The waste management sector continues to come up with more effective and environmentally friendly innovations that’ll see less waste generation. Some of these trends have even explored creative financing opportunities in favor of waste management companies and municipalities. Who doesn’t support new, sustainable business practices and technologies that marry profitably with the environmental and social benefits?
Some of these waste management innovations may seem out of reach for a considerable number of companies and municipalities because of higher investment and longer payback periods involved. They, however, tend to drive efficiency and ultimately reduce the total cost of operation in the long run.
1. Electric Vehicles
Several new electric technologies are being introduced for garbage trucks and other vehicles. Trucks used for skip hire are switching from diesel to natural gas for environmentally friendly and cost-effective operations. This creativity is aimed at improving air quality and reducing traffic noise. However, most waste handling companies may face an uphill task to invest in new vehicles. The electric vehicles averagely cost 1.2 to 2 times more than the diesel vehicle. They also call for additional investment in recharging infrastructures. Giving it a foresight though, part of this heavy investment will be offset by lower fuel and maintenance costs and longer vehicle lifetime. Structuring the investment through mid to long-term policies could be considerate to most businesses.
2. Connected Equipment for Automated Waste Collection
Had you ever thought of smart waste bins that tell a control center when they’re full and ready for collection? Reliance on automated waste collection is growing. Automatic sensors let waste management companies know that bins are already full and ready for service. There is then software that calculates the most efficient transport route for a specific day based on particular data. These technologies reduce bin overflow and unnecessary driving. Related services such as skip bag could utilize this application to reduce the number of seagulls scavenging wastes as well as monitoring the number of collections conducted.
3. Optimizing Commercial Recycling and Waste Management
Over the past few decades, businesses have increasingly become aware of the impact of their practices on the environment. Alongside federal and state regulations, they’re taking more proactive steps to regulate waste emissions. Many businesses strive to stay on the cutting edge of waste management and recycling technologies. Businesses that have embraced such practices have witnessed huge growth in the best ways to serve customers while observing the financial and environmental edge.
4. Cutting Down on Organic Waste
The first big step to deal with waste is preventing its creation. Millions of tons of food and other organic materials are generated each year. In an effort for effective waste management, many cities and municipalities have employed efforts to offset this. Some states have shared it with larger enterprises such as hotels and restaurants to recycle all the food waste they generate. There is a possibility of smaller businesses as well as homesteads grouping up for similar practices.
5. Outsourcing Waste Management Services
The growth of states and municipalities’ outsourcing of waste collection and recycling activities to private companies favors the reduction of capital outlay and staffing costs. This has pushed some waste management companies to invest in modern technologies and services that adhere to governing regulations. But by businesses reviewing their operation needs carefully with financing partners, they can select the best option that favors profitability, regulations, customer satisfaction and most of all, the environment.
Article Submitted By Community Writer
