{"id":307745,"date":"2017-04-04T06:05:40","date_gmt":"2017-04-04T06:05:40","guid":{"rendered":"http:\/\/citifmonline.com\/?p=307745"},"modified":"2017-04-04T06:05:40","modified_gmt":"2017-04-04T06:05:40","slug":"parliament-passes-energy-sector-levies-amendment-bill","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2017\/04\/parliament-passes-energy-sector-levies-amendment-bill\/","title":{"rendered":"Parliament passes Energy Sector Levies Amendment Bill"},"content":{"rendered":"
Parliament has passed the Energy Sector Levies Amendment Bill which will review the two components of the Levies downwards.<\/p>\n
While the national electrification scheme levy goes down from 5% to 2%, the Public lighting levy reduces from 5% to 3% per kilowatt hour of electricity charged on all categories of consumers.<\/p>\n
The reduction in the levies will cost government about GHc 308 million in revenue losses.<\/p>\n
But\u00a0justifying the need for the cuts on the floor of the House, Chairman of the Finance Committee, Dr. Mark Assibey Yeboah says the reduction will bring relief to electricity consumers.<\/p>\n