We are committed to controlling costs so we can continue to provide you with the best overall value in waste and recycling related services. Fuel prices and environmentally related costs are something we cannot control.Our FEC is intended to defray part of the increased third party costs. This charge is a one line item on customer invoices that contains two separate components (fuel surcharge and an environmental cost recovery component)Fuel Component:
Our standard fuel surcharge calculation is tied directly to the national average price of diesel fuel as reported weekly by the Energy Information Administration of the U.S. Department of Energy (“EIA/DOE”) in its Weekly Retail On-Highway Diesel Prices Index. This index is objective, publicly available and widely recognized in the trucking and transportation industries. Tying our fuel surcharge to this index will ensure that you, our valued customer, will pay a fuel surcharge that is currently adjusted, easy to calculate, and equitable to you and the Company.
average is published the 3rd Monday of each month based off Midwest pricing and will be used tor invoices created during the following month. The CWS Fuel Surcharge Table shows what the fuel surcharge, as a percentage of your monthly or other periodic invoice charges, before taxes, would be based upon the last reported EIA/DOE national diesel price index prior to your invoice date.Environmental Component:
We are committed to being a good neighbor to our customers, our employees and our environment. Beginning February 2009, the environmental component of our Fuel/Environmental Charge will be 2% of all invoice charges excluding the fuel surcharge and sales tax (Some disposal customers are charged a flat per load rate. Contact Customer Service CSR for more details). The environmental component of the FEC is used to support our costs associated with environmental compliance. This charge also funds costs associated with maintaining and operating our operations in an environmentally responsible manner, such as low emissions and electronic monitoring systems for our equipment.
The amount of percentage of the environmental charge is not tied to any specific, direct or indirect, costs to service your account, but to Champion Waste & Recycling overall costs on a company-wide basis.Determination of Fuel/Environmental Charge Amount:
The Fuel/Environmental Charge that is included in a customer’s invoice is determined by applying the percentage from the CWS Collection Fuel Surcharge Table to the invoice charges (excluding tax). The 2% environmental component is then applied to the sum of the invoice charges excluding the fuel surcharge amount and taxes.Not a Governmental Tax; Future Changes:
The Fuel/Environmental Charge is not a tax or surcharge imposed by or remitted to any governmental or regulatory agency; it is a Champion Waste & Recycling charge. The Fuel/Environmental Charge percentages may be changed at the discretion of Champion Waste & Recycling.