Drax Energy Reviews, Prices & Tariffs
Find out more about Drax Energy.
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The Drax Group provides multiple services including suppliers of business electricity, renewable power generation and production of biomass. They’re targeting to become carbon-negative by 2030 and employ over 3,000 people across the UK and North America.
Who Are Drax Energy?
Drax Energy provides competitive business electricity tariffs to larger UK companies and focuses on cost simplicity, control, and to help customers on their renewable journey.
Drax has a simple energy offering with fixed or variable tariffs available. With tech dashboards available to monitor usage, it allows companies to control their usage and discover ways to save.
Drax Energy Tariffs
Drax Energy keeps its tariffs simple with a Fix or Flex option available. These are targeted at different businesses that want some flexibility or price stability.
Drax Energy Flex
The Drax Flex tariff is for high-consumption users that use over 2GWh (Gigawatt Hours) - this is a huge amount of electricity equating to 2 million kWh. This tariff offers direct access to the Drax trading desk for full transparency with your billing.
Drax Energy Fix
The Drax Fix tariff is aimed at UK businesses using more the 30,000 kWh annually. This is a low-risk solution for energy bills as you will know how much you’re paying each month. Offering cost simplicity, this is the ideal tariff for medium to large-sized businesses.
Drax Energy PPAs
Drax offers a Purchase Power Agreement that can be shaped around your needs. This can be a fixed, flexible or bespoke procurement solution with a variety of contract lengths. Renewable Obligation Certificates (ROCs) are also issued for eligible electricity generated in the UK.
Drax Energy Green Performance
Here is the Drax Energy fuel mix disclosure for 2024:
- Renewables: 91%
- Natural gas: 6.1%
- Coal: 1.3%
- Nuclear: 1%
- Other fuels: 0.6%
Here is the breakdown of renewables sourced by Drax Energy:
- Wind: 14.3%
- Bioenergy: 82.6%
- Photovoltaic: 2.6%
- Hydropower: 0.5%
Drax Energy Information
Drax Energy Reviews
It is difficult to gauge Drax Energy as an energy supplier as they do not have many reviews online. As a specialist in large electricity supply, likely, customers are likely not encouraged to leave feedback on Trustpilot.
Who Owns Drax Energy?
Drax Energy is owned by the Drax Group and backed by several investment funds including Invesco, Blackrock Advisors, Orbis Investment Management and Schroder Investment Management.
Where Is The Drax Energy Head Office?
Drax Power Station is located in Selby, North Yorkshire.