The 6th biggest business energy supplier in the UK, Opus Energy supplies 320,000 businesses.
They’re owned by Drax Group, a British electrical power generation company.
Find out more about Opus Energy before you choose your business energy provider, by reading our profile below.
Opus Energy supplies business energy to companies of various sizes, but the tariffs below are aimed at larger businesses.
Electricity
Opus Evolution
Opus Fixed
Gas
Note the tariff information listed above was correct at the time of writing (August 2019), although as noted, prices will vary by postcode and are subject to change at any time.
We rate suppliers based on customers' most desired features including payment options, customer satisfaction, renewables and other factors. You can see this snapshot below before you compare prices.
|
Features |
Service Offered |
|---|---|
|
Online Billing |
Yes |
|
Direct Debit |
Yes |
|
Smart Meters |
Yes |
|
Mobile App |
Yes |
|
Flexible Payments |
No |
|
Bonus Services (emergency callouts, backup supply etc) |
No |
|
Renewable Energy |
Yes |
|
Trustpilot |
Excellent - 4.4 |
|
Paper Billing |
No |
Opus Energy was founded in 2002 and has offices based in Northampton, Oxford and Cardiff. They changed their name to Opus in 2010.
In 2017, was acquired by the Drax Group. They provide the option of 100% renewable electricity and give customers the ability to purchase electricity wholesale directly from the market.
Smart meters are available to small and large businesses that are supplied by Opus Energy, with no added costs for installation.
Smart meters automatically record your usage and communicate it with your supplier, saving you time and making sure your bills are accurate.
To get one installed, Opus Energy customers can request one from customer services, or request one online. Data sent from your smart meter to your energy supplier is always protected. You can read more on Opus Energy’s website
You can submit meter readings to Opus Energy online through My Opus Energy. Request online access through their Customer Service team. Submitting a meter reading online is easy and only takes a few minutes.
Customers with a gas supply have their consumption logged remotely using AMR (Automatic Meter Readings). This means bills are more accurate and access to the meter doesn’t have to be pre-arranged.
Bills from Opus Energy will come in the form of an invoice; there’s a guide to what they look like and how to understand them on their website.
If your business’ bill is higher than usual, it could be because meter readings haven’t been submitted often enough, new equipment has recently been installed, or a fixed contract has ended. Your invoice from Opus Energy will tell you if you’re paying out-of-contract rates.
When you’re set up with the My Opus Energy online account, you can access all of your invoices, submit meter readings and check your contract dates.
If your business’ bill is higher than usual, it could be because meter readings haven’t been submitted often enough, new equipment has recently been installed and it’s using a lot of power, or a fixed contract has ended.
There’s no app available for Opus customers, but there is an online portal available called My Opus Energy. All account holders have access to this and can use it to submit readings, check account details, access invoices and check energy use.
According to their quote page, 1500 businesses switch to Opus Energy every week. It’s not completely clear how long the average switch takes, but the process is divided into three stages:
1. Confirm the contract
Once you’ve confirmed the tariff you want for your business, Opus Energy will send a welcome pack including all the details and terms agreed upon.
2. Supply set-up
Opus Energy contacts the industry’s registration database, which then notifies your current supplier. You’ll need to supply a meter reading close to the transfer date.
3. Transfer day
Your site will be supplied by Opus Energy when it switches over on supply day.
If you’re moving into a premises already supplied by Opus Energy, call them to discuss your options. You can choose to agree on a contract with Opus Energy, or you can look for an alternative supplier.
If you’re moving out, you can let Opus know online or over the phone. They’ll ask for a list of documents, a meter reading, and a forwarding address for your final invoice.
Coal – 0%
Natural gas – 0%
Nuclear – 0%
Renewable –100%
Other – 0%
Opus Energy is a voluntary Feed-in Tariff (FIT) licensee. This means you can receive your FIT payments from them (as long as your system is MCS certified) if you are an Opus Energy customer, but they are not obliged to offer this service on an ongoing basis. You can learn more on their website.
Majority of SMEs suffering from productivity woes
7 Nov 2017, smallbusiness.co.uk
Opus Energy commissioned some research into how SMEs “struggle with efficiency”. 86% of businesses want to be significantly more productive and are making changes to incentivise their staff.
Drax profits go up in smoke as coal assets lose value
19 July 2017, The Telegraph
Opus Energy’s owner experienced a loss at the start of 2017 “after a plunge in the value of its legacy coal assets”.
Brexit prompts the rise of the micro business
2 Oct 2017, City AM
Survey results from Opus are included in a report about how the number of micro-businesses “is at a record high” partly thanks to Brexit.
Removed at the request of Opus Energy.
Phone: 0843 227 2377 (Mon-Fri 8am-6pm)
Email: [email protected]
Opus Energy House, 8-10 The Lakes, Northampton, NN4 7YD
Website: https://www.opusenergy.com/
Opus Energy is committed to helping businesses across the UK to reduce their environmental impact and is the leading independent supplier of renewable energy to UK businesses. With a range of tariffs available to businesses of different sizes, Opus Energy is competitive.
Remember, it’s always important to shop around and compare before you commit.
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