Because most heating oil tanks are underground, it is hard to monitor their condition. At some point, all objects underground will decompose. How long it takes for that to happen to oil tanks depends mainly on the acidity in the soil, but on average, we see most tanks lasting anywhere from 20 to 60 years.
Since most people don’t exactly know the acidity of their soil, or even how long their tank has been in the ground, we strongly recommend tank insurance for everyone.
The yearly cost of tank insurance is $67 dollars. The average cost of a new tank is $2,500. In Seattle, the average homeowner lives in the same house for about 10 years.
PLIA stands for Polution Liability Insurance Agency. PLIA is a state government agency independent from any heating oil company. Registering for PLIA is free, and will cover the cleanup of the soil if a leak occurs. In a nutshell, tank insurance covers the tank, and PLIA covers the soil. For complete coverage, we recommend you have both tank insurance and PLIA.
If your next Puget Sound home is heated with heating oil furnaces, here are five facts to know.Read More >
Want to heat and cool your home while spending less on energy costs? Listen as we talk to Pete on the Home Matters show about ductless heat pumps, renewable diesel, and bioheat.
Winter is in full swing here in the Puget Sound. And given the La Niña forecast, we’re likely in for more wet, cold winter weather. To help you and your home be better prepared for the remainder of this tough winter, we wanted to share some more specifics through the National Weather Service’s long-term winter temperature forecast.
Taking these six simple, preventative steps now can save you time, money, and headaches in the long run, as well as keep your family warm this winter in the Pacific Northwest.
If your next Puget Sound home is heated with heating oil furnaces, here are five facts to know.
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Listen to our latest show on Home Matters. We talk about the history of oil & natural gas, the lower carbon output of bioheat, our friends at Sequential biodiesel, the minimal cost difference, and all about oil and gas leaks. It’s packed with really good info!Read More