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If you're selling or renting out a domestic property or commercial building, you must get an approved Domestic Energy Assessor to produce the EPC. The EPC needs to be available to potential buyers as soon as you start to market your property for sale or rent.
If you already own your home, the process of getting an EPC produced can help you identify ways to improve the energy efficiency of your home. As EPCs are valid for ten years, you will then have an accurate EPC ready if you decide to sell or rent within this period (unless you improve your home subsequently, in which case you may wish to get a fresh EPC done to include those improvements).