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When it comes to choosing the location of your oil tank, it can't be positioned too close to your home to prevent accidents. Your oil tank should be at least 1.8 metres from your home.

How long does an oil tank last?

Unfortunately like most things, oil tanks aren’t designed to last forever. This means you’ll need to change out your tank over time. Most oil tanks will last from 10 to 15 years before they need to be replaced.

The amount you pay for an oil tank to be installed will vary from job to job. There are a range of factors that impact the cost of oil tanks. These include:

• Size of oil tank - Smaller oil tanks are less expensive than large oil tanks.

• Type of oil tank - Depending on the type of oil tank you choose, the price you pay will vary.

• Brand of oil tank - Different brands of oil tanks will have different costs.

• Replacement or new oil tank - It’s usually cheaper to replace an old oil tank than to set up an entirely new oil tank system.

• Location - Depending on where you live in the UK, oil tank installation costs will vary.

New oil tank cost

After considering the above factors, let's take a closer look at new oil tank costs. If you choose a standard oil tank, this will cost an average of £750, while a double walled oil tank will cost an average of £1,050. You’ll also need to pay for installation.

The average oil tank installation cost is £1,200. If you’re looking for more prices and tips, visit our oil tank installation cost guide.

Want to speak to oil tank fitters in Peckham?

Once you’re ready to get started with your oil tank installation in Peckham, why not let us help you find the right professional for your job. Our members are recommended by your neighbours and pass thorough checks to ensure they provide the best service possible.

There are two easy ways we can help you find domestic oil tank installers in Peckham. Firstly, try our free search feature. Just type in your postcode to see a variety of specialists who offer oil tank installation in Peckham.

Alternatively, our request a quote feature is the perfect solution for busy homeowners. Fill in our online form and we’ll pass your information to three oil tank fitters in Peckham. They’ll then contact you with three fair quotes.

How much does it cost to remove a UK oil tank?

If you no longer need your oil tank or you’re planning to switch to another fuel source, you are probably wondering how much it costs to remove a UK oil tank? Depending on where your tank is located, whether your tank is empty, and the size of your tank, the oil tank removal cost can vary.

The average oil tank removal cost is £750 but as we mentioned above, this cost is not fixed. For more information and advice, check out our oil tank removal cost guide.