Parliament's wading into debate whether a levy the Government announced yesterday is indeed a levy, or in fact a tax.

The so-called 'levy on electricity' will fund building an LNG import terminal. 

Labour was quick to label this a 'gas tax', but Prime Minister Christopher Luxon and Energy Minister Simon Watts maintained this project would bring down people's power bills.

Newstalk ZB senior political correspondent Barry Soper unpacked today's discussions in Parliament.

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