The Energy Price Cap (EPC) is the maximum amount a utility company can charge an average customer in the UK per year for the amount of electricity and gas they use in kilowatt hours (kWh). It is designed to prevent businesses from simply passing on cost increases to the consumer.
Set by the regulator Ofgem and first introduced in January 2019, the cap only applies to customers who are on a standard variable tariff, typically a provider’s default and most expensive option.
