It is a legal requirement. Whether you are renting, selling or commissioning a new building you have to have an EPC. It gives the prospective buyer or tenant informational proof on energy efficiency of the property.
Once you have one, it will be valid for 10 years, unless there is a material change to the building. And you will get it accompanied by a recommendation report, which provides recommendations on how the energy performance of the building could be enhanced, together with an indication of the payback period