Replacing Your Oil Tank Can Earn You Money
When your aboveground heating oil storage tank reaches 15 years old, it’s time to consider replacing it with a newer model. If you have an underground tank, you may want to think about replacing it after about 10 years. There are many issues that come about when dealing with aged oil tanks, and if the tank isn’t replaced you could find yourself paying hefty repair and/or cleanup costs.
- An older tank is prone to leaking. No matter where a tank is located, a leak can cause property damage and result in fines if not dealt with properly.
- As your tank ages, sludge and sediment build up at the bottom. If the tank level gets low enough, that sludge could get into your furnace and lead to expensive repairs.
- In older tanks, protective tubing around oil lines can deteriorate, vent pipes can clog and the legs can become cracked or bent, creating a safety hazard for anyone around the tank.
- If you seem to be burning through oil faster than usual, it could be due to the sludge and sediments taking up space inside your old tank, causing a false “full” reading.
Need more incentive to replace your old oil tank? You could earn $200 on the installation of a new aboveground oil storage tank through the Upgrade & Save New York City rebate program. This offer is available from qualified Oilheat dealers, so call today and ask about this and other ways you can earn rebates by upgrading your heating system.