UK non-domestic supplier profile

Drax Renewables (trading name of Opus Energy Renewables Ltd) business energy supplier profile

Opus Energy Renewables Ltd is an active UK electricity supply licensee associated with Drax Renewables. Public-facing information indicates it is used for renewables/FiT-related customer support rather than a broad retail business energy proposition. The Drax support page states that Drax Renewables is the trading name of Opus Energy Renewables Ltd.

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Last updated 16 May 2026 · Talk to our team on 0161 521 3400

Snapshot, in plain English

Is Drax Renewables (trading name of Opus Energy Renewables Ltd) right for your business?

Established supplier

Licensed for 16 years with accounts currently filed. Sizing detail not yet independently researched, but the Companies House profile shows an established, active licensee suitable for single-site SME and mid-market multi-site contracts. Run standard counterparty due diligence before a 3-year commitment above £250k spend.

Risk band reasoning: Active, 16 years trading, accounts current.

16 yrs tradingRisk band: Low riskLast accounts filed 2024-12-31Next accounts due 2025-12-31Status: Active

Your business	Fit	Why
Single site SME	Fit	Often competitive on single-site fixed rates.
Multi-site SME	Fit	Most mid-market suppliers handle multi-site billing.
I&C £250k to £1m spend	Possible	Check counterparty viability over a 3-year term.
I&C above £1m spend	Not suited	Below the scale threshold for I&C tenders.

Verify on Companies House (free public record)

Quick facts

Trading name	Drax Renewables (trading name of Opus Energy Renewables Ltd)
Licence holder	OPUS ENERGY RENEWABLES LTD. Parent: Opus Energy Renewables Limited (Company No. 07126582) Co. 07126582
Supplies	Electricity
Website	energy.drax.com
Business phone	01604 673117
Email / contact	renewables@drax.com Contact page
Rate status	Quote required

Company data

Live data on the licence-holding companies behind Drax Renewables (trading name of Opus Energy Renewables Ltd), compiled by Purely Energy's independent research team and refreshed monthly.

Independent research on Drax Renewables (trading name of Opus Energy Renewables Ltd)hasn't been published yet. Our monthly refresh will publish it at the next run.

Drax Renewables (trading name of Opus Energy Renewables Ltd) out-of-contract and deemed rates

Not publicly published / quote required

Drax Renewables (trading name of Opus Energy Renewables Ltd) published rate page

If you are on deemed, default, rollover, variable, or Out-of-contract rates, ask for a written renewal quote and compare it against live market prices before agreeing a new contract.

Where your p/kWh actually goes

Indicative split for a UK I&C electricity bill in 2026, sourced from Cornwall Insight's non-commodity cost research. Your meter, region and contract type shift the exact mix, but the four components are always present.

Wholesale energy, 38%Gas or power bought on the wholesale market. The figure most coverage focuses on.
Non-commodity costs, 53%Network charges (DUoS, TNUoS), policy levies (RO, FiT, CfD, Capacity Market), CCL and balancing costs.
Supplier margin, 6%What the supplier earns. Always priced into the unit rate.
Broker margin, 3%What we earn for tendering and managing the contract. Shown separately on every Purely Energy quote.

Who Drax Renewables (trading name of Opus Energy Renewables Ltd) may suit

Best fit for existing renewables/FiT and export-generation customers rather than general B2B electricity procurement. No public business tariff schedule or out-of-contract/deemed pricing was found, so commercial quotes or legacy account support appear to be handled via direct contact.

Trading name and licence-holder notes

The licence holder appears to trade under the Drax Renewables brand rather than the legal entity name. Ofgem lists Opus Energy Renewables Ltd as encompassing licences for Opus Energy Renewables Ltd, Opus Energy (Corporate) Ltd, and Opus Energy Ltd, while the Drax FiT page explicitly says Drax Renewables is the trading name of Opus Energy Renewables Ltd.

Switching from Drax Renewables (trading name of Opus Energy Renewables Ltd) to a fixed business contract

UK businesses can switch electricity supply away from Drax Renewables (trading name of Opus Energy Renewables Ltd) once their fixed contract ends, or after resolving any open objection or termination-window issue. The process is the same for every supplier on the non-domestic market, but a few checks done in the right order make the transfer materially faster.

1. Find your contract end date. It's on your last renewal letter or the most recent bill from Drax Renewables (trading name of Opus Energy Renewables Ltd). Most non-domestic contracts have a 1 to 6 month termination window before that date, outside of which you may auto-roll onto a new fixed term.
2. Get your MPAN ready. The 21-digit MPAN (electricity) and 6 to 10-digit MPRN (gas) uniquely identify each meter and are needed for any competing quote. Both appear on your bill.
3. Compare against the live market. Drax Renewables (trading name of Opus Energy Renewables Ltd) doesn't publish standard out-of-contract rates, so request a written renewal quote first and benchmark it against live market prices before agreeing anything. Purely Energy can run your meters against the wider UK panel and come back with the cheapest fixed offers.
4. Settle the final bill and clear any objections. Drax Renewables (trading name of Opus Energy Renewables Ltd) will issue a final bill within 6 weeks of supply transferring. If a balance is outstanding, they can object to the switch under industry rules, so clear it before the transfer date to avoid a hold.
5. Sign the new contract. Once the new supplier has your MPAN/MPRN and signed contract, the transfer typically completes within 4 to 8 weeks. There is no break in supply, you simply receive your first bill from the new supplier.

Need help with any of these steps? Our team handles the paperwork end-to-end as part of every quote.

Need help comparing Drax Renewables (trading name of Opus Energy Renewables Ltd)?

Purely Energy can check your current rates, compare renewal options across electricity suppliers, and review whether switching could reduce your business energy costs.

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FAQs

Who supplies energy under the Drax Renewables (trading name of Opus Energy Renewables Ltd) brand?+

The Ofgem non-domestic licence is held by OPUS ENERGY RENEWABLES LTD., ultimately part of Opus Energy Renewables Limited (Company No. 07126582). The trading name on your bill or contract may differ from the licence holder, which is normal and reflects how UK energy is regulated.

What is the Drax Renewables (trading name of Opus Energy Renewables Ltd) business contact number?+

Drax Renewables (trading name of Opus Energy Renewables Ltd) can be reached on 01604 673117 or by email at renewables@drax.com. The official contact page is https://energy.drax.com/support/feed-in-tariff/.

Does Drax Renewables (trading name of Opus Energy Renewables Ltd) publish out-of-contract rates?+

Drax Renewables (trading name of Opus Energy Renewables Ltd) does not appear to publish a standard deemed or out-of-contract rate online. Business customers should request a written renewal quote in advance of their contract end date and compare it against live market prices.

Can I switch away from Drax Renewables (trading name of Opus Energy Renewables Ltd)?+

In most cases, businesses can switch electricity supply away from Drax Renewables (trading name of Opus Energy Renewables Ltd) at the end of a fixed-term contract or after resolving any objections, debt, termination-window, or meter-data issues. The safest route is to check your contract terms, final bill position, and renewal dates before starting a transfer.

How long does it take to switch from Drax Renewables (trading name of Opus Energy Renewables Ltd)?+

Once a new supplier has the meter point details (MPAN/MPRN) and a signed contract, a non-domestic switch typically completes within 4 to 8 weeks. Supply does not break: the new supplier takes over billing on the transfer date.

Is Drax Renewables (trading name of Opus Energy Renewables Ltd) a UK-licensed supplier?+

Yes. Drax Renewables (trading name of Opus Energy Renewables Ltd) is on the Ofgem non-domestic licensee register for electricity. Ofgem maintains the official register at ofgem.gov.uk.

What are out-of-contract business energy rates?+

Out-of-contract rates are the prices a business pays when no fixed-term contract is in place with its supplier. They can be materially higher than negotiated contract rates, so businesses should check their contract end date and renewal window before they expire.

Other UK electricity suppliers

Compare Drax Renewables (trading name of Opus Energy Renewables Ltd) against these other UK non-domestic electricity licensees on the same directory.

Or browse the full UK business energy supplier directory.

Sources

Public data this profile is built from. Always verify rate and contract details on the supplier's own website before relying on them.