FAQs about Oil Tank Abandonment in NY

Has your oil tank reached its expiration? Inactive tanks can be problematic if they are not properly taken care of. Oil tanks can start to collect moisture, causing them to rust from the inside out—and when the bottom of the tank starts to rust, it can create holes that allow the oil to spill. This is why you may be thinking it is time to abandon your oil tank, but before you do that, there are some things you need to know. Keep reading to learn the answers to some frequently asked questions about oil tank abandonment in New York.

What Is Oil Tank Abandonment?

Oil tank abandonment is different from oil tank removal. When you abandon your oil tank, it is completely deactivated and all oil is removed from the tank. Oil tank abandonment does not remove the tank, so property restoration requirements are minimal. Once all the oil and sludge are safely removed from the tank and the tank is cleaned, it is then filled with sand or gravel and all pipes are disconnected.

Will Oil Tank Abandonment Affect My Property Value?

Unlike oil tank removal, oil tank abandonment leaves the tank on your property. It may be more effective to remove the tank completely. Though tank abandonment costs less than tank removal, complete removal has the potential to make your property more appealing to future buyers in the long run.

Is There an Alternative to Tank Abandonment?

Yes, you can always remove the home heating oil storage tank from your property. When the storage tank is underground, this will involve excavation, refilling the hole, and removing the tank from the site. ParkSide Fuel Service has years of experience removing underground oil storage tanks from even tricky and tight quarters, so if you’re interested, don’t hesitate to get in touch with our team.

Is It Cheaper to Remove or Abandon an Oil Tank?

In the long run, removing your oil tank is the more cost-effective option. Completely removing the tank will eliminate any residual effects and get your property back to the way it was before the underground tank was installed.

Related Post: Why It’s Important to Get Your Oil Tank Removed

Contact ParkSide Fuel Service

If you’re considering removing or abandoning your New York property’s oil tank, ParkSide Fuel can help with that. Our team of qualified tank installation, removal, and abandonment professionals is always pleased to assist our New York customers with any heating oil storage tank services that they may need. Contact us today to learn more or book an appointment.