Fuel Surcharges

Background

  • Diesel prices represent a highly significant element of our overall cost base
  • While we seek to offset these cost increases through improved efficiencies, they are such that they must be passed to our customers as a fuel surcharge
  • In establishing this fuel surcharge, we seek to be:
    • Comparable with our competitors and market practise
    • Clear and consistent: surcharges are based on average prices published by the AA
    • To download the latest monthly data please click here.
    • Fair and honest: surcharges go up and down in line with published prices


The policy for Speedel Sameday Services

  • All customer contracts will include a base price for diesel
  • As each customer’s invoice is raised the ruling price for diesel published by the AA will be compared to each customer’s base price:
    • For every 2.49p (or part thereof) upwards movement in published pence per litre diesel prices, Speedel will apply a 0.25% fuel surcharge to each invoice
    • For every 2.49p (or part thereof) downwards movement in published pence per litre diesel prices, Speedel will apply a 0.25% reduction in your Fuel Surcharge till the Surcharge reaches 0 – at which point there will be no surcharge applied to your invoice

 

Diesel Prices and Corresponding Surcharge Levels

The table below shows the average UK diesel price bands and their corresponding fuel surcharge levels. Please be aware that there will be a one month lag in the application of the index. For example the monthly average price of diesel as published by the AA relating to December, will be used to determine the applicable fuel surcharge for February.

Speedel’s fuel surcharge will be changed on this monthly basis using this scale:

Add 0.25% for each additional 2.49 ppl increase in diesel price. Speedel reserves the right to change the fuel surcharge index and table without notice. Both the amount and duration of the surcharge will be determined at Speedel’s sole discretion.

Please visit this page regularly for any updates.