GHS1 energy sector levy takes effect today

The revised Energy Sector Levy (Amendment) Act, 2025 (Act 1141), officially takes effect today, July 16, 2025, introducing new charges aimed at boosting revenue for Ghana’s energy sector.

According to the Ghana Revenue Authority (GRA), the implementation follows a postponed rollout earlier this year, which was intended to allow for a review of global market dynamics and domestic fuel pricing trends.

The government says the updated levy was finalized after consultations between the Ministries of Finance and Energy and is part of broader efforts to stabilize the economy and resolve long-standing financial challenges within the energy sector.

The new structure increases the Energy Sector Shortfall and Debt Repayment Levy (ESSDRL) on key petroleum products such as petrol, diesel, and marine gas oil. The additional revenue is expected to fund the repayment of legacy energy debts and improve infrastructure.

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Officials insist the levy will help close funding gaps and enhance financial sustainability in the energy sector without severely disrupting recent gains in fuel price stability.

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