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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.
 
Diesel Fuel Price (EUR/1000 litres) Fuel Surcharge : Environmental Surcharge: Total Surcharge:
at least: but less than:
0                  1,120  0.00% 4.00% 4.00%
1,120                  1,150  0.50% 4.00% 4.50%
1,150                  1,180  1.00% 4.00% 5.00%
1,180                  1,210  1.50% 4.00% 5.50%
1,210                  1,240  2.00% 4.00% 6.00%
1,240                  1,270  2.50% 4.00% 6.50%
1,270                  1,300  3.00% 4.00% 7.00%
1,300                  1,330  3.50% 4.00% 7.50%
1,330                  1,360  4.00% 4.00% 8.00%
1,360                  1,390  4.50% 4.00% 8.50%
1,390                  1,420  5.00% 4.00% 9.00%
1,420                  1,450  5.50% 4.00% 9.50%
1,450                  1,480  6.00% 4.00% 10.00%
1,480                  1,510  6.50% 4.00% 10.50%
1,510                  1,540  7.00% 4.00% 11.00%
1,540                  1,570  7.50% 4.00% 11.50%
1,570                  1,600  8.00% 4.00% 12.00%
1,600                  1,630  8.50% 4.00% 12.50%
1,630                  1,660  9.00% 4.00% 13.00%
1,660                  1,690  9.50% 4.00% 13.50%
1,690                  1,720  10.00% 4.00% 14.00%
1,720                  1,750  10.50% 4.00% 14.50%
1,750                  1,780  11.00% 4.00% 15.00%
1,780                  1,810  11.50% 4.00% 15.50%
1,810                  1,840  12.00% 4.00% 16.00%
1,840                  1,870  12.50% 4.00% 16.50%
1,870                  1,900  13.00% 4.00% 17.00%
1,900                  1,930  13.50% 4.00% 17.50%
1,930                  1,960  14.00% 4.00% 18.00%
1,960                  1,990  14.50% 4.00% 18.50%
 
*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 €1,750 /1000 litres, the surcharge would be 15.0% based on the table above.
It is calculated as follows:
Invoice subtotal  €100.00
Fuel surcharge  €11.00 (11.0% * €100 = €11.00)
Environmental Surcharge €4.00 (4.0% * €100 = €4.00)
Subtotal before taxes  €115.00 + 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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