The Benefits of Investing in a New Oil Tank

While the benefits of domestic oil tank ownership are manyfold, there comes a point when the onset of time gets the better of your fuel storage system and a replacement becomes inevitable. Whether that’s a consequence of your tank succumbing to general wear and tear after a hard winter, or your property requires a larger tank for your needs, now might be the perfect opportunity to invest.

Fortunately, thanks to advancements in oil tank design in recent years, you can expect your new domestic oil tank to last upwards of 15 years. So, if you do make the choice to replace your tank, you can be confident your new system will provide effective fuel storage for years to come.

Efficiency and safety features of a new oil tank

Investing in a new domestic oil tank can provide a number of practical rewards for homeowners. While an old tank at the end of its life cycle may be subject to damage, leaks, and malfunction—leading to energy waste and, ultimately, higher utility bills—a new tank will increase the efficiency of your heating system. 

Safety is also a key benefit of installing a new oil tank. An older tank, with plenty of miles on the clock, is more prone to leaks and other structural concerns that may cause issues in the future. If not properly addressed, an oil leak can be catastrophic to both your property and the environment. A new tank, however, particularly a double-bunded tank-within-a-tank, is designed with safety in mind and is less likely to experience these types of problems. Meanwhile, many new oil tanks come with safety features, such as automatic shut-off valves that can help prevent the likelihood of oil seepage or any other potential issues you might encounter with an older model.

Economic advantages of a new tank

Perhaps an overlooked consideration, but an important one for those looking for a return on their property investment. In terms of value, a new oil tank, with a professionally installed concrete or slab oil tank base, can make your home more attractive to potential buyers. Modern oil tanks are less likely to encounter issues in the short-to-medium term, while being wholly more energy-efficient, making them a valuable addition to any home. 

While the initial cost of a new oil tank may be higher, it can be more cost-effective in the long run. Newer tanks are considerably more efficient, resulting in lower energy bills and less fuel consumption. Better insulation, more advanced heating systems, and other practical design features can all contribute to these cost savings.

How can CT Tanks help?

If you're considering installing a new oil tank, it's important to take on board all of these benefits and speak with a professional to determine which new tank option is the best for your home. At CT Tanks, we've been providing high-quality oil tank installation services in the South West for 25 years, and work hard to make the process as straightforward as possible for our customers. Why not get in touch and see how we can help?