The Fuel Recovery Fee Explained
The Fuel Recovery Fee (“Fee”) on customer bills is a recurring charge that is a fluctuating percentage of invoice charges for services. The Fee is intended to help UPCO Waste recover both direct and indirect petroleum-related costs associated with the operation of its hauling and disposal facilities, and it includes an amount designed to achieve a reasonable operating margin.
It is not a tax or surcharge mandated by or remitted to any governmental or regulatory agency, nor does UPCO Waste profit from this Fee.
Each Fee rate is determined by cross-checking the chart herein with the Midwest (P.A.D.D.2) per gallon on highway diesel price as reported by the Energy Information Administration of the U.S. Department of Energy. UPCO WASTE monitors these costs regularly and reserves the right to change its method of determining the Fee at its discretion.