The cost of a 500 gallon propane tank can vary greatly depending on several factors, such as the location, the brand and manufacturer, and any additional features or specifications. The average cost for a basic 500 gallon propane tank can range from $2,000 to $3,500. This price range can vary depending on the type of tank, such as above ground or underground, and whether it is new or used.
Higher-end models with additional features, such as a larger capacity or extra insulation, can cost upwards of $4,000 or more. These tanks are often made from higher-quality materials and are designed to be more efficient and long-lasting.
It’s also important to consider the cost of installation and any necessary permits when budgeting for a propane tank. Installation costs can vary greatly depending on the location, the type of tank, and the complexity of the installation. Permits and inspections may also be required by local authorities and can add to the overall cost of the project.
Finally, it’s important to factor in the cost of filling the tank with propane. Propane prices can vary depending on the location and time of year, but it’s safe to budget around $1.50 to $2.00 per gallon. For a 500 gallon tank, this means that filling the tank could cost anywhere from $750 to $1,000 or more.
The cost of a 500 gallon propane tank can range from a few thousand dollars to several thousand dollars, depending on the specific needs and requirements. I recommend contacting local propane suppliers or tank installation companies for a more accurate and specific quote based on your location and specific needs.