Like the price cap, the Energy Price Guarantee sets the maximum price suppliers can charge households for a single unit of gas and electricity.
And, in common with the price cap, it also doesn’t set a maximum amount for your final bill for the year. The price of your energy bill will still depend on how much energy you use.
According to Ofgem, a ‘typical’ household uses 2,900 kWh of electricity and 12,000 kWh of gas in a year.
If you use more or less than a typical household your bills will vary.