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I believe the new valve came out 2 years ago, when the change in law was made. My understanding is that tanks can't be filled after 12 years unless you get them inspected, & then only good for 5 years at a time. Wasn't told what the inspection costs? I have never seen a new valve for $10, here it is around $20. A new tank is under $30. Combined, it's cheaper to toss the old & buy a new tank. Or trade in on the exchange places if you can - some don't take old tanks any more. The new valve came about because so many places have opened up refill stations that lots of people who didn't know what they were doing were refilling tanks - if you fill the tank more than 80% full it can cause serious issues when the temperature changes. At this point the new valves only applies to smaller tanks. My coop which fills the big 500 & 1000 gal tanks sent out a flier with new rules as well. Any tank that goes empty needs to be re-tested/inspected before filling, and a person must be there for this, and other new rules. They said the laws are tightening up on all that, plus their insurance co was requiring it for liablity coverage. Yes, I have 2 12+ year old tanks that I could blow the dust off & they would look just like new. Filled to 80% they would work another 12 years. We live in a throw-away society, no one cares. --->Paul
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