The P. Gagnon & Son Blog

When To Replace A Heating Oil Tank

Make a smart investment with P. Gagnon & Son!

oil tank replacement Portsmouth, me If you’re in the market for a new heating oil tank for your Seacoast Region home, what’s available may surprise you!

The heating oil tanks of today are very different from the ones used just a few decades ago. New features on heating oil tanks are designed for durability and the prevention of corrosion. The tanks have several features for added security against leaks, such as double walls with outer walls that can hold 110% of the interior tank’s capacity, built-in leak monitors, specialty paints and polyurethane coatings on the exterior, durable polyethylene and fiberglass interior tanks, and exteriors without welds.

We’ve put together some information about heating oil tanks so you can feel more confident in the process.

Why would I need to replace my heating oil tank?

Nothing lasts forever, in spite of how sturdy heating oil tanks may look. The biggest danger in not replacing your heating oil tank is that it could fail on you. That is something you really do not want to happen.

If your heating oil tank fails, it leaks heating oil in your basement or into the soil. On top of needing emergency service to remove your failed tank and replace it with a new one, you will also be responsible for all cleanup and remediation costs, which can quickly escalate into the thousands and even higher.

Most homeowner’s insurance policies do not cover heating oil tanks, or the costs of cleanup and remediation. P. Gagnon & Son offers tank protection with our TankSure coverage.

We also help protect your heating oil tank with our premium quality heating oil which includes UltraGuard, a special blend of additives that help to prevent sludge from forming in your tank and also keep fuel lines from getting clogged, saving you from potentially costly service calls.

What are my choices for heating oil tanks?

Heating oil tanks are available for aboveground, underground, and in-basement installation.

We strongly recommend that our customers opt for aboveground or in- basement heating oil tanks due to several reasons. One significant reason is that it is comparatively easier to identify leaks in an aboveground tank than in an underground tank.

In addition, if your tank is underground, the expenses for removal, cleanup, and remediation will likely be dramatically more expensive than a tank that is aboveground or located in your basement.
Having an underground oil tank can make it difficult to find buyers when you plan to sell your home in the future. This is because buyers perceive the possibility of an underground heating oil tank to be risky in terms of potential costs.

What are the signs my heating oil tank needs to be replaced?

For many of us, our heating oil tank sits in the basement or outdoors and doesn’t get much attention. However, you should be inspecting your heating oil tank regularly as it often lets you know that it’s ready to be replaced.

  • blistering on the tank’s exterior, especially on and along the bottom of the tank
  • pinhole leaks
  • condensation or weeping on the tank’s exterior long after the tank was filled
  • rust

If you see any of these signs, it likely means your tank is on its way to failing. Get in touch with us to begin the replacement process.

Why do heating oil tanks fail?

The most common reason heating oil tanks fail is corrosion from the inside out. It starts with condensation building up on the interior walls in the empty part of your tank, usually during spring and summer. That condensation drips off and sinks to the bottom of your tank. Once there, it creates an ideal environment for the development of sediment that leads to the corrosion of your tank.

This is why we recommend that our customers top off their heating oil tanks at the end of winter. A full tank means there’s little or no space for condensation to develop, reducing the risk of corrosion.

Replace your heating oil tank for years of security and comfort. Contact us today to get started. And don’t forget to ask about our TankSure heating oil tank protection plans!