As per the agreement, the company will initially charge a processing fee of $77 per ton, which would increase in subsequent years by $3 per ton over the three-year contract period.
El Paso Electric is conducting the program in partnership with ARCA, an appliance recycler, who in turn will take care of picking up and recycling discarded refrigerators, freezers, and window A/C units.
Meantime, Greg Reibman, the president of the Charles River Regional Chamber observed that it may not be reasonable for retailers to follow all parts of the ordinance.
The new TRIC facility will have capacity to process about one-tenth of materials needed per year by the the nearby Tesla Gigafactory for making lithium-ion batteries.
Cyber Crunch ensured that all the data is securely destroyed, the materials shredded and recycled responsibly to produce raw materials, which in turn could be repurposed.