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What are the Costs of Oil Tank Removals?

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How much will it really cost to remove that ageing oil tank from your property? With tight environmental regulations and the responsibility of proper disposal, Oil Tank Soil Testing NJ is no simple task. This article will break down the various costs involved to give homeowners a clear picture of what to budget for this necessary home upgrade or remediation project.

Oil Tank Soil Testing NJ

Cost of Site Assessment

The first step is a site assessment by a licensed professional to determine the size and condition of the tank, how it was used, and whether any leakage occurred. Tests of nearby soil and groundwater help identify required cleanup work. Allow $300-800 for this assessment.

Cost of Permitting

Most towns and some states require permits for tank removal. Factors like the tank size and remediation needs determine permitting fees, typically $100-500. The licensed tank removal company handles applications but passes these costs to homeowners. Having appropriate approvals avoids fines for unpermitted work.

Cost of Tank Removal

For an in-ground metal or fibreglass tank up to 1,000 gallons, expect to pay $2,000-5,000 just for its extraction. Bigger residential tanks up to 2,000 gallons are $3,000-7,000 to remove. Aboveground steel tanks are cheaper at $1,000-3,000. Additional charges may apply for difficult access or removal of associated piping.

Cost of Disposal

Removed tanks must go to a licensed scrapyard or other approved dump. Per-tank disposal runs $200-500 on average. Any residual oil or sludge inside also requires treatment and disposal by a hazardous waste firm at a cost of $1,000-3,000, depending on volume.

Cost of Soil Testing

If the site assessment uncovered spillage, confirmatory soil and water tests are essential. The contaminated excavated soil may need characterization as hazardous or non-hazardous waste. Budget $500-2,000 to test a typical residential property fully, with more for extensive contamination.

Cost of Soil Remediation

If leakage has occurred, some level of soil treatment will be mandatory under state regulations. Soil Remediation Services NJ adopt techniques ranging from natural biodegradation or landfarming for minor issues to more extensive processes like chemical oxidation for larger spills. Plan to spend $3,000-15,000 depending on cleanup needs.

Conclusion

The total expense to properly remove an oil storage tank by Soil Remediation Company NJ can vary widely, but it will certainly cost thousands of dollars even for a basic empty tank removal. Homeowners should budget $5,000 at minimum for smaller common jobs and be prepared for far greater costs if leakage occurs or extensive soil or groundwater treatment proves necessary.

Using a qualified specialist will ensure all regulations and best practices are followed to avoid health, safety and environmental risks. Soil Remediation Services near me NJ, like Simple Tank can expertly handle any size job.