Home > Term: energy recovery fee (ERF)
energy recovery fee (ERF)
Car rental companies use this ruse hoping to transfer conventional overhead directly to customers. Sometimes this can turn overhead into a profit centre.
"To help recover the escalating energy costs related to our business operations, we must impose a separately stated Energy Recovery Fee (ERF) to all customers at all locations. Please check for all fees that apply to your rental in the Rates section during your car rental reservation process."
- Part of Speech: noun
- Industry/Domain: Transportation
- Category: Car rental
- Company: Budget
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- Chisheng
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