Oil Tank Replacement Cost

Oil Tank Replacement Cost

The size of oil tanks ranges between 100 to 500 gallons. The most common above ground fuel oil storage tank is 275 gallons. 

 

The cost of replacing these oil tanks varies with size and will also depend on several things.

 

Some of the factors that the oil tank replacement cost depends on include; where your tank will be located, the size of your tank, and the modifications that need to be made due to the new code laws that were not in place when the tank was initially fixed.

 

You should also note that the cost of an oil tank replacement depends on which company you employ to carry out the procedure.

 

However, on average, an oil tank replacement cost between $2,950 and $3,400. The cost may be up to $4,000 if you are working with a double wall or a Roth tank.

 

Quality Oil Tank Replacement we only work with Granby Tanks and Roth oil tanks. We are a Roth Certified installer of Roth tanks. Granby and Roth are the two biggest oil tank suppliers.

 

The double-wall oil tank is more expensive as it protects the environment from the spill of chemicals which can be hazardous. The oil tank is designed in a way that if the interior tank starts to leak you are protected against a spill before it starts to leak. This gives you time to replace it before an environmental hazard occurs.

 

Double wall oil tanks like a Roth or Granby oil tanks also minimize hazards that can be caused by oil spillage. This type of oil tank is rust-free. This makes it one of the best oil tanks available today.

 

Here is an example of what can happen should you get a substantial oil spill in a basement. Not a drip but substantial spill. Click Here


Oil Tank Replacement

A lot of people choose oil tanks mainly because of the benefits it has to offer. The oil tank is an affordable, inexpensive, and long-term heating solution.

 

Although maintenance will make your oil tank last longer, this does not mean that you shouldn’t replace it when there’s a need for replacement.

 

You need to carry out oil tank replacement once the oil tank is nearing the end of its life expectancy.

 

The benefit of timely oil tank replacement is that it prevents hazards that can be dangerous to the well-being of you and other occupants of the home. Failure to carry out oil tank replacement when it's due can lead to fatal hazards such as oil leakage; which can also affect your health and that of the occupants of the home.

 

Also, having a new tank installed can qualify you for homeowner insurance against any future potential leak which could cost thousands in remediation fees.


Here is an article of what can happen to homeowners that get oil contamination with an serious oil tank leak. It can also prevent the malfunction of the heating system in your home.

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Oil Tank Replacement Cost page

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The Oil Tank Replacement Processes

Several processes go into oil tank replacement. Some of these processes cannot be carried out by a non-professional or someone without oil tank replacement knowledge.

 

This is because the steps involved need you to have prior knowledge and experience of the steps necessary to do the work properly.  Also, many towns and cities require you to get a permit from your local governments with a copy of town or city signing off the permit saying that the work was done properly. Doing this is necessary for you to get a homeowner’s insurance policy coverage, should you decide you want to get that added protection.

 

The processes involved in oil tank replacement are based on whether the oil tank is above the ground or below it. (Most residential oil tanks are above ground and this is what we specialize in.) In this aspect of the article, we will take you through the processes that we at Quality Oil Tank Replacement will take to insure that the work is done right.

 

Before going into that, here are some factors that you need to consider before starting the replacement process.


Indoor or outdoor oil tanks

It is important to know which kind of oil tank you are going to replace. This will enable you and the professional to know how to plan risks and be prepared for what type of oil tank the professional will be working on. The two types in this category include;

 

●      Indoor tank - this oil tank is installed in an area in your house with less traffic. Note that although you do not use this space as much, it needs to be accessible at all times. The indoor tanks are always installed above the ground, as digging up a place in your house is unsafe and can destroy the structure of the building.


●      Outdoor oil tank - unlike indoor tanks, there is a variation with outdoor oil tanks. They can be placed above the ground and they can also be buried underground which is very rare in New England. However, outdoor oil tanks have a shorter lifespan as they are more exposed to environmental elements than indoor tanks. Outdoor tanks are beneficial to homeowners whose houses are small and not spacious.


Above-ground installations

Outdoor oil tanks are pretty common especially if a home is rather small or it’s in a mobile home community. So if you decide to go with the outdoor oil tank, you will only need to decide where to have installed.

 

●      Above-ground tank - as its name implies, is installed above the ground inside a garage or basement. The main advantage of this oil tank is that it is easier to access, making it simpler to examine, repair, and remove.


Steps for replacing an above-ground oil tank

Professionals need to do a few things before they do the oil tank replacement. Before moving to the replacement site to carry out the actual above-ground oil tank replacement, the professional must take some off-site steps.

 

Below are the two preliminary steps that your professional must take;

 

  1. They may need to visit the replacement site - the professional that you have hired should first carry out a check on the site if they are unsure of your previous type of installation and discuss your needs and the goals you may have.

 

After this, he should access the site where the oil tank is located and assess it for any site issues that can affect the replacement process. The professional should also check the tank and review the size and features to ensure a safe tank replacement.


  1. Get the permits - it is important to get the necessary permits before embarking on the replacement process. This will save you from future headaches and issues with the government. The professional oil tank replacer should obtain permits from the local fire department for tank removals.

 

Now that all these are in place, you can move on to the actual on-site work. Here are the steps that the professional carrying out the oil tank replacement should take to carry out the on-site job;

 

  1. Take all necessary precautions like covering or removing the carpets and floors to prevent stains on them.
  2. Ensure that the entrance is wide enough to allow free passage when moving the tank in.
  3. Pump out the remaining oil in the pre-existing oil tank.
  4. Cut the oil tank in the middle once the tank is empty and move it into the truck for cleaning.
  5. Remove the previous fills and vent pipes
  6. Remove and draw out the old fuel line
  7. Bring in the new tank and assemble it (note that the assembling is done on-site)
  8. Set it in place of the previous one or a new location you may want to put it in.
  9. Insert the fill pipes in their specific site
  10. Sometimes there may be a need to drill new holes due to pipe height restrictions in previous holes.
  11. Put the vents and fuel pipes in place.
  12. Insert the sleeved copper fuel line that connects the oil storage tank to the furnace
  13. Double-check all the fitting to make sure that it is tight
  14. Pump the fuel that was initially removed from the previous tank into the new tank. Make sure to filter the fuel
  15. Check the tank for any leakage
  16. Prime the fuel oil lines to make sure that fuel is going to the furnace and test the system to ensure that it is working properly
  17. Then contact the local authorities to obtain the final inspections

 

If the above-ground oil tank is installed outdoors, then these additional steps should be taken;

 

  1. Install a rain shield - this is done to protect and shield the oil tank. With this rain shield, there is no need to install a shed.
  2. Install a thick cement pad - as the oil tank cannot be placed on dirt and grass, it is important to install a cement pad. The professional should ensure that this pad is about 4-inches thick and has a diameter that is larger than the new tank.
  3. Install a tank tube - the advantage of installing a tank tube to an outdoor above-ground oil tank is to ensure that the oil tank is protected from outdoor elements.

 

Oil tank replacement near me

The processes involved in replacing oil tanks need to be done by a professional as mentioned earlier. Hence, you will need to employ the services of an oil tank replacement company near you.

 

And if you are looking for an oil tank replacement near me company in Lowell, MA, your search ends here because Quality Furnace Repair and Replacement is here for you.

 

We are a company that offers affordable furnace replacement and repair services. We are reliable and have all it takes to ensure a safe oil tank replacement.

 

You may have come across several other companies offering oil replacement services in Lowell, MA. But, here are a few reasons why we stand out. 

 

●      We are a reputable and reliable company.

●      We have a team of experts and professionals who will perform the oil tank replacement flawlessly.

●      We ensure to abide by the local rules and regulations to avoid future issues for our clients.

●      We dispose of the old oil tank according to EPA standards as a used fuel oil tank is considered hazardous waste.

●      We have a good customer relationship with our clients, and do everything possible to make sure all our clients are happy with the services we provide.

●      We are dedicated and make sure to pay attention to details.

●      We believe that although all oil tanks are designed to last a long time, proper installation will give you peace of mind, which is priceless!


Contact us today!

Do you need to replace your oil tank? Did you just build your home, and you need to install an oil tank in your home? Do you need an oil tank to replace due to leakage and other malfunctions?

 

If you answered yes to any of these questions, then contact us at Quality Oil Tank Replacement in Lowell MA.

 

We offer top-notch repair and replacement services, at affordable rates. Many time we can even give you a quote over the phone after asking you a few questions. At that point we can even send you a written email quote for your oil tank replacement making the process simple and easy.

 

Request a quote on your oil tank replacement today! 978-622-2344

 

FAQs

Can I remove my oil tank myself?

Oil tank removal cannot be done on your own as it requires you to have specialized knowledge as well as experience. You will need the services of disposal companies.


When is the best time to replace an oil tank?

The best time to replace an oil tank is in the spring. However, if the situation calls for you to replace your oil tank in the winter, make sure that there is another source of heat in your home.


How often should I replace my oil tank?

Oil tank replacement is not a procedure that should be carried out frequently. Once the oil tank is properly maintained, there may not be a need to replace it in 15 to 20 years or more. We’ve seen oil tanks go 30 plus years.


What is the life expectancy for oil tanks?

The Department of Environmental Protection Agency says that an indoor oil tank will not last for more than 30 years.


Will my homeowners insurance cover my oil tank replacement or against ground contamination?

The insurance plan you have will determine whether or not the insurance will cover the cost of oil replacement or against ground contamination. Most older insurance plans won’t cover you on your existing tank but if you get a new one and it is installed properly with the right permits and approvals you can now get coverage. For some insurance companies it may not even cost you more for your homeowners policy and some do have a small upcharge.

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