Fast Stop in Cresco Having Great Success with E15
May 8, 2013
Press Contact: Monte Shaw
Fast Stop Owner: E15 is Bringing in New Customers and Providing Great Discount
JOHNSTON, IA – The Iowa Renewable Fuels Association (IRFA) today announced that Fast Stop in Cresco has been welcoming many new customers who have a lot of interest in E15. Fast Stop became the fourth E15 retailer in Iowa when they began offering E15 as a registered fuel on March 12 of this year.
Fast Stop recently held a station grand opening on April 15, promoting the new fuel retail location and providing Cresco residents with fuel discounts.
“Our customers are drawn to E15 because it is a high performing, less expensive fuel, currently selling for up to 16 cents less than regular, unblended gasoline,” stated Fast Stop Owner and Investor Dave Sovereign. “Local residents are very interested in E15 and we’ve fielded a lot of questions about the fuel and our new location. We’ve also found that E15 is very good for business with about one-third of our sales going to new customers. Since the promotion to launch this new fuel, E15 sales have increased nearly 20 percent, demonstrating great demand for E15 and the value of product promotions and consumer education.”
Fast Stop is located in Northeast Iowa at 22268 Highway 9 West in Cresco. E15, a blend of gasoline and 15 percent ethanol, can be used by all 2001 and newer passenger vehicles and all flexible fuel vehicles (FFVs). Those vehicles account for 85 percent of fuel use in the United States. In order to offer E15 to the non-FFVs, a retailer must register with the EPA. IRFA works with retailers to ensure they follow all federal and state E15 regulations.
Retailers interested in installing a blender pump to offer E15, E85, and other ethanol blends can apply for a grant from the Iowa Department of Agriculture. The IRFA provides assistance in the application process. For more information, please visit: http://www.iowaagriculture.gov/agMarketing/IRFIP.asp.
Iowa is the leader in renewable fuels production. Iowa has 41 ethanol refineries capable of producing over 3.7 billion gallons annually, with one wet mill and two cellulosic ethanol facilities currently under construction. In addition, Iowa has 12 biodiesel facilities with the capacity to produce 315 million gallons annually.
The Iowa Renewable Fuels Association was formed in 2002 to represent the state’s liquid renewable fuels industry. The trade group fosters the development and growth of the renewable fuels industry in Iowa through education, promotion, legislation and infrastructure development.