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Although the cost of each gallon of ethanol produced in the MicroFueler depends on the price of sugar, electricity, and water, Thomas Quinn maintains that it can be made for somewhere around $1 per gallon. The company is trying to make inedible sugar available from Mexico, which can be bought for as little as 2.5 cents per pound.
The average ethanol price for 2007 was lower than 2006, but the 2007 average unleaded gasoline price was higher than 2006. The ethanol average was $2.24 compared to $2.58 (a 13âpercent decrease), and the unleaded gasoline average was $2.23 compared to $1.94 (a 15âpercent increase).