What is a PRN? Packaging Waste Regulations

What is a PRN?

It’s getting around to that time of year again, looking back on the last calendar year, calculating your data, talking to your suppliers and delving deep into every product you buy, use and sell!!!! All this can mean only one thing.

Yes, that’s right it’s time to submit your Packaging Waste Regulations data.

And that means you will need to procure your PRN’s

PRN is an abbreviation for a Packaging Recovery Note. An essential part of a company’s compliance with the Packaging Waste Regulations.

Although the Packaging Waste Regulations have been in place since 1996 the level of knowledge across many industries seems somewhat lacking.

PRN’s are issued through the recovery of packaging waste, either by approved export or domestic recovery.

PRN’s are available on the open market, but most are still managed and distributed to obligated companies through Packaging Waste Regulations Compliance Schemes.

Prices are negotiated with the producer of the PRN’s and the revenue from those PRN’s is used to improve the countries recycling infrastructure.

So, to answer quite simply a PRN is a Packaging Recovery Note. To answer more detailed a PRN is the evidence required by an obligated company that a calculated number of tonnes of a material specific product has been recycled.

Here at Flame UK, we have the experience to calculate your data, support your company with any Environment Agency inquiries, procure your PRN’s at the best possible rate and to create your compliance plan. Get in touch and see how we can help you meet your obligation cost-effectively and on budget.

Catalytic Converter thefts on the rise. A must read for every driver:

The Downside of rising metal prices.

BBC News has been investigating the rise in thefts of catalytic converters from vehicles

It seems the increasing value of the precious metal palladium is making them more attractive to thieves.

Apart from the inconvenience, it can be quite costly to repair your vehicle after such a theft.

Check out this advice from the AA on how to protect your catalytic converter:

  • Garage your car whenever possible
  • Park in well-lit busy areas
  • Look out for people working under cars
  • If the car’s high risk consider marking the metal shell of the converter with a unique mark, so that if it is removed by thieves it will be easier to trace back to your vehicle
  • If you operate a small fleet, consider obstructing access to vehicles with high ground clearance by parking lower vehicles close by.

(source https://www.theaa.com/driving-advice/security/catalytic-converter-theft)

Picture Credit: BBC.co.uk

Brexit, what happens to the energy market?

Brexit, what happens to the energy market?

Every day we are now all too familiar with the words “deals” and “backstops” being mentioned with the Brexit media coverage regarding business preparation. As a business we are asking ourselves should we be doing something now?

Most of Great Britain’s energy market links with Europe are bundled up in the wholesale market. The Internal Energy Market which is Europe’s solution to harmonising the wholesale energy market was created during the last 5 years.

European Codes were introduced such as the Trans European Replacement Reserves Exchange (TERRE) and with it the Regulation on Wholesale Energy Market Integrity and Transparency (REMIT), which placed obligations on reporting changes in supply and demand patterns that may influence wholesale prices.

In these very uncertain times most of the communication from Ofgem has related to REMIT contingency arrangements in the event of a no-deal withdrawal.

In December 2018 Ofgem published a letter informing parties that it will continue to monitor and enforce the integrity and transparency of the wholesale market. Within 4 weeks of exit, all participants entering transacting trade orders will be required to register with Ofgem.

In addition, the Regulator has consulted with the industry throughout 2018, leading to its recent January consultation.   This examined the consequential license modifications in the event that the UK leaves the EU without a deal. It is still the plan that the Withdrawal Agreement will be implemented (allowing for an orderly transition), and that the proposed changes will only be enacted in the event of a no deal.

It is highly likely that energy markets will experience anxiety and uncertainty and therefore volatility during this time of unchartered territory and usual market Trends would be likely to be eradicated by the uncertainty with increased costs incurred when signing a new contract.

Whilst the market is still stabilised pre Brexit we would strongly recommend having a review of your current contract to give you the ability to forward signing a new contract ahead of the predicted volatility forecast.

Whether your current contract is due in the next month or next year we can still forward purchase now on fixed contracted rates to start at that time, giving you the peace of mind in these uncertain times.  Please contact one of our energy experts on 0115 8965460 who will be happy to help and guide you.

 

Image credits

Creator:ANDY RAIN

Credit:EPA-EFE

Choosing the right Energy Supplier

How do I choose a good Energy Supplier and find the right contract?

It can be a minefield when it comes to choosing a good energy supplier for your business, with more energy suppliers to choose from how do you make the right decision? Here are a few simple ways to make the process simpler and easier.

Top criteria for your selection process

  • Which supplier is offering the best rate?

In your selection process in choosing an energy supplier, you should look at which supplier has the lowest rate. Having a recent energy bill to compare what you are currently paying for gas or electricity against what the supplier is offering is a great start in your selection process.

  • What contract length works best for your business?

Energy suppliers offer a full range of contract lengths. These contracts range usually from 6 months to 60 months as a standard, don’t forget that bespoke end dates can be arranged if you want to look at aligning your contracts.  Dependant on the wholesale market sometimes longer term contracts can be more cost effective than shorter alternatives, due to many factors (I will be writing a blog specifically on this subject soon), but don’t forget to factor in your time!

  • What contract type works for your business?

There are different contract types varying from fully fixed contracts to partial or fully pass through contracts.  Each supplier has slightly different names for each contract so it can be confusing, but the underlying factor is establishing whether your costs are fixed for the contract period or not! Its not to say that either are cheaper parse, you must factor in your consumption when looking at standing charges, those with very low consumption can often be better off with a higher unit rate.

  • What terms and conditions are the best?

It might be fine selecting a supplier that offers good rates and the contract length you want, but what happens when it comes to the terms and conditions?

You need to look out for excessive late payment fees, being penalised for over or under consuming the energy consumption you are contracting and other charges that may not be included in your unit rate. If your planning any energy efficiency projects that will reduce your energy consumption drastically then look out for take or pay!

So once you have satisfied yourself with all of the above credentials. Looking at supplier reviews can be a good indication of service levels and will give you the most recent comments and concerns experienced by their current customers.

  • Most important of all……Get a team on your side!

To simplify the whole process a good energy broker will be able to provide you with the knowledge needed to make that informed decision and advise you on every aspect of choosing the right energy supplier and contract for your Individual business needs.

As a broker we are very selective when it comes to the energy suppliers we work with, and whilst we work with a full range of suppliers ranging from the big six to some suppliers that only work with brokers, there are still a few that do not meet out strict accreditation process.

We regularly assess our suppliers based on rates, customer service, supplier terms and conditions and general reliability and position in the market.  As this is an ongoing process it gives you the peace of mind of only being placed in contracts with reputable companies.

No one wants to be placed into a cheap energy contract only to find 6 months later that the supplier has gone bust, energy prices have gone through the roof and you are left with no alternative other than to sign a new contract at a lot higher rates.

 

For further information and find out which energy supplier would be a good fit for your business please contact our energy experts on 01158965460.

 

Connect or follow me on LinkedIn for regular insight and news.

Pam Knight

Student Power

Students brought traffic to a standstill outside Parliament on Friday 15thFebruary. They were among thousands of students across the world to take the day off school for a climate change strike.

It is said to be the first in a series of escalating actions, with the next strike date set for March 15th as part of a globally coordinated action.

Driven by what they see as an alarming lack of Government leadership on climate action over previous decades, young people say they are determined to highlight the need for positive change to avert the impending climate breakdown.

The strikes are inspired by Greta Thunberg, who, aged 15, put climate change firmly in the spotlight after skipping school to demonstrate outside the Swedish Parliament. She said her actions were a bid to get politicians to “…prioritise the climate question, focus on the climate and treat it like a crisis”.

The IPCC Special Report on Global Warming of 1.5°C, warns that humanity has just 12 years to avert catastrophic climate change. It’s a stark headline that has re-energised the environmental movement and prompted tens of thousands of students to act.

The UKSCN (UK Student Climate Network) said “The messaging is clear, we need to act now to ensure current and subsequent generations have a future to look forward to”