At Clean Earth, we value the patronage of our customers and strive to provide you with the safest and cost effective service in the environmental solutions industry. Each and every day we look for opportunities to improve our service capabilities to maintain our standing as your environmental service provider of choice. Like many of you, Clean Earth continues to absorb rising costs, many of which are beyond our control. Many of these costs are directly tied to commodities and industries that have risen at a pace far exceeding our normal operating costs. The majority of these increases come from fuel and other energy-related products/services, insurance, environmental regulatory compliance, and costs related to increasing security requirements.
Our ability to recover these costs in a timely fashion enables us to continue operating profitably, which in turn, allows us to continue to provide high service standards to our customers. Clean Earth has implemented a recovery program that incorporates each of these costs components in a fixed fee that will change monthly based on the national average for diesel prices, as reported by the U.S. Department of Energy.
Clean Earth’s Energy and Insurance fixed charge has two components. The first is a fixed 4% charge that assists in cost recovery for insurance, security, and environmental regulatory compliance. The second is a variable charge for energy-related costs that will track the national average price for diesel fuel as reported by the U.S. Department of Energy each month. This charge is applied to the entire invoice, less taxes and fees. The variable energy charge is established by the third business day of every month based on the four-week trailing average prices of diesel published by the Department of Energy and available at (https://www.eia.gov/petroleum/gasdiesel/)
The Clean Earth Fuel Surcharge Table shows the Fuel Surcharge, as a percentage of a customer’s monthly or other periodic invoice charges, before taxes, which is based from the last reported EIA/DOE national diesel price prior to a customer’s invoice date.
Fuel Surcharge: