Variable rates: what Drax charges a business without a fixed contract
Drax Energy Solutions Limited (formerly Haven Power)
Drax business out-of-contract electricity is 45.94p per kWh with a 300p daily standing charge. These are Drax's Variable rates, which apply to a business without a fixed contract, from 1 November 2026. We checked them against Drax's own schedule on 3 November 2026.
| Schedule | Electricity | Gas |
|---|---|---|
| Variable ratesNo fixed contract | 45.94 p/kWh300 p/day standing chargeFrom 1 November 2026 | Not published |
Drax is principally an electricity supplier, no business gas variable rates published. Drax reprices monthly and publishes the next month ahead of time.
That is the 11th lowest headline electricity rate of the 16 suppliers we track. Compare all 16 suppliers' out-of-contract rates.
Out-of-contract electricity averages 44.75p/kWh across the 16 suppliers we track. We compare 19 suppliers for you.
Get a fixed price before your next billLast reviewed 3 November 2026. Always verify rates with the supplier before relying on them.
Drax calls these rates Variable rates. They apply to a business without a fixed contract.
Moved into a premises and never agreed a contract? That is the deemed case: deemed contracts explained.
The date that matters most is your notice date, not your end date, because missing it can roll you onto a new term or onto the rates above. Find it on your contract or bill, then get prices well before it. Our guide covers what to do when your business energy contract ends, whether you have six months left or it ended last week.
Not sure who supplies you? Use our business supplier finder.
Frequently asked
Drax business out-of-contract electricity is 45.94p per kWh with a 300p daily standing charge. These are Drax's Variable rates, which apply to a business without a fixed contract, from 1 November 2026. We checked them against Drax's own schedule on 3 November 2026. Rates can vary by region and meter type, so check the row for your site on Drax's own schedule before relying on them.
Sign a new fixed contract, with Drax or another supplier. On a variable or out-of-contract rate you can usually switch at any time, although a supplier can object if you owe it money. Our guide to what to do when your business energy contract ends covers each step.
DRAX ENERGY SOLUTIONS LIMITED (Companies House number 05893966) is part of Drax Group plc, incorporated on 2 August 2006.
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.
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.
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.
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.
Yes. As an independent broker we tender against Drax alongside our panel of 19 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.
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
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.
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
Turnover CAGR +25.1% over 4 years
| Year ending | Turnover | YoY | Operating profit | EBITDA | Total assets | Employees |
|---|---|---|---|---|---|---|
| 31 December 2024 | £3.4bn | -19.8% | £62m | £67m | £962m | 405 |
| 31 December 2023 | £4.2bn | +27.2% | £82m | £86m | £910m | 398 |
| 31 December 2022 | £3.3bn | +94.5% | £-7.3m | £-4.4m | £1bn | 397 |
| 31 December 2021 | £1.7bn | +23.5% | £13m | £16m | £631m | 374 |
| 31 December 2020 | £1.4bn | - | £-14m | £-10m | £489m | 381 |
Sourced from filed accounts at Companies House. YoY = year-on-year turnover change. CAGR = compound annual growth rate across the window shown.
Year ending 31 December 2024
Drax Power Station, Drax, Selby, North Yorkshire, YO8 8PH
Yorkshire and The Humber · North Yorkshire
Pricewaterhousecoopers LLP
Plus 18 more on the public register.
8 on the public register
Public contact details
VAT number GB818290029
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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