The Energy Price Guarantee (EPG) is a government-backed energy support scheme that was introduced in October 2022 to limit the soaring costs of energy. The EPG is not the same as the energy price cap set by Ofgem but was used as a temporary measure to further protect consumers in a cost-of-living crisis. It is currently set at £2,500 per year for the average household and will remain so until 30th June 2023. However, since the energy price cap is set to reduce to below £2,500 per year from July 1st, the EPG will effectively become redundant.