When you think of ways to save your business money, battery recycling probably isn’t the first thing that comes to mind. As it turns out, though, recycling your used batteries is a smart, easy way to reduce costs and increase your profit margin. Not only that, but battery recycling is good for the environment — which means you can save money and reduce your carbon footprint at the same time.
Let’s look at four of the ways battery recycling can save your business money:
Reduce disposal costs
Battery recycling can save your business money by reducing the amount you pay for waste disposal. Because batteries contain toxic and harmful materials, they should never be thrown in the trash or a dumpster. Used batteries can and should be recycled — typically, at no cost to you. In fact, instead of paying to dispose of your spent batteries, you may be eligible to receive cash back when you recycle.
Get paid to recycle
Even after your batteries stop working, the materials inside still have some value. Some recyclers like Battery Recyclers of America will pay you by the pound for these materials. This can help offset the cost of disposal or in some cases, you may even get money back.
How much your batteries are worth depends on the number and type of batteries you have. Lead acid, consumer lithium ion, and some absolyte batteries are eligible for cash back. Other batteries, including NiCad, lithium primary, lithium thionyl chloride, and alkaline cost money to recycle, but the more volume you have, the less you’ll pay per pound.
By recycling your spent batteries, you can make extra money for your business and ensure your batteries are disposed of properly. It’s a win-win!
Under federal law, certain types of batteries must be recycled. This includes lead acid, lithium ion, and Ni-Cd batteries. Some states also have their own battery recycling regulations over and above federal regulations. Throwing your spent batteries in the trash can result in hefty fines.
With this in mind, it’s a good idea to make sure you’ve minimized your risk of being in violation. Your best bet is to work with a reputable recycler who understands the ins and outs of recycling regulations. It could save you thousands of dollars in the long run.
Promote reuse of materials
Here’s one most people don’t think about. Battery production requires metals and minerals like lithium, nickel, and cobalt. Many of these materials are rare and can be expensive to obtain. As the price of raw materials increases, so does the cost of making new batteries.
When you recycle your spent batteries, they are broken down and the materials inside reclaimed to make new products — including new batteries! Recycling your spent batteries promotes the reuse of raw materials, which can help keep the cost of new batteries low.
Your next steps
Recycling your spent batteries only takes a small amount of effort, but it can help your business save some serious cash. Ready to find out how much your spent batteries are worth? Contact us today or call (866-469-9375) to request a quote.