north_carolina

North Carolina

POPULATION (2015): 10,042,802

REGISTERED CARS & LIGHT TRUCKS: 7,651,069

ANNUAL GAS CONSUMPTION (2014): 4.3 Billion GPY

TOTAL RETAIL STATIONS: 4,722

Maximum E85 use:609 Million GPY
FFVs in use:863,731
E85 stations:57
Flex Station implied demand:+476
Maximum E15 use:3.5 Billion GPY
EPA approved E15 vehicles:6,120,855
E15 Station implied demand:+3,778

Fuel specifications

Gasoline:

Conventional

Reid Vapor Pressure:

All retailers are required to sell 9.0 psi RVP gasoline from June 1 - September 15.

Contact information for key state regulatory agencies

Department of Weights and Measures, 919-733-3246

State incentives

Alternative Fuel Tax Exemption
The retail sale, use, storage, and consumption of alternative fuels is exempt from the state retail sales and use tax. (North Carolina General Statutes 105-164.13(11))

Ethanol Blend Requirement
Suppliers that import gasoline for sale in North Carolina must offer fuel that is not pre-blended with fuel alcohol but that is suitable for future blending. Future contract provisions that restrict distributors or retailers from blending gasoline with fuel alcohol are void. (North Carolina General Statutes 75-90, 105-449.60)

Ethanol Blend Labeling Requirements
Pumps that dispense ethanol-blended gasoline available for purchase must be labeled with the registered brand name and the volume percentage, or blend level, of the ethanol (10% or less, 10-15%, 15-85% or 85%). The labels must be affixed to the front panel of the pump in a position that is clearly visible to the vehicle driver. Graphics requirements apply. (North Carolina Administrative Code Title 2, Chapter 42, Subchapter .0401; North Carolina General Statutes 119-27.2)

Alternative Fuel Vehicle (AFV) Acquisition Goal
North Carolina established a goal that at least 75% of new or replacement state government light-duty cars and trucks with a gross vehicle weight rating of 8,500 pounds or less must be AFVs or low emission vehicles. Alternative fuels include reformulated gasoline; ethanol; other alcohol fuels, separately or in mixtures of eighty-five percent (85%) or more of alcohol by volume. (North Carolina General Statutes 143-215.107C)

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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North Carolina
AVG STATION (76,200 GPM)
Average Retailer:
New gallons/$$/Mo E15 & Flex: 14,100 $2,300
New Customers/Mo:+1,564 
Additional Merch. Margin from above:$4,600
RINs not applied to reduce price:$680
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TOTAL NEW PROFIT/MO  $7,580
Top Performing Retailer:
New gallons/$$/Mo E15 & Flex:33,400$5,500
New Customers/Mo:+3,709 
Additional Merch. Margin from above:$10,800
RINs not applied to reduce price:$1,900
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TOTAL NEW PROFIT/MO  $18,200

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