Princess Avenyoh
The revised Energy Sector Levy (Amendment) Act 2025 (Act 1141) officially takes effect today Wednesday July 16 2025.
The Ghana Revenue Authority (GRA) will enforce the new levy structure which was introduced by the government to address funding challenges in the energy sector and support ongoing economic recovery efforts.
The implementation follows an earlier postponement that allowed authorities to monitor global fuel price trends and assess domestic market conditions. After reviewing current economic indicators the Ministries of Finance and Energy agreed that it was time to proceed.
The revised Energy Sector Shortfall and Debt Repayment Levy (ESSDRL) introduces new rates on several petroleum products to help generate revenue for settling legacy debts and improving energy infrastructure.
Under the new structure the levy on petrol commonly known as Premium Motor Spirit (PMS) or petrol has increased from GHS0.95 to GHS1.95 per litre.
Diesel also referred to as Automotive Gas Oil (AGO) will now attract a levy of GHS1.93 per litre up from the previous GHS0.93.
For marine gas oil used in vessels two categories apply. Foreign marine gas oil will now attract the revised rate of GHS1.93 per litre while local marine gas oil which previously attracted a minimal charge of GHS0.03 per litre will now be charged GHS0.23 per litre.
The levy on heavy fuel oil also known as Residual Fuel Oil (RFO) remains unchanged at GHS0.04 per litre.
Government officials say these changes are necessary to ensure long-term energy sector stability and are part of broader fiscal measures aimed at maintaining economic balance.