The Environment Exchange | Charges

How much does the Environment Exchange cost?

Joining Fee

Zero

Annual Particiaption Fee

£100 (fully rebatable)

fee is charged retrospectively at the end of each trading year. However, when the following criteria are met no fee will be charged:

• 50% of participation fee rebated when trading fees amount to at least £50
• 50% of participation fee rebated on signing a direct debit mandate

OR

• 50% of participation fee rebated on completeion of t2e's annual seller's survey (sellers only)

A small trading fee

A trading fee of £0.50 per tonne for either WEN's or PRN's with a value of £5.00 or over and £0.25 for WENs or PRN's with a value of less than £5.00.  

Buyers will also be charged a Document Issuing Fee of £5 per trade. This fee is credited directly to the seller of the document to cover the administrative cost.

A minimum of £10 per order applies when traded tonnage falls below 20 tonnes to cover the cost of administering the contract. If an order of less than 20 tonnes is filled by a series of smaller trades the minimum fee is only charged on the first trade.

 Examples of fees when PRN is £5 or above

For more detailed information on trading fees and information on the annual participation fee, please refer to Rules and Procedures, fees.  

ALL FORMS ARE AVAILABLE IN THE "JOIN THE PRN/WEN MARKET" ON THE LEFT