insights

Ignoring fuel loss can cost your business

10 Nov 2021 By EMS

Ignoring fuel loss can cost your business

Ignoring fuel loss can cost your business – Accurate and timely leak detection is incredibly important – not just for fuel retailers, but any facility with underground fuel storage. And efficient reporting is a must. The increased pressure to meet environmental compliance teamed with the high costs associated with accurate reporting and the higher-still costs in the event of fuel leaks has led to a growing demand for trustworthy leak detection.

Whether you manage this service through the SIR method or Automatic Tank Gauges, it’s not always easy to get right.

What’s at stake?

When it comes to fuel loss, there are two different kinds – ‘normal’ and ‘abnormal’. Both can cause serious complications for businesses. Unfortunately, it’s impossible for even the most experienced site manager to tell the difference between them using onsite methods. Dip testing and inventory control just won’t cut it.

Abnormal fuel loss is caused by fuel system leaks. While fuel system leaks can lead to massive fuel loss, that’s not always the case. Some leaks can be as small as two litres a day – meaning you might not even notice you’re missing fuel. See how hard it can be to differentiate between normal and abnormal losses?

Big or small, leaks of any size can cost you big time – especially if you aren’t proactively monitoring your fuel system. Consequences include:

  • Fines from the EPA – up to millions of dollars
  • Clean up costs
  • Loss of product, and therefore loss of money
  • Loss of revenue from dissatisfied customers
  • Pump closures

The same can be said for normal fuel loss. If you notice fuel loss and assume the worst, you can spend thousands of dollars on tank and line tests or visual site inspections, only to find the loss was normal all along. As you can see, there are serious financial costs that arise from poor fuel tank monitoring.

Don’t look the other way

Many people like to bury their heads in the sand and think, “fuel loss won’t happen to me”. But it’s clear there are many expensive reasons to take fuel management seriously.
All fuel suppliers are required to employ a leak detection method. EPA regulations state that the leak detection method that you’re using needs to be able to detect a leak of 18.2 litres per day or above. But even a leak smaller than this can get you in trouble if you’re not putting in the effort to monitor your fuel.

It’s time to ask yourself:
• are you currently using a certified system that observes this regulation?
• if you did encounter a fuel system leak, would you be able to prove you’ve done your best to find it as quickly as possible?

You need a system that will provide accurate and timely feedback allowing you to assess your fuel loss and further investigate if necessary. Without one, you won’t know if you’re encountering a big problem or overreacting to a small one.

Improve leak detection and add value to your business

EMS is bringing its EPA-certified software, Greenscan®, to retailers, storage facilities, and fuel management and environmental businesses globally, with licenses available through a SaaS model.
Greenscan brings together EPA compliance, leak detection management, SIR analysis, and reporting into one effective solution. By continuously monitoring your petrol reconciliation data, Greenscan can detect unacceptable losses or gains that may lead to environmental contamination or loss of petrol.

Greenscan is now available under two license models:
1. Licence for in-house use – Obtain a license to operate Greenscan in-house, on your servers. This option includes full training for staff, offers you flexible reporting, and provides you with the ability to deliver the service against your own model [daily, weekly, monthly] for your clients.
2. Subscription – Add value to your service by using EMS expertise. Send us your data, and we will do the analysis in the background, so you can focus on managing your own service with your customers.

By putting Greenscan in the hands of businesses, we’re helping you both further your service offering to new and existing clients, and meet leak detection compliance regulations.
Beyond its ability to deliver top-notch fuel system management, Greenscan and EMS offer a range of services that can add value and revenue to your business:

  • In-house, on-premise use
  • Highly secure and flexible
  • Full end to end service and support training
  • Latest cutting-edge data science technologies

 

Meet EPA compliance while adding value to your services with a Greenscan license –

If you’re looking at improving your value offering to customers and delivering superior leak detection, click here to contact EMS and discuss Greenscan licensing.