California Refund Value
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California Refund Value, or CRV, is an amount paid to consumers in exchange for empty beverage containers at California recycling centers. It is sometimes confused with California Redemption Value, which is a deposit paid by consumers upon purchase of recyclable beverage containers.
The CRV program was introduced in the 1980s as an incentive to recycle. Retailers add the Redemption Value (the deposit) on top of the retail price of beverages. Consumers, who pay this deposit when they purchase beverages with recyclable containers, can return empty containers to a recycling center to receive a refund (which may be an amount different from the deposit amount).
[edit] Current Refund Value
As of January 1, 2007, CRV will be paid by recycling centers as follows:
- 5 cents for containers less than 24 oz.
- 10 cents for containers 24 oz. and more
[edit] See Also
[edit] External Links
- Bottlesandcans.com
- 2007 Refund Value Increase
- California Department of Conservation / Division of Recycling
- CRV Computations effective 2004
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