You do not need to apply, and there is no need to contact your energy supplier, the discount is automatic. The EPG reduces (compared to the undiscounted price of energy) the amount you can be charged per unit of gas or electricity, to an annual equivalent of around £2,500 for a typical household in Great Britain.Įnergy bills will still be higher or lower depending on how much energy is used - for example energy bills will still be lower for in a well-insulated home that uses less energy.Īll households will continue to pay less for their energy bills than they would have otherwise with no government intervention.īy the end of June 2023, the EPG will have saved a typical household in Great Britain around £1,100 since the scheme began in October, compared to undiscounted energy prices under the price cap. There are a few differences for those in Northern Ireland because of the different way the Northern Ireland energy market operates. The scheme operates, for the most part, in the same way for households across the whole of the UK. around £2,109 per year in Northern Ireland. around £2,500 per year in Great Britain.This brings a typical household energy bill for dual-fuel gas and electricity down to: The EPG was extended for an additional 3 months from April to the end of June. Energy Price Guarantee up until 30 June 2023įrom 1 October 2022 up until 30 June 2023 the Energy Price Guarantee provides a support rate discount to all households with a domestic gas and/or electricity contract. The government will keep this under review. The government has engaged industry, the Utility Regulator and consumer group in Northern Ireland, and has concluded the difference between the costs faced by PPM and direct debit users does not exist in the same way that it does in Great Britain. The PPM measure will also not apply in Northern Ireland due to the specific circumstances of the energy market. The Energy Price Guarantee will remain in place as a safety net until March 2024 should energy prices increase significantly during this period. Overall, typical energy bills were lower in Northern Ireland during the winter period than in Great Britain. This is because of differences in the operation of the energy market, meaning households in Northern Ireland will likely experience a small increase in their energy bills. Households in Northern Irelandįrom the 1 July, households in Northern Ireland will no longer receive an Energy Price Guarantee discount on their gas and electricity bills due to falling wholesale energy prices. You do not need to contact your supplier to apply or use vouchers. The discount will be applied automatically to the price that is set on the meter. The discount will be reviewed every 3 months in line with future changes to Ofgem’s price cap. See the full list for July-September 2023
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