$2.71/gal - Kentucky Propane Prices (July 2024) (2024)

The average propane price in Kentucky is $2.71 per gallon as of July 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$2.83
Lexington KY propane price$2.71
Bowling Green KY propane price$2.52
Owensboro KY propane price$2.64
Elizabethtown KY propane price$2.54

Estimated propane cost by tank size in Kentucky

Size of Tank Cost to Fill
100 gallons $217
250 gallons $542
500 gallons $1,085
750 gallons $1,627
1000 gallons $2,170

The cost of filling up propane tanks increases proportionally with size. A 100 gallon propane tank will cost $217 to fill up. For larger capacities, the cost grows; for a 250 gallon propane tank, the price to completely fill it is $542. For a 500 gallon propane tank, the cost doubles to $1,085. The cost continues to ascend with the 750 gallon propane tank requiring $1,627 to fill, and a 1000 gallon propane tank costing $2,170 to load to capacity. These costs represent substantial investments, but they also ensure a long-term supply of propane for various uses, including heating, cooking and other energy needs.

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
$2.71/gal - Kentucky Propane Prices (July 2024) (2024)

FAQs

What is the price of propane in KY? ›

Kentucky Residential Propane Price is at a current level of 2.319, down from 2.472 last week and down from 2.537 one year ago. This is a change of -6.19% from last week and -8.59% 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 month are propane prices lowest? ›

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? ›

Wholesale propane prices have increased because of high international demand and low global propane supply. The U.S. propane market has tightened because of the increase in exports, and wholesale U.S. propane prices have risen in line with wholesale propane prices in overseas markets.

Is gas cheaper in Ohio or Kentucky? ›

The average price of gas today is cheaper in Ohio than Pennsylvania ($3.505) and Michigan ($3.505), but pricier than West Virginia ($3.264), Kentucky ($3.267) and Indiana ($3.305).

How much propane should I buy? ›

Propane Gas Furnace (Annual Usage)
Home Square FootageAnnual Propane Usage
1,000 square feet441 gallons annually
1,500 square feet666 gallons annually
2,000 square feet888 gallons annually
3,000+ square feet1,300+ gallons
Sep 9, 2021

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? ›

Propane Market Analysis

The Propane Market size is estimated at 197.24 Million tons in 2024, and is expected to reach 243.80 Million tons by 2029, growing at a CAGR of 4.33% during the forecast period (2024-2029).

What is the future of propane heating? ›

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.

Is it cheaper to heat with electricity or propane? ›

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!

Is it worth buying your own propane tank? ›

Advantages of Owning

This means you can shop around for the best propane price available whenever you need a refill. In addition, you can consume as little (or as much) propane as you need – with no minimum consumption rates. You may also save money over the long run by eliminating rental payments each month.

How can I make my propane last longer? ›

Ten Tips to Conserve Propane If You Are Running Low
  1. Turn down the thermostat. ...
  2. Use kitchen and bathroom exhaust fans wisely. ...
  3. Keep the fireplace damper closed. ...
  4. Close off rooms you aren't using. ...
  5. Keep heating vents clear. ...
  6. Use your curtains to your advantage. ...
  7. Block any drafts. ...
  8. Winterize your windows.
Dec 7, 2022

What is the future of propane in 2024? ›

Production Prowess: The U.S. Energy Information Administration (EIA) forecasts U.S. propane production to reach 22.6 million barrels per day in 2024, a testament to its abundant supply. Export Expansion: Global demand for propane is surging, particularly in Asia.

Is there a propane shortage? ›

With Propane Supply at Record Highs, Exports & Supply Disruptions Remain Concerns for 2023-2024. As 2023 reached the midyear point, there were 81.1 million barrels (MMbbld) of propane in United States inventory, up a full 47.7% from a year ago.

How many gallons of propane are in a 20 lb 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.

What is the current price of propane in the US? ›

US Propane Retail Price is at a current level of 2.412, down from 2.475 last week and down from 2.671 one year ago. This is a change of -2.55% from last week and -9.70% from one year ago.

What are the gas prices in Kentucky? ›

Kentucky average gas prices
RegularMid-Grade
Current Avg.$3.356$3.856
Yesterday Avg.$3.365$3.859
Week Ago Avg.$3.180$3.693
Month Ago Avg.$3.401$3.914
1 more row

How much is propane per gallon in Indiana? ›

Indiana Residential Propane Price is at a current level of 2.218, down from 2.282 last week and down from 2.599 one year ago. This is a change of -2.80% from last week and -14.66% from one year ago.

How much is propane per gallon in Michigan? ›

Michigan Residential Propane Price is at a current level of 2.113, down from 2.157 last week and down from 2.467 one year ago. This is a change of -2.04% from last week and -14.35% from one year ago.

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