|
Overview
Gill's Freeport Disposal is committed to controlling costs
so we can continue to provide you with the best overall value in waste
related services. However, rising fuel prices and environmentally
related compliance costs are something we cannot control and our
fuel surcharge is meant to help us recoup these increased
costs. The Fuel surcharge is a line item on customer invoices that
contains the fuel surcharge.
Fuel Surcharge
The 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. This change 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.
The
EIA/DOE average is published each Monday and
will be used for all invoices created during that week. The
Collection 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.
For example, if the last reported EIA/DOE national diesel price index
immediately preceding your invoice date were $2.00 per gallon, your fuel
surcharge would be 5.25% of your invoice charges, excluding taxes.
Frequently
Asked Questions
Q: If the price of fuel goes down, will my fuel surcharge
component go down too?
A: Yes, if the Department of Energy's National Average price
falls, your fuel surcharge component will come down as well. This
information is updated weekly. If the cost of diesel fuel decreases,
this will affect your fuel surcharge component. This is the same
procedure that we have used in the past. Using this new index allows us
to be more responsive to fuel cost changes.
Q: How
can I see the value of the EIA/DOE Weekly Retail On-Highway Diesel
Prices Index?
A: Here is the link to the
EIA/DOE. This site is updated every Monday
evening.
Please call us at
815-233-5644 for further details. We sincerely
appreciate your patronage, and will make every effort to keep you, our
valued asset, a satisfied customer.
 |