The compensation we receive for those placements affects how and where advertisers offers appear on the site. Satisfaction Guaranteed. An above-ground option is a mid-range solution. Most states require a closure license to remove a tank. The crew that did the job was friendly, clean, and efficient. Don't assume an undocumented or poorly documented tank closure/removal was done right. Prices vary depending on where the tank is positioned. The harder the surface where the tank is buried, the more you're likely to pay for its removal. In addition to the major costs that impact pricing, there are other costs to consider as well. Depending on the current placement of your oil tank, you might also have to budget for the installation of a concrete base. Your removal expert will also conduct a soil test to check for oil leaks. Get expert advice on your home, design tips, how much to pay for pros and hiring experts, delivered to you daily. Financial responsibility (VPSTF deductible): Tank owners are responsible for paying for the first $500 of cleanup costs. If you have a house with an oil tank, you should expect to replace the tank every 10 to 20 years. The cost of removing your heating oil tank can vary, but generally speaking, most contractors charge between $1000 and $2500 for a removal. A DIY option doesnt exist for dealing with a fuel oil tank. The takeover has rendered fuel oil tanks not just useless but potentially hazardous to the health of the environment as well. Typically, it costs more to replace and remove an oil tank that is outside and buried underground. Need professional help with your project. The contractor needs to first dismantle and partially demolish the tank in your basement to fit the pieces through a window or out a door. Our experienced team will help you every step of the way with your underground oil tank removal, above-ground oil tank removal, or basement oil tank removal. Above Ground Outdoor This project involves flammable materials best left to the professionals. Smaller tanks are less costly because they take less time and effort to remove and may not need special tools. Roughly $500 to $1,200 of your budget will go toward labor. We do not present information about every offer available. Deanes primary career goal involves sharing home-related knowledge and providing self-sufficiency tools to as large an audience as possible. If theres an oil leak or if youre replacing a buried oil tank, you will also have to budget for cleaning fees. Embed this data. This will help youget a greatprice for your oil tank removal project and great customer service, too. Even supposedly empty fuel oil tanks are a risk for oil leaks and spills. Where are you located? Remaining fuel in the tank: If there's unused oil in the tank you need to remove first, the total cost can rise. If you purchase a home with an unused heating oil tank or upgrade the HVAC system in your home and no longer need the tank, its usually best to include the cost of removing it from the premises. If a salvage yard isnt an option, you can also contact a local landfill for more information. She has almost four years experience in the home improvement space. For example, expect to pay more if you need to remove fencing and other structures first to gain access to the tank. The cost is between $1,500 and $3,000. In general, labor costs average around $1,300. Take a soil sample. Each type of tank costs a different amount to remove, with those buried underground typically costing more. It will also depend on the restrictions for oil tank replacement services where you live. 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Mancuso, Anne & Mueller, Benjamin, "2 Workers Die When a Backyard Fuel Tank Explodes in Westchester County", The New York Times, 8 May 2015, p.A19. If you get an indoor installation, you'll pay on the lower end since you won't have to build access holes or a concrete slab. You have three main filling options: Foam: It reaches more areas of the tank than concrete or sand. Soil testing and remediation: If your tank leaks, soil testing and possibly ground remediation might be required. Northeast Environmental of Westchester County, NY, is your go-to for fuel tank installation and clean-up. The Connecticut Council on Environmental Qualitys December 2019 report on the extent of accidental releases (spills and leaks) of home heating oil in Connecticut and recommendations to reduce the incidence and severity of accidental releases. Russell E. Milford, CT. 38. The type of tank that you choose will significantly affect the total cost of replacing your old one. Expose and abandon underground tank as described above. You need a professional to do this job. Have your contractor extract the reusable oilif anyfrom your tank to avoid letting costly gallons go to waste. We have an old oil tank in our basement, looks to be 250-275 gallons. Over the course of the tanks lifespan, a high quality installation can save you thousands. The typical range is anywhere from $800 to $3,800 depending on the size of the tank and whether you get an indoor, above-ground, or underground installation. The Forbes Home editorial team is independent and objective. Not sure where to start to find a high-quality oil tank replacement contractor? The time it takes to remove a fuel oil tank is the most significant cost factor. Oil Tank Abandonment and Decommissioning Costs, Significant Factors That Affect Oil Tank Removal Costs, Additional Costs to Consider When Removing an Oil Tank. cool and protect your household. Check yours today so you are not hit with a $10,000 to $40,000 remedy when it is an emergency. An outdoor above-ground oil tank is the mid-range option in terms of cost. In 2018, 45% of Connecticut households used fuel oil or other petroleum products as the primary energy source for home heating. If you can swing it, opt for a smaller tank thats easier to install. Here are a few factors to consider when budgeting for this project. Such approved training includes both of the following courses: Educates homeowners, landlords and local officials on the hazards of having an unprotected oil line installed underground or within concrete basement floors. Online portal: to file a complaint or ask a question Website: On the home page, look for Complaints and Questions". Call Us for Info Today. However, if your oil tank is leaking, rusting, or the heating has decreased, you should consider replacing it. At Aiello, we help homeowners calculate the tank size that works best for their home. If your tank is buried in a basement, you'll likely pay $500 to $1,000 extra for excavation and extraction. Oil tanks range from around 220 to 330 gallons, and the larger the oil tank you choose, the more it will cost. Some tanks are buried underground, while others are above-ground. Sooner rather than later is the best time to address that old heating oil tank in the yard or taking up basement space. All oil storage tanks have an oil line that carries oil from the tank to the furnace. 603-669-3033. . Oil Tank Removal Cost. Soil testing during removal of an aboveground tank averages $300. Oil tanks can be large and heavy and prove difficult to remove without the correct methods in place. The cost of removing a domestic oil tank is normally between 500 and 1,000. Soil contaminated by heating oil must be removed or remediated according to regulations in your area. The cost to replace an oil tank averages around $1,900, including the removal of the previous one and installation of the new one. Reimbursements are subject to a $1,000 deductible, which is satisfied by the first $1,000 of eligible costs paid by the tank owner. To help you prepare for this project, well give you a breakdown of each of the cost factors above. Enter a zip below and get matched to top-rated pros near you. This additional work, which isnt required for an aboveground tank, increases the time, labor and machinery associated with completing the job. This cute home also offers a newer heating system, new oil tank, freshly painted, new laminate flooring and much more. The physical condition of your heating oil tank can play a significant role in pricing if the tank has allowed fuel oil to penetrate the metal and reach the soil. Basement Tanks Tank Exchange Program MTR offers an in-basement oil tank exchange program for older, leaking, or sludge-plugged in-basement, in-garage, or inground tanks. Most home heating oil tanks last between 15 and 30 years. However, if the tank is wholly or partially inaccessible where excavation or removal could jeopardize the homes integrity, such as being buried under the houses foundation footings, abandonment or decommissioning of the tank is a possibility. To help support our reporting work, and to continue our ability to provide this content for free to our readers, we receive compensation from the companies that advertise on the Forbes Home site. Commissions do not affect our editors' opinions or evaluations. While homeowners pay between $400 and $3,000 for all removals before factoring in the cost of oil tank replacement, there's a big difference between moving aboveground and underground oil tanks. This includes: Financial risk Health risk Our costs are ballpark averages - get a local tradesperson to quote now. Customer service is first priority at Martin Tank Removal. For major contamination, oil tank removal cost as high as $100,000 has been reported. However, insurance coverage depends on the specific facts and circumstances of your loss and the terms, conditions and exclusions in your homeowners insurance policy. Soil samples must be taken by a certified professional if you have reason to suspect that your oil tank is leaking. Underground tank removal costs between $1,000 and $3,500. However, any spill that leaks more than a gallon of oil will require professional remediation. However, your estimate will include some fixed costs related to materials. Your contractor will charge you for dirt fill or foam used to fill the tank after cutting it open. . Please see our. The average cost to replace an oil tank is $1,900. 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