The Senate and House have both passed a long-anticipated budget reconciliation bill, the Inflation Reduction Act. This sweeping legislation was a top priority for President Biden and Congressional Democrats and aims to combat climate change, lower health-care costs, raise taxes for large corporations, and reduce the federal deficit. The Senate approved this bill with a vote of 51-50, with Vice President Kamala Harris casting the tie-breaking vote. The House of Representatives passed the legislation on a straight party line vote. The President signed the bill this Tuesday.

This comprehensive bill contains numerous provisions, including an extension of the Alternative Fuel Tax Credit and the Alternative Fuel Refueling Property Credit, as well as incentives for renewable propane production. While these incentives benefit the propane industry, this bill has many other provisions that favor electrification. One of the most concerning provisions is under section 50122, which establishes a High-Efficiency Electric Home Rebate Program that provides rebates to homeowners to adopt electric appliances and equipment. NPGA is evaluating legislative, regulatory, and state advocacy options to combat the effects of this program.

NPGA developed a section-by-section overview (log-in required) of the relevant provisions of this legislation, which association members can access on the Legislative Affairs section of NPGA’s Member Dashboard.

If you have any additional questions, please reach Michael Baker, NPGA’s Vice President of Legislative Affairs.

As of the August 8, 2022 Crop Report published by the U.S. Department of Agriculture (USDA), 90% of corn has entered into the silking stage. USDA reports all 18 evaluated states have corn entered into the doughing stage and most states have entered into the denting stage.

According to the U.S. National Grain Drying Profile, created by the Propane Education & Research Council (PERC), the current trend is displaying a normal to drier crop this year. NPGA continues to track environmental factors impacting corn crop to navigate informed discussions pertaining to supply and harvest. NPGA and PERC encourage propane marketers to continue communicating with agricultural customers often for the upcoming crop drying season.

For the USDA’s entire crop progress report, click here. Please send any questions or comments to Twana Aiken, NPGA Manager of Industry Affairs.

The information and commentary are intended to provide general information and do not constitute advice, recommendations, or speculation on propane demand or supply by NPGA staff or PERC staff. 

Rebates are available for the IPGA Propane Appliance Safe Installation Program. New furnaces purchased after March 1, 2022 are eligible for a $300 rebate. New water heaters are eligible for $200 or $300 rebates, depending on the purchase date. Learn more...

NPGA’s Propane Supply & Logistics Committee is hosting a webinar series to share the latest information on agricultural demands, propane inventories, and logistics planning. Many propane industry members are navigating unclear conditions as we enter agricultural harvest season and peak demand of winter weather. The Propane Supply & Logistics Committee invites the entire industry to participate, pose questions, and share insight on preparing for the 2022-2023 season. 

Preparing for Peak Demand 

September 7, 2022 | 2:00 pm | Register Now! 

In Preparing for Peak Demand, PSL Committee Chair DD Alexander will open a presentation by RBN Energy on national inventories, export traffic, and production. Chair Alexander will facilitate questions by audience members as well as a discussion on planning practices from marketers and transportation operations. 

Questions? Contact NPGA’s Vice President of Regulatory & Industry Affairs, Sarah Reboli. 

The information contained herein is provided as a service by the Indiana Propane Gas Association (IPGA) for the purpose of education, communication, and information and IPGA accepts no liability relative to the contents, accuracy or use of these services. Nothing in this publication is intended to be construed as legal advice. The user is strictly cautioned to seek legal assistance when attempting to determine any legal rights, responsibilities and procedures with respect to business affairs, coding, or other legal aspects of operating a propane company. IPGA disclaims any and all liability for injury and/or other damages which result to a user from the material offered or discussed herein.



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