Once again, we’re seeing energy prices surge across the board. We know how painful that can be for our customers. It’s painful for us, as well.
What’s Going On?
Gasoline has risen more than a dollar more per gallon vs. a year ago. Natural gas prices have skyrocketed more than 150%. Crude oil prices have climbed above $100 per barrel, a level we haven’t seen in seven years. Wholesale propane prices have hit their highest weekly average levels since February 2014.
The cost of electricity has not been spared either. Higher natural gas prices result in price hikes for wholesale electricity because of heavy reliance on natural gas-fired power plants.
What We’re Doing
People sometimes misunderstand how negatively this impacts businesses as well. Businesses usually don’t make more money when prices rise – we have to pay more to get the same fuel. It’s not the local businesses that are profiting. (That’s left to the Wall Street investors.) The sooner energy prices drop, the happier we’ll be.
In the meantime, please talk to us about things we can offer to help you reduce your energy costs, or handle payments more easily. And if you are having trouble with your bills, please call us. We can generally work with you if you reach out before you fall behind.
Trust Us to Come Through for You
We’ve been in business for over 40 years and have deep roots in the communities we serve. We have secure access to supply and storage at both of our facilities. We are doing everything possible to ensure we can deliver — even if other companies cannot.
We thank you for your understanding and we appreciate your loyalty. As we’ve done quite a few times in the past, we will get through these tough times by all working together.