The Government is introducing the Energy Price Guarantee to protect households from the spiralling costs of energy. The Guarantee will ensure that a typical household in Great Britain pays an average £2,500 a year on their energy bill, for the next 2 years, from 1 October 2022. Equivalent support will be provided in Northern Ireland. The Energy Price Guarantee is on top of the existing policies government has in place to protect vulnerable consumers and ensure those who need it, receive additional support. Government will consider how price protection needs to evolve as the energy system changes to ensure that households benefit from new technologies, tariffs, and business models. Government will set out next steps on the future of the retail market in due course.