Ghana: Gov’t Raises Gh¢8.81 Billion From Energy Levy In 2025 – Finance Minister

Ghana’s Minister for Finance, Dr. Cassiel Ato Baah Forson, on Tuesday revealed that the Energy Sector Shortfall and Debt Repayment Levy generated a total of GH¢8.81 billion in 2025 for the Energy Sector Support Account.

According to him, the government allocated additional resources amounting to GH¢1.26 billion, bringing the total funds available in the account to GH¢10.07 billion.

Dr. Forson made this known in an annual report on the energy levy presented to Parliament.

Of this amount, GH¢9.82 billion was utilised in 2025, with GH¢6.32 billion used to settle energy sector shortfalls and GH¢3.52 billion allocated toward the repayment of legacy debt.

The minister said proceeds from the levy were insufficient to fully meet the obligations for the 2025 fiscal year, resulting in an additional GH¢12.85 billion being paid by the Controller and Accountant-General’s Department from the Treasury Main Account.

In total, GH¢22.67 billion was expended from both the Energy Sector Support Account and the Treasury Main Account to address energy sector shortfalls and repay legacy debt.

The government further revealed that the balance in the Energy Sector Support Account as of December 31, 2025, stood at GH¢252 million.

“Lodgements for the period under review amounted to GH¢8.81 billion, exceeding collections by GH¢158.25 million (1.8%). An amount of GH¢1.26 billion was also brought forward into 2025 as balances on the various accounts making up the Energy Sector Support Account, bringing the total funds available to GH¢10.07 billion.

“Total utilisation from the Energy Sector Support Account in 2025 amounted to GH¢9.82 billion, comprising payments for energy sector shortfalls and the repayment of legacy debt in line with the provisions of Act 1135, leaving a balance of GH¢252.23 million,” Citinewsroom quoted from the annual report on the energy levy.

The energy levy, introduced to raise additional funds for fuel purchases for thermal power plants and to settle outstanding sector debts, has faced calls for greater transparency from stakeholders.

However, the government has defended its use of the proceeds, emphasising that the levy has supported efforts to ensure a more reliable power supply across the country.