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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.
If you're going to use large quantities of ethanol (like E85), your vehicle will require an E85 conversion kit. You can buy these kits online from several retailers. They cost anywhere from $100 to $1,000 depending on the technology and how comfortable you are installing them yourself.