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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 prices for 2006 for both ethanol and unleaded gasoline were higher than the average prices for 2005. The ethanol average was $2.58 compared to $1.80 (a 43âpercent increase), and the unleaded gasoline average was $1.94 compared to $1.66 (a 17âpercent increase).