Is Propane Cheaper if You Buy Your Own Tank?

10 Jun.,2024

 

Is Propane Cheaper if You Buy Your Own Tank?

Is Propane Cheaper if You Buy Your Own Tank?

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Around 5 million American households use propane as their main heating source, and many others use propane to meet some of their energy requirements.

You&#;ve finally decided to start taking advantage of the benefits of using propane in your Long Island home. Is propane cheaper if you buy the tank? Or is renting a tank the better option?

Find out the costs of owning a tank compared to renting one. You can make an informed decision and get the best value from your propane tank.

Is Propane Cheaper if You Own Your Own Tank?

Owning your propane tank can save you money in many ways.

  • Reduced price for propane: Many propane suppliers will give you a better price on propane if you own your tank.
  • No monthly or yearly rental payments: You&#;ll have the upfront cost of the tank and installation, but you won&#;t have monthly or yearly rental payments.
  • No contract needed: You don&#;t need to agree to a contract with minimum consumption rates and fees.

  • Compare pricing options for tanks: You can choose a tank from any manufacturer. The price can vary somewhat by manufacturer, so you may be able to save some money by comparing your options. You can also choose a used tank, which will be a cheaper upfront cost than buying new.

Costs of Owning a Propane Tank

Propane tank ownership has some potential downsides..

Buying a propane tank is an expensive investment.

The cost of the tank will vary depending on the size of the tank, but you could spend several thousand dollars. You&#;ll need to pay for permits as well as installation costs like trenching, piping, and fittings.

You&#;re responsible for service and maintenance charges.

Owning your propane tank means that you&#;re responsible for service and maintenance charges. All propane tanks need regular maintenance. For example, you&#;ll need to replace the pressure regulator periodically according to the manufacturer&#;s guidelines.

Maintenance is especially important for underground tanks. You need to check the anode bags every two years. The anode bags keep the tank from rotting.

Advantages of Renting a Propane Tank

The supplier will maintain your tank

Renting a propane tank has benefits depending on your circumstances. One big advantage of leasing a propane tank is that the propane supplier will install and maintain it. You&#;re not responsible for those costs.

The supplier is responsible for repairs and replacement

Your supplier will repair or replace the tank if any problems occur. The supplier will perform regular testing. They&#;ll keep the tank certified and compliant with safety regulations.

Flexibility when you move

If you sell your property, you can transfer the propane lease to the buyer. You can also have the propane supplier remove the tank if the new owner doesn&#;t want it. You don&#;t have the expense of taking the tank with you when you move or trying to sell it.

Costs of a Propane Tank Lease

Renting a propane tank has some downsides. When you lease a propane tank, you can only buy propane from the supplier who owns the tank. You&#;re stuck with the rate they give you. For this reason, it&#;s important to do business with a trustworthy company.

You&#;re stuck with the supplier

This is not necessarily a bad thing if you find the right company. It&#;s important to find a trustworthy company that provides both good customer service and fair prices on propane. If you want to change suppliers, you often have to pay a termination fee. You&#;ll also have delays waiting for your current supplier to remove the tank.

With competitive price and timely delivery, ABYDA sincerely hope to be your supplier and partner.

Minimum charges

You frequently have a minimum usage rate as part of your lease agreement. This minimum yearly purchase requirement could be a minimum number of appliances running on propane or a total BTU load.

Rental payments

When you rent a propane tank, it&#;s a given that you have to pay rent. In addition, the cost of propane may be higher than if you own your tank. The rental company is getting back the cost of installing and maintaining your tank through the price they charge you for propane.

Buying vs Renting a Propane Tank

From a cost perspective, choosing to buy or rent your propane tank depends on your situation.

Buying a tank is a large investment.

The lifespan of a propane tank can be over 30 years, so you&#;ll be using it for decades.

For some homeowners who don&#;t mind shopping around, being able to find the propane supplier with the lowest-priced fuel is worth the time and expense of owning a tank.

Most suppliers won&#;t lease an underground tank

If you want an underground propane tank, you may have to buy it. Most suppliers won&#;t lease an underground tank.

Renting is better for tank maintenance

You may prefer renting if you don&#;t want to handle all of the maintenance and service responsibilities that come with propane tank ownership.

Whether you choose to buy or rent, you&#;ll be taking advantage of the efficiency and consistency of propane.

Do you live on Long Island? Save up to 30% on propane with Propane Depot

When you&#;re deciding whether to buy or rent your propane tank, a propane supply expert can help you evaluate your options. The experienced professionals at Propane Depot will work with you to find the best solution for your propane needs.

Click here to request a quote or call us at 631-400-SAVE

Sizing A Gas Regulator - An Overview

Sizing A Gas Regulator &#; An Overview

A gas regulator controls the overall amount of pressure in a combustible gas line. There are two basic types of gas regulators: one used with natural gas; the other with propane.

Safe, efficient operation of all gas appliances requires low gas pressure. To obtain the right pressure it is critical to size the gas regulator correctly. If the gas regulator is too large, too much gas can flow into the appliance potentially causing an explosion. If too small, the appliance will not operate efficiently. At worst, it won&#;t operate at all.

What to Know and Do Before Buying a Gas Regulator

Think safety before sizing a gas regulator. Size the gas regulator according to the gas inlet pressure. For this information, contact your local gas company to find out where the inlet pressure is listed. Most of the time, it&#;s on the main gas meter for your home, but contact them directly to be sure.

Get the specifications included with operational instructions for the gas appliance. The specs should include British Thermal Unit (BTU) or the Standard Cubic Foot (SCF) for gas consumption. Read the outlet pressure required for the appliance and size the regulator, according to both the inlet and outlet gas pipe diameter. Most cases require that the inlet and outlet pipe diameters be the same. Designate which type of gas you are connecting to, natural gas or propane.

To summarize, before buying a gas regulator you need to know the following:

  • Inlet pressure &#; can be given as inches water column, ounces, pounds.
  • Outlet pressure &#; can be given as inches water column, ounces, pounds.
  • Flow rate &#; maximum flow rate can be given as BTU/hour, Cubic Feet/hour.
  • Pipe size &#; depends on the application and answers to the first 3 questions.
  • Type of gas &#; normally natural gas, could be propane or another type of gas.
  • Installation location &#; indoors or outdoors makes a difference in production selection.
  • Generator application &#; if regulator is being installed for a generator it is sized to accommodate the initial surge of consumption during startup.
  • Connected load, single appliance or multiple? Are any high efficiency?

Know and follow all local utility regulations when sizing a gas regulator as many local authorities require an inspection before the gas can be turned on for appliance operation.

Uses of Gas Regulators

Regulators are grouped in accordance with how fast they release gas to an appliance so there is a wide variation in size and shape of gas regulators. Though they have many different uses, there are two main types: high pressure and low pressure regulators.

High pressure regulators are designed to allow gas entering from a cylinder to do so at great force, then reduce the level and bring it to a level suitable for the appliance. They are often used with appliances that require powerful, concentrated heat output, including:

  • commercial outdoor grills and barbecues
  • gas torches for metal work
  • roofing or road surface repairs
  • blown-air heater for warehouse or barn use
  • controlling gas furnaces
  • controlling generators

Low pressure regulators are used with appliances that require a steady heat output. These include:

  • portable indoor heaters
  • camping stoves
  • greenhouse or conservatory heaters
  • patio heaters
  • gas-fired barbecue
  • gas-fired appliances in motor homes
  • gas-fired appliance on boats

It is very important to know the application and any special expectations before buying and sizing a gas regulator. The materials used in a high pressure steam application will differ significantly when compared to a low pressure natural gas application. Are you locating the regulator indoors or outdoors? If indoors, will it be somewhere that noise may be an issue?

Be sure you have all the right information to properly size the regulator for the job it&#;s meant to do. For more advice or more information on sizing a gas regulator, get in touch with Hanover Supply Company today.

For more information, please visit Propane Regulator Manufacturers.