If you own a fleet or have commercial heating or construction needs, you understand the importance of making the most intelligent fuel choices to save you money in the long run.
There are many benefits of purchasing fuel at wholesale so your operations run smoothly regardless of changing oil prices. Here, we’ll discuss unbranded versus branded fuel prices, how to choose a dependable supplier and more so you can make the smartest investment for your business.
What Are the Financial Benefits of Purchasing Wholesale Fuel?
It’s essential to learn how to buy bulk fuel to save money even when fuel prices increase. From preventing emergency services to saving your company more overall money, wholesale fuel prices typically offer your company more advantages over branded fuel.
Cost-Effective Option
Any company that uses fuel in bulk quantities will reap the financial benefits of buying fuel wholesale. Wholesale fuel is the more affordable option for fleets and factories since it’s sold for a portion of its branded markup value, meaning you pay less per gallon. Even if you pay more upfront costs for bulk fuel, you’ll save money over time without needing to request repeated fuel services.
You can also pay for bulk fuel with financial plans that work for your business. Depending on your cash flow and budget, you can negotiate the most optimal service plan for you.
With more affordable supplies, you have more opportunities to provide competitive pricing on your services. From there, you can attract new and loyal customers and further increase your profits.
More Savings
With branded fuel, you pay service stations’ prices, which are constantly changing in any given area. At the end of your fiscal year, the amount you pay for branded heating or construction fuel will ultimately claim a large share of your profit margin.
Additionally, if you are managing a fleet, they can stay on time with their delivery routes without needing to exit freeways — this means less time wading through traffic to get to branded fuel while saving money on refuels.
Fewer Emergency Expenses
With wholesale fuel in your on-site storage tank, you prevent costly emergency expenses by having it at the ready. For instance, if one of your trucks lacks the fuel needed for delivery, you can fuel it up quickly at your site.
Similarly, if your company requires commercial propane heating fuel, simply use your on-site tank to fill up without calling for emergency services. You’ll ensure safer and more efficient operations when you have access to bulk heating fuel whenever you need it.
How Much Do You Save by Buying Fuel in Bulk?
As if paying less per gallon on wholesale fuel wasn’t convincing enough, switching to bulk fuel can also provide you a more substantial return on investment. You can save an average of 70 cents per gallon. But the total amount you save by buying fuel in bulk will depend on the type of business you run, the fuel you need and the amount of time you spend at branded service stations.
When buying from a wholesale fuel supplier, the money you spend on fuel for a truck or machine is significantly reduced over a week. When you consider these lower costs and multiply the number to your entire fleet over a year, the savings can total in the thousands.
You also decrease your downtime at local gas stations and convenience stores by having your bulk fuel on-site. The average visit to a branded fuel station for fleet vehicles is around 20 minutes, meaning a loss in productivity per employee and vehicle.
While driving to and from the gas station, the time spent at the convenience store may seem trivial, but the time and money add up in the long run.
When you calculate the costs you lose from time spent at these branded locations, you’ll realize just how much you save when you switch to wholesale fuel.
What’s More Important: Lowest Price or Quality Partner?
When it comes time to purchase wholesale fuel for your business, lower prices don’t always guarantee the quality service you deserve. That’s why it’s essential to always consider a quality partner over who has the lowest price. Even if upfront costs end up being a bit more, you guarantee a reputable team to be on your side whenever you need them.
Have peace of mind that you have heating oil, propane or bulk diesel to get you through the winter when you enlist in a trusted partner. A quality partner can also provide you with the tools to monitor your fuel efficiency. This will help you budget your money better and make considerable savings for your company.
How to Find a Dependable Bulk Fuel Supplier
The fuel industry can be complex when you’re first starting out with buying bulk. That’s why we’ve included two essential factors to help you choose the best supplier and get the most out of your purchase. You need to build a solid reputation with a reputable fuel supplier, especially within the intricate world of fuel. You’ll want to find a company that:
- Can be easily reached: Always search for a supplier that can deliver fuel as scheduled so you can continue improving your bottom line. Find out about your company’s availability so you know how reliable they are before investing in bulk fuel.
- Has multiple fuel sources: Ask about the supplier’s source of fuel and ensure they have more than one. You’ll want to consider the possibility of future shortages or unexpected price hikes.
By searching for a dependable bulk fuel delivery company, you can always ensure you have a consistent fuel supply no matter how the market fluctuates. You might also consider propane fuel tanks for a reliable fuel source and a way to keep your bulk fuel purchases on-site.
Partner With Foster Fuels for Your Bulk Fuel Needs
Wholesale fuel is highly beneficial for your business because it saves you money in the long run and adds to your efficiency and bottom line. It’s essential to choose a reputable supplier when you decide to make the switch to bulk fuel.
For over 100 years, Foster Fuels has delivered transparent and reliable services to our loyal customers. We have an established fleet that in maintained and insured, which means we have more control over fuel prices even in a fluctuating market. We also prioritize high-quality fuel by testing on-site and monitoring tanks remotely.
Foster Fuels is a locally owned, full-service company. From transport to monitoring and refilling as needed, we’ll help you with your fueling needs so you can focus more closely on running your business.
For any questions or to partner with Foster Fuels, contact us today!
