You probably do not want to heat the spray on foam insulation, it probably is not designed to be over say 90F with heat applied (well I guess it can sit outside in the sun though).
I would recommend reflex insulation under the tanks. It can be applied directly to the heating pads on the tanks (with contact cement) then the coroplast onto the reflex. You should be able to glue the reflex to the Coroplast if you like, and then it will have the 1/2" or more air space for most effective insulating properties.
The key to superinsulating the basement is not really how many R-value you will have, but how airtight it will become. Keeping in the warm air is the KEY. Seal all the joints with good aluminum duct tape (the type with a pull off backer is really strong).
Good luck,
Fred.
Good luck,
Fred.