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Service Fees

Fuel and Environmental Surcharge

Effective January 2016, Shred-it implemented a fuel surcharge that currently is adjusted monthly based on the European Commission's Oil Bulletin.


Fuel and Environmental Surcharge calculation methodology*

Calculation of the fuel surcharge is based on two main factors, the invoice subtotal before VAT 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 VAT.
 
If the price per litre of fuel is Your fuel surcharge will be:
at least: but less than:
€0.00 €1.56 0.00%
€1.56 €1.58 0.50%
€1.58 €1.60 1.00%
€1.60 €1.62 1.50%
€1.62 €1.64 2.00%
€1.64 €1.66 2.50%
€1.66 €1.68 3.00%
€1.68 €1.70 3.50%
€1.70 €1.72 4.00%
€1.72 €1.74 4.50%
€1.74 €1.76 5.00%
€1.76 €1.78 5.50%
€1.78 €1.80 6.00%
€1.80 €1.82 6.50%
€1.82 €1.84 7.00%
€1.84 €1.86 7.50%
€1.86 €1.88 8.00%
€1.88 €1.90 8.50%
€1.90 €1.92 9.00%
€1.92 €1.94 9.50%
€1.94 €1.96 10.00%
€1.96 €1.98 10.50%
€1.98 €2.00 11.00%
€2.00 €2.02 11.50%
€2.02 €2.04 12.00%
€2.04 €2.06 12.50%
€2.06 €2.08 13.00%
€2.08 €2.10 13.50%
€2.10 €2.12 14.00%
€2.12 €2.14 14.50%
 
*The Environmental Surcharge is calculated at 4% of the invoice sub-total and is in addition to the Fuel Surcharge.


Calculation example:

If your invoice subtotal is €100, and the European Commission's Oil Bulletin price is €1.75 / litre, the surcharge would be 9.0% based on the table above.
It is calculated as follows:
Invoice subtotal  €100.00
Fuel surcharge  €5.00 (5.0% * €100 = €5.00)
Environmental Surcharge €4.00 (4.0% * €100 = €4.00)
Subtotal before taxes  €109.00 + VAT

Please note: Due to the timing of fuel surcharge calculations, there may be a small profit made by the company on the fuel surcharge.
 
 

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