We naturally think that a used equipment purchase will result in cost savings when compared to buying new equipment, but that isn’t always the case especially when it comes to LPG bulk storage. More and more propane retailers are increasing bulk storage capacity
Okay, so you’ve decided to add more LPG bulk storage, but you’re not sure about the best way to pay for it. If you’ve got it, paying in cash is always an option and will keep the debt load down, but maybe there are other investments you’d like to make this year. Why not consider leasing it?
Freight costs can be significant so should be understood when making a decision to buy a bulk storage vessel. In this article I’ll review the typical costs associated with shipping 18,000 gallon and 30,000 gallon storage units.
The cost to ship an 18,000 gallon or 30,000 gallon skid unit or bulk storage vessel to your location can run as little as 5% or as high as 15% of the cost of the storage unit.
When it comes time to add bulk storage, there are a number of considerations; tank type, tank size, with or without pump, electrical supply, space available, permitting requirements, and purchase price to name a few. Tank types can be further categorized as either permanent storage or temporary
There are certain state laws and regulations that must be followed, but for most people the decision to go with an above ground or underground propane tank is based on the space in your yard or commercial site and the desire to have the tank out of sight. There are some other factors to consider and we’ve listed a few of those here.
Our standard skid unit comes with a 10 horsepower, 3-phase electric motor. However, many of our agricultural customers and other bulk LPG storage customers in rural areas have access to only single-phase power. So naturally, we often get asked how someone with single-phase supply can use one of our skids.