Is It Worth It?
When given an opportunity to reduce their carbon footprint, reduce pollution, and help the environment, people are eager to participate. For individuals, the practice does not have to be the most cost-effective or convenient. However, with innovation in biodegradable packaging and goods, the amount of recycling is down from 35 percent to 33 percent according to the EPA, and many property managers are reevaluating their policies for Waste Removal in Condo’s and Hi-rise apartment complexes.
Recycling is not always profitable
Waste Management’s CEO, David Steiner, told CNBC’s Squawk Box that low recycling commodity prices have put their recycling division into a loss. He used the example of cardboard (the most recycled commodity): WM previously sold the cardboard for $100 per ton. They give their customers 75 percent; WM keeps 25 percent. It cost WM $20 per ton for processing, WM makes about $5 profit from each ton of recycled cardboard. When the prices drop, WM is still obligated to pay 75 percent of the sales price to their customers. The lower prices left WM earning just $12.50 per ton for themselves, yet still having to pay the $20 per ton for processing. This puts them at a loss for their recycling efforts.
Waste Removal in Condo’s and Hi-rise apartment complexes
Property managers can reduce their waste removal cost by using efficient battery-powered dumpster movers and bin pullers. This reduces labor cost and the risks of worker injuries from overexertion, strains, or slipping. The 36-volt WasteCaddy make it easy for one person to maneuver up to 10,000 lbs. Call 800.686.2651 to discuss your waste removal needs with our knowledgeable Sales Engineers.