virginia

Virginia

POPULATION (2015): 8,382,993

REGISTERED CARS & LIGHT TRUCKS: 6,932,660

ANNUAL GAS CONSUMPTION (2014): 4 Billion GPY

TOTAL RETAIL STATIONS: 3,408

Maximum E85 use:469 Million GPY
FFVs in use:649,867
E85 stations:20
Flex Station implied demand:+299
Maximum E15 use:3.2 Billion GPY
EPA approved E15 vehicles:5,546,128
E15 Station implied demand:+2,726

Fuel specifications

Gasoline:

A group of counties have opted into the RFG program using Southern-grade RFG; Arlington, Charles City, Chesterfield, Fairfax, Hanover, Henrico, James City, Loudoun, Prince William, Stafford and York. The following cities are also participating in the RFG program: Alexandria, Chesapeake, Colonial Heights, Fairfax, Falls Church, Hampton, Hopewell, Manassas, Manassas Park, Newport News, Norfolk, Poquoson, Portsmouth, Richmond, Suffolk, Virginia Beach and Williamsburg.  

Reid Vapor Pressure:

All counties that are not in the RFG program sell 9.0 psi RVP gasoline from June 1-September 15.

Contact information for key state regulatory agencies

Office of Weights and Measures, 804-786-2476

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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Virginia
AVG STATION (97,800 GPM)
Average Retailer:
New gallons/$$/Mo E15 & Flex: 18,000 $3,000
New Customers/Mo:+2,007 
Additional Merch. Margin from above:$5,900
RINs not applied to reduce price:$870
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TOTAL NEW PROFIT/MO  $9,770
Top Performing Retailer:
New gallons/$$/Mo E15 & Flex:42,800$7,100
New Customers/Mo:+4,759 
Additional Merch. Margin from above:$13,900
RINs not applied to reduce price:$2,500
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TOTAL NEW PROFIT/MO  $23,500

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