38-year-old John Ploucher, from the 4500 Richmond Street in Philadelphia, is charged with Burglary, Criminal Trespass, Criminal Conspiracy, Criminal Mischief and related offenses.
Police say Ploucher and 49-year-old Stephan Williams conspired to steal 40 propane tanks from three locations.
Williams was arrested before the first of year and has already been charged.
Investigators believe the industrial thefts were likely for money, but with so many tanks stolen, Homeland Security became involved in the investigation as a precaution.
The total street value of the tanks was estimated at about $7,000.