7. Products Sold and Collected and Recovery Rate
Product Reported Sold
OPEIC participants reported 258,156 units of EOPE were sold in BC during the fiscal reporting year from December 1, 2023, to November 30, 2024. 8F 9 (See Table 4 for a breakdown of units sold by product category.)
Table 4: Total Units of Electric Outdoor Power Equipment Sold in BC in the 2024 Fiscal Reporting Year
EOPE Category
Total Units Sold
Handheld EOPE
174,714
Walk-behind EOPE
44,547
Free-Standing EOPE
38,456
Lawn Tractors
439
Total
258,156
Product Collected OPEIC’s Program Plan sets out the following reporting commitments: • The estimated weight of Regular Products collected. • The estimated weight of Regular products collected by regional district; • The estimated weight of Regular products collected per capita by regional district; • Number of units of bulky items collected; and • The estimated total units collected. However, with the improvements in how the program collects and manages Bulky products, it is now possible to estimate the total weight of all Program Product collected. Consequently, the Program is enhancing the reporting commitments set out in the Program Plan by reporting the following for 2024: • The estimated weight of Program Products collected • The estimated weight of Program Products collected by regional district; 9 In 2017, OPEIC changed its accounting policy for the recognition of revenue from Environmental Handling Fees (EHFs). In previous periods, OPEIC had recognized revenues from EHFs in the period that the related program materials were sold by the member. As of 2017, OPEIC decided to recognize revenue from EHFs at the end of the month following the reporting period that the program materials were sold by the member. Management believes that the new policy is preferable because it better reflects the requirements of OPEIC’s membership agreements, which defines the members’ obligations under the various programs. Accordingly, in order to align non-financial reporting of units sold with OPEIC’s financial revenues, the units sold reported for 2024 reflect units sold between December 2023 and November 2024.
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