Diversified Ethanol sample proforma for model A1500

This Sample Proforma for the A1500 (1.5 M gallons per year) ethanol plant is based on on the best data currently available but represent hypothetical facts and numbers of operation. Your plant's operation may vary considerably based on geographic location and feedstock available.

For a more precise estimation of your own income potential, allow us to perform a Feasibility Study for you.

INCOME

ANNUAL PRODUCTION

UNITS

UNIT VALUE

ANNUAL INCOME

Sale of Ethanol(1)

1,500,000

Gallons

$2.00

$3,000,000

Fees no longer paid to city/county(2)

(approximate)

$300,000

Subsidies Federal & State(3)

(average per gallon)

$0.20

$300,000

TOTAL INCOME

$3,600,000

EXPENSE

ANNUAL CONSUMPTION

UNITS

UNIT COST

ANNUAL EXPENSE

Plant Amortization  

(to be determined by your CPA)

Site Amortization

(to be determined by your CPA)

Little or no feedstock cost(4)

Labor(5)

3

Man-year

$50K

$150,000

Heat Energy (Boiler) (6)

375,000

Therm

$0.85

$318,750

Electricity(7)

1,500,000

KW-Hr

$0.05

$75,000

Enzymes(8)

1,500,000

Per Gallon

$0.10

$150,000

Yeast(9)

1,500,000

Per Gallon

$0.03

$45,000

Other Chemicals(10)

1,500,000

Per Gallon

$0.03

$45,000

Other Misc.(11)

$65,000

TOTAL EXPENSE

$848,750

NET ANNUAL INCOME***

$2,752,750

(1) Ethanol prices fluctuate daily. Check Chicago Board of Trade

(2) Fees for dumping waste are mainly removed. We used an approximate addition to the company’s income stream of $300,000. It could be more or less.

(3) Subsidies may vary depending on federal and state regulations. For example, MN Dept. of Ag is .20 per gallon

(4) Little or no feedstock cost due to use of existing waste stream.

(5) Operating labor figured at eight hours per day. Generally speaking, a plant does not require supervision 24 hours per day, but runs 24/7 with only 8 hours of general supervision. Figures also incorporate increased labor cost for the first 3 months of operation and a one week shut down for maintenance.

(6) Assumes 25,000 BTU's per gallon for cooking and distillation; 100,000 BTU's per Therm. Boiler fuel can be provided by a digester, which would result in a substantial savings.

(7) Assumes 0.398 kwh/gal. al. Electricity can be provided by local power or an engine/generator set fueled by a digester.

(8) Assumes enzymes cost at $.10 per gallon.

(9) Assumes yeast cost of $.03 per gallon.

(10) Assumes chemical cost of $.03 per gallon.

(11) Other misc. to include legal, accounting, office supplies, etc.