Gov’t to Roll Out Revised Energy Levies from July 16 Amid Push to Stabilize Energy Sector

The Government of Ghana, through the Ghana Revenue Authority (GRA), has confirmed that implementation of the Energy Sector Levies (Amendment) Act, 2025 (Act 1141) will officially take effect on Wednesday, July 16, 2025.

This follows an earlier postponement announced on June 13, 2025, which was aimed at monitoring global market conditions and protecting the recent gains made in domestic fuel pricing. The decision to proceed now comes after a thorough review of market indicators, carried out in consultation with the Ministries of Finance and Energy.

The amended Act introduces revised rates for the Energy Sector Shortfall and Debt Repayment Levy (ESSDRL) across key petroleum products, as detailed in Tax Information Circular (TIO) No. 2025/004. The levies, which apply to fuel types such as petrol, diesel, marine gas oil, and heavy fuel oil, are expected to generate additional revenue to support the settlement of legacy debts and boost energy infrastructure development.

The GRA, in its official notice dated July 1, 2025, urged stakeholders in the petroleum downstream sector to adjust their pricing structures accordingly and prepare for the rollout. The Authority emphasized that the levies are crucial to maintaining fiscal discipline in the energy sector, which has long been burdened by revenue shortfalls and financial obligations.

“This adjustment aligns with the government’s broader objective of safeguarding macroeconomic stability while supporting critical energy sector reforms,” the GRA stated.

Officials assured the public that the implementation will be monitored closely to assess its impact and ensure continued engagement with industry players for a smooth transition.

The Energy Sector Levies were originally introduced to address persistent funding gaps in the sector. With this latest amendment, government hopes to create a more sustainable financial environment to support long-term energy security in Ghana.