We just bought our house last year upstate And we are new to propane. And I didn’t know that the company owned the tank. As a lease as we know it now. I’m not comfortable knowing I don’t own the tank and they can take it from me at anytime. So I’m definitely buying my own tank. Thanks for keeping us newbies informed.
Yep, with a company owned tank you never know what they can or would do. You might have a 100 gallon "Piglet" tank, but they decide your usage isn't enough for it so they switch it for a little 50 gallon "Piglet".
@@10469 If you're going through that much gas then no, I couldn't see them switching to a smaller tank. Just sayin'....if you were only going through maybe 100 gallons or so per year and had one of their 500 gallon tanks, if they needed that tank elsewhere they might do a switch out and leave you something smaller. It's their tank, they can do what they want with it. If you think of their tank like living arrangements- It's an apartment...you get to use it and you're always paying for it. It's never paid off. You buy your own (house) ie...tank and it's paid off. The way companies here do it is (in my experience), you don't pay a lease on your company owned tank. They don't send you a "you owe us" bill. It's factored right in to your cost per gallon and never goes away. As others have said, you'll be responsible for your tank, but there's not a lot to go wrong with a tank. There are gas tanks in my area that have been in service for decades and have never had anything go wrong with them. I have family members who had tanks decades old that worked just fine. My tank that I bought used for the house was made in 2008. It works just fine. I paid $1000, maybe $1100 for it several years ago. I call that a good deal. I saw your question about where to find one. That depends on where you are. It definitely paid to look around when companies can vary as much as $1800 or more for the same tank.
@@northwoodsyankee3528 thanks for the response.. yea you do make a ton of sense and its for good reason. I’m just shocked how they said they would take away the tank? I almost fell out of my seat when I read that. But it’s ok I’m shopping as we speak money is not my concern. Just the time and Aggravation.
@@10469 My company didn't say they'd take my tank. Just saying, a company who owns a tank CAN say that, if you're not using enough gas to for them to justify one of their big tanks being on your property. It'd be like calling up a company and asking them to supply you with a 500 gallon or larger tank. They'll ask what you have for gas appliances and you answer a cook stove and water heater. They'll determine you don't NEED a big tank. They're not gonna give up a big tank like that for a cook stove/water heater and they won't care about somebody wanting to store alot of gas. I have 2 different gas suppliers. One for home and one for camp. I get filled when I call, not on auto delivery. They don't like to fill 500 gallon tanks until they get to 40% or below, but since I'm a "cash account" I think is what they called it, when I hit 50%, they'll top me off. I'm not demanding either, I just call and ask for delivery at their convenience, whenever they're passing by.
Thanks ,i had a brother pass and in his shed he had about 4 100 gallon tanks and out 1 more and connected to his trailer a large maybe 400 gallon and yet, another 400 gallon ,need cleaned and painted now afyer watchi g this i realize i have a a golden oppertunity to make and save money, i was just gonna sell all of them to just get them off the property. Thanks...
Im finding here in Oregon gas companies dont want to sell you a tank unless you are a customer. Great video Im in the middle of a remodel of my home and wanting to convert to propane.
Thanks! Yep, that could be. You never know what you'll get. It all depends on propane companies. Here it wasn't any issue. The company that supplies gas at home sold me the tank knowing they'll never fill it because it was taken way out side of their service area. They didn't care. They still made money selling it. The gas company that is filling it although they didn't get the tank sale, they still make money filling it. Good luck with the remodel.
I rent my tank (Ontario, Canada), like most people up here. It cost me $180.00 per year. A tank up here costs between $3,000-$3,500 (Canadian). It would take me 18 years (approx.) to pay for that tank. It then has to be certified every ten years. There is also maintenance on tank and regulators etc. The company that rents me the tank deals with that. To me it is not worth it buying the tank outright. Very few people buy the tanks up here.
There is no maintenance! I've used my grandma's tank she bought in the 1960's and my mother used it before me. Paying tank rent is just DUMB, financially.
@@squirrelcovers6340 I've never had to pay for any recertification on a tank nor have my parents who have used gas as long as I can remember. This might vary in different places.
I'm going through trying to locate a new AG 500 gal to buy myself, the prices of these things vary widely. Mine will last me all year, plan to fill it in July.
What your sayin is somewhat true but you failed to mention the fact that you take responsibility for the safety of the tank ( insurance not covered by homeowners) maintenence an inspection of the vessel.There is a savings but when you factor in all of the above is it truly worth it
In my case, my insurance company has never asked about my propane tank, so I have not 'failed to mention' anything. As with anything, "Your mileage may vary" depending on what state/country/county you live in. As long as I've owned my own propane tank and as much as I've filled at MUCH lower costs than a company owned tank, it's been well worth it for me.
@NorthWoodsYankee I own my equipment at my home an farm.I had to take out a rider clause on my insurance as there was no company listed as the provider.Only passing this along as I've been in the propane business for 41 yrs an only want others to be aware of the possible consequences
Great Video. I'm in the process of a buying a house that has a 1,000-gallon owned propane tank and the heat source is propane, but the other appliances and hot water heater is electric. Do you think I will be having to fill that tank up a lot? I live in North Dakota, and it does get cold here, but the windows are newer double pane. Thanks for your information.
@@northwoodsyankee3528 Do u think we gonna save if we bought our own tank? You think $300/mo is a lot monthly? Our home is 2400 sqft in central PA. We have 3 tanks 250 gallons each. We use propane for hot water and heat
@@Nclexcorner I'm not an "expert"...just a real life guy. If a propane company has you set up with 3 250 gallon tanks that's 750 gallons...why they didn't just set one, 1000 gallon tank I have no idea. Of course the 750 gal capacity you have is at 100% full, you only get filled to 80%. A 1000 tank would get you 800 gallons at 80%. It sounds like you suck up some gas and they know it....since they have 3 tanks set of that size. I just did another video about a week ago. My neighbor paid $5.79/gal to get filled up....I paid $2.39. That's a slight difference. All because I own my tank, he doesn't own his.
I have no idea where you live and things work differently in different places. I got mine through my gas company. Definitely shop around!! Some companies might want nearly double what others ask.
Thank you for sharing your experience of buying vs leasing a tank. Curious how long a 500 gallons tank lasts if filled near the end of September. Will it make it a good way into the winter? I live in Michigan.
Thanks Eric! The 500 gallon tank will get filled somewhere around 380-400 gallons depending on the temperature, so whatever brings it to 80%. (temp makes gas expand and contract). Your mileage may vary depending on how much gas you use. Got a woman/teenagers in the house? You can expect to use more. I used to use about 100 gallons on an annual basis, but then.....girlfriend, teenager, more laundry, more showers etc. We use more gas in the summer/fall/spring than in the winter because during the winter, heat & hot water is made with a wood boiler. When the boiler is shut down, then we use on demand propane for hot water. We have a couple of gas heaters to keep the chill off in the fall before the wood boiler gets lit up. Gas appliances that are used all year are a dryer, gas stove, refrigerator. So even with the girlfriend and teenager and now a 1 year old, looking at the last fill up, this tank (from full) should last 2 years. going through it at the rate we do now. I need to get a clothesline set up, the dryer doesn't use a lot of gas, but it does...use gas. A 500 gallon tank should last you all winter and then some I'd imagine unless you're ripping through a ton of gas. Let the gas supply crunches happen, let the price games be played throughout the heating season and don't worry about it. A few years back there was a propane shortage here. I wasn't worried, I wasn't looking at a 100 gallon tank nearing empty knowing that it needed to be filled. Fill it sometime in the late spring to late summer when the demand is less. It's cheaper. I don't let it get below 40% which is half.
If you're driving down the road and get in a crash, you risk being injured and smashing up your vehicle. Life is nothing but "what ifs". There's no perfect solution everything. The likelihood of a tank failing is slim. I'm sure it happens from time to time, a valve goes bad or something, but I've never seen it.
@northwoodsyankee3528 yank what are pros and cons.....most rent there must be a reason. They kant alls....bee stupey...ol tomm....pues Como que en El Dia en que LA conoci ist dein Auf Das licht blokey
We just bought our house last year upstate And we are new to propane. And I didn’t know that the company owned the tank. As a lease as we know it now. I’m not comfortable knowing I don’t own the tank and they can take it from me at anytime. So I’m definitely buying my own tank. Thanks for keeping us newbies informed.
Yep, with a company owned tank you never know what they can or would do. You might have a 100 gallon "Piglet" tank, but they decide your usage isn't enough for it so they switch it for a little 50 gallon "Piglet".
@@northwoodsyankee3528 they can do that wow? We have a 500gal and we fill it 2 or 3 times a year.
@@10469 If you're going through that much gas then no, I couldn't see them switching to a smaller tank. Just sayin'....if you were only going through maybe 100 gallons or so per year and had one of their 500 gallon tanks, if they needed that tank elsewhere they might do a switch out and leave you something smaller. It's their tank, they can do what they want with it.
If you think of their tank like living arrangements- It's an apartment...you get to use it and you're always paying for it. It's never paid off. You buy your own (house) ie...tank and it's paid off.
The way companies here do it is (in my experience), you don't pay a lease on your company owned tank. They don't send you a "you owe us" bill. It's factored right in to your
cost per gallon and never goes away.
As others have said, you'll be responsible for your tank, but there's not a lot to go wrong with a tank. There are gas tanks in my area that have been in service for decades and have never had anything go wrong with them. I have family members who had tanks decades old that worked just fine. My tank that I bought used for the house was made in 2008. It works just fine. I paid $1000, maybe $1100 for it several years ago. I call that a good deal.
I saw your question about where to find one. That depends on where you are. It definitely paid to look around when companies can vary as much as $1800 or more for the same tank.
@@northwoodsyankee3528 thanks for the response.. yea you do make a ton of sense and its for good reason. I’m just shocked how they said they would take away the tank? I almost fell out of my seat when I read that. But it’s ok I’m shopping as we speak money is not my concern. Just the time and Aggravation.
@@10469 My company didn't say they'd take my tank. Just saying, a company who owns a tank CAN say that, if you're not using enough gas to for them to justify one of their big tanks being on your property.
It'd be like calling up a company and asking them to supply you with a 500 gallon or larger tank. They'll ask what you have for gas appliances and you answer a cook stove and water heater. They'll determine you don't NEED a big tank. They're not gonna give up a big tank like that for a cook stove/water heater and they won't care about somebody wanting to store alot of gas.
I have 2 different gas suppliers. One for home and one for camp. I get filled when I call, not on auto delivery. They don't like to fill 500 gallon tanks until they get to 40% or below, but since I'm a "cash account" I think is what they called it, when I hit 50%, they'll top me off. I'm not demanding either, I just call and ask for delivery at their convenience, whenever they're passing by.
Thanks ,i had a brother pass and in his shed he had about 4 100 gallon tanks and out 1 more and connected to his trailer a large maybe 400 gallon and yet, another 400 gallon ,need cleaned and painted now afyer watchi g this i realize i have a a golden oppertunity to make and save money, i was just gonna sell all of them to just get them off the property. Thanks...
Sorry to hear about your brother. I'd say he left you a way to save a lot of money if you use propane.
Out of curiosity, I called the same supplier that I got the tank for $2200 a year ago. It's now $1000 more expensive.
Love your honesty! Newbie propane person here and fully got it! Thank you
You're welcome. There's nobody here telling me what to say, bribing me to say certain things etc. It's just cold hard real life facts.
Unbelievable how different the price is for your tank vs theirs.
It definitely pays to shop around.
thanks! just had Amerigas fill my tank for 2 months of service at $750!!!!! in Big Bear Lake CA. I'm looking into this.
You're welcome. It might be worth your time and upfront expense.
Hi. So you're saying that $750 will last you 2 months? Thanks!
@@thebobsmith1991 Gas must be expensive in California and he must use a bunch of it. $750 worth will last me for probably 4 years.
@@northwoodsyankee3528 that makes sense..okay thanks.
Whatsbthe pitfalls of buying a anhydrous 1000 gal on a wagon to use for home use
Im finding here in Oregon gas companies dont want to sell you a tank unless you are a customer. Great video Im in the middle of a remodel of my home and wanting to convert to propane.
Thanks! Yep, that could be. You never know what you'll get. It all depends on propane companies.
Here it wasn't any issue. The company that supplies gas at home sold me the tank knowing they'll never fill it because it was taken way out side of their service area. They didn't care. They still made money selling it.
The gas company that is filling it although they didn't get the tank sale, they still make money filling it.
Good luck with the remodel.
Watch on 2x speed and he sounds normal.
Funny!
I rent my tank (Ontario, Canada), like most people up here. It cost me $180.00 per year. A tank up here costs between $3,000-$3,500 (Canadian). It would take me 18 years (approx.) to pay for that tank. It then has to be certified every ten years. There is also maintenance on tank and regulators etc. The company that rents me the tank deals with that. To me it is not worth it buying the tank outright. Very few people buy the tanks up here.
Canada isn't the US. Every area is different. That's why it is worth looking around to see.
There is no maintenance! I've used my grandma's tank she bought in the 1960's and my mother used it before me. Paying tank rent is just DUMB, financially.
@@squirrelcovers6340 I've never had to pay for any recertification on a tank nor have my parents who have used gas as long as I can remember. This might vary in different places.
My tank here Arkansas to lease 500 gal only 101 year and 1.49gal. Buying not worth it
I'm going through trying to locate a new AG 500 gal to buy myself, the prices of these things vary widely. Mine will last me all year, plan to fill it in July.
Nice. Certainly your mileage may vary on tank and gas costs. Yeah, it's nice to fill up once a year when it's off peak season and the price is low.
Thanks for advice, God bless !
You're welcome. That's what works for me. I just got filled up for $2.08/gal a couple of days ago.
What your sayin is somewhat true but you failed to mention the fact that you take responsibility for the safety of the tank ( insurance not covered by homeowners) maintenence an inspection of the vessel.There is a savings but when you factor in all of the above is it truly worth it
In my case, my insurance company has never asked about my propane tank, so I have not 'failed to mention' anything.
As with anything, "Your mileage may vary" depending on what state/country/county you live in.
As long as I've owned my own propane tank and as much as I've filled at MUCH lower costs than a company owned tank, it's been well worth it for me.
@NorthWoodsYankee I own my equipment at my home an farm.I had to take out a rider clause on my insurance as there was no company listed as the provider.Only passing this along as I've been in the propane business for 41 yrs an only want others to be aware of the possible consequences
@@jalleman61 Thanks for the info. Everywhere is different. That hasn't been an issue with my insurance company.
Great Video. I'm in the process of a buying a house that has a 1,000-gallon owned propane tank and the heat source is propane, but the other appliances and hot water heater is electric. Do you think I will be having to fill that tank up a lot? I live in North Dakota, and it does get cold here, but the windows are newer double pane. Thanks for your information.
Hey,
Hard to say. All depends on:
1. Size of the house to heat
2. How well it's insulated
3. Got girls who are always cold?
This was exactly what i was looking for as a new home owner. Try some apple cider vinegar and water for your condition. Thanks!
Glad I could help. What condition? I can't remember what I said.
@@northwoodsyankee3528 heartburn i think lol
@@thebobsmith1991 I'll dump it on the computer.
Any companies you recommend to buy the tanks?
I live in Canada and wish we had cheap propane.
Where do you buy one and get delievered
It would depend on wherever you live and how things work there.
@@northwoodsyankee3528 metro
Wow wow wow! I’m leasing right now and looking to purchase next year. We pay $300 monthly on their budget plan.
That's a lot of $$ out the door.
@@northwoodsyankee3528 Do u think we gonna save if we bought our own tank? You think $300/mo is a lot monthly? Our home is 2400 sqft in central PA. We have 3 tanks 250 gallons each. We use propane for hot water and heat
@@Nclexcorner I'm not an "expert"...just a real life guy. If a propane company has you set up with 3 250 gallon tanks that's 750 gallons...why they didn't just set one, 1000 gallon tank I have no idea. Of course the 750 gal capacity you have is at 100% full, you only get filled to 80%. A 1000 tank would get you 800 gallons at 80%.
It sounds like you suck up some gas and they know it....since they have 3 tanks set of that size.
I just did another video about a week ago. My neighbor paid $5.79/gal to get filled up....I paid $2.39. That's a slight difference. All because I own my tank, he doesn't own his.
Can you give me any info on where I can buy my own tank like you did???
I have no idea where you live and things work differently in different places. I got mine through my gas company. Definitely shop around!! Some companies might want nearly double what others ask.
Is it safe to transport 100 lb tank horizontally if its empty?
Not "legally" as far as I know.
@northwoodsyankee3528 I saw them at home depot today. I was told horizontally was ok, just not to let them roll around. $254
@@Steve-q1dOh..a brand new tank? Yeah probably fine. Tanks that have been filled, I'm not 100% sure about. Yes...definitely want them secured though.
Thank you for sharing your experience of buying vs leasing a tank. Curious how long a 500 gallons tank lasts if filled near the end of September. Will it make it a good way into the winter? I live in Michigan.
Thanks Eric! The 500 gallon tank will get filled somewhere around 380-400 gallons depending on the temperature, so whatever brings it to 80%. (temp makes gas expand and contract). Your mileage may vary depending on how much gas you use. Got a woman/teenagers in the house? You can expect to use more. I used to use about 100 gallons on an annual basis, but then.....girlfriend, teenager, more laundry, more showers etc.
We use more gas in the summer/fall/spring than in the winter because during the winter, heat & hot water is made with a wood boiler. When the boiler is shut down, then we use on demand propane for hot water. We have a couple of gas heaters to keep the chill off in the fall before the wood boiler gets lit up. Gas appliances that are used all year are a dryer, gas stove, refrigerator.
So even with the girlfriend and teenager and now a 1 year old, looking at the last fill up, this tank (from full) should last 2 years. going through it at the rate we do now. I need to get a clothesline set up, the dryer doesn't use a lot of gas, but it does...use gas.
A 500 gallon tank should last you all winter and then some I'd imagine unless you're ripping through a ton of gas. Let the gas supply crunches happen, let the price games be played throughout the heating season and don't worry about it. A few years back there was a propane shortage here. I wasn't worried, I wasn't looking at a 100 gallon tank nearing empty knowing that it needed to be filled. Fill it sometime in the late spring to late summer when the demand is less. It's cheaper. I don't let it get below 40% which is half.
In Michigan I would expect 3 to 4 refills depending on sq ft of house, Insulation rating, and over all usage. Ect
Thank you
You're welcome. I just call it as I see it from my perspective in life.
It’s well over 8 for me in the northeast
8 what? Bucks a gallon?
Bloke if tank fails ir out all the propane in it plus the tank
If you're driving down the road and get in a crash, you risk being injured and smashing up your vehicle. Life is nothing but "what ifs".
There's no perfect solution everything. The likelihood of a tank failing is slim. I'm sure it happens from time to time, a valve goes bad or something, but I've never seen it.
@northwoodsyankee3528 yank what are pros and cons.....most rent there must be a reason. They kant alls....bee stupey...ol tomm....pues Como que en El Dia en que LA conoci ist dein Auf Das licht blokey
@@comodice905 Try making some sense, then we'll talk.
@@northwoodsyankee3528 te amo de verdad Como loco Como que en El Dia en que LA conoci ist dein Auf Das licht blokey que onda forestero. Que gûera
Could you talk any slower😂
Sure...I could pretend I'm a southerner.
@@northwoodsyankee3528 LMAO :)