REDWOOD CITY, CA – Propel Fuels, a leading West Coast retailer of E85 Flex Fuel and biodiesel, has launched a volume rebate program for fleet customers.
Propel has partnered with Wright Express, a leading provider of fleet management and transaction processing, for the program.
"Our rebate program provides fleets with all the benefits of using renewable fuels, without sacrificing perks they may have only seen from petroleum-based fuel retailers in the past," said Matt Horton, CEO of Propel. "Many other fuel rebate programs have such high monthly volume requirements that small to mid-sized fleets can't take advantage of the savings. We designed this program to benefit a wide range of fleet sizes, reward our current consumers, and incentivize new fleets to help free us from foreign oil by choosing renewable fuels."
Enrolled CleanDrive Fleet Card users who participate in the program will receive a rebate each month they qualify based on volume purchases. The program offers a rebate of five cents per gallon for monthly purchases of 1,000 gallons or more and three cents per gallon for monthly purchases of 500 to 999 gallons.
The rebate will be automatically calculated by Wright Express and applied to customers' billing statements at the end of each monthly billing cycle. Enrolled fleets are not committed to purchasing a minimum amount of fuel from Propel and purchases of both biodiesel and Flex Fuel will be applied to monthly volumes.
Propel also offers fleets its free, proprietary CleanDrive system, an integrated carbon emission-reduction tracking platform that displays the carbon emission reductions from the use of renewable fuels purchased at Propel stations. CleanDrive graphically displays the positive impact of renewable fuel use, including reductions in CO2, barrels of oil displaced and reductions in foreign oil consumed. A sample CleanDrive report can be viewed by clicking here.