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Heating Oil Tank
Posted: Mon Nov 14, 2011 3:32 pm
by 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
Re: Heating Oil Tank
Posted: Mon Nov 14, 2011 4:11 pm
by mr x
I'll have to ask Shelley about that one. We had a new one installed two years ago.
Re: Heating Oil Tank
Posted: Mon Nov 14, 2011 4:48 pm
by KMcK
Your insurance agent likely has a worthwhile opinion on this matter too.
Re: Heating Oil Tank
Posted: Mon Nov 14, 2011 5:19 pm
by derek
KMcK wrote: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.
Re: Heating Oil Tank
Posted: Tue Nov 15, 2011 12:15 pm
by akr71
KMcK wrote: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).
Re: Heating Oil Tank
Posted: Tue Nov 15, 2011 12:27 pm
by 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.

Re: Heating Oil Tank
Posted: Tue Nov 15, 2011 12:59 pm
by KMcK
akr71 wrote:The tank is inside so corrosion is minimal.
They corrode from the inside outward so having it inside isn't much safer than outside.
Re: Heating Oil Tank
Posted: Tue Nov 15, 2011 1:46 pm
by akr71
KMcK wrote:akr71 wrote: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.
Re: Heating Oil Tank
Posted: Tue Nov 15, 2011 4:00 pm
by 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.
Re: Heating Oil Tank
Posted: Tue Nov 15, 2011 4:03 pm
by hogie
GAM wrote:Was that installed?
Yes. Included new fuel line, pipes, filter, etc.
Re: Heating Oil Tank
Posted: Tue Nov 15, 2011 6:04 pm
by derek
KMcK wrote:akr71 wrote: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?
Re: Heating Oil Tank
Posted: Tue Nov 15, 2011 7:12 pm
by KMcK
derek wrote:KMcK wrote:akr71 wrote: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.
Re: Heating Oil Tank
Posted: Wed Nov 16, 2011 1:29 pm
by 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.
Re: Heating Oil Tank
Posted: Wed Nov 16, 2011 7:22 pm
by Tony L
hogie wrote: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 )