If you’re one of the many farmers expanding propane storage for your operation, you may find yourself contemplating the pros and cons of leasing a propane tank versus purchasing and owning one. While owning a tank gives your operation greater flexibility with fuel suppliers, the upfront cost can be very expensive depending on your equipment needs. Leasing does not require an up-front investment and establishes a dedicated supplier relationship but may also come with a leasing fee.
The final decision is a matter of individual preference. This Cenexperts video discusses how to evaluate the advantages and disadvantages of leasing versus owning a propane tank.
To learn more about propane safety tips and guidelines, visit the Cenex Propane Safety Page, and to find a propane distributor near you, visit the Cenex dealer locator.