Below is current funding for biofuels pumps.
Clean Fuels Ohio (CFO), in partnership and with support of ethanol industry and other allies, is pleased to announce our new program to reach out to petroleum marketers in Ohio and directly assist them in applying for biofuels blender pump grants from the U.S. Department of Agriculture (USDA). The program will begin Monday, May 9 and end Wednesday, June 15, 2011, the USDA’s deadline for blender pump applications. There will be no cost to petroleum marketers for Clean Fuels Ohio’s grant application consulting services. That work is funded by the biofuels industry and other partners.
These fully UL listed blender pumps make it possible for petroleum retailers to offer consumers choices of blends greater than 10% ethanol up to 85% ethanol – such as E25, E40 and E85. These fuels can be used by nearly half a million flexible fuel vehicles (FFVs) on the road in Ohio today with more to come. Biodiesel blender pumps are also eligible for stores that sell diesel fuel.
To be eligible for a grant, retailers must operate within certain non-urbanized areas (see maps at http://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do?pageAction=rbs). Companies also must have total income of less than $27 million defined as the total income of gross receipts.
Grants can cover 25% of the cost of installing a new blender pump. These pumps can sell non-ethanol fuels as an additional consumer option also. The grant also can help cover a new tank, tank modifications and plumbing. A federal tax credit of 30% also is available along with possible additional industry support.
Clean Fuels Ohio will directly assist eligible petroleum marketers to help fill out the grant application forms before the deadline. Once the grant application is submitted, depending on project details, marketers may be able to install new dispensers right away. After new pumps are in place, CFO can provide references, if needed, to source high blends of ethanol or biodiesel.
Project Overview
Application for Funding
Grant Fact Sheet
Links
- Webinar: Register here for Navigating the USDA REAP Application Process Event Date: Monday, May 16, 2011 at 3:00 PM ET / 12:00 PM PT.
- For information on blending ethanol from BYO (Blend Your Own) Ethanol click here.
- Blend Your Own (BYO) Ethanol has a helpful website outlining specifics about the program: http://byoethanol.com/incentives.html
- For information on eligibility please visit the USDA website.
