Our Fuel Adjustment Factor

 

With increases in fuel tax and the volatility of global oil prices in general, TAJE Pilot & Towing Services advise that we are no longer able to absorb these rising costs and will be implementing a Fuel Adjustment Factor (FAF) on the cartage & piloting components of our transport services from 1st April 2021.

 

The FAF will be added to the cartage & pilot components of your invoice and is calculated on the Average Diesel Discounted Retail Price (ADP, Column M); net of GST in the ‘Weekly Table [CSV]’ under ‘Data and data sources’ as notified by the MBIE weekly fuel price monitoring page on their website. The FAF for any given month will be set at the end of the previous month based on the latest ADP – see the table to the right – and published on our website.

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Resources:

https://www.mbie.govt.nz/building-and-energy/energy-and-natural-resources/energy-statistics-and-modelling/energy-statistics/weekly-fuel-price-monitoring/

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