Propane Demand Heats Up: How Backup Generators Are Reshaping the Market Year-Round

Having consistent power is critical for homeowners. When the power goes down, residents look to utility companies and oil and gas businesses for solutions.

Across the United States, more Americans are turning to backup generators to prepare for emergencies. Propane generators serve as an economical and efficient way to restore electricity. Your business can better serve your customers with the right vehicle to transport supplies quickly.

The Need for Propane and Backup Power

The residential generator market saw significant growth in recent years. As of 2024, experts estimate the total value of the generator market to be over $10 billion. We could see this valuation increase to roughly $15 billion over the next decade. This growth could mean a huge opportunity for businesses operating in the fuel delivery space, as many backup generator models require gasoline, diesel or propane fuel.

What Is Causing the Market Increase?

Some generator manufacturers are reporting steep jumps in their annual revenue. Customers in the residential space are turning to leaders like Generac Holdings Inc., which stated it was looking to add nearly 400 employees to its team in October 2024. This goal comes as a result of several notable storms ripping through parts of Florida, South Carolina and Texas. The company is in need of new workers to stay ahead of generator production timelines.

CEO of Generac Holdings, Aaron Jagdfield, mentioned that severe storms account for an estimated $50 million to $100 million in the company’s sales. That amount is for each severe weather event. Recent trends indicate that homeowners do not wish to be without power, and the proof is in their spending dollars. Power grids can and often fail during hurricanes, making a home generator a worthwhile investment for many.

Advantages of Backup Power Propane Generators

Propane generators have multiple advantages over gasoline and diesel counterparts:

  • Straightforward storage: Standby generators are designed to start when power fails. These devices benefit from propane, as it can withstand long storage periods without degrading.
  • Economical pricing: Propane is often less expensive than other fuels. You can purchase a supply and trust that it will last even when a standby generator is not used for some time.
  • Cleaner emissions: Home generators and drivers benefit from propane’s nontoxic emissions. Should a leak occur, businesses and consumers do not need to worry about fuel contaminating water or vegetation.
  • Lower flammability: There is a reduced risk of fire hazards when transporting, using and storing propane fuel.

Recent U.S. Propane Usage Patterns

The U.S. used more propane in January 2025 than in any previous January, dating back to 1973.

Not only are homeowners and businesses relying on this fuel for backup power, but there is also evidence that propane is being used as a primary source of heat during the coldest months of the year.

Whether your business is responsible for fuel deliveries or utilities installations and repairs, it’s hard to ignore the fact that the USA went through an estimated 1.48 million barrels of propane per day at the start of 2025 — a trend that could continue as more propane generators and appliances make their way into U.S. homes.

With increased demand for propane, your business could benefit from a delivery vehicle.

About the Voyager® P Service Truck

The Load King Voyager® P Service Truck is the perfect workhorse for transporting propane. With three onboard storage boxes, an all-aluminum bed and a crane supporting up to 6,000 pounds, you can transport propane supplies without an issue. Operators can extend the rear-facing crane up to 20.4 feet to position barrels exactly where they are needed.

Custom Truck One Source gives you options for a Ram 12-foot truck body for the level of durability you require. Side rails and lighting throughout the vehicle’s storage compartments make it easy to work on projects day and night. We are your source for propane and refined fuel trucks that help you enhance your workflow.

Get a Quote for a Voyager® P Service Vehicle Today

With Custom Truck, there’s no need to fall short of your competitors. We provide you with a selection of new and used vehicles that help you stay on time with propane delivery schedules and manage your inventory. Continue growing your operations as you see fit, with options for financing, and stay ahead of the propane surge without hurting your bottom line.

For more information about the Voyager® P Service Truck, request a quote from us today.

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