Somerset, KY 42501
Suburban Propane859-823-5551701 S Main St, Williamstown, KY 41097
Tractor Supply Co.270-842-06485387 Scottsville Rd, Bowling Green, KY 42104
Tractor Supply Co.270-763-00441451 Ring Rd, Elizabethtown, KY 42701
United Propane Gas270-885-28284250 Casky Ln, Hopkinsville, KY 42240
United Propane Gas502-647-0360545 1st St, Shelbyville, KY 40066
$2.67/gal - Kentucky Propane Prices (August 2024) (2024)

FAQs

$2.67/gal - Kentucky Propane Prices (August 2024)? ›

The average propane price in Kentucky is $2.67 per gallon as of August 2024. This is according to US EIA estimates. Get quotes from up to 5 propane dealers in your area today to get the best pricing on propane delivery.

What is the current price of propane per gallon in Kentucky? ›

Kentucky Residential Propane Price is at a current level of 2.33, up from 2.319 last week and down from 2.537 one year ago. This is a change of 0.47% from last week and -8.16% from one year ago.

Will propane prices go down in 2024 in the USA? ›

According to Procurement Resource, in 2024, U.S. propane prices continue to fall, extending the downtrend observed in 2023, despite rising crude prices.

What are the latest propane prices? ›

US Residential Propane Price is at a current level of 2.394, down from 2.412 last week and down from 2.671 one year ago. This is a change of -0.75% from last week and -10.37% from one year ago. US Residential Propane Price measures the price in USD per gallon of propane.

What is the cheapest month to buy propane? ›

Early fall is a “shoulder” season between these periods of peak demand – meaning it's often the best time to save money on your propane tank refills. Weather is more stable – Sudden cold snaps are common during late autumn and early winter, but they happen less often in the early fall.

Why is propane getting so expensive? ›

Export and Import Demand.

Going back to market conditions and the forces of supply and demand, it's important to remember that propane is a clean-burning fuel that is traded globally. Supply chain disruptions, increased global demand, and imports can affect domestic propane supply and prices.

Why are propane prices so high in Florida? ›

Higher demand leads to price hikes. The type of fuel people choose, such as natural gas or heating oil, can also impact propane costs. Smaller propane tanks tend to result in higher bills.

How high will gas prices be in 2024? ›

“Once the proposed amendments are implemented in 2024, they are projected to potentially increase the price of gasoline by an average of $0.37 per gallon,” the report read. That means drivers can expect prices at the pump to hit $5 a gallon by spring and continually see an increase.

What is the outlook for the propane market? ›

KEY MARKET INSIGHTS

The propane market in the U.S. is projected to grow significantly, reaching an estimated value of USD 64.81 billion by 2032, driven by the rising demand for space heating and backup power generation. This gas is a by-product of Natural Gas (NG) processing and crude oil refining.

Is propane going to be in short supply? ›

WTI sits higher than realized prices in 2023, causing us to worry that propane may severely weaken against crude after winter weather fades. We expect higher supply with little growth in demand or export capacity.

Is propane cheaper than electricity? ›

According to the U.S. Department of Energy, heating a home with propane has cost far less than heating with electricity. Over time, propane water heaters can cost one-third less to operate and recover water twice as quickly as electric water heaters – saving you money!

How much is 500 gallons of propane? ›

Size of your propane tank

For instance, 500 gallons of liquid propane typically costs about $1,000 whereas smaller 100-250 gallon tanks are a couple hundred dollars to fill.

How many gallons are in a 20 lb propane tank? ›

20 lb Propane Tank

Uses: Commonly used for resale and with propane grills, generators, patio heaters, and other outdoor equipment. 20 pound propane tanks are often referred to as grill cylinders and hold 4.6 gallons of propane when full.

How can I lower my propane bill? ›

We've outlined a few steps you can take this fall and winter to help lower energy bills.
  1. Lower your thermostat. ...
  2. Learn to love bundling up rather than dressing for summer. ...
  3. Harness what heat there is already. ...
  4. Turn down the thermostat on your water heater. ...
  5. Install a programmable thermostat.
Oct 7, 2020

Why is propane so expensive in Tennessee? ›

In the long-run, rising global demand for natural gas has caused prices of many fuels including propane to increase over the past year, however it is uncertain if this trend will continue into the future. Additionally, local supply and demand dynamics such as weather conditions could cause further fluctuations.

What time of year is best for propane? ›

Lower Demand

Conversely, during the summer months, demand for propane decreases as people do not require as much propane for heating purposes. This decrease in demand leads to lower prices for propane, making summer often the best economical time to buy propane.

What is the future for propane? ›

Propane's 2024 Forecast

That inventory reduction may result in slightly higher prices for residential propane delivery prices during the first half of 2024. The U.S. Energy Association forecasts that national gas production in the U.S. will decline from 34.5 billion cubic feet/day in 2023 to 33.5 cf/day in 2024.

What is the projection for heating oil prices in 2024? ›

We expect the Brent crude oil price will average $82 per barrel (b) in 2024 and $79/b in 2025, close to the 2023 average of $82/b. Our forecast for relatively little price change is based on expectations that global supply and demand of petroleum liquids will be relatively balanced.

Will we run out of propane? ›

You are probably wondering if there will always be enough propane to meet your needs in the upcoming years. Is propane a sustainable energy? No need to panic, you won't run out of propane for a long time. Here's why you don't have to worry about a propane shortage.

How many years left of propane? ›

With no expiration date, propane won't degrade or lose its potency over time, so its shelf life is extremely long.

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