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Growing E15 Sales

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RISK MANAGEMENT

RISK MANAGEMENT

Goal

To make Iowa’s E15 Access Standard a success while preserving Iowa’s rural fuel distribution network. FuelIowa’s policy goal is to ensure retailers can afford to upgrade infrastructure to provide the broadest availability of E15 and higher blends of fuel to customers in all 99 counties.

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Request

Increase the cost share within the Iowa Renewable Fuel Infrastructure Grant Program (RFIP) to $160,000 per project or 75 percent of cost, whichever is less. In addition, funding for the RFIP grant program would increase from $10 million to $17.925 million.

1,158 INCOMPATIBLE SITES

57.8% total retail gasoline stations in Iowa gas stations with incompatible tanks, product piping, dispensers or a combination of the three $409,153 average RFIP E15 project cost 2016-2021

$568,857 average E15 project cost today according to Iowa Licensed Installers

57.8% of retail gas stations in Iowa will need infrastructure replacement

4 dispensers

2 underground tanks + $568,857

36.4%

$18,206 inflation related impact on RFIP grants since 2009 $50,000 Original Grant $18,000 Inflation $44,000 E85 Requirement + + $48,000 Incentive $160,000 + =

$44,000 average additional per project cost for E85 compatible equipment

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