The Energy Sector Support Account received GH¢8.81 billion in 2025 as a result of the Energy Sector Shortfall and Debt Repayment Levy, which imposed a fee of GH¢1 per litre on specific petroleum products, according to the government.
The government further stated that GH¢1.26 billion in additional resources were used in addition to the levy proceeds, increasing the total amount of money in the account to GH¢10.07 billion.
This was included in the yearly report on the energy levy that Dr. Cassiel Ato Forson, the Finance Minister, gave to Parliament on Tuesday, June 23.
GH¢9.82 billion of this sum was utilised in 2025, of which GH¢3.52 billion was set aside for legacy debt payments and GH¢6.32 billion was used to address shortages in the energy sector.
The Controller and Accountant General’s Department paid an extra GH¢12.85 billion from the Treasury Main Account because the government claims the levy’s proceeds were not enough to cover all of the obligations for the 2025 fiscal year.
The Energy industry Support Account and the Treasury Main Account were used to pay off legacy debt and rectify deficits in the energy industry, totalling GH¢22.67 billion.
The government also disclosed that as of December 31, 2025, the Energy Sector Support Account has a balance of 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,” part of the report read.
Stakeholders demanded transparency from the energy levy, which was implemented to earn extra money for fuel purchases for thermal power plants and to pay off outstanding sector debts.
However, the government has defended how it has used the money, pointing out that the fee has helped to guarantee a more dependable power supply nationwide.
Source: newsthemegh.com