Office Depot offers to recycle electronics for free

NEW YORK (CNN/Money) - Don't be so quick to toss out your old PCs, fax machines or digital cameras -- office supply retailer Office Depot is partnering with Hewlett-Packard to offer recycling of one electronic product a day for free all through the summer.In a press conference Tuesday morning, Office Depot executive Chuck Rubin said the program is designed to offer customers an environmentally sound way to dispose of old electronics."We believe this initiative represents our most comprehensive environmental project to date," said Rubin. "It's critical to us that our customers see us as more than just a provider of goods and services."The program, which will - - run from July 18 through Sept. 6, comes as computer and electronics makers are increasingly pressured to recycle, since most of the products they manufacture contain lead, mercury and other chemicals that can be harmful if dumped in landfills.It will be offered at all 850 of Office Depot's (ODP: up $0.04 to $18.43, Research, Estimates) continental U.S. stores and will combine the retailers' ability to provide reverse logistics with Hewlett-Packard's (HPQ: up $0.20 to $20.31, Research, Estimates) technical know-how in recycling used electronics.Although customers won't get any cash or rebates for bringing in dated electronics, Rubin said the company is looking into adopting such an incentive scheme in the future.The offer includes all brands of electronics, and products including computer monitors, digital cameras, copiers, fax machines, cell phones, personal digital assistants (PDAs) and TVs - glass recycling prices - that are 27 inches or smaller, the report said.The companies would not disclose how much their program will cost, or how they're splitting the bill.