1. $75 includes first 3 containers, then $10 each additional container
The Recycling Recovery Surcharge is applicable to document destruction services. This surcharge allows Stericycle to maintain acceptable operating margins in the face of recycling cost increases and/or processed recyclable decreases and varies based on commodity prices in the market.
The surcharge is based on a percentage of invoiced document destruction services and is applied to your invoice subtotal before taxes. The percentage varies based on a national average of recovered paper commodity prices and adjusts monthly per published rates from Fastmarket RISI’s Pulp & Paper Index. This surcharge appears on the invoice as a separate line item.
Effective March 1, 2023, the percentage will be determined using the following table:
To reference the rates that will be used through February 28th, 2023, please reference the previous table published in June 2022.
Effective January 2008, Shred-it implemented a fuel surcharge that is adjusted monthly based on the Weekly Retail Diesel Pump Price Survey. Shred-it’s fuel surcharge in Canada is indexed to Kent Group (formerly MJ Ervin and Associates)* a company that monitors diesel prices weekly in approximately 65 different Canadian cities.
Calculation of the fuel surcharge is based on two main factors, the invoice subtotal before taxes and the current price per litre of fuel. Based on the price per litre of fuel, a fuel surcharge percentage is applied to your invoice subtotal before taxes.
The percentage is determined using the following table:
*The Environmental Surcharge is calculated at 4% of the invoice sub-total and is in addition to the Fuel Surcharge.
^For every +/- $0.02 change in price per litre of fuel, the fuel surcharge rate changes by 0.5% respectively.
If your invoice subtotal is $100, and the 4-week average Weekly Retail Diesel Pump Price is $1.40 / litre, the surcharge would be 18.0% based on the table above.
It is calculated as follows:
Invoice subtotal $100.00
Fuel surcharge $18.00 (18.0% * $100 = $18.00)
Environmental Surcharge $4.00 (4.0% * 100 = $4.00)
Subtotal before taxes $122.00 + applicable taxes
Please note: Due to the timing of fuel surcharge calculations, there may be a small profit made by the company on the fuel surcharge.