What will it cost to convert my storage tanks to receive ethanol- blended fuel?
The Department developed a guidance document for Maine ‘s aboveground and underground gasoline storage tank owners with basic information on preparing for the introduction of an ethanol-gasoline blended product to their tank systems. The primary areas of concern as mentioned above are product cleanliness, materials compatibility, and water control . Failure to adequately address these three areas of concern could lead to tank system failure and/or customer dissatisfaction. The costs to tank owners to transition from Maine ‘s current gasoline to gasoline containing ethanol can vary. However, it is clear that these transition costs will significantly impact the smaller stations resulting in a number of small station shutdowns. FAME provides low-interest, fixed-rate financing for the removal, disposal and replacement of aboveground and underground commercial storage tanks, piping and related equipment associated with the tank, as well as the purchase and installation of vapor recovery sys