How Much Does It Cost To Rent Propane Tanks?

  • Most propane suppliers will rent or lease a domestic propane storage tank and deliver, install, and maintain it. In other circumstances, the homeowner can utilize the tank for free if they purchase a certain amount of propane each year. (Minimums range from 100 to 1,500 gallons, depending on region and tank size.) Typically, the propane company charges a cost ranging from $25 to $250 per year, with an average of $75 to 130, depending on local rates, tank size, and whether the tank is aboveground or underground. The installation of leased tanks is usually free. A propane vendor in Connecticut leases a 120 gallon tank for $80 per year and a 500 gallon tank for $225 per year, with a three-year minimum commitment. Many firms charge an extra 5 to 30 cents per gallon on deliveries to a leased tank (and some users have claimed extra costs of 50 cents to $1.50 or more per gallon for leased tanks), which adds to the total cost of a leased tank.
  • A 120- or 250-gallon aboveground propane tank costs around $450-$1,000 to buy and install, while a 500-gallon aboveground tank costs about $800-$2,500. For 500 gallons, an underground tank can cost $1,800-$3,000, and for 1,000 gallons, it can cost $2,000-$3,500 or more. A typical 500-gallon aboveground propane tank costs $1,599 to build, while a 1,000-gallon subterranean tank costs $2,995.
  • All tank lease terms and conditions should be laid out in writing, with the homeowner often agreeing to buy propane only from the firm that owns the tank for three to five years. It is prohibited for a propane business to fill a tank leased from another firm in most jurisdictions. A leased tank has the advantage of the propane company being responsible for all repairs and maintenance. Instead of renewing the contract, you can switch to a different propane supplier, but the old tank will need to be removed and a new one installed.
  • In order for delivery trucks to reach a propane tank with its hoses (which are typically 100 to 150 feet long) in poor weather, it must be near an all-weather road. Aboveground tanks should be painted a shiny color and situated above the earth on level ground. The components of a typical propane tank are described by a Texas propane company.
  • Most locations have restrictions controlling where and how a propane tank can be put, and permits from the local fire department are frequently required. A plumbing permit from the local planning authority is also required in some regions.
  • Permit prices typically range from free to $25 to $50 per person, while some places charge more. In most cases, propane licenses are valid for the life of the tank and do not need to be renewed.
  • The normal installation for most propane businesses includes 25 to 35 feet of copper piping and fittings. Additional charges of $1-$2 per foot can be incurred if the tank is located further away from the house.
  • If a propane dealer fills a tank owned by and leased from another company, a punishment of up to $10,000 can be imposed in several areas. If the homeowner falsely claims ownership of the rented tank, the fee is legally his or her responsibility.
  • Used propane tanks can be found for anywhere from 75 cents to $1.25 per gallon capacity ($375-$625 for a 500-gallon tank) on Craigslist or other sites, depending on local prices. Examine the prices and procedures for testing and certifying a used propane tank with your local propane dealer.
  • American Welding & Tank and Trinity Industries are two major propane tank producers.
  • AmeriGas, FerrellGas, and Suburban Propane are three large nationwide propane merchants that sell or lease tanks. There are other smaller businesses, and the National Propane Gas Association offers propane store references by zip code.

Is it better to rent a propane tank or buy one?

Are you trying to figure out how to choose a propane tank? When making such a crucial decision, you must analyze all of the considerations. You have the choice of purchasing or renting.

You have the advantage of ownership when you acquire the tank, which provides you more control. Leasing, on the other hand, means that you delegate installation and maintenance to the vendor. When compared to purchasing a propane tank, leasing is a superior option.

How long can 500 gallons of propane keep you warm?

The 500-gallon propane tank is the most frequent of all the residential propane tank sizes. When the cold weather arrives, you should at least know how long a 500-gallon gas tank will keep a house warm.

A 500-gallon propane tank can last anywhere from one month to fourteen months and four days. Check the chart and graph for different sizes of homes further down for accurate times.

During the winter, the average US household uses roughly 750 gallons of propane. That means the average US household will require two 500-gallon propane tank fills per winter (500-gallon tank holds a maximum of 400 gallons of propane; the 80 percent safety rule).

We’ll take a deeper look at a 500-gallon tank’s lifespan. This will allow us to more precisely determine how long 500 gallons of propane will last in homes varying in size from 500 to 4,000 square feet.

To determine how long a 500-gallon propane tank will last in your home, we must consider the following factors:

  • Your home’s size. Larger dwellings demand more heating, and a 500-gallon propane tank will run out sooner than a smaller tank.
  • criteria for heating (location). Houses in the north of the United States demand more BTU heating than houses in the south. For instance, in Texas, a 500-gallon propane tank will last longer than in Chicago.
  • What is the severity of the winter? We will burn more propane in hard winters than in mild winters. According to the data for average US home winter use from 2010 to 2016, the 2013-2014 winter was the hardest, with an average usage of 830 gallons of propane compared to 750 gallons on a typical winter.
  • Your propane-powered heating units’ energy efficiency. For example, high-efficiency propane furnaces with an AFUE rating of greater than 90 will use less propane to produce the same amount of heat than furnaces with an AFUE rating of less than 70. A 500-gallon propane tank will last longer as a result.

For a house, how long does a 250 gallon gas tank last?

Winter heating is mostly accomplished using 250-gallon propane tanks. You can heat the entire house with a 250-gallon household tank. The most important question here is:

A 250-gallon propane tank can last anywhere from 26 days to 7 months and 2 days depending on usage. That’s a really broad range. The utilization of a 250-gallon propane tank determines its longevity (how much propane per day you burn). This is related to the size of the house you want to heat with a 250-gallon propane tank in an indirect way.

You must evaluate how long a household propane tank will last if you intend to use it for heating. There are two methods for calculating this (we’ll use both later on), namely:

We must also consider that a full 250-gallon propane tank carries 200 gallons of propane. The 80 percent limit applies to all home tank sizes as a safety precaution.

Let’s start by looking at how to figure out how long a 250-gallon propane tank will last for heating purposes using heating demand. After that, we’ll see how long this tank will last for dwellings of 500, 1000, 1500, 2000, 2500, 3000, 3500, and 4000 square feet:

Is it worthwhile to have your own gas tank?

  • Propane at a lower price: If you own your tank, many propane suppliers will offer you a lower propane pricing.
  • There will be no monthly or yearly rental payments: You will have to pay for the tank and installation up front, but there will be no monthly or yearly rental payments.
  • There’s no need for a contract: You are not required to sign a contract that includes minimum usage rates and fees.

What is the average lifespan of a propane tank?

Grills, water heaters, and fireplaces all use small, portable propane tanks, often known as DOT tanks. They can weigh anywhere from 20 to 100 pounds. Its lifespan is determined by the size of your grill and how frequently you use your heater or fireplace.

A medium-sized grill on high heat will use about two pounds of fuel per meal as a rule of thumb. On a medium grill, a 20lb propane tank will give 18-20 hours of cooking time if you follow this rule. In as little as 10 hours, a larger barbecue can burn through 20 pounds of propane.

What is the typical propane tank size for a home?

It’s crucial to know what sizes are available before you can figure out what size tank you’ll need. Use our advice to figure out which of these you should buy based on your specific needs.

Pound Tanks

The 20-pound propane tank is one of the most common household propane tanks, and it’s the size of the tank you’d use to power your propane gas grill or for other small-scale residential energy demands like a fireplace.

Although 20-pound propane tanks are not utilized for home heating or anything else on a large scale, the advantage is that you may buy many tanks to have on hand as a backup, and they can be refilled at any propane supplier.

Pound Tanks

33 pound propane tanks are a niche product. They are almost solely used to power certain vehicles, such as forklifts, although they can also be used to fuel any vehicle that runs on autogas.

A 33 pound propane tank may not be the ideal solution for most residential properties due to its focus on vehicle power. People who own farms or big swaths of land where specialized vehicles may be required may find such tanks highly beneficial.

Pound Tanks

If you have smaller appliances or heating devices that use propane, 100-pound tanks are a suitable alternative. Many individuals, for example, use 100-pound propane tanks to power their gas kitchen ranges and indoor fireplaces.

These tanks are clearly larger than the 20 and 33 pound tanks, yet they are still small enough to be portable.

Remember that the more propane-fueled items you have in your home, the more likely you will require a larger propane tank. Keep in mind that, depending on the size of the tank, local safety and installation laws may be more stringent. Tanks of this size should be kept at least three feet away from your home.

Pound or 100 Gallon Tanks

Tanks that hold 420 pounds are large enough to be employed for a number of commercial applications. These tanks, on the other hand, can be used in a variety of ways in the home.

They can be used as a source of heat in your home, for example. They can also be used to power emergency generators and, if you have one, to heat a swimming pool. These tanks are also excellent for use with a fireplace if you want to use it frequently.

For your information, some homeowners and professionals refer to 420 lb. tanks as “100-gallon tanks” because this size tank can hold 100 gallons.

Gallon Tanks

For household propane use, the 500-gallon tank is the most typical size. It’s frequently used for house heating, generator power, cooking, and pool heating, among other things.

The main advantage of the larger tank is that you can go for longer periods of time without needing to replenish it. When purchasing larger quantities of propane, you may be able to acquire a somewhat lower price by purchasing in bulk.

A 500-gallon tank is the ideal choice for a home that is at least 2,500 square feet and uses propane for many appliances. For 500-gallon tanks, you can select between above-ground and below-ground tank installation.

,000-Gallon Tanks

What’s the long and short of the 1,000-gallon tank? It performs the same functions as the 500-gallon tank, but it is twice the size.

As a result, this tank can be used to heat homes and pools, as well as to power generators. Because of the size of this tank, it should only be purchased if your home is at least 4,500 square feet.

Is propane more cost-effective than electricity?

The clear winner here is mains gas; it is less expensive to heat your home with gas than with electricity, assuming you can get it from the mains.

LPG and heating oil come in second and third, respectively, with electricity and bottled gas coming in last. The Renewable Heat Incentive definitely skews these numbers, especially when it comes to heat pumps that run on electricity, but as you can see from the chart above, a well-insulated home is by far the most efficient.

We hope that this clarifies the prevalent fallacy that utilizing electric heaters is less expensive than using a gas boiler and radiators to heat your home.

How long will a house last on 100 gallons of propane?

We use a variety of home propane tank sizes for heating. The smallest of these tanks is a 100-gallon propane tank. We’ll investigate how long a 100-gallon propane tank can be used to heat a home.

At first glance, the math appears to be straightforward. The 100-gallon propane tank, for example, will last 50 40 days if we use 2 gallons of propane every day for heating. Because of the 80 percent tank rule, a 100 gallon propane tank does not contain 100 gallons of propane when fully charged; instead, it contains 80 gallons of propane when fully charged (safety measure).

In practice, though, we must consider our heating requirements. These are mostly determined by the size of our residence (square footage). As we’ll see later, 100-gallon propane will last anywhere from 11 to 85 days depending on home size and propane consumption in the United States (almost 3 months).

To figure out how long a 100-gallon propane tank will endure, we’ll need to know the following information:

  • A 100-gallon propane tank holds 80 gallons of propane when fully charged. This is a safety precaution; if a 100 gallon contained 100 gallons of propane, the pressure on the internal wall of the propane tank may become dangerously high at higher temperatures.

We can figure out how long a 100-gallon propane tank will survive in two ways:

We’ll demonstrate how to perform both calculations. You should use the first calculation if you know your heating demand (which can range from 10,000 to 200,000 BTU/h).

The second estimate, which is based on average propane consumption and house size, is a simpler way to figure out how long a 100-gallon tank will last.

Note: You may find out how long all propane tanks (from 1 pound to 2,000 gallon) last by visiting this page.

Let’s start with the theoretical calculation, then go on to the far more realistic second calculation (house size based):

How long would a 100-pound gas tank keep you going?

Examples. Your 100-pound bottle will fuel your propane fireplace for roughly 84 hours at a consumption rate of 26,000 BTU per hour, which is equivalent to 3.5 days of continuous 24/7 running.

How long would a 120-gallon propane tank keep you going?

As an example, if you have a 120-gallon propane tank that is 80 percent full, you will have around 96 gallons of fuel in the tank. On your current propane fuel supply, multiply 96 gallons by 1.09 gallons per hour, and you’ll have 104.64 hours of heat and energy left.