Every once in a while, you may hear of someone having an oil spill. While they don’t happen often, leaks from old and rusty heating oil tanks can occur, so it’s wise to make sure your tank is in good condition.
Insurance policies vary by company and may require domestic oil tanks be replaced after 10 or 15 years, even though they last longer. Oil tanks in our cold and wet climate are susceptible to rust, condensation, sludge and contaminants that cause damage.
Since there is no hard answer on what age a tank should be replaced, it is important not to wait until your tank is over 10 years old to have it checked for potential problems. It is a national building code requirement to have your heating equipment inspected annually by a qualified technician. This is the only way to ensure your tank, oil lines, filters, and equipment are free of major corrosion or leaks. Scotia Fuels provides peace of mind knowing your equipment is working safely and soundly.
When it is time to replace your tank, you have some choices. Steel tanks have been working well for years and have offered safe and adequate storage. New code guidelines now allow many options including double bottom steel, fiberglass, and a few other non-metallic double wall tanks. All offer better protection, longer warranties, along with built-in insurance policies against manufacturing defects for up to 30 years. It’s always best to consult with your insurance company before choosing a new tank. Some may offer longer replacement periods or even premium reductions for installing a better quality tank.
Heating with oil is a safe and comfortable way to stay warm. Scotia Fuels works hard every day to keep it that way. Now that winter is over, you may want to schedule your free annual furnace tune-up (as a Scotia Fuels’ customer, you only pay for replacement parts). While you’re having this performed, one of our expert technicians will also be pleased to inspect your oil tank and let you know what kind of shape it is in. And if you do need replacement, we can install a new oil tank and even provide financing.
Not yet a Scotia Fuels’ customer? Visit us at https://scotiafuels.com/contact-us/ or give us a call at 902-453-2121. We’ll answer within 2 rings and we’ll book you for a complimentary furnace and tank inspection.