August 12, 2010
HI-5 redemption rate decreases
The Associated Press - Hawai‘i’s beverage container deposit redemption rate for the fiscal year ending June 30 was 76 percent, down from a record high 79 percent in the previous fiscal year, the state Department of Health said last week. “The redemption rate is down slightly from last year, but participation in the HI-5 recycling program remains strong,” Jennifer Tosaki of the department’s Office of Solid Waste Management said. Each August, the state uses the redemption rate to help determine whether the container fee for the HI-5 program should be increased. This year, the fee could rise by half a cent per container, but it will remain at 1 cent, the department said. That means consumers will continue to pay 6 cents per container, which is a 5-cent refundable deposit and a 1-cent nonrefundable container fee for administrative costs. The redemption rate is calculated by dividing the number of deposit beverage containers redeemed by the sales of deposit beverage containers.
http://www.mauiweekly.com/page/content.detail/id/501875/HI-5-redemption-rate-decreases.html?nav=17
