Did you know that an oil tank will last between 15 to 20 years? If your tank is nearing 15 years then it is something you will want to keep an eye out for. If you are wondering how much does an oil tank replacement cost, you are in the right place.
Keep reading to learn more about the price you can expect to pay when the time comes to replace your tank.
Oil Tank Replacement Cost
The truth is that the price varies depending on the size of the oil tank you need. The average cost to replace an oil tank is around $1,882. The price can range between $400 to $2,500+ depending on different factors such as the season you have it done, and how accessible the oil tank is.
A company such as Fireweed Home Comfort will take the following factors into consideration when quoting you a price:
Is Your Tank Accessible?
A major factor that a company will take into account when pricing your oil tank replacement is how easy it is to get to your tank. Most people do not like how the oil tank looks and end up building a wall around it to not see it. While this is great for aesthetic purposes, it can be an obstacle to remove it.
If there is extra work that has to be done to remove the old tank, you can expect to pay more for this.
Is the Tank Leaking?
Sometimes, you might not notice that your current tank is leaking until it is time to replace it. If it is leaking you can expect to pay more because it has to be dealt with differently than with a tank that is in good condition with zero leaks.
A leaking tank is actually considered to be an emergency situation because it is dangerous.
Is the Tank Disconnected from the Broiler?
Another factor is whether or not the current tank is connected to the broiler. In most states, the oil tank has to be disconnected from the broiler by a special technician. If you live in one of these states then you will have to pay more for the technician to come and disconnect it.
Plenty of things can go wrong if you attempt to disconnect it yourself including dealing with an oil leak. To double-check if the tank was disconnected or not, follow the copper line coming out of the oil filter and see if it is attached to anything.
Ready to Replace Your Oil Tank?
Now that you know more about what to expect when it comes to oil tank replacement you can be better prepared financially to cover the costs. It is better to start saving now instead of waiting for the tank to go out and leave you with a large unexpected bill.
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