Preparing for the Rising Cost of Energy and Battling Pricing Shock

Preparing for the Rising Cost of Energy and Battling Pricing Shock

The rising cost of energy is currently one of the hottest topics in the country. Millions of households now face an even greater struggle to manage their finances as their energy bills skyrocket. Across the board, energy prices are rising in ways we have not seen before – from gasoline to propane to natural gas and heating oil. The change in price is significant, unpredictable, and impacting all of us.

Following a winter in which families experienced even higher costs than in recent years due to price hikes across the energy market and cold temperatures, the cost of home heating is on the minds of homeowners.  Issues with home heating and related residential energy consumption will continue for years to come. Now is the moment to take control of the situation. 

A quick look at the energy market

It’s fair to say that the current state of the energy market makes for pessimistic reading. The EIA report shows that residential electricity rose by 4.3% in 2021 to a cost of 13.72 cents per kilowatt-hour (kWh). While this is in line with the general rate of inflation on the Consumer Price Index, it does signal the biggest year-on-year increase since 2008.

Home heating costs climbed by over 50% for many households this past winter. Propane gas supply contracts for both summer and winter have already increased dramatically in cost.

Whether you’re in the 40% of households who face financial difficulties or not, there is no time to waste in the battle to get home heating and energy costs under control. There are three main areas to focus on – the energy source, the home’s efficiency, and how you use the property.

Select the right energy source

Perhaps the most important step in the battle to control your energy cost is to choose the right energy source. While the above-mentioned studies show households that are primarily heated by propane have been the biggest losers during the price hikes, it is still the most efficient solution compared to natural gas heating and other heating choices. 

Considered a greener fuel than natural gas both before and after, Propane gas is the perfect choice for environmentally-conscious homeowners. Storing the fuel in tanks rather than relying on pipework can have benefits too.

While it remains cheaper than the alternatives, anyone using propane (or upgrading to it) must acknowledge the price hikes if they want to avoid financial strains. Therefore, it is essential to get your propane from the right supplier and find a residential plan that gives you the best value for money.

Guaranteed Price Payment Calculator

Do you qualify? What will your Guaranteed Price Payments be?

Use our Guaranteed Price Program calculator to find out what your budget billing payments will be.

Manage your energy bill with Franger Gas

Franger Gas delivers quality propane to residential and commercial properties throughout Indiana. We also offer wholesale fuel solutions, although the most effective option for controlling your energy cost is our Guaranteed Price Program service.

The program runs from May 1 to April 30 each year. We offer GPP to residential customers who are up to date with their current plan payments. What does this mean for you? You pay a set fee for your energy each month while your actual energy usage is calculated at the end of the year – Franger Gas then uses those figures to set your pricing plan for the month ahead. Franger’s GPP actively saves our customers money, up to 20c per gallon and it protects you against further price hikes over the year. Other benefits gained from this program include; 

  • No nasty surprises, making it far easier to manage your home heating costs.
  • Pay the same amount each month, removing the seasonal winter increase.
  • Get your fuel automatically refilled through our Auto-Fill service.

In short, this solution saves time and money throughout the year. Despite the increase in propane costs, budget billing programs such as our Guaranteed Price Program help you manage your heating costs.

Make the necessary home upgrades

Getting the right fuel source is a great starting point that will ensure that the propane gas used costs less money. However, you should additionally try to overcome the current challenges of the energy market by using less energy.

Some home upgrades will require an initial expense but can save money in the long run while others are very affordable, to begin with. Try these ideas to see big improvements;

  • Invest in thicker windows and better roofing insulation to cut energy loss.
  • Invest in an efficient boiler and cover any radiator pipes to reduce heat loss.
  • Choose a smart thermostat that can deliver automated savings. 
  • Clean the filters on HVACs and furnaces at least once per month.
  • Insulate the walls and floors and use ceiling fans to circulate heat.

Some of the jobs will additionally add value to the property as well as boosting your levels of comfort.

Change your Energy-Use Habits

Habitual changes have always been important in the effort to lower energy costs. However, families have become more accustomed to spending time at home throughout the pandemic, which makes our daily habits even more important to consider.

With the average home spending in excess of $2,000 per year on household utilities, the following checklist is helpful;

  • Always close the doors of any room that you are heating to prevent energy loss and drafts.
  • Always turn electronic items like TVs off at night rather than putting them on standby.
  • Save up to 15% of your home heating bill by reducing the daytime thermostat temperature by 10 degrees. 
  • Keep drapes on south-facing windows open in the day to let heat in, and closed at night to keep it in.
  • Monitor the time you spend in the shower or use shallow baths.

While most of the steps focus on home heating, it is wise to think about water and electricity usage too. When you do, the savings will be much larger.

The final word on energy costs

There is very little you can do to stop the overall cost of energy from rising. However, switching to the right heating source and delivery program can help you minimize financial uncertainty. When supported by household changes and adjustments to our daily habits, you can make your energy work harder for you.

At Franger Gas, we are constantly monitoring the energy market and how it is impacting our customers.

We encourage every one of our customers to take advantage of our Guaranteed Price Program for peace of mind and predictability. Contact Franger Gas to enroll today!

Choosing the Right Heating Source for your Home

Choosing the Right Heating Source for your Home

Choosing the right heating source for your home is a big decision. Did you know that heating your home uses more energy and costs more money than any other system in your home – typically making up as much as 29 percent of your overall energy bill? And, depending on the heating system you choose, it can last upwards of 20 years. All of this makes it vital to take the time to investigate your home’s heating options.  

This quick guide will help you choose the right home heating solution for your family as well as your finances. Let’s get started.

What are the key features to consider when choosing a heating source for your family?

It’s impossible to choose a suitable residential heating supply if you don’t first know what you are looking for. Statistics show that around 96% of the country is hooked up to a source of heating, with 47% relying on natural gas while 36% use electricity and 11% use other gas sources like propane gas.

One thing the percentages don’t reflect – is that most homeowners don’t consider the fact that they can change heating sources. Instead, they simply remain on whatever energy source was in place when they moved into their home.

However, switching to the best home heating solution offers a wide range of rewards when you prioritize the following features; 

  • Cost – keeping your energy bill to a manageable level is the main goal for most homeowners, especially after recent price hikes. It is vital to know the cost of your heating per KwH and how it translates to the home heating cost.
  • Safety – every homeowner needs to know that their property is safe and choosing the proper residential heating will make a difference. Furthermore, making the right choice will put your mind at ease.
  • Environmental impact – reducing your carbon emissions is an increasingly important goal for families, and home heating is the perfect place to start.

Switching from one energy source to another may seem complicated, but it is a one-time change that can have a significant impact on your home. Given that it can save time, money, and the environment, it is a home upgrade that all families should consider.

Which heating source is best for your home?

As well as looking at the correct heating source, you will need the right heating system. The choice between a furnace, heating pump, and boiler, for example, can have a considerable impact. However, finding the best heating source should be your first goal.

No Heating Source

Some homes do not have any heating source. Southwestern territories show up to 15% of households have no heating source, which reflects the natural climate in those states. However, when living in Indiana (or most parts of the country), a heating source of some kind is necessary for cold winter months.

Natural gas

Natural gas is the most popular choice because it is often the source already in place. If the heating systems are in place, you may take the “don’t fix what isn’t broken” philosophy. Like any gas, it is deemed more reliable than electricity as it won’t drop out during a storm or power outage. Moreover, natural gas is cleaner than fossil fuels and easier to store. The supply across the Midwest and the rest of the United States is very good. However, natural gas is combustible and is not a renewable energy source.

Electric heating

Electric heating as a home heating source is also quite popular. Firstly, it is a solution that requires minimal initial cost as electric heaters are very cheap to purchase. It also offers a convenient option as the installation doesn’t require any changes to the property. However, it is an expensive choice – with electricity costing more than twice that of natural gas and propane. The costs are even higher once the heater becomes inefficient. It is also slower to heat your home and can be unreliable in power outages.

Propane gas

Propane gas for residential heating isn’t always a homeowners’ first thought for heating their home – mainly because it’s not the solution they inherit. The main disadvantage is that it requires an initial expense to make the switch. Meanwhile, it should be noted that it burns at a lower temperature, which does mean you will need to burn more if you want the same room temperatures as fossil fuels. For most people, though, this is not an issue.

Propane gas offers a multitude of benefits for those who want to heat their home and stay warm in the colder months. Those benefits include:

  • Propane is Environmentally friendly. The 1990 Clean Air Act lists propane as a green energy source. As well as low carbon content, it does not contaminate groundwater. If you are looking for ways to help the environment, switching to propane is a great way to do so.
  • Propane Gas saves money. It saves money compared to natural gas, even if the energy price has increased significantly in recent times. The Franger Gas Guaranteed Price Program schedule helps you cut the costs further.
  • Propane Gas is safe. It is a safe solution for your family as the storage tanks are far less likely to encounter punctures. Likewise, propane gas doesn’t contain any toxic chemicals. Propane gas produces heat, vapor, water, and carbon dioxide. It also has a remarkable safety record – due in part to codes and regulations put in place by the propane industry and National Fire Protection Association.
  • Propane Gas is reliable. Like natural gas, propane will continue to provide reliability when you have an electric power outage. When coupled with the fact it can be used for grills, furnaces, and more, it is a fantastic solution.

The verdict

Whether moving into a new property or upgrading the heating source in your current property doesn’t matter; propane is the best choice for your home. It’s safe, affordable, and reliable. It also signifies a huge step to reducing your carbon footprint.

And for our existing Franger Gas customers, you can further reduce your costs for heating your home with our Refer A Friend program at Franger Gas. Using this service can help a friend attain the benefits of heating their homes with propane gas and see a reduction in your bills with account credit. 

Uses far beyond heating the home

Did you know propane can be used for so much more than heating? You can use Propane for:

  • Home Heating
  • Water Heating
  • Emergency backup generators
  • Gas logs, fireplaces and stoves
  • Clothes drying
  • Space heaters for three-season rooms and garages
  • Outdoor fireplaces and fire pits
  • Gas grills
  • Pool heaters
  • Hot tub heaters

Excellent Customer Service with Franger Gas

At Franger Gas, we deliver exceptional energy and exceptional service. We are a locally owned and operated family company that understands the community because it is our home as well. With over 75 years of propane experience, we know what it takes to get the job done. We offer several Residential Programs to help keep your cost down and your propane tank filled!

The difference between Natural Gas and Propane

The difference between Natural Gas and Propane

Estimated reading time: 3 minutes

A number of our customers have been inquiring about the difference between Natural Gas and Propane when it comes to providing heat for the home. There has been a marketing push for the conversion to natural gas as it becomes available in the local area. As a marketer of propane, we certainly want to help our customers understand what is involved in possibly making the switch from propane to natural gas. Customers often ask these common questions:

What is the difference between natural gas and propane?

Both fuels are clean burning gases! They burn at different pressures but otherwise are extremely similar. Both are naturally odorless and colorless (but usually have a chemical odorant added for safety). Natural gas is sourced from the ground while propane is a by-product of either crude oil or natural gas. Natural gas is brought to you via pipelines connected to your home but propane is brought to homes on trucks and then stored in pressurized tanks.

Do my current appliances work with both choices?

While there are exceptions to everything, generally speaking the answer is no. Another difference between natural gas and propane is that the fuels burn at different pressures. This means, usually at a minimum you need conversion kits to move to the specific fuel. A lot of appliances are not convertible, so they would need to be replaced.

Is the gas line installed in my house compatible with both fuels?

In some cases, yes. If the house is older, the line would need to be upgraded for the new fuel. But you would certainly need to make sure that compatible line is sized correctly for the appliances in your home.

Which one is less expensive?

Even though they are billed differently (Natural Gas Therms versus Propane Gallons), the pricing for natural gas per unit is less than propane.

Because propane delivers more BTUs for your dollar, it is often the choice fuel to run your home appliances more efficiently. It is also typically better for cooking, especially if you utilize an outdoor barbeque, as it is more cost-effective for high-heat grilling.
Additionally, propane is seen as an “off-the-grid” heating solution. Meaning propane is portable and can easily work if other systems in your house malfunction, or if you need to move to another location.

Should I switch from propane to natural gas?

The last question is the toughest, because the answer is dependent on the customer. We have compiled a set of questions below that may help inform a customer so that they may make a good decision:

1) How is the service level of the company that supplies my propane? Do they take care of my needs? Do they answer the phone, or am I stuck in a call center? 
2) What is the cost to hook up to natural gas? What are the application fees?
3) What is the amount of repair to my yard for the piping?
4) What is the cost to convert or replace my appliances? How much is it to inspect and/or upgrade the lines inside my house?
5) How many years will it take to break even on the expenses paid to make the change?

Franger Gas is here to meet your energy needs

If you are struggling to choose between propane or natural gas, our team is here to help. Let us answer any questions you might have. Call us today.

Remote Propane Tank Monitoring: A Solution for Our Propane Customers

Remote Propane Tank Monitoring: A Solution for Our Propane Customers

Estimated reading time: 3 minutes

Customers are often asking the propane industry “How can you make my life easier?” We would like to spotlight one solution that answers that question – as we have seen in two separate situations. The solution we will be talking about is remote monitoring of propane tanks.

Remote propane tank monitoring helps take the unknown out of gas delivery. It is a technology that allows a company to track of the amount of propane left in a propane tank without having to travel to the tank’s location. This provides peace of mind for both customer and supplier – and helps the propane supplier deliver propane more efficiently. The efficiencies gained with this remote propane tank monitoring technology help us provide better service and grow to serve even more customers. More efficiency means more customers getting a needed delivery each day.  

Let’s look at how this technology has helped in two real world situations:

1)  Commercial, industrial, and wholesale bulk tank remote monitoring

Franger Gas, Remote monitoring and automatic refills of propane tanks for commercial customersA customer with a large, but sporadic consumption pattern asked Franger Gas to provide service after multiple run-ins with another supplier. They would receive large material shipments at once and would then run out of forklift gas from their refueling station with trucks still waiting to be unloaded. Their previous supplier was not always able to respond in time, which resulted in unsatisfactory levels of service. Franger Gas offered the solution of the use a refueling station tank with a remote monitor on it. Instead of the old model of either estimating when they needed a delivery or only receiving a delivery on a specific day of the week, they were assured that as soon as they required a refill, one would be scheduled. Their supply was monitored in real time, and any dramatic swings in consumption were accounted for seamlessly.

2)  Residential propane tank remote monitoring

Our auto-fill residential customers are already taking advantage of our tank monitoring technology – but we have customers who have, or will, invest in a second home. Often a lake property, a second home comes with additional, frequently unconsidered challenges. How do you maintain a home that is not your primary residence? Hire a management company for thousands of dollars per year?  Rely on a neighbor to check your tank when you are not there? As a propane supplier that ensures homes have heat, we have utilized the remote monitoring technology to make life easier and help the customer sleep with a peaceful mind for a fraction of the cost of a manager. Now, customers can be on our automatic fill program with a monitor, which means they do not have to keep an eye on their tank level or worry when they are away from their property. In addition, our latest monitor provider offers a smart phone app that allows the customer to monitor the level from their own device.  

Franger Gas Company values the service nature of the propane business.  We continue to reinvest in new ways to meet our customers’ needs while always retaining the home-town feel we have established over the last 75 years. We’re looking ahead to many more years together! Contact Franger Gas today to learn more about remote propane tank monitoring.

Grateful beyond words

Grateful beyond words

As we come to the end of one of the strangest years ever, this is the perfect time to reflect on a word that doesn’t get used often enough: gratitude.

 Our customers have given all of us at Franger Gas Company so many reasons to say “Thanks!” You continue to trust us to provide your homes, businesses and farms with propane throughout the year.

 You have been patient dealing with all of the inconveniences that life in the COVID-19 world has forced upon our lives and businesses. We appreciate your understanding as we adapted and reassigned different drivers to deliver propane to your homes and businesses. And you have continued to get your grill tanks filled in overwhelming amounts. Thank you!

We’re also grateful for the dedication and loyalty of our amazing employees. You have been hard at work through all the COVID restrictions and lockdowns. Since Franger Gas was designated an “essential business,” you helped us not miss a day of providing customers with the services they need. You also have put in long hours and helped us deal with extra regulations imposed on us by state governments. And you have continued to provide our customers with service beyond their expectations. Thank you! 

Without our customers and our awesome staff, there is no Franger Gas Company. Thank you for being a part of our family for over 74 years!

 

Franger Gas Management Team

Propane – the smart energy choice to temporarily heat your construction site this winter

Propane – the smart energy choice to temporarily heat your construction site this winter

Does your construction project timeline include work during cold weather? Temporary propane-powered heat keeps your project on schedule, even during the coldest months of the year.

8 reasons to choose propane for temporary heat

Why propane? It’s a clean-burning, green fuel that’s portable and readily available.

Here are more reasons to choose propane to temporarily heat your construction site.

Keep projects on schedule even when temperatures dip below the freeze point. A little heat on your job site can make a big difference for your work crew and schedule.

Maintain the right conditions for materials, including drywall, paint, caulk and other finishes.

Get propane tanks placed exactly where you need them on the job site. Each project is different. That’s why we provide temporary heat services based on your project-specific construction plans.

Choose the tank that fits your work site. Whether it’s a simple garage renovation, an apartment building complex or a large-footprint warehouse, we have the resources to take care of the heat. 

Generate the right amount of heat for your work site. We provide heaters, sized from low BTU salamanders up to million BTU units. When you use our propane service, we hook you up with all the hose and fittings you need to turn on the heat in all the right places.

Stay on budget with the most efficient, cost-effective choice for temporary heat. Propane gas costs less than diesel fuel or gasoline. Plus, propane is more powerful than electric heaters. That means your crew stays warm, and you stay on budget and on schedule.

Keep your work site safe and fume-free. Propane burns cleaner than any other fuel source.

Never worry about running out of fuel. Our remote monitoring service means we track your fuel level and schedule deliveries to make sure you always have an ample propane supply. We also check your tanks regularly for dents or damage and replace the tank, if needed.

When your job site demands temporary heat, contact Franger Gas

Our service options and pricing make it easy to keep the heat flowing at your job site this winter. Contact our customer service team about a delivery schedule that fits your construction plans.