Opus Energy
Opus Energy was a UK-based independent business energy supplier offering renewable gas and electricity to commercial customers across the United Kingdom. The company, founded in 2002 and owned by Drax, has permanently closed operations.
- Company typePrivate
- Founded2002
- HeadquartersNorthampton, United Kingdom
- Headcount501–1,000
- GTM typeB2B
- OfferingServices
What Opus Energy does
Opus Energy was a UK-based independent business energy supplier specializing in renewable gas and electricity for commercial customers. Founded in 2002 and headquartered in Northampton, the company served businesses across the United Kingdom with a stated focus on renewable energy solutions, positioning itself as an alternative to the incumbent "Big Six" utilities for the B2B segment. The company was registered in England and Wales under company number 04382246 and at its peak operated with a workforce in the 501-1,000 range.
The business model was a commodity supply model: Opus Energy purchased energy on wholesale markets and resold it to business customers under supply contracts, generating margin on the spread between wholesale procurement costs and contracted retail prices. Go-to-market was direct B2B sales to commercial energy users across the UK. Early-stage capital was provided by investor Venrex in 2002 and 2006, and the company was subsequently acquired by or placed under the ownership of Drax Group, a UK-listed power generation and energy services business, with customer privacy functions later hosted on drax.com.
As of the most recent observation, Opus Energy has permanently ceased operations. Its website displays a closure notice stating the company is no longer responding to enquiries, and former customers are directed to Drax for privacy-related matters. No information on current revenue, active contracts, customer transition arrangements, or residual operations was disclosed.
Opus Energy firmographics
Firmographics- Name
- Opus Energy
- Legal name
- Opus Energy
- Website
- https://opusenergy.com
- Company type
- Private
- Founded year
- 2002
- Operating status
- Closed
- Headcount range
- 501–1,000 employees
- Short description
- Opus Energy was a UK-based independent business energy supplier offering renewable gas and electricity to commercial customers across the United Kingdom. The company, founded in 2002 and owned by Drax, has permanently closed operations.
- Ownership category
- akta.pro rank
Opus Energy industry classification
Industry- Product category
- Commercial Energy Supply
- NAICS
- Electric Power Generation, Transmission and Distribution (2211)
- SIC
- Electric Services (4911), Electric, Gas & Sanitary Services (4900)
- akta.pro primary industry
- Corporate REC/GO Procurement & Portfolio Management (Buy-Side) (EUAMAKAG)
Keywords
Where Opus Energy is headquartered
LocationHeadquarters
- HQ city
- Northampton
- HQ country
- United Kingdom
- HQ region
- Europe
Markets served
Opus Energy business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Supply Chain, Operations, Personnel, Marketing or Sales
Opus Energy product offering
Product offeringCore offering
Opus Energy was a leading independent UK supplier of gas and electricity to businesses, with a focus on renewable energy solutions. The company procured wholesale energy and delivered supply contracts to commercial customers across the United Kingdom. Operations have permanently ceased and the company is no longer responding to enquiries.
Product overview
Opus Energy was a UK-based business energy supplier focused on renewable energy solutions. The company is now permanently closed and no longer operating.
Differentiator
Problem solved
Functional benefit
Products and services
- Business Electricity Supply Supply of electricity to UK commercial customers under business energy supply contracts.
- Business Gas Supply
- Renewable Energy for Business
Companies that use Opus Energy
Customer profileIdeal customer profiles1 record
Opus Energy technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Opus Energy partnerships and signals
Strategic signalRecent moves4 records
Opus Energy competitors and assessment
Company assessmentDirect peers
- EDF Energy: EDF Energy supplies electricity and gas to UK business customers, including renewable-backed tariffs, directly overlapping with Opus Energy's B2B supply proposition.
- SSE Energy Services: SSE's business energy arm supplies gas and electricity to commercial customers in the UK, including renewable options, making it a direct competitor to Opus Energy.
- SmartestEnergy: SmartestEnergy is a UK B2B electricity supplier focused on renewable and embedded generation, closely mirroring Opus Energy's renewable B2B positioning.
- Haven Power: Haven Power is a Drax Group subsidiary supplying electricity to UK industrial and commercial customers, making it an intra-group peer to Opus Energy under shared ownership.
- Crown Gas & Power: Crown Gas & Power supplies gas and electricity to UK SMEs and industrial customers, a comparable independent B2B supplier active in the same segment as Opus Energy.
- ScottishPower Business: ScottishPower supplies renewable-backed electricity and gas to UK businesses, directly comparable to Opus Energy's renewable-focused B2B offering.
Broad incumbents
- Shell Energy Retail: Shell Energy supplies electricity, gas, and renewable energy products to UK business customers, overlapping with Opus Energy's customer base and product mix.
- TotalEnergies Gas & Power: TotalEnergies supplies gas and power, including renewable PPAs and certified supply, to UK and European businesses — a directly comparable B2B energy supplier peer.
- E.ON UK Business: E.ON UK supplies electricity, gas, and renewable energy solutions to UK business customers at scale, competing broadly with Opus Energy.
- British Gas Business: The B2B arm of Centrica's British Gas is a major incumbent supplier of gas and electricity to UK businesses, competing head-on with Opus Energy across the segment.
Market position
Strengths2 records
Weaknesses3 records
Competitive moat2 records
Key risks4 records
Key highlights4 records
Customer concentration
Opus Energy social profiles
Digital presenceOpus Energy financial estimates
Financial estimateRevenue estimate
Valuation estimate
Opus Energy leadership team
Management profileNumber of profiles
Profiles1 record
Opus Energy funding detail
Funding detailFunding overview
Funding rounds2 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Opus Energy M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Opus Energy
What does Opus Energy do?
Opus Energy was a leading independent UK supplier of gas and electricity to businesses, with a focus on renewable energy solutions. The company procured wholesale energy and delivered supply contracts to commercial customers across the United Kingdom. Operations have permanently ceased and the company is no longer responding to enquiries.
Is Opus Energy a public or private company?
Opus Energy is a private company. It is classified as corporate owned and is currently closed.
When was Opus Energy founded?
Opus Energy was founded in 2002. It employs 501 to 1,000 people.
Where is Opus Energy based?
Opus Energy is headquartered in Northampton, United Kingdom, in the Europe region.
Who are Opus Energy's main competitors?
Direct peers on record are EDF Energy, SSE Energy Services, SmartestEnergy, Haven Power, Crown Gas & Power and ScottishPower Business. Broad incumbents are Shell Energy Retail, TotalEnergies Gas & Power, E.ON UK Business and British Gas Business.
Does Opus Energy have an API?
No public API is recorded for Opus Energy.
What industry is Opus Energy in?
Opus Energy's product category is Commercial Energy Supply. Its primary akta.pro industry code is EUAMAKAG, Corporate REC/GO Procurement & Portfolio Management (Buy-Side). Its NAICS code is 2211 and its SIC code is 4911.