EPISODE · Jan 23, 2023 · 2 MIN
Two more years of loadshedding (you should get the solar panels)
from Die ekonomie minuut · host Waldo Krugell
Everyone is talking about loadshedding and after yesterday's news that it will last at least another two years, I thought I'd say something about it too. In simple terms, the demand for electricity is greater than the supply and in Economics-1 this means the price must increase. If the market is working, supply will slowly increase and price will stabilize. We can go on about what are the causes of the crisis, and what are the best solutions, but today I want to talk about the part where the market works - residential solar panel systems.
What this episode covers
Everyone is talking about loadshedding and after yesterday's news that it will last at least another two years, I thought I'd say something about it too. In simple terms, the demand for electricity is greater than the supply and in Economics-1 this means the price must increase. If the market is working, supply will slowly increase and price will stabilize. We can go on about what are the causes of the crisis, and what are the best solutions, but today I want to talk about the part where the market works - residential solar panel systems.
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Two more years of loadshedding (you should get the solar panels)
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