Last Updated on October 11, 2023 by Flavia Calina
Homeowners should have an old oil tank removed as soon as they notice leaking. A leaking oil tank can contaminate soil and water sources, making it expensive to clean up. It can also make it difficult to sell a home. The price to remove an old fuel oil tank varies depending on several factors, including location and size. It is best to get multiple quotes before hiring a company.
The size of the tank plays a big part in how much it costs to remove. Larger tanks are more difficult to access, requiring more labor to lift and transport. In addition, the cost of labor increases if soil testing reveals leaks. These leaks can contaminate drinking water, and remediation costs can be as high as $10,000. Before signing a contract, homeowners must ask a removal company about their pricing structure. A reliable company should provide detailed project estimates and warranties, including all fees and services.
They should also offer free, no-commitment project estimates for homeowners. In addition, they should provide references and a warranty for their work. These details can help homeowners choose the best oil tank removal Westchester County NY, company, for their property.
Oil tank removal prices vary depending on the size and location of the tank. For example, an underground oil tank will cost more to remove than an above-ground one. In addition, if the tank leaks, additional costs may be required for soil testing and remediation. Prices for oil tank removal are primarily influenced by tank size. Large tanks are more difficult to access and take longer to remove, which increases labor and equipment costs. Underground oil tanks are more expensive to remove than above-ground tanks, and the price is even higher if the tank has a leaking bottom.
Homeowners should always get an upfront quote for their oil tank removal project. Unfortunately, some companies offer homeowners a low initial price and then pile on additional costs as the work progresses. If you’re considering removing your old oil tank, consult several local professionals and get an estimate before starting the process.
Homeowners should be aware of a few costs associated with oil tank removal. The first is the cost of permits. Many towns require that you obtain a permit before you can remove an underground or above-ground oil tank. It is a safety measure to ensure that no one gets hurt during the process. Homeowners should ask their contractors if they will handle the permitting process. It is also important to know if any other costs are associated with removing an oil tank.
These can include soil testing costs necessary to ensure no contamination from the old oil tanks. Some contractors will include the cost of soil testing in their estimates. Abandoned oil tanks are dangerous and can leak, contaminating the surrounding soil. They are also a fire hazard, leading to costly environmental cleanup and property damage. For these reasons, mortgage companies increasingly reject loans to buyers who own properties with leaking oil tanks.
Rust and other debris will eventually collect at the tank’s bottom and form a thick sludge. A qualified contractor will drain this sludge, clean it and haul it to a hazardous waste facility. The cost of equipment depends on the size and location of the tank. Large tanks are more expensive because they require more time and effort to remove. Tanks located underground can also increase costs because they are harder to access. Some homeowners choose to abandon their oil tanks instead of removing them.
This process is known as decommissioning or deactivating the tank. It costs an average of $600 to $3,400 and involves opening the tank, removing oil or sludge and filling it with foam, concrete or sand. It’s typically done when removal isn’t possible or would threaten the structural integrity of a home. This option also requires nearby soil testing and may result in additional costs. Whether you choose to remove or abandon, it’s important to consult with professionals for an accurate project estimate. Read more exciting articles on Today World Info