Poly(1-octadecene-co-maleic anhydride) bis behanate ester, poly(1-octadecene-co-maleic anhydride) bis stearate ester, and ethylene glycol bis stearate ester were prepared and their structures were confirmed by IR spectroscopy. Wax gel was prepared from base oil blend (base lube oil grade 260/290, transformer oil) and microcrystalline wax in ratio 2.3 : 1, respectively, in the presence of antioxidant and anticorrosion additives in ratio of 0.12%. Atactic polypropylene was added in mixture with the above copolymers and ester to the wax gel in different proportions. Dielectric constant, dielectric loss, and volume resistivity at frequency range of 1103 kHz 35 degrees C have shown better results than that of wax gel alone. The grease which includes poly(1-octadecene-co-maleic anhydride) bis behanate ester in mixture with atactic polypropylene recorded the best results. (c) 2012 Wiley Periodicals, Inc. J Appl Polym Sci, 2012