Opus Energy: what happened

What happened to Opus Energy?

Opus Energy has closed and says it is no longer responding to enquiries. Most of its small business customers moved to EDF in September 2024, and the rest moved to Pozitive Energy (now PE Solutions) from 1 May 2025. If you were an Opus customer, contact whichever of these now supplies you.

Source: drax.com · Drax Half Year Results 2025

Who supplies me now: EDF or PE Solutions?

The quickest check is your latest bill, or the letter you received about the transfer: it will carry your new supplier's name. For gas, Find My Supplier (run by Xoserve) shows the supplier for your address, or you can call the Meter Number Helpline on 0870 608 1524. Our MPAN guide explains where to find your electricity meter details.

What rates am I on after the transfer?

Check the first bill or welcome letter from your new supplier. If you didn't agree a new contract after the transfer, you may be on its deemed or out-of-contract rates, which are usually well above fixed contract prices. You can normally leave rates like these at any time.

Was I owed money from the Ofgem case?

Ofgem closed a compliance case after Opus reported that it had overcharged 87,825 non-domestic customer accounts between 2003 and 2023. Opus committed £7,077,077 in refunds, interest, goodwill payments and a redress fund payment.

Ofgem's decision explains who was affected and how refunds were handled. If you think you were overcharged and haven't heard anything, contact whichever supplier now holds your account, and see our guide to business energy complaints.

Source: Ofgem, Nov 2024

Opus Energy timeline

• Dec 2016In December 2016 Drax announced it would buy Opus Energy Group for £340 million. Opus, founded in 2002, then had 265,418 meters (at 31 March 2016) supplying electricity and gas to businesses. drax.com · Proposed acquisition opus energy group limited
• Jun 2024On 26 June 2024 Drax agreed to sell up to 90,000 Opus Energy small business meter points to EDF Energy Customers Limited. drax.com · DRX HYR 2024 RNS
• Sept 2024The sale of most of Opus Energy's meter points to EDF completed in September 2024. drax.com · Full year results for the twelve months ended 31 december 2024
• Nov 2024Ofgem closed a compliance case after Opus reported that it had overcharged 87,825 non-domestic customer accounts between 2003 and 2023. Opus committed £7,077,077 in refunds, interest, goodwill payments and a redress fund payment. Ofgem
• May 2025In May 2025 Drax sold the remaining Opus small business meter points and related receivables to Pozitive Energy Limited, completing its exit from the small business market. drax.com · Drax Half Year Results 2025
• Sept 2026The Opus Energy website now shows only a notice saying it is permanently closed and no longer responding to enquiries. opusenergy.com

What to do now

Once you know who supplies you and what you're paying, compare that with live prices for your premises. If you're on deemed or out-of-contract rates, a fixed contract is usually cheaper, and you can normally move at any time.

Compare business energy prices

Opus Energy FAQs