LP Gas, September 2009

VitalSigns er than the ratio of 109 for 2006 cited in the last report That means the restrictions would have been imposed last year had the newer data been available for the analysis when the last report was prepared Since PERC was established in 1996 residential propane prices have increased 1061 percent with a majority of the growth occurring between 2003 and 2007 The total increase in propane prices for all sales types was 1131 percent in that period PERC is funded through an industry wide assessment or check off on each gallon of odorized propane gas The assessment collects one half of a cent per gallon annually generating about 464 million Residential Consumer Grade Propane Price and the Composite Electric Natural Gas and No 2 Fuel Oil Price 1993 to 2007 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 Propane Price Composite Energy Price Source Energy Information Administration 2008 in 2008 to fund programs and projects 2006 2007 More than a third of its annual budget has traditionally gone to consumer education efforts to expand public awareness PERC credits its consumer education campaign with adding 65000 new residential propane customers and 118 million in revenue from 2001 07 PERC has been bracing for the ruling for almost a year In July the council approved a 2010 budget with 112 million earmarked for consumer education PERC Chairman Bill Platz said the ruling poses signifi cant challenges to effectively promote propane as a clean versatile and available energy choice It stinks Platz said noting that existing contracts for consumer education will be honored But I dont think all is lost We just have to rethink what we are able to do I dont think there is going to be a problem putting that consumer education money to good use The National Propane Gas Association has been pursuing legislation to amend the statutory requirement to use residential propane price data provided by the Energy Information Administration and other public sources in the price analysis It proposes the Commerce Department use the price of consumer grade propane rather than residential propane The Department of Commerce will do another price analysis six months after PERC decides how it will limit its spending activities LPG Continued from page 8 2500 2000 1500 1000 500 0 cents MMBtu 1993 1994 Npsf Hsfbu Tuvgg Cvjmu Upvhi Powered 420 Cylinder Dolly with Improved Performance One operator can install full 420 lb tanks with this improved motorized tank dolly A new 6 HP Honda OHV engine and three speed transmission deliver more power and flexibility Visit www renaldo org or call today Renaldo Sales Service Inc North Collins NY 800 424 5564 Manufactured and Distributed in the USA 10 LPGas September 2009 www LPGasmagazine com