Flexible electricity plans
Flexible options, exceptional service
A tailored service, with Flex
With a Drax Flex contract, you'll enjoy the benefits of working with our internal teams and getting a comprehensive, bespoke service.
A customer-first approach
For key accounts, a dedicated Service Relationship Manager (SRM) will take care of your day-to-day needs and host quarterly reviews to ensure you’re happy with our service.
Collaborative and communicative
Our Commercial (trading), Operations and Service teams will avoid operating in silos when dealing with your account and delivering on our commitments.
Operational excellence
Your comprehensive onboarding plan will suit the size and complexity of your business and meter portfolio. We achieve a 95% accuracy rate for bills issued, with 99% produced and distributed on time.
Managed risk with flexible trading
Our Flex product range offers budget certainty where possible, while still maintaining market-reflective positions. When you’re ready to buy or sell power, you can contact our trading desk directly from 8.30am until 5pm every weekday.
Additional insights
Our in-house Intelligence experts offer valuable insights that can help you better understand the market while supporting your planning and budgeting.
Extra services
We do more than supply renewable electricity; we can also help you reduce - and optimise - your power consumption and energy costs. Our services include EV charging infrastructure installation and fleet management, power purchase agreements (PPAs) and Corporate PPAs, demand management, and emissions benchmarking and reporting.
Flex plans
Which plan?
Flex Balance
Offers you control of your wholesale costs and budget certainty on your TPCs.
Flex Clarity (Live)
If you want flexible wholesale costs and passed-through TPCs, this is the product for you.
Flex Clarity (Reconciled)
Buy and sell your electricity on the wholesale market and choose to fix your TPCs or have us pass them through.
Flex Cashout
Suitable if your consumption is particularly volatile, and fixing shape costs is too expensive.
Who's it for?
Flex Balance
Available for customers who use at least 2GWh of electricity a year, and have at least one Half Hourly (HH) meter.
Flex Clarity (Live)
Your organisation must use at least 5GWh of electricity a year and have HH meters.
Flex Clarity (Reconciled)
Your organisation must use at least 5GWh of electricity a year, and this can apply to both HH and NHH meters.
Flex Cashout
Your organisation must use at least 5GWh of electricity a year and have HH meters.
Download our Flex product brochure
Download our Flex product brochure for free and discover more on how you ccould benefit from buying and selling your power when it suits you best.
Ready to talk about our Flex products? Fill out and submit the form below and one of our specialists will be in touch.
Understand how non-energy costs could affect you
Download our latest and previous Electricity Prices Explained guides to see our forecasts and understand how changes to non-electricity costs could affect you.
Flexible electricity plans - FAQs
What is a flexible electricity contract?
A flexible electricity contract allows businesses to choose when they buy some or all of their electricity, rather than fixing prices for the entire contract term upfront. This can enable organisations to respond to market conditions and manage energy purchasing strategies more actively.
How do Flex electricity plans work?
Flex plans allow eligible businesses to buy and sell electricity at different points during their contract, helping them track wholesale market prices and make purchasing decisions based on their organisation's objectives and risk appetite.
What are the benefits of a flexible energy contract?
Flexible energy contracts can offer greater control over energy purchasing, opportunities to manage market risk, and potential cost savings when electricity is bought at favourable market prices.
Who are flexible electricity contracts suitable for?
Drax Flex products are designed primarily for larger electricity users. Some Flex products are available to organisations consuming more than 2GWh annually, while others are aimed at businesses using at least 5GWh of electricity per year.
Can flexible electricity contracts help manage energy market volatility?
Yes. Flex plans are designed to support risk management strategies by allowing businesses to decide when to buy electricity and how much to purchase, helping them respond to changing market conditions.