New York

POPULATION (2015): 19,975,791

REGISTERED CARS & LIGHT TRUCKS: 10,531,238

ANNUAL GAS CONSUMPTION (2014): 5.5 Billion GPY

TOTAL RETAIL STATIONS: 4,829

Maximum E85 use:630 Million GPY
FFVs in use:861,330
E85 stations:66
Flex Station implied demand:+355
Maximum E15 use:4.4 Billion GPY
EPA approved E15 vehicles:8,424,990
E15 Station implied demand:+3,863

Fuel specifications

Gasoline:

Retailers in these counties must sell Northern-grade RFG: Bronx, Kings, Nassau, New York, Orange, Putnam, Queens, Richmond, Rockland, Suffolk, and Westchester.

Reid Vapor Pressure:

The 1.0 psi RVP waiver for conventional gasoline containing 10% volume ethanol is not automatically granted.

Contact information for key state regulatory agencies

NYS Department of Agriculture and Markets (Bureau of Weights and Measures), 518-457-3146

State Laws & Incentives

Fuel Exclusivity Contract Regulation

Motor fuel franchise dealers may obtain alternative fuels from a supplier other than a franchise distributor. Any franchise provision that prohibits or discourages a dealer from purchasing or selling E85, biodiesel blends of at least 2% (B2), hydrogen, or compressed natural gas from a firm or individual other than the distributor is null and void as it pertains to that particular alternative fuel if the distributor does not supply or offer to supply the dealer with the alternative fuel. Distributors who violate the law by entering into exclusivity contracts will be subject to a $1,000 fine. If the distributor does offer alternative fuels, they may require the station to use their brands. (Reference New York General Business Law199-j)

Biofuel Production Tax Credit

Biofuel producers in New York State may qualify for a tax credit of $0.15 per gallon of pure biodiesel (B100) or denatured ethanol produced. To qualify, the production facility must produce, and make available for sale, at least 40,000 gallons of biofuel per year. The maximum annual credit available is $2.5 million per taxpayer for no more than four consecutive taxable years per production facility. If the taxpayer is in a partnership or is a shareholder of a New York S corporation, the maximum credit amount is applied at the entity level; the aggregate credit allowed to all partners or shareholders may not exceed $2.5 million. Additional requirements may apply. This credit expires December 31, 2019. (Reference New York Tax Law 28*2 and 187-c)

Federal Incentives

Ethanol Infrastructure Grants and Loan Guarantees
The Rural Energy for America Program (REAP) provides grants and loan guarantees to rural (population less than 50K) small businesses to purchase renewable energy systems or make energy efficiency improvements. Eligible renewable energy systems include equipment used to distribute flexible fuels. The maximum grant funding is 25% of project costs and the maximum loan guarantee is $25 million. The program is funded through fiscal year 2018 but is subject to congressional appropriations thereafter. For more information, see the REAP website.

Point of Contact
Office of Rural Development, Business and Cooperative Programs
U.S. Department of Agriculture
Phone: (202) 690-4730
http://www.rurdev.usda.gov/

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 York
AVG STATION (95,500 GPM)
Average Retailer:
New gallons/$$/Mo E15 & Flex: 17,600 $2,900
New Customers/Mo:+1,960 
Additional Merch. Margin from above:$5,700
RINs not applied to reduce price:$850
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TOTAL NEW PROFIT/MO  $9,450
Top Performing Retailer:
New gallons/$$/Mo E15 & Flex:41,900$7,000
New Customers/Mo:+4,647 
Additional Merch. Margin from above:$13,600
RINs not applied to reduce price:$2,400
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TOTAL NEW PROFIT/MO  $23,000

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