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About Drax and their out-of-contract rates

Drax Energy Solutions Limited (formerly Haven Power)

At a glance

DRAX ENERGY SOLUTIONS LIMITED (Companies House 05893966) is the licensed UK retail entity owned by Drax Group plc. Registered office: Drax Power Station, Drax, Selby, North Yorkshire, YO8 8PH. Latest filed turnover £3.4bn (year ending 2024) with 405 employees.

Last verified 7 May 2026 · Sources: Companies House (05893966), Citizens Advice non-domestic league table, Ofgem licence register.

Drax business contact

Direct lines for business customers

Phone
01473 277556
Email
contactteam@drax.com
Contact page
Open on Drax

Sourced from Drax's official contact page. Verify before relying on these details for billing or contract-end disputes.

Drax (the B2B supplier formerly Haven Power) is the customer-facing arm of Drax Group plc, the LSE-listed UK power generator. The retail business focuses on commercial and industrial electricity supply, particularly half-hourly metered customers.

Parent
Drax Group plc
Founded
2005
Headquarters
Selby, North Yorkshire
Revenue 2024
£6.16bn (group)

Drax out-of-contract rates 2026

When a fixed contract ends and a new one is not signed, supply continues at deemed or out-of-contract rates set by the supplier, typically materially higher than fixed-rate offers. Verify the regional figure on Drax's own published schedule before relying on it.

Latest published rates

Effective 2026-05-01
Electricity
32.62p/kWh
Standing charge 300 p/day

NHH PC1-4 / PC5-8 variable rate

Source
Gas
Not offered

Drax is principally an electricity supplier, no business gas variable rates published.

Drax deemed rates pageDrax business website

Last reviewed 2026-05-05. Always verify rates with the supplier before relying on them.

Companies House

Drax corporate structure

Live from the UK government register. Status, officers, ultimate beneficial owners and outstanding secured debt for the licensed retail entity.

View on Companies House
Legal entity
DRAX ENERGY SOLUTIONS LIMITED
No. 05893966 · ltd
Status
Active
Jurisdiction: england wales
Incorporated
2 August 2006
19 years on the register
Registered office
Drax Power Station, Drax, Selby, North Yorkshire, YO8 8PH
Active officers
5 active · 24 resigned (history)
  • Rebecca DunnSecretary
    Appointed 19 March 2026
  • Dwight Daniel Willard GardinerDirector
    Appointed 1 January 2016British,American
  • Frank Hendrikus LemminkDirector
    Appointed 3 October 2025Dutch
  • Daniel Andrew PeacockDirector
    Appointed 19 March 2026British
  • Paul Nathan SheffieldDirector
    Appointed 12 June 2017British
Beneficial owners (PSCs)
1 active · 2 ceased
  • Drax Smart Supply Holdco LimitedCorporate
    Private Limited CompanyRegistered in England

    Ownership Of Shares 75 To 100 Percent, Voting Rights 75 To 100 Percent, Right To Appoint And Remove Directors

Industry classification (SIC)
1 code recorded
  • 35140 · Trade of electricity

Next accounts due: 30 September 2026 (last filed 31 December 2024)

Outstanding charges
21 total · 16 outstanding · 5 satisfied

Debt secured against the company's assets (debentures, floating charges, mortgages). Outstanding charges sit ahead of unsecured creditors in any insolvency.

  • A registered chargeoutstanding
    Filed 23 December 2025 · In favour of Deutsche Bank Ag, London Branch (As Security Agent)
  • A registered chargeoutstanding
    Filed 22 August 2024 · In favour of Deutsche Bank Ag, London Branch
  • A registered chargeoutstanding
    Filed 3 May 2024 · In favour of Deutsche Bank Ag, London Branch
  • A registered chargeoutstanding
    Filed 5 April 2024 · In favour of Deutsche Bank Ag, London Branch
  • A registered chargeoutstanding
    Filed 27 February 2024 · In favour of Deutsche Bank Ag, London Branch
  • A registered chargeoutstanding
    Filed 20 December 2022 · In favour of Deutsche Bank Ag, London Branch (As Security Agent)

Source: Companies House (UK government register) via the public REST API. Cached for 24h. Revenue and profit figures are not part of this dataset; for those see the “Latest revenue / profit” panel above.

Drax business profile

Independent company data for the licensed retail entity, drawn from the latest filed accounts and statutory registers. Refreshed monthly. Not a credit recommendation.

Last refreshed 7 May 2026

Risk band
Stable
Score 64/100
Healthy, broadly stable profile with no immediate concerns.
Recommended credit limit
£11m
Provider's guidance, not a Purely Energy recommendation.
Turnover (latest filed)
£3.4bn
Year ending 31 December 2024
Total assets
£962m
Creditor days 1
Headcount (filed)
405
As of 31 December 2024
Growth score
61/100
Next accounts due
30 September 2026

5-year financial trend

Turnover CAGR +25.1% over 4 years

Year endingTurnoverYoYOperating profitEBITDATotal assetsEmployees
31 December 2024£3.4bn-19.8%£62m£67m£962m405
31 December 2023£4.2bn+27.2%£82m£86m£910m398
31 December 2022£3.3bn+94.5%£-7.3m£-4.4m£1bn397
31 December 2021£1.7bn+23.5%£13m£16m£631m374
31 December 2020£1.4bn-£-14m£-10m£489m381

Sourced from filed accounts at Companies House. YoY = year-on-year turnover change. CAGR = compound annual growth rate across the window shown.

Latest filed profit and loss

Year ending 31 December 2024

Turnover
£3.4bn
Gross profit
£117m
Operating profit
£62m
Pre-tax profit
£78m
EBITDA
£67m

Registered office

Drax Power Station, Drax, Selby, North Yorkshire, YO8 8PH

Yorkshire and The Humber · North Yorkshire

Auditor

Pricewaterhousecoopers LLP

Active officers· 28 on the public register

Plus 18 more on the public register.

Industry (SIC07)

  • 35110: Production of electricity · ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY
  • 35140: Trade of electricity · ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY

Trading history and former names

  • HAVEN POWER LIMITED, 2006 to 2021

Outstanding charges

8 on the public register

  • DEUTSCHE BANK AG, LONDON BRANCH (AS SECURITY AGENT) · 18 December 2025
  • DEUTSCHE BANK AG, LONDON BRANCH · 19 August 2024
  • DEUTSCHE BANK AG, LONDON BRANCH · 2 May 2024

Public contact details

Website
www.drax.com
Telephone
+441473725943
Email
contactus@havenpower.com

VAT number GB818290029

Frequently asked

Drax: questions answered

Who owns Drax?

DRAX ENERGY SOLUTIONS LIMITED (Companies House number 05893966) is part of Drax Group plc, incorporated on 2 August 2006.

What is Drax's credit rating and financial position?

Based on the latest filed accounts at Companies House, DRAX ENERGY SOLUTIONS LIMITED has a credit score of 64/100, a derived risk band of Stable, a recommended credit limit of £11m, turnover of £3.4bn (FY24). Full figures and source filings are in the business profile section above.

What is Drax's registered office and how do I contact them?

DRAX ENERGY SOLUTIONS LIMITED's registered office is Drax Power Station, Drax, Selby, North Yorkshire, YO8 8PH. Public contact details: telephone +441473725943, email contactus@havenpower.com. For broker enquiries via Purely Energy, see the contact panel above.

What are Drax's turnover and financial accounts?

DRAX ENERGY SOLUTIONS LIMITED's most recently filed accounts (year ending 2024) show turnover of £3.4bn, operating profit of £62m, total assets of £962m, 405 employees. Annual accounts are filed at Companies House and refreshed in our profile monthly.

What are Drax's out-of-contract rates for businesses?

As of 2026-05-01, Drax's out-of-contract rates are electricity at 32.62p/kWh with a 300p/day standing charge. Rates vary by region and meter type — verify on Drax's own published schedule before relying on them.

Is Drax safe for business customers?

DRAX ENERGY SOLUTIONS LIMITED holds a valid Ofgem electricity and gas supply licence, files audited accounts at Companies House, with latest turnover of £3.4bn. We do not give financial advice; verify the latest filings and any recent enforcement actions before signing a long-term contract.

Can I get a fixed business gas or electricity quote from Drax via Purely Energy?

Yes. As an independent broker we tender against Drax alongside 30+ tier-1 UK suppliers. Each quote breaks the unit price into wholesale energy, non-commodity costs, supplier margin, and our broker margin so you see exactly what you are paying. Request a comparison via the buttons above.

Sources and references

We are an independent UK B2B energy broker. Profile data is sourced from the public registers above and refreshed monthly. Not a credit recommendation. Verify recent filings before relying on any figure.

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