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Unlocking Savings: Exploring Drax Out of Contract Rates with The Smart Energy Company


In the intricate world of energy supply, being well-informed about your Out of Contract (OOC) rates is more than just a financial obligation—it's a strategic necessity. As of the 1st of January, 2024, Drax's OOC rates have been updated, and they may have a considerable impact on the energy bills of SMEs across Great Britain. The Smart Energy Company is here to demystify these rates and guide you towards making more cost-effective energy choices.


What Are Drax's Out of Contract Rates?

When your fixed energy contract with Drax concludes, and you haven't negotiated a new one, you automatically shift to OOC rates. These rates are significantly higher than contracted rates and can inflate your energy costs without warning. For Profile Classes 1-8, all energy usage is charged at the 'Day Rate', and for Profile Class 0, additional charges like TNUoS and DUoS are applicable.

Drax's Current Out of Contract Rates Effective 01st January 2024

Profile Class

Day Rate (p/kWh)

Standing Charge (p/Day)

Other costs







0 (Half Hourly)

26.73 +TNUos and DUoS*


Metering / DA / DC / Reactive Power at cost

*HHAC + TNUoS and DUoS to be added on

kWh – kiloWatt hour TNUoS – Transmission Network Use of System: the transmission cost associated with the relevant Half Hourly supply; National Grid Company levies this charge HHAC – Half Hourly Availability Charge: we calculate this by multiplying the Network Operator’s published availability rate for the relevant HH supply - expressed in pence/kVA/day - by the customer’s Chargeable Supply Capacity - expressed in kVA DA – Data Aggregator DC – Data Collector

The Impact on Your Business:

It’s essential to understand the full picture. OOC rates can be as much as 70% higher than contracted prices. For example, a business on a Profile Class 1-8 tariff could be facing a day rate of 29.71p/kWh with a standing charge of 400p/day, which over time adds up to a substantial amount. And for half-hourly settled customers, the additional network charges can create an even bigger financial strain.

How The Smart Energy Company Can Assist:

Navigating these rates doesn't have to be daunting. At The Smart Energy Company, we provide transparent, customer-focused utility contracts, ensuring that you're not caught off-guard by sudden rate increases. Our dedicated account managers and detailed market reports help you secure the best deals at the right time, not just when your contract is up for renewal.

Worried about overpaying for energy? Don't wait for your contract to lapse.

Time to Review Your Energy Contract with Drax?

If you're approaching the end of your contract or have already transitioned to OOC rates, it's time for a chat. In just a couple of minutes, we can begin the process of evaluating your energy needs and potentially unlocking savings for your business.


The energy market is complex, but with The Smart Energy Company, it becomes a lot less daunting. Partner with us to ensure that you're not left in the dark with high OOC rates from suppliers like Drax. Our aim is to empower you to make informed decisions that keep your energy costs optimised and predictable.

Ready to take control of your energy bills?

Reach out today and take the first step towards a more sustainable energy future for your business.

0151 459 3388 |


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Have More Questions?

  • Is it possible to change multiple business utilities at the same time?
    Our switching service allows you to switch multiple utilities simultaneously. We have successfully assisted multiple businesses in the UK by helping them save on various services such as energy and water with savings within 2023 already over the £2 Million mark.
  • How much can I save on my business utility bills?
    The amount you can save on your business utility bills will depend on various factors such as your current usage, the rates offered by different providers, and the specific deals available in your location. However, our switching service is designed to help you find the best deals and save as much as possible. By comparing multiple suppliers and negotiating competitive rates, we aim to maximise your potential savings. Get in touch with us to discuss your specific needs and get personalised information on potential cost savings for your business utility bills.
  • How does switching business utilities work?
    Switching business utilities involves a straightforward process. Here's a general overview of how it works: Evaluation: Start by assessing your current utility bills and usage patterns. This will give you an idea of your current costs and help identify areas where savings can be made. Comparison: Use a switching service like ours to compare different utility providers in your area. We provide you with quotes from multiple suppliers, allowing you to compare prices, contract terms, and services offered. Selection: Based on the comparison results, choose the utility provider that best meets your needs and budget. Consider factors such as price, customer reviews, contract terms, and any additional services or benefits offered. Contract Negotiation: Once you've chosen a new provider, our team can help negotiate the contract terms and rates on your behalf. Switching Process: The switching service will coordinate the transition with your current supplier and the new provider. This may involve submitting termination notices, arranging meter readings, and scheduling the activation of new services. Enjoy the Savings: After the switch, you'll start receiving services from your new provider, typically at the agreed-upon rates. You will notice savings on your utility bills, providing you with cost advantages for your business. Remember, the exact process may vary depending on the type of utility you are switching, but our switching service aims to simplify the process and assist you at every step.
  • Who are the cheapest business utility providers?
    As market conditions and prices fluctuate regularly, it's challenging to provide an up-to-date and definitive list of the cheapest business utility providers. The prices we provide you are valid and available on the day of the quote and will provide most current and competitive deals available. Our switching service helps you compare prices and offers from multiple suppliers, ensuring you have the most accurate and relevant information to make an informed decision about your business utility provider.
  • What is energy procurement?
    Energy procurement is the process of sourcing, negotiating, and securing energy contracts to meet the specific needs of a business. It involves analysing energy consumption patterns, understanding market trends, and negotiating with suppliers to obtain the best possible rates and contract terms.
  • Why is energy procurement important for my business?
    Energy procurement ensures that your business secures energy contracts that are both cost-effective and aligned with your operational needs. Proper energy procurement can lead to significant cost savings, budget predictability, and reduced risks associated with volatile energy markets.
  • How does The Smart Energy Company help with energy procurement?
    We specialise in analysing your energy consumption, understanding your specific needs, and leveraging our relationships with over 20 suppliers to negotiate the best possible contracts on your behalf. Our team ensures you get optimal rates, flexible terms, and contracts that align with your business goals.
  • How do you ensure I get the best energy rates?
    Our team continuously monitors the energy market, staying updated with trends, price fluctuations, and supplier offerings. Coupled with our in-depth analysis of your energy needs and consumption patterns, we negotiate with suppliers to secure rates that are both competitive and suited to your business.
  • Are there any hidden fees associated with your energy procurement services?
    Transparency is a core value at The Smart Energy Company. We provide a clear breakdown of any commission we earn as a company when you come to agree any new energy contract. This is typically included as an uplift in your unit rate and paid to us by the supplier you chose to go to. Our primary goal is to secure the best energy deals for you, with no hidden costs.
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Your Business Energy

At The Smart Energy Company, we're committed to offering tailored solutions that fit your energy needs perfectly. By staying ahead of market trends, we ensure you're always equipped with the most efficient and sustainable energy options. We take pride in our client-driven approach, where your feedback shapes our continuous improvement.


Why not schedule a complimentary consultation with one of our energy experts today? Let's find the perfect energy solution tailored to your business.

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Very helpful, quick expert advice. We have been using Smart Energy for a while.


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Operation Manager

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