Underground Gas Tank Removal Cost

Pricing varies based on your geographic area and how difficult it is to access the tank.

Underground gas tank removal cost.

On average the cost to remove an underground storage tank is 1 000 3 000. Aboveground storage tank ast removal runs in the 300 to 1 500 range an underground storage tank ust removal costs 1 000 to 3 500 for hazardous liquid storage and petroleum add another 500 to 1 800 for soil testing and 500 to 10 000 for remediation. Above ground oil tank removal costs vary but usually range from 408 to 1 001 with an average of 696. Oil tank replacement cost can be 1000 to 2000 depending on oil tank prices as well as the size location and type of tank.

Removing an underground tank is considerably more difficult and therefore more expensive with an average cost. Installing a residential propane tank costs 275 to 5 150 or 2 750 on average. What are the costs of removing underground storage tanks usts. Water or oil tank removal cost.

Tanks may contain a wide variety of liquids ranging from non hazardous to extremely hazardous substances. Pricing varies based on your geographic area and how difficult it is to access the tank. The tax treatment of an company s costs of updating its underground storage tanks to conform with environmental protection agency epa requirements. Removing an oil fuel or water tank costs 1 065 on average and typically ranges between 507 and 1 627.

Leaking underground storage tank cleanup process. So if you are looking for a company to thoroughly and efficiently handle the gas station tank removal we at american petroleum will make the job easier for you. The cost of ust removal depends on many things ranging from the size of the ust depth it was buried over ground landscaping and whether or not it leaked. The cost of oil tank replacement usually includes an above ground tank as the risks of contamination from underground tanks are too great.

You asked whether the costs of updating underground storage tanks may be deducted and whether this position reconciles with rev. Fuel tank decommissioning has factors to consider and these are mostly related to safety environmental or the company who did not meet the required standards. Since gasoline is the most common material that is stored in underground storage tanks ust we will limit our examples to spills from gasoline storage tank and dispensing systems. This is a common question however the answer is not that easy.

The cost for a small project is as low as 275 while larger projects may cost as much as 2 400. About two years ago i was considering purchasing a defunct gas station and was researching how much it would cost to eliminate any concerns about the buried gas tanks.