How Much Will Your Station Cost?

With the deadline around the corner, many gas station owners are asking how much their station's upgrade will cost. The best way to know is to have a contractor visit your station and give you a quote. Nonetheless, ARB of California has give a few estimates as to how much the upgrades could cost.

Phase II Franklin/Healy EVR equipment (*assuming labor costs are $75 per hour):

For 2 Dispensers:
Dispenser Equipment $7,240
Dispenser Equipment Installation* $600
Clean Air Separator $7,245
CAS Installation* $2,000
TOTAL $17,240

For 4 Dispensers:
Dispenser Equipment $14,480
Dispenser Equipment Installation* $1,200
Clean Air Separator $7,245
CAS Installation* $2,000
TOTAL $24,925

For 6 Dispensers:
Dispenser Equipment $21,720
Dispenser Equipment Installation* $1,800
Clean Air Separator $7,245
CAS Installation* $2,000
TOTAL $32,765

For 12 Dispensers:
Dispenser Equipment $43,440
Dispenser Equipment Installation* $3,600
Clean Air Separator $7,245
CAS Installation* $2,000
TOTAL $56,285

The numbers may seems overwhelming at first. Shop around with different contractors, but keep in mind: You get what you pay for. Sometimes the labor is much cheaper, but the equipment may not be installed correctly costing you more in the long run.

Steve Lee is an Equipment Finance Specialist at a leading financing company, First Star Capital (http://www.firststarcapital.com/ ). Steve is a frequent contributor to online publications and newsletters, and is the author of this blog on commercial financing topics.