What Is a Tank Lease?

LG Jordan can set you up with the perfect propane storage.

More homeowners across North Carolina are making the switch to high-efficiency propane appliances. From room heaters and tankless water heaters to gas fireplaces, stoves and clothes dryers, propane equipment can significantly boost your quality of life. Best of all, it provides exceptional power, comfort and reliability without relying on a natural gas utility connection.

However, some homeowners may be concerned about the initial investment required to install a home propane tank. Purchasing a new tank outright can be a daunting financial prospect. Fortunately, at LG Jordan Oil & Gas, we offer a solution that is affordable, convenient, and low-stress: a propane tank lease.

What Does It Mean to Lease a Propane Tank?

Leasing a propane tank is a straightforward and highly convenient alternative to owning one outright. Rather than purchasing a fuel tank, you simply rent it from the company that supplies your propane for a modest, predictable fee.

When you lease from LG Jordan Oil & Gas, our licensed and experienced team will guide you in selecting the proper tank size for your property and manage the entire installation process. As long as you remain a customer, we take care of the tank itself. This includes routine maintenance, safety checks, necessary repairs and, eventually, replacement.

The Advantages of Leasing Your Propane Tank

Like leasing a vehicle, leasing a propane tank is often the most cost-effective path forward. It helps reduce unexpected expenses and prevents service interruptions. Here are a few key benefits to consider:

• Lower Upfront Costs: Purchasing a propane tank requires a significant initial investment, often ranging into the hundreds or thousands of dollars, depending on the size you need. Leasing completely removes this barrier.
• Expert Sizing and Installation: A well-established provider like LG Jordan Oil & Gas maintains a wide inventory of tank sizes. We ensure you are matched with the exact size necessary to run your appliances optimally. We also handle the installation, line connection, and vital safety testing.
• Ongoing Maintenance and Support: Our team handles all ongoing maintenance. We are always available if an emergency repair is ever needed for your fuel storage or gas lines.
• Flexibility for the Future: If you remodel your home or install additional propane appliances that require more fuel storage, we can easily replace your leased tank with a larger size. We can even set you up with wireless tank monitoring to help you keep track of your fuel levels remotely.

Are There Downsides to Leasing a Propane Tank?

While the vast majority of our customers choose to lease, it is important to understand the differences between leasing and ownership so you can make an informed decision.

The primary limitation of a leased tank is that it can only be filled by the company that owns it. If you ever decide to switch propane providers, you may need a new tank installed. Owning a tank outright may allow you to shop around for propane suppliers. However, those companies will typically require a thorough safety inspection and proof of ownership before they agree to fill it.

Lease a Tank with LG Jordan Oil & Gas

Leasing a propane tank from LG Jordan Oil & Gas means enjoying a full-service, worry-free experience. Our professionals will evaluate your home’s propane usage, recommend the ideal tank and handle all the necessary permits and hookups.

If you live in Wake, Chatham or surrounding North Carolina counties, contact LG Jordan Oil & Gas today. Enjoy a hassle-free propane tank installation and the most dependable propane delivery service in the region.