Energy Price Guarantee ends — what you need to know

A gas stove with two hobs lit with blue flames
From July 1st the Energy Price Guarantee was replaced by the energy price cap (Image credit: Getty Images)

The government's Energy Price Guarantee ended at the beginning of July with energy costs reverting back to be dictated by Ofgem's energy price cap.

Currently, this is good news for households with the energy price cap set at £1,923 for annual energy prices as of 1 October — far lower than the £2500 level of the Energy Price Guarantee. 

Joseph Mullane
News Editor

News Editor Joseph has previously written for Today’s Media and Chambers & Partners, focusing on news for conveyancers and industry professionals.  Joseph has just started his own self build project, building his own home on his family’s farm with planning permission for a timber frame, three-bedroom house in a one-acre field. The foundation work has already begun and he hopes to have the home built in the next year. Prior to this he renovated his family's home as well as doing several DIY projects, including installing a shower, building sheds, and livestock fences and shelters for the farm’s animals. Outside of homebuilding, Joseph loves rugby and has written for Rugby World, the world’s largest rugby magazine.

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