We get a lot of questions about fuel oil tanks. We would like to address two of these questions today: where to store them and when to replace them.

Before addressing these questions, it’s worth noting that oil tank removal and installation isn’t a DIY project. Regulations and codes must be followed for both processes. Therefore, you need to hire someone with specialized knowledge, such as a certified HVAC technician, for the job.

Fortunately, HOP Energy can assist you with the process. Our crews will remove your old tank and install the new tank. And you can rest assured that all environmental laws regarding proper disposal will be followed. In addition, of course, all applicable codes will be met to protect your family’s safety.

Where to Install a New Heating Oil Tank

Indoors or outdoors? Above ground or underground? How do you determine the best location for your new oil tank? Here are important factors to consider.


One of the most significant benefits of an indoor heating oil tank is that a tank lasts longer when not exposed to the elements. The new types of tanks also have leak-detection technology, so you can rest easy knowing that your family and property will be safe from harm.


An outdoor tank provides easy access for heating oil refills or repairs, an important consideration during a challenging time such as the recent pandemic. However, even though double-walled tanks are safe, storing the heating oil tank outdoors makes it that much further from your family members and belongings.

An indoor tank isn’t for everyone. However, it is worth noting that outdoor tanks don’t last as long as those stored inside. Fuel oil tanks stored in an outdoor space are more likely to rust. Besides increasing the number of times your tank will need replacing, it is also recommended that outdoor tanks be inspected annually.

Above Ground

Above-ground tanks are easier to install and repair, making both more affordable to homeowners. Another benefit of above-ground tanks placed outside is since they are always visible, you’ll be able to spot a leak right away.

However, above-ground tanks are an eyesore. And, of course, they are more likely to be damaged.

basement heating oil tank 600x400 - Fuel Oil Tank: Where to Store & When to Replace


Underground tanks tend to be larger than most. Having a larger receptacle for fuel oil means fewer deliveries to schedule. However, the obvious benefit of underground oil storage is that the tank is protected and out of sight.

One downside to underground oil tanks is that they are most costly to install and repair. Additionally, an oil leak or spill is almost impossible to catch.

When It’s Time to Replace Your Heating Oil Tank

Don’t wait until cold temperatures are the norm to remove your old oil tank and replace it with a new one. Spring is the best time for fuel oil tank installation.

Here’s how to tell when it is time to replace your fuel oil tank:

  • You’ll know that it’s time to invest in a new oil storage tank if you see signs of oil seepage around the tank feet. You might also be able to detect an odor around the tank.
  • You might consider purchasing a tank if you see breaches in the plumbing connections near the joints and seams. While many of these leaks can be repaired without replacing the tank, you might use the opportunity to purchase a new oil tank.
  • It might be time for oil tank replacement if there is physical damage to your current tank. This damage may have been caused by extreme weather or a wayward mower.
  • If the oil tank gauge or oil lines need replacement, you might use this opportunity to replace the entire tank.

Turn to HOP Energy for Heating Oil Tank Replacement

HOP Energy provides heating oil delivery, heating oil tank installation, and HVAC service for any heating system. No matter if you have aboveground tanks or indoor tanks in your basement, we offer oil tank inspections for all of our delivery customers.

Contact us today