Everybody that uses fuel storage is already saving time and money, although some may not even realise it. Most people storing fuel at their home or business premises use a bunded tank, which allows fuel to be stored safely and securely. The cost of installing an on-site bunded fuel tank will quickly be paid off and you could then start to make large savings on your fuel costs. Here’s our top reasons why on-site bulk fuel storage could save you time and money:
Take advantage of deals
It makes sense to buy oil in bulk when prices are lower - prices fluctuate throughout the year so make sure you look out for good deals. Also, generally the more fuel you buy the cheaper the price, so buying in bulk will usually cost less. It’s also worth noting that retail prices often include hidden costs such as fuel delivery charges, petrol station maintenance, insurance fees, site and staff costs, and dispensing equipment upgrades. Buying your fuel wholesale means you can avoid most of these additional costs, which also helps keep fuel prices lower. You can also establish a relationship with your supplier, offering opportunities to negotiate on supply, delivery, and price in the future.
Save time and travel costs
If you use a lot of fuel, then having a fuel source on-site will eliminate the need for constant trips and detours to have vehicles re-filled. Wholesale fuel can be delivered to your premises and a delivery schedule can be customised to your needs. It shouldn’t matter if your business requires a certain type of fuel, or if you need a certain amount delivered daily to complete your tasks. Trained professionals will handle the logics and bulk delivery will reduce your downtime, giving you more time to focus on other tasks. This makes on-site fuel storage a highly efficient option that will save you both time and money.
Prevent fuel theft and fraud
Fuel theft and fraud is a common issue in many businesses. Often, it involves employees taking advantage of the company's fuel allowances or fuel cards for their own personal use. This makes it difficult for businesses to identify who's using the card and for what purpose. When fuel is stored on-site, businesses can monitor who’s using it and prevent employees from abusing their fuel allowance. Fuel monitoring systems can also be added to any bunded fuel tank. These can generate reports on transaction times and volumes dispensed, which allows businesses to track fuel usage.
How to safely store your fuel
If you’re bulk storing fuel on-site, then it’s important to know how to do so safely. A fuel leak will have serious implications and can be extremely damaging to the environment. You could face serious penalties - and even prosecution - for failing to follow the required regulations. Storing your oil is a bunded tank is the easiest way to ensure that your storage complies with environmental legislation. A bunded tank is designed with a unique double-skinned wall to prevent leakage should the main tank rupture. This offers an extra level of protection as any leaked fuel would be contained within the outer tank.
It is also important to carry out regular maintenance and inspections on your tank, to check for any warning signs that could lead to major problems. You should looks for things like - signs of damage like dents or scratches, rubbish or water in the main tank or bund layer, and rust or cracks forming on the tank base. Experts advise that you should inspect your tank weekly to prevent issues from forming.
Fuel storage solutions to suit all
Bunded fuel tanks come in a variety of models and can safely store a large range of different fuel types. Whether you’re needing a small volume of fuel, or daily deliveries to refuel a fleet - there's an on-site fuel storage solution size to suit every requirement. Another advantage of bunded tanks is that set-up and installation is very simple, meaning minimal downtime. They can also be moved easily and relocated to another site if needed.
Final thought
Everybody knows that fuel is expensive - bulk fuel storage is a great way to save time and money by taking advantage of deals, saving on travel costs, and reducing the risks of fuel theft or fraud. When storing fuel on your premises, it’s important to be aware of the risks and know how to safely store your fuel. The best way to ensure that your fuel storage complies with regulations is by using a bunded fuel tank for your storage needs.
