HELPING FUEL OIL DISTRIBUTORS TO IMPROVE PROFITABILITY

Nick Hawkins from Kingspan on why companies shouldn’t miss out on new tank telemetry technology. Tank telemetry has undoubtedly been one of the great advances for the fuel and oil storage sector in the last 10 years. Many millions of the basic, first-generation, devices have so far been installed across the globe as customers take advantage of a gauge that allows them to check their supplies from the comfort of their own home or office. But that’s far from the end of the story. New, smart, connected devices are underpinning improved, distributor business models, and they can help distributors meet changing customer expectations, shaped during the recent pandemic lockdowns.   WHAT IS TANK TELEMETRY? Around one million UK households currently rely on oil for their heating and hot water, and increasingly fuel oil distributors (FODs) and tank manufacturers are pre-fitting telemetry to their tank population. The new connected tank telemetry devices use either ultrasonic, radar, or hydrostatic pressure to measure the amount of oil in the tank and provide data. The main benefits that this provides for end-users include: Accurate and easy 24/7 monitoring displayed on a...