Do you have concerns about your old underground oil tank? So many homeowners have difficulty selling a home with an underground storage tank, and can't afford to have it upgraded. The State of NJ has now offered to help!
Now, you can get up to $3000. from the State of New Jersey to upgrade your tank.
Go to www.newtanksnj.org
This website has been created to simplify the process of getting a state grant to pay for your tank upgrade.
You can use the money to pay for a new, environmentally safe underground or above ground tank.
Like all government grant programs, there is paperwork to be filled out and instructions to read.But, everything has been organized and streamlined to help you save time and make the process as easy as possible.
Like any home appliance, an oil tank can last for many years. Almost all New Jersey homeowners are now eligible to receive funds to upgrade their underground storage tank.
About the Program
Because of recent changes enacted by the state, almost all New Jersey homeowners are now eligible to receive funds to upgrade their underground storage tank.
The Petroleum Underground Storage Tank Upgrade Remediation and Closure Fund was first established in 1997, but only applied to tanks that leaked. Money for the fund, administered jointly by the New Jersey Economic Development Authority (NJEDA) and the New Jersey Department of Environmental Protection (NJDEP), comes from corporation taxes levied by the state.
On August 2, 2006, Governor Corzine signed legislation that enacted important changes to the fund. The change gives a homeowner the power to be proactive. You can now apply for a grant to upgrade a tank BEFORE it leaks.
Click here to find the answers to the most Frequently Asked Questions including eligibility requirements.
You can now apply for a grant to upgrade a tank BEFORE it leaks.
Check it out at www.newtanksnj.org and see if you qualify for this grant. Underground oil tanks have become a serious problem in our state.
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This is a good idea. Prevention is usually better than the aftermath.
Danielle,
I agree, the cost to remove contaminated soil is extremely excessive. The old saying that goes "an ounce of prevention is worth a pound of cure" works well here!!