Even the best oil tanks won’t last forever. How do you know when it’s time to replace your home heating oil tank? While other types of equipment can be fixed before replacements are necessary, oil tanks are different. Oil tanks typically cannot be repaired, so it’s best to replace yours when the time is right. So how do you know when it’s time for a new tank?
How Long Does An Oil Tank Last?
The Maryland Department of the Environment recommends replacing your oil tank about every 15 years. If your tank is older than 15 years, it may be at risk for a potential leak that could cause environmental harm, among other problems. Oil leaks are very costly, but proactive replacement at the end of your tank’s life is the easiest and best way to prevent an expensive oil leak in your future.
Why Do Oil Tanks Leak?
Sludge naturally forms and settles at the bottom of and oil tank its lifetime, This sludge is a collection of water and sediment that occurs naturally during the process of heating fuel oil. Even in a brand new tank with the cleanest oil, an accumulation of sludge will build up in the tank.
Normally this buildup only becomes a problem after years of use. The settlement of sludge over many years rusts the tank from the inside out, creating a risk for oil leaks. Since the rust occurs on the inside of the tank, you may not notice anything is wrong until the oil is already leaking. By then, you may be in for some expensive surprises.
What Will Happen If I Choose Not To Replace My Oil Tank?
As water, sediment, and sludge accumulate at the bottom of your oil tank, your furnace or boiler could experience problems from contaminants entering the system. As this occurs, you may notice:
- A loss of heat during a critical time of need.
- Multiple equipment breakdowns leading to service calls and repairs.
- Erosion of the burner tips and mechanical parts.
Eventually, your tank could leak, as the sludge and sediment rot your tank. Oil leaks have limited warning signs and are unpredictable. Oil leaks are environmentally hazardous as well. According to the Maryland Department of the Environment, the average oil leak clean-up can cost from $10,000 to $50,000. These costs are the homeowner’s responsibility.
A simple tank replacement when the time is right can save you a great deal of money and trouble.
What Are The Benefits of An Oil Tank Replacement?
By replacing your current oil tank now, you can avoid an environmental complication and save thousands of dollars associated with the clean-up of an oil spill. Proactive replacement gives you time to select the best replacement option for you. That way you can choose the most efficient unit to save on your energy bills, as well as add to your home’s resale value.
Oil Tank Replacement With SMO Energy
SMO Energy offers a number of affordable options for home heating oil tank replacement as well as 0 percent in-house financing. Visit the SMO Energy site to learn more about new oil tanks like the double wall tank, which provides double the protection. Whether it’s a replacement oil tank or a heat pump, we can help keep your family comfortable all year long while saving money.