Rent-to-own News

Rent-to-own News - Study: flat-panels decreasing eWaste

July 22, 2011

The Consumer Electronics Association (CEA) issued a report Thursday detailing the significant in size and weights of today's flat-panel TVs compared to previous CRT sets, indicating that e-waste recycling volume will diminish precipitously as remaining CRT TVs in U.S. homes are replaced.

The report, titled "Materials Footprint Reduction of Televisions and Computer Monitors: 2004-2010," found flat-panel TVs are 82 percent lighter and 75 percent smaller on average CRT TV predecessors of similar screen size, according to Twice.

The report also found current 40- to 70-inch flat-panel TVs weigh 34 percent less than 13- to 36-inch CRT TVs.

"The staggering reductions in materials in TVs and computer monitors have real and lasting environmental benefits, from the supply chain through recycling and disposal," stated Walter Alcorn, CEA environmental affairs and industry sustainability VP. "Dramatically lighter and smaller TVs and monitors reduce the amount of resources needed to manufacture the product, and slash the amount of required packaging and fuel used to transport these products. Furthermore, the sunsetting of CRT TVs is vastly reducing the amount of electronics to be recycled."

The study, which was conducted by Pike Research under commission of the CEA, underscores that manufacturing capacity for CRT products has plummeted precipitously and will eventually fall to zero.

"Those CRT TVs and monitors represent the bulk of electronics needed to be recycled in the coming years, and once most of those hefty TVs and monitors reach end-of-life, the overall amount of electronic waste will decline," the CEA said.

The CEA coordinated eCycling Leadership Initiative, which has targeted recycling 1 billion pounds of electronics annually by 2016, set measurement and transparency as one of its key principles along with bolstering consumer education of eCycling and increasing the number of recycling locations and infrastructure needed to reach the one billion-pound annual target.

This report is the first of many technical reports on issues relating to end-of-life electronics.

 Additionally, while consumer ownership of smartphones and tablets is on the rise, CEA's 13th Annual Household CE Ownership and Market Potential Study, which was released in May, found that the number of discrete CE products per household declined to 24 this year from 25 in 2010, in part because device functions are consolidating.

Smartphones and tablets represent a small fraction of the total weight and volume of the electronics waste stream, including old CRT televisions and monitors, the CEA said.

The Materials Footprint report found that while an old 36-inch CRT TV generated about the same amount of electronics waste as 5,080 cell phones, today's 70-inch flat-screen TV generates the equivalent of just 953 cell phones, and a 30-inch flat-panel computer monitor's weight is equivalent to 211 mobile phones.

"The report illustrates a measurable, positive environmental impact new technologies have made in reducing the materials footprint of consumer electronics products," Alcorn concluded. "We expect the trend of ever-shrinking electronics to continue, whether it's a 70-inch TV or a handheld device."

The Materials Footprint report follows another study released by CEA in February that illustrated the increased efficiency of TVs since 2003.

About APRO
The Association of Progressive Rental Organizations is the official voice of the rent-to-own industry and the most accurate and trustworthy source of rent-to-own news in the industry. Founded in 1980, APRO is the national, nonprofit trade association advocating and representing the rent-to-own industry before the U.S. Congress, state legislatures, courts, media and the public.

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A New Rent-to-Own Experience

by Neil Ferguson

Here’s the lowdown on APRO’s 2012 Convention and Trade Show, July 24-26 in Memphis. The RTO industry’s big event will offer many valuable experiences, including insights on how to turn your stores into “experiences”–the good kind for consumers

 

Who Is Your Competition?

by Bill Keese

In order to expand your customer base, you can learn a lot by observing your competitors. But first, you need to figure out just who they are. If you think your only competition is the rent-to-own store down the street, you’re not considering the bigger picture. APRO’s executive director offers a big-picture perspective.

 

A Review of Online Customer Complaints

by Ed Winn III

While rent-to-own companies have not cornered the market on negative reviews posted on consumer complaint websites, it’s no surprise that there are cyberspace beefs against RTO. APRO’s general counsel reviews some of them in search of a pattern and he considers appropriate response to online complaints.

 

Rent-to-Own Families, Part VIII

by Kristen Card

Our series of family-run rent-to-own businesses continues with profiles of the Homeiers in Kansas and two Texas-based sets of kindred colleagues, the Spangles and the Weisblatts.

 

 

Future issues of APRO's magazine will be available in this same new format. Click here to access past issues that are not yet archived in the new interface.

 

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