Buy or rent propane tank?

[codeman671]

Originally Posted by DougNH

We have Eastern propane, 500-gallon tank. It is used for cooking, garage heater, and two gas fireplaces, also soon to be whole house gen, which is why we original installed the larger tank.

It has been in the ground about 5 years and we receive a $280/yr rental fee as we do not use a full tank every year, which is waved if you use at least the full tank. So, getting tired of paying this fee I asked to buy it last month, figuring I would get some kind of discount seeing it is 5 years old… no. They want $3274 for the tank, I thought this was a bit much.

Once their tank is in the ground on your property good luck...Proulx in Newmarket wanted a few grand to sell me a 120 gallon buried tank that had been in the ground for 15+ years at a home we purchased, after we had been complaining about the horrible pricing. We were small volume users but were getting hosed. I finally told them to come dig it up and remove it, but warned them that they would have to cross my septic tank and new patio/walkway to get to it, and if anything was damaged they would hear from my lawyer. After a bit of back and forth they gave me a great rate going forward.

At another home we purchased a 320 gallon tank in order to be able to buy where we wanted. I think it was $2500, but it didn't take long to offset that and start saving.

We will be adding a 1000 gallon tank at our new home in Gilford. We will probably look to buy it. Our driveway is steep and we want enough on hand so that we can fill in the fall and not have to worry about it. We will be running a range, generator and possibly some heat. Probably overkill on size, but that the way I tend to roll.