Purchasing bulk fuel is a cheaper option for significant companies. While bulk fuel delivery usually has an excellent upfront expense, it is still a part of the money you would spend for the same fuel amount purchased at the retail price. Because you consistently pay for the retail prices and taxes, retail fuel is considerably costlier over a year.
Companies with an on-site storage tank eliminate the need for the middleman and don’t have to pay the marked-up price. You can get bulk fuel in Yukon and store it in your local storage. With bulk storage tanks, you can ensure to get as much supply of fuel as and when you need. Ensure continuous maintenance is done to offer secure and reliable fuel distribution.
A reliable fuel delivery company will also work with you to set up a bulk plant maintenance program to reduce downtime and save money. Understanding the laws and requirements needed for the storage and handling of the fuel will help you avoid accidents and unforeseen issues with your tank.
Buying fuel in bulk is especially beneficial if you run a facility or fleet. Of course, you would be using fuel in large quantities within a week. When multiplied across the facility or fleet, the profits are phenomenal. The higher the quantity of fuel you can store, the lower will be your fuel expenditure.
Fuel costs are better managed when the spending is checked across the team. Using different retail sources causes more variation in price, making your expenditure unpredictable. When you purchase bulk fuel, competitive pricing helps keep your expenses controlled and reasonable.
Things to consider when going for bulk fuel
Your fuel needs depend on many aspects, including the number of tools and vehicles you own, the fuel tank’s size, and the storage life of the fuel. You may need gasoline, diesel, kerosene, ethanol, propane, or other fuel for your requirements. Some fuels can cause problems when stored for a long, infecting the supply and ruining the parts of the fuel system. Hence it is essential to know if the fuel you buy can be used for how long?
Before choosing a bulk delivery service, ask these questions:
- How much fuel do you need?
- What kind of fuel do you use?
- What is its storage life?
- How much fuel is used in your company every month?
- Do you have the capacity to store and maintain the fuel?
- What is your purchase limit depending on the fuel shelf life and the quantity you use?
You can negotiate with the bulk delivery company, seal the price to protect you from fluctuations, and get a consistent fuel supply at a locked price. As the marketplace for fuel fluctuates so much, there should be a provision to assess the contract from time to time.
Bulk fuel in Yukon companies usually sells directly to fleets and factories, cutting down the cost of intermediaries and retailers. Hence, the price will always be low than the retail markup price, but it is always important to find your profits and keep your budget intact.