The LightRecycle Washington (LRW) Environmental Handling Charge (EHC) Policy has been revised to clarify that, in accordance with the LRW revenue recognition policy, EHCs are not applicable to sales in the month of the termination of participation of reporting. The revisions to the EHC Policy are shown below in the italicized text:
EHC Reporting Periods
Participants must report and remit EHCs on a monthly or quarterly basis, and PCA must receive these reports and remittances must be received by PCA by the end of the month following the reporting month. For example, monthly reporters must report and PCA must receive applicable EHCs on January sales of Program Products made from January 1 to 31, 2015 must be reported and received by PCA before the end of February, 2015.
EHC obligations upon termination are as follows:
The Participant Agreement provides that:
s. 6(c) EHCs will be due and payable by Participant for the period up and until the last day of the last month of participation.
a) For a monthly reporter, no fees are payable after the last day of the last month of participation, i.e. fees do not apply on sales in the month of termination.
b) Quarterly or annual reporters must revert to monthly reporting at time of giving termination notice, and then (a) above applies.
Once a report has been submitted, the system automatically generates an invoice for the records of the Participant. Payment can be made by Electronic Funds Transfer or by check.
Participants who remit less than $10,000 of EHCs annually may request to report on a quarterly basis. Participants will be permitted to move to quarterly reporting only if they are in good standing with Product Care (meaning they have consistently paid invoices on time) and have remitted less than $10,000 for the previous 12 months. For clarity, no Participants will be permitted to move to calendar quarterly reporting during the 2015 calendar year, as 12 months of remittance history is required to establish that the Participant is in good standing and reports less than $10,000 annually. Where quarterly reporting is allowed, quarterly reports and remittances must be received by Product Care by the end of the month following the calendar quarter reporting period. For example, EHCs on sales of Program Products made from January 1 to March 31, 2016 (1st calendar quarter) must be reported and received by Product Care before the end of April 2016.
Please review and familiarize yourself with the revised EHC Policy. For additional program information and resources, visit the “Participant Resource Centre” of the program website at www.lightrecycle.org.
Thank you for your participation in LightRecycle Washington.
For questions please contact:
Jason Brown
Program Coordinator, Product Care Association
Phone: 778.331.6989
Email: jbrown@productcare.org
www.lightrecycle.org