Fuel Recovery Fee
As a leading provider of energy and conservation services to our customers, Burns & McBride continually works to identify and implement techniques to conserve energy and natural resources within our own daily operations. When it comes to fuel usage, we are consistently developing new programs designed with conservation in mind. To reduce our fuel usage we are employing the following methods.
- Burns & McBride constantly reviews existing equipment usage and diesel fuel consumption as part of its internal Diesel Fuel Conservation Plans.
- Burns & McBride specs and purchases trucks and equipment with both overall fuel economy, and future alternative fuel options in mind, that are designed to conserve energy, protect our environment, and reduce reliance on petroleum.
- Trip reduction and more efficient routing software are two additional methods Burns & McBride is using to decrease diesel fuel consumption company-wide.
- Burns & McBride negotiates pricing agreements with its vendors whenever possible to lock-in lower fuel prices.
- Burns & McBride monitors diesel fuel rate quotes daily to achieve the very best diesel fuel prices and to maintain a diesel fuel inventory allowing for uninterrupted customer service.
Acknowledging the fluidity of the petroleum market however, Burns & McBride has adopted a flexible fuel surcharge structure applicable to its waste collection service which ensures uninterrupted customer service and fair pricing, achieved through implementation of fee adjustments corresponding to fluctuations in petroleum costs. For example, the program decreases fuel prices when costs decrease and increases only when necessary. It's a system that eliminates permanent increases if there is a decrease in costs. With this in mind, Burns & McBride calculates the fuel recovery fee using prices reported by the Energy Information Administration of the U.S. Department of Energy (EIA/DOE). This standardized diesel fuel recovery fee appears as a single line item on your invoice.
Calculation of the Fuel Recovery Fee
The fuel recovery fee is related directly to the national diesel fuel prices as reported by EIA/DOE in its Retail On-Highway Diesel Prices Index for the Central Atlantic Region (PADD 1B). This index is available to the public and is widely recognized in trucking and transportation industries. Please click on the link below for additional information about the index.
http://www.eia.gov/dnav/pet/pet_pri_gnd_dcus_r1y_w.htm
Burns & McBride updates its fuel surcharge monthly, and bases the surcharge amount on the corresponding diesel fuel price per gallon the last week of the preceding month according to EIA/DOE prices. For example, the diesel fuel price per gallon was $4.014 per gallon during the last week of June 2011; therefore the fuel component of the charge was 9.55 percent of your total base trash invoice amount.
To ensure fair pricing and to adequately cover the cost of providing you with reliable service, we will continue using this pricing system. The corresponding fuel recovery fee amounts relating to specific diesel fuel prices are listed in the Burns & McBride Fuel Recovery Table. Click here to view the Burns & McBride Fuel Recovery Table. The fuel recovery fee includes both direct and indirect costs associated with the collection, transfer, landfill operations and material recovery facilities. The fuel recovery fee amount on your invoice is not a tax or surcharge imposed by or remitted to any governmental or regulatory agency.
As we continue to brave the ever-changing economic climate, please know you can count on Burns & McBride to offer you lower pricing if and when possible. We appreciate your business and look forward to continuing to serve you and your family.
