Login

rent or buy 500 gallon propane tank?

Author: Geym

Jun. 17, 2024

55

0

rent or buy 500 gallon propane tank?

i am renting a 250 gallon propane tank.

i should be able to save about 50 cents per gallon if i terminate my rental, and buy my own refurbished tank because i can "shop around" for the best price instead of being "locked in" to the propane company that owns my tank.

by my calculations i will recoup the cost to buy the tank in about 4 years. (i use about 500 gallons per year, saving $250 per year. plus i will save $82 per year for tank rental. $330 per year times 4 years equals $1,320, which will be the cost to buy and install my own refurbished tank). it will go in the same location as the rental tank it replaces.

i don't want a 250 gallon tank because it is too small for our usage. we will not be moving for at least 5 years. we will sell our 500 gallon tank with the house if/when we ever move.

i am responsible for any problems or malfunctions if i own my own tank. but it seems to me very unlikely any maintenance or repairs would ever be needed.

would you answer the following questions:

1. for those of you who rent propane tanks, why do you rent instead of purchase?

2. have you had any problems/malfunctions arise with a propane tank itself (250 or 500 gallon)? was it expensive to fix?

3. do you think the risk of owning outweighs the cost of renting?

4. any other opinions or comments to help me decide.

thanks for your help

For more information, please visit C3H6.

 

What Homeowners Should Know About Heating with ...

Choosing the right type of heating system for your home all depends on your heating needs and what's accessible to you in your area. For homeowners who are looking for the versatility of a gas product that can power multiple appliances, propane may be a beneficial option for you. Liquid propane (also known as liquefied petroleum gas, or LPG) can be widely used to both heat your home and power an array of appliances in your home, but there are some basic things you should know before making the switch to propane heat.

In this post, we'll explain what homeowners should know about heating with propane as well as the advantages and disadvantages of choosing this versatile fuel.

What to Expect When Heating with Propane

Propane is a widely used liquid fuel that is transported and delivered at very cold temperatures. As opposed to natural gas, which is delivered to homes via pipeline, propane is purchased from a local supplier that delivers the fuel to an above-ground or underground storage tank outside the home. While propane is delivered in liquid form, the propane vaporizes in order to supply your heating appliance (and/or other appliances) as a gas through tubing. The pressure of the gas is regulated to a usable level by a regulator at the tank or at the wall.

Unlike with natural gas, propane users will either need to rent their propane tank from the local supplier or, on occasion, purchase an underground tank to own. Propane tanks are sized to meet a home's usage. Because the size of the tank limits the amount of vapor that can be drawn out of the propane, the tank must be big enough to accommodate the consumer's needs. A larger tank can handle a larger energy load, while a smaller tank will vaporize less fuel. The size you need will depend on the size of your home and what you're using the fuel for.

Propane tanks require periodic inspection and certification for functional and safety purposes. Regulations are required in order to ensure that the pressure in the tank is correct for safe and efficient delivery of energy to your appliances.

As we've mentioned, propane is an incredibly versatile fuel that can be used in a variety of different appliances. While propane is a popular option for heating your home, it can also be used to power stoves for cooking, water heaters, generators, outdoor grills, and more.

If you are looking for more details, kindly visit d2 specialty gas manufacturers.

Advantages and Disadvantages of Propane

As with any type of fuel used for heating, propane comes with both advantages and disadvantages for the homeowner to consider. As far as advantages go, many consumers choose propane specifically for its versatility. If they trust it to heat their homes, they also find it convenient to use throughout the home in various appliances. There is also an element of control and customization involved when heating with propane, as customers can choose which appliances to power, how large of a tank they need, and whether to buy or rent their equipment in many cases.

Additionally, according to the American Gas Association, propane is measured at 91,600 BTU per gallon, which provides exceptional value for the energy produced. Propane offers the same comfort and efficiency of natural gas, and can heat faster and maintain warmth longer in your home than electric. Finally, converting your home to propane heat, especially from natural gas or electric, is relatively simple and only requires a few easy installs that can be carried out by a professional when you rent the tank or purchase an appliance.

However, there are some disadvantages or concerns to take into account when using or converting to propane heat. The most important factor to consider is safety, and it's critical that consumers educate themselves and families on proper safety procedure in the event of accidental vapor ignition or gas leaks. Vapors from flammable products as well as propane vapors themselves have the ability to accidentally ignite, so care needs to be taken to ensure all flammable liquids are stored safely and securely.

Propane vapors are heavier than air, so they tend to settle low to the ground or in low areas like basements. Like with any other fuel burning heat system, if you have propane heat, you need to install carbon monoxide detectors in your home. Carbon monoxide is produced when burning fuels and is highly poisonous, but has no odor that can be detected by smell. CO detectors should be installed both low and high on the wall in a home heated with propane, as propane settles instead of rising. In addition to CO detectors, propane detectors can also be installed to sense the presence of propane vapors.

While propane is naturally odorless, mercaptan odorants are also added to the fuel in order to help consumers detect a gas leak by smell. If you smell gas in your home or an alarm on your detector goes off, move to fresh air immediately and call for emergency assistance from a neighbor's home. You can find more propane safety tips at pgane.org.

Aside from safety concerns, some other disadvantages may include adverse weather affecting the delivery of propane and severe weather causing scarcity of propane, especially in colder seasons and climates. The price of propane varies across the country depending on how it is stored and distributed. The price can also fluctuate based on supply and demand throughout the year.

Propane Today and in the Future

Propane is a popular heating fuel choice among homeowners today due to its efficiency, versatility, and availability in areas that are not serviced by natural gas lines. Currently, propane is also used extensively in the transportation industry. It's a common fuel choice for school buses, as opposed to diesel or natural gas. However, one more factor to consider when heating your home with propane is the way it's produced and its potential to make an impact in the future.

Many consumers may be unaware that propane is a byproduct produced during natural gas processing and the petroleum refining process. Additionally, propane can also be a byproduct of the refining of renewable diesel, which is up to 100% renewable. In the future, as the heating industry continues to adopt renewable diesel as a sustainable fuel choice, the production of propane could also become an even greener alternative fuel in the future as a result. If propane is the right heating choice for your home, you may be able to lower your home's carbon footprint as this technology continues to develop.

Want more information on xenon gas for sale? Feel free to contact us.

Comments

0

0/2000

Guest Posts

If you are interested in sending in a Guest Blogger Submission,welcome to write for us!

Your Name: (required)

Your Email: (required)

Subject:

Your Message: (required)

Join Us