Wednesday, May 20, 2020
Time is running short for propane marketers to submit their 2019 Retail Propane Sales Report. Due on June 1, the sales report is conducted by ICF on behalf of the Propane Education & Research Council (PERC). It is undertaken to determine the odorized propane sales to end-use sectors for the calendar year 2019 and is the only source of state-level end-use sector sales information for odorized propane.
The state level and end-use odorized propane sales information is required by PERC in order to fulfill specific requirements under the 1996 Propane Education and Research Act. Under the act, 20% of assessment collections are eligible for rebate back to the states. The allocation between the states is determined by the percentage of the total odorized propane sales in each state.
For more information or to download the form, go to this link.
SOURCE: The Weekly Propane Newsletter, May 21, 2020. Weekly Propane Newsletter subscribers receive all the latest posted and spot prices from major terminals and refineries around the U.S. delivered to inboxes every week. Receive a center spread of posted prices with hundreds of postings updated each week, along with market analysis, insightful commentary, and much more not found elsewhere.
The state level and end-use odorized propane sales information is required by PERC in order to fulfill specific requirements under the 1996 Propane Education and Research Act. Under the act, 20% of assessment collections are eligible for rebate back to the states. The allocation between the states is determined by the percentage of the total odorized propane sales in each state.
For more information or to download the form, go to this link.
SOURCE: The Weekly Propane Newsletter, May 21, 2020. Weekly Propane Newsletter subscribers receive all the latest posted and spot prices from major terminals and refineries around the U.S. delivered to inboxes every week. Receive a center spread of posted prices with hundreds of postings updated each week, along with market analysis, insightful commentary, and much more not found elsewhere.
