The Ghana Revenue Authority (GRA) has officially confirmed that the Energy Sector Levies (Amendment) Bill, 2025, will come into effect on Wednesday, July 16, 2025, following a temporary postponement last month.
Originally scheduled for implementation in June, the rollout was deferred on June 13 after consultations between the GRA, the Ministry of Finance, and the Ministry of Energy. Authorities cited the need to monitor global market conditions and safeguard the recent stability in domestic fuel prices as the primary reasons for the delay.
The now-enacted legislation, known as Act 1141, amends the existing Energy Sector Shortfall and Debt Repayment Levy (ESSDRL). It introduces revised rates on select petroleum products as part of a broader government initiative to address persistent funding shortfalls and repay long-standing debts within the energy sector.
According to the GRA, these changes are crucial to enhancing financial sustainability in the sector and ensuring long-term stability of Ghana’s energy infrastructure. “We urge all stakeholders, particularly those in the downstream petroleum industry, to take note of the revised rates and make the necessary preparations ahead of the new implementation date,” a statement from the Authority read.
Government officials emphasized that the decision to proceed with the new levies follows a comprehensive review of key market indicators, which showed conditions were favorable for implementation without disrupting price stability.
The revised levies are a core element of the government’s broader fiscal strategy aimed at sustaining energy supply chains, improving infrastructure resilience, and ensuring continued service delivery. Authorities have pledged to maintain an open line of communication with industry players and to monitor the impact of the new rates in the months following implementation.
The Energy Sector Levies (Amendment) Act, 2025 is one of several policy instruments introduced to reposition Ghana’s energy sector on a more sustainable path amid global economic pressures and domestic budgetary constraints.
Industry players and consumers alike are advised to stay informed and engage with regulatory bodies to better understand the implications of the levy adjustments.
⸻