Propel Fuels launched the US’s first volume rebate program for renewable fuels. The Volume Rebate Program (VRP) offers enrolled fleets a tiered rebate for monthly purchases of 500 gallons or more.
Propel has partnered with Wright Express, a provider of fleet management and transaction processing, to provide their customers with this program.
Enrolled CleanDrive Fleet Card users who participate in the VRP will receive a rebate each month that 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 their free, proprietary CleanDrive system, an integrated carbon emission reduction tracking platform that tracks and displays the carbon emission reductions from the use of renewable fuels purchased at Propel stations.
CleanDrive graphically displays the positive impacts of renewable fuel use including: reductions in CO2, barrels of oil displaced and reductions in foreign oil consumed. The system tracks fuel usage across Propel’s network of fueling stations, enabling businesses and government fleets to quantify the positive impacts of their decision to use low-carbon fuels, and in some cases meet mandated or voluntary fleet emission reduction goals.