Propane Tank Rental Vs Purchase

There are pros and cons for both the rental and purchase of propane tanks that should be taken into consideration when deciding between buying a tank or leasing one.

Propane tank rental vs purchase. Companies include the tank s installation within the rental contract so you don t need to hire a licensed professional to install the propane tank for you. Whether you rent or own your tank your propane tank must be installed by a certified technician. February 24 2020 the benefits of propane tank leasing with progas. If this company falls out of favor with you you will need to coordinate a transfer of ownership.

Buying your propane tank. Prices depend on the size of the house how much of the home is gas powered and the climate if heating is included. Buying a propane tank. It goes without saying that more and more homeowners are choosing propane for its reliability safety efficiency and performance.

You get to shop and negotiate the best rate. If you ll be buying your tank you must have a licensed individual install your tank. Unless you own your tank you don t have the freedom to shop. Although rent to own hybrid arrangements do exist they are rare.

However this applies to the tank itself only. Disadvantages of renting before the installation process most companies require you to purchase the piping fittings parts and connections necessary for the propane tank as renting. Or maybe you re renovating your home and will be adding more propane. One advantage to tank rental is that the tank is owned by the propane company meaning they assume responsibility for all maintenance and or repairs.

The cost to install a propane tank for a house ranges from 700 to 4 500 installed but on average expect to pay about 1 500 to install a 500 gallon above ground propane tank and 2 000 for a 500 gallon underground tank. Propane tanks renting vs. In the event that you terminate propane service with the company prior to the end of the initial term the company will charge you an early termination. In some cases cooperative propane companies will purchase the propane tank from eachother.

Leasing a propane tank means you need to purchase propane from the company that owns it. In others you might have to purchase your propane tank then sell. But when you decide to switch to propane you must decide whether to buy or rent a propane tank. Which is better for you.

Perhaps you re building a new home here in greater pittsburgh and will be using propane for heating cooking water heating or other usages. Buy a tank or rent it. Let s look at the pros and cons of owning a propane tank. Most folks only have two choices.

Pros of owning a tank. Are propane tanks on your mind lately. If you plan on renting your tank your installation will be completed by the company renting you the tank. All piping fittings parts and connections are generally the responsibility of the customer to purchase and may incur a service fee for any.