Drax Business Electricity Supply Arm Growing
Drax said its Business electricity supply arm Haven
Power has continued to grow its customer base of small and medium-sized businesses. It bought the firm from Welsh Power Group in early 2009 for £10.75m to extend its trading capabilities and options for routes to market. At the time Haven supplied around 22,000 SMEs with Business Electricity, equating to about 0.7 terawatt hours per year. This has grown to 28,000 customers by the end of June.
Drax now plans to expand Haven from SME’s to also supply the larger industrial and commercial businesses. They recently completed all their planning and assessments in order to expand Haven and are now investing in systems and staff to support this move.