Heating Oil Tank

[GAM]

I just got a quote for a Vilco single wall Fiberglass 200G fuel tank

1. Vilco single wall
2. Replacement of fuel lines
3. New fuel filter system
4. Fuel valve protection
5. All pipes and fittings

Purchase price: $ 1,664.64 + H.S.T. $ 249.70 = $ 1,914.34

Anyone had a "better" offer?

Sandy

[mr x]

I'll have to ask Shelley about that one. We had a new one installed two years ago.

[KMcK]

Your insurance agent likely has a worthwhile opinion on this matter too.

[derek]

Your insurance agent likely has a worthwhile opinion on this matter too.

I think mine is worthwhile. Replacement cost of leaking tank: $109,000

We returned home one Sunday in February to find our tank leaking (small corrosion hole in bottom of tank).

Now insurance did cover all of that (strangely, including the $2,000 deductible!), but given the headache of having people digging under my bedroom for six weeks, the literal headache of the oil smell for the first two weeks, and then having to get a new insurance company because that one had had enough of us, I'd say $2,000 would have been cheap.

But as Kyle says, talk to your agent - you may well (should!) get a discount for having a fiberglass tank.

[akr71]

Your insurance agent likely has a worthwhile opinion on this matter too.

It is definitely worthwhile, but may cause you to change insurance companies too. Our current insurance company wouldn't insure our new house unless we changed oil tanks because it wasn't a thick enough gauge. The oil tank is not very old, but building code has changed since then. The tank is inside so corrosion is minimal. A quick call to a different company revealed that they would grand-father our tank in, since it met code when it was installed.

I would rather a fiberglass tank (outside), but I would rather not have to replace my tank right now, when it is in good shape (with a building inspection to prove it).

[hogie]

We just paid $1745 plus GST for a 620L Roth tank in Charlottetown.

On PEI, we have 15-year expiry dates for steel tanks (mandatory replacement) but the Roth (and fiberglass tanks) don't have an expiry date.

The tank is a sexy beast and it made a lot of sense for us to get since I wanted to free up some wall space in the furnace room.

[KMcK]

The tank is inside so corrosion is minimal.

They corrode from the inside outward so having it inside isn't much safer than outside.

[akr71]

The tank is inside so corrosion is minimal.

They corrode from the inside outward so having it inside isn't much safer than outside.

I'd still rather pay $2k in 3-5 years, rather than now.

[GAM]

Was that installed?

Sandy

[quote="hogie"]We just paid $1745 plus GST for a 620L Roth tank in Charlottetown.

On PEI, we have 15-year expiry dates for steel tanks (mandatory replacement) but the Roth (and fiberglass tanks) don't have an expiry date.

The tank is a sexy beast and it made a lot of sense for us to get since I wanted to free up some wall space in the furnace room.

[hogie]

Was that installed?

Yes. Included new fuel line, pipes, filter, etc.

[derek]

The tank is inside so corrosion is minimal.

They corrode from the inside outward so having it inside isn't much safer than outside.

Surely the temperature changes make a huge difference to the speed of corrosion?

[KMcK]

The tank is inside so corrosion is minimal.

They corrode from the inside outward so having it inside isn't much safer than outside.

Surely the temperature changes make a huge difference to the speed of corrosion?

Hmm. Maybe the bacteria would be more productive in the constant temperature of a basement.

[know1]

water which can come from condensation or bad oil gathers at the bottom of the tank. During filling the water plus air gets mixed around which is where bottom inside corrosion is promoted. This and sediment is partially why the intake line is, (should be) slightly above the bottom.

[Tony L]

On PEI, we have 15-year expiry dates for steel tanks (mandatory replacement) but the Roth (and fiberglass tanks) don't have an expiry date.

The tank is a sexy beast and it made a lot of sense for us to get since I wanted to free up some wall space in the furnace room.

Roth tanks are great, but have some problems associated with that style of tank ( top feed ) Here, the tank regulations are a little more strict.
All tanks ( residential ) have expiry dates. The Roth and most fibreglass tanks get 50 years, and as of last spring, single wall steel tanks are no
longer permitted to be installed outside.
The replacement and registration of oil tanks here in NL has decreased my overtime and headaches much to my delight. ( I work in the service sector )