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Changes
to HMC&E regulations impact fuel costs April 2008
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Increased fuel costs will NOT be passed on to our
customers!
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Most people are probably not aware that
vehicles classified as for use in roads maintenance are eligible to use
'Red' diesel, that is diesel with no Customs & Excise fuel levy
appled.
Due to recent changes in HMCE regulations, this exemption will be
removed as of April 1st 2008.
'Red' diesel costs substantially less than 'white' diesel (the diesel
you buy at garage pumps) - meaning that overnight fuel costs to our
industry will increase by almost 50%
This increase will have a serious impact on many white lining companies
costs and profitability, and we are aware that many of our competitors
are planning to impose additional fuel surcharges even
on works already quoted for, if those works are scheduled after April
1st.
Riggotts will not be applying surcharges
- nor will we be increasing our base prices.
Thanks to thoughfull planning, intelligent management strategies and
extensive use of our state-of-the-art works planning and scheduling
systems, Riggotts are confident that we can absorb these
increased costs without passing any elements on to our customers.
Further information can be found at the HMRC website here: hmrc.gov.uk

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