New Mexico

POPULATION (2015): 2,085,109

REGISTERED CARS & LIGHT TRUCKS: 1,859,060

ANNUAL GAS CONSUMPTION (2014): 960 Million GPY

TOTAL RETAIL STATIONS: 893

Maximum E85 use:134 Million GPY
FFVs in use:208,772
E85 stations:10
Flex Station implied demand:+90
Maximum E15 use:765 Million GPY
EPA approved E15 vehicles:1,487,248
E15 Station implied demand:+714

Fuel specifications

Gasoline:

Conventional

Reid Vapor Pressure:

The state requires that retailers sell 9.0 psi RVP gasoline from June 1-September 15.

Contact information for key state regulatory agencies

Petroleum Standards Division, 575-646-3007

State incentives

None

Federal incentives

Alternative Fuel Infrastructure Tax Credit
(Originally expired 12/31/13 - retroactively extended through 12/31/16, by H.R. 2029) Fueling equipment for E85 installed between January 1, 2014, and December 31, 2016, is eligible for a tax credit of 30% of the cost, not to exceed $30,000. Station owners with multiple locations can use the credit towards each site. For more information about claiming the credit, see IRS Form 8911.

Ethanol plant direct E85/ethanol sales

Click here for a complete list of domestic ethanol producers and sales contacts for E85/direct ethanol sales

E15/Flex Fuel Profit Estimate
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New Mexico
AVG STATION (89,200 GPM)
Average Retailer:
New gallons/$$/Mo E15 & Flex: 16,500 $2,700
New Customers/Mo:+1,831 
Additional Merch. Margin from above:$5,300
RINs not applied to reduce price:$800
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TOTAL NEW PROFIT/MO  $8,800
Top Performing Retailer:
New gallons/$$/Mo E15 & Flex:39,100$6,500
New Customers/Mo:+4,341 
Additional Merch. Margin from above:$12,700
RINs not applied to reduce price:$2,200
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TOTAL NEW PROFIT/MO  $21,400

Want to see what E15/Flex fuels could do for your operation?

Try out the E15/Flex fuel profit Estimator
A Roadmap for Ethanol cover

a roadmap for ethanol

You’re thinking about adding or switching to a new fuel grade on your product slate, and you’ve considered premium and diesel, because those are the fuels all station owners consider. But today, the market is different, and you’re curious about what E15, E85, and other flex fuels could do for your business. Good move.

Download the Full Guide