Compare Opus Energy Business Tariffs

Opus business energy at a glance

Established in 2002, and based in Northampton, Opus Energy is an electricity and gas provider specialising in business energy. It is known for its use of 100% renewable electricity.

Its two main products are Opus Advance and Opus Advance Plus. Opus Advance uses renewable generators from across the UK and Europe, while Opus Advance Plus, designed for large electricity consumption, uses UK-only wind, solar and hydro power. Both products are certified by EcoAct, an independent sustainability consultancy.

We’ve put together everything you need to know about Opus Energy at a glance in our table below.

If you want to find out more about Opus business energy, read on for our full guide.

» MORE: How to make your business go green

What tariffs are available with Opus Energy business?

Opus Energy offers these main energy tariffs:

• one- to four-year fixed-term rates
• variable or out-of-contract rates
• deemed contract rate
• tariffs for large businesses

Fixed-term rates

As standard, Opus Energy offers micro and small businesses fixed-term rates for one to four years for both electricity and gas. This means the unit price you pay per kiloWatt hour (kWh) is fixed at the start of your contract and will remain the same until the end of that period.

Variable or out-of-contract rates

If you do not sign a new contract with Opus Energy once your original deal has expired, but remain with Opus as your supplier, you will be moved on to a monthly plan that is likely to cost you more than your previous fixed-term contract.

Deemed contract rates

If you move into a new business premises where Opus Energy is the provider, you will be put on a deemed contract rate. This is a variable kWh unit rate, and is among the most expensive ways to pay for business energy. However, a deemed contract has no set end date, so you can switch suppliers or negotiate your own contract with Opus Energy at any time.

Tariffs for larger businesses

If you are a large, corporate business, not only can you access Opus Energy’s fixed-rate gas prices, unlike smaller businesses you will also have a choice of fixed and flexible rates for your electricity.

Additional fees and charges

It is important to remember that on top of your kWh usage, charged at your unit rate, you will pay:

• Your fixed standing charge, which contributes towards maintaining the electricity network.
• VAT, either at 20% or the reduced rate of 5% (if your business uses less than 33kWh of electricity or 145kWh of gas a day).
• The Climate Change Levy (CCL), though there are exceptions to this tax.

You will also be charged for third-party, non-energy costs that may vary from month to month. These can include:

• energy infrastructure costs
• low carbon generation costs
• National Grid energy-related costs
• security of supply costs

» COMPARE: Business electricity

How do I set up Opus Energy online?

If you are looking to set up an online account with Opus Energy, you must already have an account with the supplier, and your account number to hand.

You then fill in the form and submit your request, and Opus will send further instructions on how to set up your My Opus Energy online account to your email.

How can I pay for my Opus business energy?

You can pay for your Opus Energy usage by direct debit, BACS transfer, or cheque. Both direct debit and BACS transfer can be set up using your My Opus Energy online account.

You can also call the credit team from Monday to Friday between 8.30am and 5pm on 01604 797 301 to arrange payments over the phone.

Is Opus Energy’s electricity renewable?

According to Opus Energy’s fuel mix disclosure for the 12 months ending 31 March 2022, 58% of the electricity supplied to its SME customers was renewable, with 32% from natural gas, 4% from coal, 3% from nuclear, and 3% from other sources.

As for its corporate customers, the fuel mix disclosure for Opus electricity was 80% renewable, 15% natural gas, 2% coal, 2% other sources, and 1% nuclear.

Like most suppliers in the UK, its gas is sourced from natural gas, which is non-renewable. However, it hopes to work with producers of biomethane gas, which is renewable, through the Green Gas Certification Scheme, or offset the carbon of its gas consumption in the future.

» MORE: Renewable business energy

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