According to the government website the energy price guarantee will

be extended from April 2023 until April 2024. Over this period a typical household bill in Great Britain will be reduced to around £3,000. Based on projections of the undiscounted price of energy, this is expected to save the typical household in Great Britain around £500.

Between 1 January and 31 March 2023, the Ofgem Energy Price Cap level will increase to £4,279. This is not what a typical household will pay for their energy. While the energy price guarantee remains in place it will continue to protect households and customers by keeping a bill for a typical household in Great Britain to around £2,500 (annual equivalent) until 31 March and £3000 from  April 2023 until April 2024.

Currently there has been no information whether the energy price guarantee will be continued past April 2024.

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