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Leased vs Owned Tanks

It’s important to know what you are getting into when you invest in new products and equipment. For that reason, Sunshine Fuels wants to ensure that our customers throughout Rhode Island know the difference between leased and owned propane tanks so that they may make an informed decision.

Leased Tanks

  • Tanks are maintained by Sunshine, so any repairs will be our responsibility, not yours
  • Costs associated with tank maintenance are incorporated in rental fees
  • Propane must be purchased from the Sunshine, otherwise there will be tank lease termination
  • Professional surveillance of propane tanks to provide protection of your home and our employees
  • When you move, Sunshine needs to be notified so that we may move your tank for you
  • There is a minimum annual propane usage requirement
  • You must have upstanding credit

Owned Tanks

  • Owning a tank means also purchasing piping from the tank to the house, regulators, fittings, propane, and other installation-related parts
  • Most companies will not sell and install a tank without also filling it with propane
  • A dealer will not sell a tank to an unlicensed person for non-professional installation
  • There is likely financing available to people who qualify, or you can pay for it upfront
  • You can buy gas from whichever propane company you choose
  • There are limited warranties on tanks that should be read and understood before purchasing
  • Propane prices may differ from people that lease tanks directly from that company
  • You can include your propane tank as part of your home’s sale if you move

Do you have any questions? Feel free to contact us. Sunshine also proudly delivers propane and offers unbeatable service plans around the Rhode Island area.