Simmering a liquid will take it to exactly the same temperature has rapid boiling.
The only thing that changes is the evaporation rate and that is actualy the thing that specifies the boil time.
If you find you can achieve adequate evaporation in less than 60 minutes then you can reduce the flame.
I saving LPG is goal then you can increase the grain and hop bill. Then you can reduce the boil time to 45 minutes.
It would be an interesting calculation to do to see where the best $$$$ utilisation falls. LPG, grain/hops
I have a feeling it will be borderline.
I'll re-read in the morning.

pui.