How to Save Money on Propane

If you are sick of getting an astronomical bill every time you have your propane tank filled or worry that you won't have enough in your budget to cover the cost, there are a few ways you can save money on propane gas.

These eight tips can help keep your home warm and propane tank full without spending a fortune.

  • 01 of 08

    Get a Big Tank

    Propane Tanks

    Erin Huffstetler

    If you have a tank that's big enough to hold a year's worth of fuel, then you can have it filled in the summer when propane prices are at their lowest. Sometimes if you have a bigger tank, you may also get you a better rate. Ask your propane company if it offers a better deal for bigger fill-ups. The savings in a bigger fill-up might justify a tank upgrade. If you're not sure what size tank you have, look over your bills from previous years or ask your propane provider for the history.

  • 02 of 08

    Lock in Your Rate

    Close up of woman using mobile
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    Propane prices fluctuate, but many companies will allow you to lock in your rate for a small fee. This price lock caps the amount you'll have to pay to fill up and will enable you to fill up for less if the current market prices are better than your locked rate. Lock in once a year, and you will always know how to budget correctly for propane. If possible, lock in your prices during the summer, when you can usually get the best deal. Set a reminder on your calendar so you don't forget to call.

  • 03 of 08

    Shop Around

    African American woman paying bills with digital tablet
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    Prices can vary widely from one propane provider to another. Try an online comparison site to make sure you're getting the best rate for your area or call around. If there are several providers in your area, they are likely eager to compete for your business.

  • 04 of 08

    Snag Discounts

    Worker Climbing Propane Tank
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    Propane companies frequently offer discounts for senior citizens and large fill orders. Talk to your provider to see if you qualify for any discounts. Get in the habit of asking every year; the answer may change from year to year.

    Continue to 5 of 8 below.
  • 05 of 08

    Join a Propane Co-Op

    Worker making gas supply on a tank in the garden
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    A propane co-op can negotiate for special rates with suppliers in your area. You may spend $25 to $30 on your membership, but a small fee could easily save you hundreds of dollars a year. To find a co-op near you, do an online search for "propane co-op" for your state.

  • 06 of 08

    Avoid Fees

    Couple Reviewing Bill
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    Propane companies often tack on extra fees. Some standard fees are fuel surcharges and additional charges for deliveries made during inclement weather, after-hours, holidays, or weekends. When you call to schedule your next delivery, ask for a break down of all related charges. If any fee seems excessive, question it.

  • 07 of 08

    Invest in a Smart Thermostat

    Smart Thermostat
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    A smart thermostat can learn your family's heating habits and dial down the temperature when you aren't home. Some models connect to your alarm system, automatically adjusting any time you put your alarm system in "away" mode. Another great benefit of a smart thermostat is if you want your house to be warm when you get home, an app can bump up the temperature when you're on your way.

  • 08 of 08

    Use Less Propane

    Propane Stove
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    Extend the time between fill-ups (and bills) by finding ways to use less propane. Tips to reduce propane use:

    • Service your furnace and hot water heater annually to ensure they're working as efficiently as possible; change filters monthly
    • Conduct an energy audit on your home, improve insulation, and seal cracks
    • Consider replacing old propane-based appliances with more energy-efficient models
    • Dress in layers and add extra blankets to your bed, so you don't have to set the heat too high