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jimHartsing

08:06AM | 11/11/02
Member Since: 11/10/02
1 lifetime posts
Bvhvac
I recently purchased a home with an underground oil tank, and I'm concerned that some day it may develop a costly leak. As such, I'm trying to determine what my options are. Below I've listed what I think my options are with pros and cons. I'm interested in advice and comment, and additional options that I may have missed.

Option 1)
Replace oil burner with gas burner, and remove underground tank.
Pros: Eliminates underground tank worry
Cons: Must install LP tank outside on property (no natural gas available). Must replace burner (although some companies will do this for signing up with LP delivery service. Also, I've heard that LP is more expensive than oil.

Option 2)
Replace underground tank with newer underground tank.
Pros: No need to give up basement space.
Cons: May face same problem later. (Are there any newer tank designs that are guaranteed underground?)

Option 3)
Replace underground tank with above ground tank.
Pros: Eliminates worries.
Cons: Lose basement or garage space. (Basement is finished, adding to dilemma).

Thanks in advance!
--Jim.

rpxlpx

05:19AM | 11/12/02
Member Since: 03/13/00
1675 lifetime posts
Just a question; if you use up all the oil in the underground tank, wouldn't it then be OK to leave it there so you don't have to dig it up?

FixerB

05:04AM | 11/17/02
Member Since: 08/21/01
22 lifetime posts
I have the same situation. So here is my 2 cents.
Check with your town/village buildings department. Depending on how old the tank is and the building codes they may have records of when the tank was installed. This will enable you to find out the tanks construction and age. Whatever you do, do not pressure test the tank! If there is a leak or weak point in the tank, pressure testing will only make the problem worse.
Until you make a decision to change (the tank or convert to LP), check with your oil supplier the may provide moniroring service. They will rate the efficiency of your burner and monitor your oil usage. This will allow them to tell if you are losing oil.
Aside from oil being cheaper, I find it to be more comfortable.

hapaschold

10:31AM | 12/05/02
Member Since: 10/19/02
4 lifetime posts

yes, propane is more money. oil has much more btu content than propane. and is usually slightly cheaper

i bought a house, 1st year heat/hot water, 3400 bucks. converted to oil, 2nd year 764 bucks. installed a buderas boiler w/ecomatic control, and hot water mate.

hope this helps.

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