Oil tanks can be dangerous. Not only is the potential of an oil leak harmful to the environment but other aspects of oil tanks can be harmful to your home and property. That is why when you decide to install an oil tank, you can never have too much information.
Oil tanks aren’t exactly a priority to most people and they are not something we often think about but they should be. If something goes wrong with your oil tank, it can be costly. Oil tanks also affect the value of your home and your insurance rates. However, when installing an oil tank, there are things you can consider that will lower any risks the oil tank may present. Below we have outlined everything you should know about oil tanks before undergoing oil tank installation.
Underground Oil Tanks
An oil tank is classified as an underground tank when any of the tank or its components are underground – the tank or the lines. Underground oil tanks are typically older oil tanks; usually 25 years or older. This means they are not properly protected from corrosion like newer oil tanks are. Additionally, if something goes wrong with the oil tank in the future, it is much more difficult to get to. This results in a much more expensive fix as well as restoration to your property.
Above-ground Oil Tanks
A tank is classified as above-ground when the entirety of the tank is exposed. Above-ground tanks should rest on a solid concrete foundation either inside or outside the home. Because these tanks are fully exposed, they are easier to get to making inspections and repairs much simpler.
Outdoor Oil Tanks
Outdoor oil tanks can be underground or above-ground. Outdoor tanks are at a high risk of exposure which can cause problems to the tank. They are vulnerable to rain, snow, ice and extreme temperatures which puts them at a high risk for corrosion. When corrosion occurs on an oil tank, leaks and spills can result. If a leak or spill happens, your oil tank can cause considerable damage to your property and the tank will have to be removed.
Indoor Oil Tanks
If possibly, it is favorable to have an indoor oil tank. They last longer and the risk of spills and leaks are minimal because they are indoors. However, indoor oil tanks need to be placed where they can be inspected easily but not be damaged by household activities. An unused basement would be a good place for an indoor oil tank. A garage or driveway is not a good spot for an oil tank as it is exposed to the risk of vehicle damage.
Oil tanks can be installed by anyone. However, we don’t recommend that. If you attempt to install the oil tank yourself you are putting yourself at risk for leakage and spills. A professional will carefully and properly go through the oil tank installation process with a very low risk of any damages to your property.
Your oil tank should be inspected. It should be inspected when it is installed and at least once a year after that. Also, the oil should be inspected when it is delivered. The main cause for concern during inspection is water. If there is water in the bottom of the tank, you have a problem. Water causes the tank to rust which will eventually cause a leak. If water is found during an inspection, it needs to be pumped out as soon as possible. Inspections are necessary to keep our home and property safe.
Take all of these into consideration before starting your oil tank installation. Make the decisions that fit best for your home and property. Oil tanks can cause a lot of damage is not handled properly. Make sure you call a professional to help with your oil tank installation process.