Posted on April 19th, 2023

As a homeowner or business owner, if you have an oil tank that is no longer in use, you may be considering having it removed. However, the cost of oil tank removal can vary widely depending on several factors. In this post, we will discuss what you can expect when it comes to the cost of oil tank removal and what factors can influence the final cost.

The average cost of oil tank removal

When it comes to the cost of oil tank removal, no fixed amount can be applied to all cases. The actual cost can vary significantly depending on the various factors that influence the process. However, it is helpful to have an idea of what the average cost may be.

According to HomeAdvisor, the average cost of oil tank removal is around $1,000. However, it is important to note that this is just an average and that the actual cost can be much lower or much higher. The cost can vary based on the size and type of the tank, the location of the tank, and the condition of the tank, among other factors.

The size and type of the tank can have a significant impact on the cost of oil tank removal. For example, larger tanks may require more labor and equipment to remove, which can increase the cost. Additionally, if the tank is located in a difficult-to-reach area, such as a basement or crawl space, it may require additional labor and equipment to remove, which can also increase the cost.

Several factors can influence the cost of oil tank removal, including:

Size and Type of the Tank

The size and type of your oil tank are crucial factors that can influence the cost of removal. Typically, larger tanks require more work to remove than smaller tanks, which means more labor and equipment are necessary to complete the job. Additionally, tanks that are in hard-to-reach areas, such as basements, crawl spaces, or underground, may also require additional labor and specialized equipment, which can add to the overall cost.

The type of oil tank you have can also affect the cost of removal. Above-ground oil tanks are generally easier to remove than underground tanks. Underground tanks may require excavation, soil removal, and other specialized techniques to be removed safely, which can make the process more complex and costly.

Furthermore, the materials used to construct your oil tank can also affect the cost of removal. For example, steel tanks are generally more expensive to remove than plastic tanks because they are heavier and require specialized equipment for removal.

Age and Condition of the Tank

The age and condition of your oil tank are essential factors to consider when determining the cost of removal. Older tanks may require more labor and specialized equipment to remove, as they are more likely to have issues with rust or corrosion. Rust and corrosion can weaken the structure of the tank, making it harder to remove without damaging your property. The weakened structure may also make the tank more prone to leaks, which can increase the cost of removal.

Moreover, tanks that have experienced leaks or spills require additional cleanup efforts, which can add to the overall cost of removal. The contaminated soil or groundwater around the tank may need to be excavated and treated before it can be disposed of safely. The cost of cleanup efforts can vary widely depending on the extent of the contamination and the regulations in your area.

Location of the tank

The location of your oil tank can also affect the cost of removal. If your tank is located in a hard-to-reach area or requires additional labor and equipment to access, it can increase the cost.

Permitting and inspection requirements

Depending on your local regulations, you may need to obtain permits or inspections before removing your oil tank. These requirements can add to the cost of removal.

How to Save Money on Oil Tank Removal

While the cost of oil tank removal can be significant, there are several steps you can take to save money, including:

Choose a licensed and insured professional for the job

Hiring a licensed and insured professional can help ensure that the job is done safely and efficiently. It can also help you avoid costly repairs or environmental hazards down the line.

Get multiple quotes

Getting multiple quotes from different professionals can help you find the best price for your oil tank removal needs. However, be sure to compare apples to apples, and don't just choose the cheapest option.

Consider bundling services

If you need other oil tanks services, such as installation or maintenance, consider bundling them with your oil tank removal. This can help you save money and time by having all the services done at once.

In conclusion, the cost of oil tank removal can be a significant expense for homeowners and businesses alike. However, by understanding the factors that can impact the cost and taking steps to save money, you can minimize the impact on your budget.

At JD Oil Tank Service, we understand the importance of safe and efficient oil tank removal. Our licensed and insured professionals have the expertise and equipment to remove your oil tank quickly and safely while minimizing any disruption to your home or business. We can also assist with permitting and inspection requirements to ensure compliance with local regulations.

In addition to oil tank removal, we also offer a range of other services, including oil tank installation and maintenance. By bundling services with us, you can save time and money while ensuring the long-term safety and efficiency of your oil tank system.

If you need oil tank removal or have any concerns about the condition of your oil tank, contact JD Oil Tank Service today. Our team of experts is here to help you with all your oil tank needs and ensure the comfort and safety of your home or business. Reach out or get in touch with us at (978) 853-6403 or (800) 732-8265 to schedule a consultation or learn more about our services.