Choosing the right energy provider is crucial for any UK business looking to manage costs and increase efficiency. Opus Energy is a well-established name in the business energy sector, serving thousands of SMEs and large enterprises across the UK. This article will review Opus Energy business tariffs, prices structure, and key features to help you make an informed decision for your company.
Who is Opus Energy?
Opus Energy is part of the Drax Group, a major player in the UK energy market, focusing on renewable and low-carbon energy sources. They supply gas and electricity to businesses of all sizes, from small enterprises to large corporate clients. Opus Energy prides itself on delivering competitive rates and tailored energy solutions while supporting a more sustainable energy future.
Opus Energy business prices list
Please note that actual prices can vary depending on factors such as your business’s location, energy usage, and market conditions. For the most accurate rates, it’s recommended to contact Opus Energy directly for a personalised quote.
| Tariff Type | Electricity Unit Rate (per kWh) | Gas Unit Rate (per kWh) | Standing Charge (per day) |
|---|---|---|---|
| Fixed-rate tariff | 18p – 22p | 4p – 5p | 25p – 35p |
| Variable-rate tariff | 20p – 26p | 5p – 6p | 20p – 30p |
| Green energy tariff | 19p – 24p | 4.5p – 5.5p | 22p – 32p |
These prices are estimates and can fluctuate based on the current energy market, the length of your contract, and the specific needs of your business. For the most competitive rates, consider negotiating directly with Opus Energy or compare with other suppliers.
Opus Energy business tariffs explained
Opus Energy offers a variety of business tariffs designed to cater to the needs of different organisations. Whether you’re a start-up, an SME, or a large enterprise, there is likely to be a plan that matches your consumption and budget requirements. Here’s a breakdown of the main types of business tariffs they offer:
1. Fixed-rate tariffs
Fixed-rate tariffs from Opus Energy allow businesses to lock in their energy prices for a set period, typically ranging from one to three years. The main benefit of this tariff is protection against energy market fluctuations. If wholesale energy prices rise, your rates stay the same, providing stability in budgeting and forecasting.
Key features:
- Predictable energy costs for the contract duration
- Ideal for businesses looking to manage their long-term energy expenses
- Protection against market volatility
2. Variable-rate tariffs
Variable-rate tariffs mean that the cost of your energy can fluctuate based on market conditions. While this type of tariff can lead to lower costs when market prices drop, it also means that your rates could increase if energy prices rise.
Key features:
- Rates that reflect the current energy market conditions
- Flexibility to take advantage of falling prices
- Suitable for businesses willing to take on some level of risk
3. Green energy tariffs
Opus Energy’s green energy tariffs are designed for businesses committed to sustainability. These tariffs ensure that a significant portion of the electricity you use is sourced from renewable energy. It’s a great way to enhance your company’s green credentials and demonstrate a commitment to reducing its carbon footprint.
Key features:
- Energy sourced from renewable sources like wind, solar, and hydro
- Helps your business achieve sustainability goals
- Supports the transition to a low-carbon economy
Key features of Opus Energy business services
Opus Energy goes beyond just supplying gas and electricity to its business customers. Here are some of the additional features and services they offer:
Smart metering
Opus Energy provides smart meters to its business customers, enabling more accurate billing and real-time tracking of energy consumption. This technology allows businesses to monitor their energy usage patterns, identify opportunities for savings, and optimise their energy efficiency.
Benefits:
- Automated meter readings for precise billing
- Insight into energy consumption trends
- Improved control over energy usage
Energy efficiency support
Understanding the importance of reducing energy consumption, Opus Energy offers advice and support on how businesses can improve their energy efficiency. Their team provides tips and strategies tailored to your company’s energy usage to help lower your overall costs and reduce your environmental impact.
Customer support
Opus Energy is known for its dedicated customer service, providing comprehensive support to its business clients. They offer a range of communication channels, including phone and email, ensuring that any issues or queries are resolved promptly.
Customer support highlights:
- Multiple contact options for easy access
- Quick response times
- A reputation for friendly and knowledgeable support staff
Opus Energy business prices overview
The exact cost of Opus Energy’s tariffs can vary significantly depending on several factors, including your business size, energy usage, and location. However, they are generally competitive in the market, offering a range of prices that cater to different needs.
Factors influencing business energy prices
- Contract length: Longer contracts often come with lower rates due to the stability they provide to the energy supplier.
- Usage patterns: Businesses with higher energy consumption may be able to negotiate better rates.
- Market conditions: Energy prices can fluctuate due to changes in the wholesale market, geopolitical factors, and seasonal demand.
How to get a quote
To get the most accurate pricing for your business, it’s best to request a tailored quote directly from Opus Energy. This way, you can ensure that the tariff you choose aligns perfectly with your budget and energy requirements. You can usually do this through their website or by contacting their customer service team.
Pros and cons of choosing Opus Energy for your business
Pros
- Flexible tariff options: A variety of plans to suit different business sizes and energy needs.
- Green energy options: Supports businesses that prioritise sustainability.
- Smart metering technology: Helps improve energy management and efficiency.
- Strong customer service: Well-regarded for its support and responsiveness.
Cons
- Variable rates can be unpredictable: If you choose a variable tariff, you might face increased costs if energy prices rise.
- Exit fees on fixed contracts: Cancelling a fixed-term contract before its end date could result in exit fees.
Is Opus Energy right for your business?
Opus Energy is a solid choice for businesses looking for competitive energy prices, flexibility in tariffs, and a commitment to green energy. Whether you’re a small business aiming to lock in stable rates or a larger enterprise seeking to optimise energy costs, Opus Energy’s range of tariffs and features are worth considering.
However, it’s always wise to compare energy providers to ensure you’re getting the best deal for your specific needs. Taking the time to assess your energy consumption, future business growth, and sustainability goals can help you choose the right provider that aligns with your objectives.
Conclusion – Opus Energy business prices review
Opus Energy offers a comprehensive range of tariffs and services tailored to the needs of UK businesses. With options for fixed, variable, and green energy tariffs, they provide the flexibility to manage costs and support sustainability efforts. Combined with their focus on customer support and smart technology, Opus Energy is a competitive option worth exploring for your business energy needs.
Make sure to conduct a thorough comparison with other providers to find the energy solution that best fits your company’s requirements. For more, see the Opus Energy website.
FAQ – Opus Energy business pricing
Opus Energy charges a late payment fee of £15 for each overdue invoice. In addition to this, they may apply interest at 8% above the Bank of England base rate on any outstanding amount, depending on the length of the delay.
Opus Energy does not typically offer standard discounts for early payments on their tariffs. However, some bespoke agreements for large enterprises might include incentives, such as a reduction of up to 2% on your bill for early settlement.
Standing charges for Opus Energy business accounts generally range from 20p to 35p per day. While these charges are usually fixed, businesses with high energy consumption may be able to negotiate lower rates as part of a customised contract.
Opus Energy charges exit fees ranging from £50 to £150 per fuel, depending on the contract’s duration and the size of the business. Early termination costs can vary, so it’s advisable to confirm specific fees when entering into a fixed-rate agreement.
Standard meter installations by Opus Energy typically cost between £50 and £100 for business customers. However, for smart meters or more complex setups, charges can go up to £250, depending on the specific requirements of your business premises.